Techmeme
September 9, 2021, 10:25 PM

Top News

Alex Heath / The Verge:
Facebook launches $299 Ray-Ban Stories smart glasses in six countries including the US; users can capture photo and video, listen to music, or take phone calls  —  Hands-on with Facebook and Ray-Ban's first pair of smart glasses  —  Starting Thursday, the first pair of smart glasses …
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Tom Warren / The Verge:
Microsoft indefinitely postpones the return to its offices in the US, saying it has “decided against attempting to forecast a new date for a full reopening”  —  The pandemic keeps pushing back Microsoft's plans  —  Microsoft is shelving its plans to fully reopen its US offices next month.
Mark Gurman / Bloomberg:
Sources: Apple has appointed longtime Apple Watch and Health software chief Kevin Lynch as the new head of its Apple Car project after Doug Field's departure  —  - Kevin Lynch replaces Doug Field as head of Apple's car efforts  — Field left Apple's project after three years to work at Ford
Todd Spangler / Variety:
Amazon launches the Fire TV Omni Series, its first smart TVs, starting at $410 and shipping in October  —  Amazon is officially in the TV set business.  —  After years of selling Fire TV devices that plug into third-party HDTVs and teaming with TV makers for Fire TV-based products …
Ben Schoon / 9to5Google:
Jay Peters / The Verge:
Epic asks Apple to reinstate its Fortnite developer account in S. Korea, after passage of a Korean bill forcing app stores to allow alternative payment systems  —  Following the passing of a bill allowing alternative payment systems on the App Store  —  Epic Games has asked Apple to reinstate …
Sarah Perez / TechCrunch:
Epic to shut down Houseparty, the video chat app it acquired in 2019, in October, along with Fortnite Mode, which uses Houseparty for video chats  —  Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down.
Reed Albergotti / Washington Post:
Security researchers say Apple's bug bounty program is undermined by Apple's insular culture, confusion about payments, and long delays in fixing bugs  —  Lack of communication, confusion about payments and long delays have security researchers fed up with Apple's bug bounty program
Cat Zakrzewski / Washington Post:
Texas governor signs bill banning social media companies with 50M+ MAUs from blocking or restricting people or their content based on their viewpoint  —  The law is an escalation of a conservative critique of Silicon Valley and will likely to face legal challenges from the industry
Matt Levine / Bloomberg:
While SEC rules are hazy, Coinbase's Lend product likely does constitute a security; to avoid SEC oversight, Coinbase would need to be regulated like a bank  —  Is lending your Bitcoins a security?  —  Oh, sure, yes, absolutely.  The rule in the U.S. is that an “investment contract,” …
Annie Palmer / CNBC:
Affirm beats in Q4 with $261.8M, up 71% YoY, vs. estimates of $225M, with 7.1M active customers, up from 5.4M in the previous quarter; stock up more than 20%  —  - Affirm reported better-than-expected revenue for the fourth quarter after the bell Thursday and gave strong guidance for the current quarter.
Stephen Graves / Decrypt:
Mastercard acquires CipherTrace, which offers a crypto-focused analytics service that specializes in anti-money laundering and forensics  —  Mastercard has announced that it has acquired cryptocurrency tracking firm CipherTrace with a view to providing “additional transparency and support” for the emerging ecosystem of digital assets.
Edward Ongweso Jr / VICE:
Report: since 2004, Microsoft, Amazon, Google, Facebook and Twitter have earned $43.8B in contracts with the Pentagon, mostly in relation to the War on Terror  —  A team of researchers have published a new report detailing how Amazon, Microsoft, Google, Facebook, and Twitter have profited from the global campaign of violence.
Sarah Perez / TechCrunch:
A number of playlist curators say Spotify is not addressing playlist abuse, letting bad actors report rivals to gain better visibility for their own playlists  —  A number of Spotify playlist curators are complaining that the streaming music company is not addressing the ongoing issue of playlist abuse …

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