Techmeme
September 2, 2020, 9:20 PM

Top News

Chaim Gartenberg / The Verge:
Intel announces 11th-generation Tiger Lake CPUs for laptops, with integrated Xe graphics, Thunderbolt 4 support, Wi-Fi 6, and more, coming this fall  —  The ‘best processor for thin-&-light’ laptops  —  Intel has officially announced its first 11th Gen Tiger Lake processors for laptops …
Soumyarendra Barik / MediaNama:
India bans another 188 Chinese apps, including PUBG, Baidu, and Alipay, saying widespread concerns were flagged against the blocked apps  —  India on Wednesday banned 118 more apps, including popular gaming app PUBG, for allegedly being engaged in activities which are “prejudicial to sovereignty …
Josh Gerstein / Politico:
Federal appeals court rules the NSA's mass surveillance program was possibly unconstitutional and the program's “bulk collection” of metadata was illegal  —  The National Security Agency program that swept up details on billions of Americans' phone calls was illegal and possibly unconstitutional …
Wall Street Journal:
Sources: Robinhood is under SEC investigation for failing to fully disclose selling clients' orders to high-speed trading firms, with a potential $10M+ fine  —  Company could have to pay a fine exceeding $10 million if it agrees to settle  —  Robinhood Markets Inc. faces a civil fraud investigation …
Boone Ashworth / Wired:
Google updates Your News Update, its Assistant-powered audio news service, with new features including its own “newscaster voice”  —  The company's latest news product is an ever-replenishing playlist of audio stories—curated, in part, by the wealth of data it has on you.
James Vincent / The Verge:
In response to UK's “digital services tax”, Apple says it will raise UK developer fees by 2% and Amazon says it will increase third-party seller fees by 2%  —  Developers, ad buyers, and third-party sellers are all affected  —  For many years, Europe has been unhappy with the tax habits of US tech giants.
Martin Brinkmann / gHacks Technology News:
Microsoft says it will bring its DirectStorage API from the Xbox to PCs, to reduce IO bottlenecks and improve game loading times and graphics details  —  When Microsoft announced the next Xbox console some time ago, it highlighted some features of the console's underlying architecture to demonstrate its power.
Peter Rudegeair / Wall Street Journal:
Driven by the popularity of Cash App, Square's stock is up 28% in the past month and 166% in the past year; Cash App saw revenue double to $325M in Q2 2020  —  Users have flocked to Cash App, which made it easy for people to accept stimulus checks and unemployment benefits
Donie O'Sullivan / CNN:
Facebook says, after an FBI tip, it took down several Pages and accounts pushing a fake left-wing news outlet made by people linked to Russian troll group IRA  —  New York (CNN Business)People associated with the infamous St. Petersburg troll group that was part of Russia's attempt to interfere …
Monica Alleven / FierceWireless:
FCC says Verizon, Dish, Charter, and Comcast were the 4 highest bidders in a ~$4.6B 3.5GHz band auction; Dish secured the most 3.5GHz licenses with nearly 5,500  —  As widely expected, Verizon showed up at the auction of 3.5 GHz Priority Access Licenses (PALs) in a big way …
Kyle Wiggers / VentureBeat:
NHTSA launches an autonomous vehicle test tracking tool with data on 17 US cities in partnership with Fiat Chrysler, Toyota, Uber, Waymo, and others  —  In June, the U.S. National Highway Traffic Safety Administration (NHTSA) detailed the Automated Vehicle Transparency and Engagement for Safe Testing …
More: TechCrunch
Apple:
Apple says the iOS app economy created 300,000 new US jobs since April 2019 and now supports 2.1M+ US jobs across all 50 states, up 15% YoY  —  App Store ecosystem now supports over 2.1 million jobs across all 50 states  —  The iOS app economy has created nearly 300,000 new jobs since April 2019 …
Laura Cooper / Wall Street Journal:
Brazilian digital bank Neon Pagamentos raises $300M Series C led by General Atlantic, bringing its total raised to over $400M  —  The new funding round for Neon Pagamentos comes less than a year after the company announced it had raised $92 million for a previous financing round

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