Techmeme
October 5, 2019, 12:00 PM

Top News

CNBC:
PayPal says it is withdrawing from Facebook's Libra Association, becoming the first of its founding members to do so  —  PayPal is withdrawing from Facebook's Libra Association, the company announced Friday.  —  “PayPal has made the decision to forgo further participation in the Libra Association …
Samuel Axon / Ars Technica:
Apple admits some iPhone 6S/6S Plus phones sold from Oct. 2018 to Aug. 2019 may not turn on due to a faulty component, offers free repairs and repair refunds  —  The problem affects phones made between October 2018 and August 2019.  —  Apple has posted notice of a new repair program …
Tom Burt / Microsoft on the Issues:
Microsoft: Iran-linked group, dubbed Phosphorus, attempted to hack 241 accounts belonging to a 2020 presidential campaign and others between Aug. and Sept.  —  Today we're sharing that we've recently seen significant cyber activity by a threat group we call Phosphorus, which we believe originates …
Louise Matsakis / Wired:
Unlike other social media platforms, TikTok doesn't timestamp user uploads, frustrating some creators, but making it possible for months-old content to go viral  —  The popular app doesn't tell users when a video was posted.  Creators say that makes it easier to steal content—but there are also upsides to forgetting what day it is.
Wall Street Journal:
Sources: Google has held discussions about acquiring the TikTok-like short video app Firework; California-based Firework was valued at $100M+ earlier this year  —  Firework is startup behind app that lets users share 30-second clips; Weibo also has expressed interest
Financial Times:
US and UK sign the first-ever bilateral data access agreement, enabled by the Cloud Act, to speed up court-approved data exchanges for criminal investigations  —  Police and intelligence agencies are to be given expedited access to electronic communications sent by terrorists …
Anirban Sen / Reuters:
Sources: SoftBank is struggling to raise money for Vision Fund 2; it is likely to be far smaller, at least at the start, than the $108B it said it had lined up  —  (Reuters) - SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund …

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Earlier Picks

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