| Bloomberg: |
Trump says he has approved Oracle's bid for the US operations of TikTok “in concept” — - TikTok app store ban put on hold for a week after Trump nod — New TikTok Global to donate $5 billion to education foundation — Donald Trump gave his blessing to Oracle Corp.'s bid … | Jonathan Shieber / TechCrunch: |
US delays TikTok ban by a week, as company says Oracle and Walmart may take 20% stake in TikTok Global's pre-IPO round, host US user data and computer systems — Well... that was pointless. — After debasing the idea of free commerce in the U.S in the name of a misplaced security concern … | Amanda Macias / CNBC: |
US judge in California issues a preliminary injunction halting Commerce Department's order banning downloads of WeChat from Sunday — - A U.S. judge in California halted the Trump administration's ban on downloads of the Chinese-owned app WeChat early Sunday.| Reuters: |
ByteDance says that it is not aware of the news that TikTok is setting up a $5B education fund in the US as part of a deal to continue operating in the US — NINGBO, China (Reuters) - TikTok owner Bytedance said in a social media post on Sunday that it was the first time it had heard … | Bloomberg: |
| Christopher Mims / Wall Street Journal: |
How “Huang's Law”, gains in AI chip performance even faster than Moore's Law, moves data processing from the cloud to the edge and may explain Nvidia's Arm deal — The rule that the same dollar buys twice the computing power every 18 months is no longer true, but a new law … | Catalin Cimpanu / ZDNet: |
Starting Oct. 1, all new source code repositories on GitHub will be named “main” instead of “master” as part the company's effort to abandon non-inclusive terms — All new Git repositories on GitHub will be named “main” instead of “master” starting October 1, 2020.| Clive Thompson / Wired: |
YouTube taught its recommendation system how to recognize and demote conspiratorial videos, but organic link-sharing and bot promotion are thwarting its efforts — From flat-earthers to QAnon to Covid quackery, the video giant is awash in misinformation. Can AI keep the lunatic fringe from going viral?| Shannon McGregor / Wired: |
Facebook and Twitter fail to differentiate “coordinated behavior” from standard political campaign practices, leading to unclear and inconsistent moderation — No one knows, not even the policy writers or enforcers. And the ambiguity is exacerbating threats to our electoral process.| Ina Fried / Axios: |
After losing out to Apple and Google on smartphones, Facebook's big bets on VR and AR can be seen as attempting to control the next big hardware platforms — Facebook's foray into virtual and augmented reality, which it doubled down on this week, is a bet on where the future of online social interaction is heading.| Sophia Kunthara / Crunchbase News: |
At Snowflake's IPO price, Sutter Hill Ventures' stake was worth $5.9B, Altimeter Capital's ~$4.4B, ICONIQ Capital's $4B+, Redpoint's $2.6B, and Sequoia's ~$2.5B — Data warehousing company Snowflake went public on Wednesday in the largest software IPO ever, raising nearly $3.4 billion and valuing the company at $33.2 billion.| Kaitlyn Tiffany / The Atlantic: |
A look at teen TikTok stars like “Mooptopia”, who achieved sudden viral fame and found it hard to contend with the devotion and nonstop attention of fans — Teens are making it big overnight, but that kind of fame can be a mixed bag. — A girl sits alone on an ugly couch … | Asha Saluja / Slate: |
Behind the rise of viral earworms on TikTok, whose musical DNA and culture of repetition often leads to the same songs being reused again and again in videos — Gen Z's favorite video app is a blessing in a pandemic. But why does so much of it sound the same? — I downloaded TikTok in April, a month into COVID isolation.
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