Techmeme
September 16, 2019, 8:35 AM

Top News

Washington Post:
The dearth of TikTok videos on Hong Kong protests offers a glimpse of how China could shape the perception of real-world events by US and global audiences  —  Hong Kong unrest features prominently on most social media, but not on TikTok  —  A search for “#hongkong” on Twitter reveals …
Rob Walker / New York Times:
Despite what media and politicians say, there is no tangible tech backlash from consumers, who shrug off warnings of a dystopian future and embrace new tech  —  Worse, we think there is one.  —  Mr. Walker is the author of “The Art of Noticing.”  —  It's fun, and increasingly fashionable, to complain about technology.
Financial Times:
Sources: Libra representatives to meet officials from 26 central banks, including the Federal Reserve and the Bank of England, in Basel, Switzerland on Monday  —  Facebook will be quizzed by global regulators on its planned Libra coin project amid concerns from EU governments over the threat …
Wall Street Journal:
As AT&T's CEO plans to retire, AT&T's TV business keeps declining, the Time Warner integration looks shaky, and now an activist shareholder pushes for changes  —  Plans by CEO Randall Stephenson to leave the helm to a longtime ally triggered the threat of a proxy fight by an aggressive Wall Street activist investor
Wall Street Journal:
Since its 2014 IPO, Alibaba has struggled to grow beyond China despite investing $5B+ in new markets; ~5% of its last FY revenue came from international retail  —  The Chinese juggernaut handles more business than any other company.  Yet like many of its compatriots, it has struggled to expand into new markets
Ry Crist / CNET:
The Wi-Fi Alliance launches the Wi-Fi Certified 6 program for devices using next-gen 802.11ax Wi-Fi radios, expected to be up to 40% faster than Wi-Fi 5  —  Promising “a new Wi-Fi era,” the Wi-Fi Alliance, a non-profit industry group, announced the launch of the Wi-Fi Certified 6 program today.
More: The VergeThanks:@rycrist
David Coats / VC by the Numbers:
Analysis: ~51% of capital invested into US VC-funded companies exiting over the last decade lost money, while less than 4% generated a 10x or greater return  —  In fact, we are highly skewed.  —  Most of us know intuitively that venture investing is a hits driven business.

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