| Kurt Wagner / Bloomberg: |
Facebook says it has created Facebook Financial, a new group headed by David Marcus that will run all payments projects, including Facebook Pay — - Libra cryptocurrency co-creator David Marcus to lead new group — Former UpWork CEO Stephane Kasriel joins as payments VP| Reuters: |
Russian competition watchdog FAS says Apple abused its dominance of the mobile apps market and must resolve issues with iOS App Store; Apple says it will appeal — MOSCOW (Reuters) - Russian competition watchdog FAS on Monday said that Apple Inc has abused its dominant position … | Eric Slivka / MacRumors: |
Kuo: iPhone shipments could decline by 25-30% if Apple is forced to remove WeChat from its App Stores around the world under Trump's EO — In a worst-case scenario, Apple's annual global iPhone shipments could decline by 25-30% if it is forced to remove WeChat from its App Stores around the world … | Reuters: |
Sources: TikTok's separation from ByteDance could take over a year, well beyond Trump and Microsoft's Sept. 15 timeline, as Microsoft negotiates the transition — (Reuters) - Microsoft Corp's (MSFT.O) bid to carve out parts of TikTok from its Chinese owner ByteDance will be a technically complex endeavor … | Wall Street Journal: |
| Juli Clover / MacRumors: |
In iOS 14, Apple News+ publishers' web links are opened in the Apple News app by default for Apple News+ subscribers, though this feature can be turned off — Apple News in iOS 14 and macOS Big Sur has a toggle that's designed to open web links from Apple News+ publishers directly … | Dara Khosrowshahi / New York Times: |
Uber CEO defends treating gig workers as contractors, suggesting gig economy companies should be required to establish funds that give workers cash for benefits — Gig workers want both flexibility and benefits — we support laws that could make that possible. — Mr. Khosrowshahi is the chief executive officer of Uber.| Alex Wilhelm / TechCrunch: |
Mux, an API-based video streaming and analytics service, raises $37M Series C led by a16z, following its $20M Series B in 2019 — This morning, Mux, a startup that provides API-based video streaming tooling and analytics, announced that it has closed a $37 million Series C round of capital.| Jay Peters / The Verge: |
Amazon rebrands Twitch Prime as Prime Gaming; the service will still give Prime subscribers perks, including free games, on the live streaming platform — Prime Gaming now sits more logically alongside Prime perks like Prime Video and Prime Reading — Amazon is rebranding Twitch Prime … | Lorenzo Franceschi-Bicchierai / VICE: |
In the wake of a widely protested presidential election in Belarus, nonprofits and companies including Twitter are reporting parts of the internet being blocked — Twitter, local journalists, and internet freedom organizations report that there are widespread internet blocks in Belarus.| Abner Li / 9to5Google: |
Google announces that Google Maps now has CarPlay Dashboard support and a simple version of the app will be rolling out to Apple Watch in the coming weeks — Google today announced two big features for its mapping service on Apple platforms. After removing in 2017, Google Maps is bringing … | New York Times: |
A look at the tight links between employees at big tech companies and Joe Biden's campaign, despite his criticism of the Silicon Valley giants — While Joe Biden has criticized the largest tech companies, his campaign and transition teams have welcomed allies of Facebook, Google, Amazon and Apple onto its staff and policy groups.| Sonali Basak / Bloomberg: |
Robinhood says its daily average revenue trades were 4.31M in June, about 4x E*Trade's fee-generating trades and higher than other publicly traded rivals — - 4.31 million daily average revenue trades recorded in June — Company has blocked access to data that was used by Robintrack
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| Lucas Kunce / Pro Market: |
| Ben Smith / New York Times: |