Techmeme
September 28, 2020, 1:50 AM

Top News

New York Times:
Federal judge grants a preliminary injunction against a Trump administration order that would have banned TikTok from US app stores  —  The government said a ban would address its national security concerns.  But lawyers for its owner said a ban would be “no different from the government locking the doors to a public forum.”
David Streitfeld / New York Times:
Inside eBay's alleged plot that targeted a blogging duo and a Twitter gadfly using cockroaches, porn, death threats, physical surveillance, and pizza deliveries  —  “People are basically good” was eBay's founding principle.  But in the deranged summer of 2019, prosecutors say …
Alex Thompson / Politico:
Facebook exec says right-wing drives more engagement because its “populism is always more engaging” as it speaks to “an incredibly strong, primitive emotion”  —  Throughout 2020, Democrats have denounced Facebook with growing ferocity as a “right wing echo chamber” …
Eudora Wang / DealStreetAsia:
Fiture, a Chinese startup that offers smart home fitness equipment, raises $65M Series A led by Tencent  —  FITURE, a Chinese startup that offers smart home fitness equipment, has secured $65 million in a Series A round of financing led by Tencent with participation from its angel round investor Sequoia Capital China.
Isobel Asher Hamilton / BusinessInsider:
Elon Musk voiced his discontent on Twitter that OpenAI is exclusively licensing GPT-3 to Microsoft saying “OpenAI is essentially captured by Microsoft”  —  - Elon Musk voiced his discontent on Twitter that OpenAI — the AI research firm he helped found — is exclusively licensing …
New York Times:
Amazon, which had struggled to gain a foothold in Italy, benefited from a shift to online shopping during pandemic lockdown as 75% of Italians shopped online  —  The e-commerce giant had struggled to gain a foothold in a society that prefers to shop in person, with cash, but now Italians are hooked on online shopping.
Biz Carson / Protocol:
A look at VC Guide, which lets startup founders post reviews on VCs anonymously, as critics say it is focused on individuals rather than on firm-level feedback  —  Hello and welcome to Pipeline.  This week: Inside the Zoom boom, anonymous investor ratings, and the worst “Uber for X” idea I've ever heard.
Catalin Cimpanu / ZDNet:
Singapore-based cryptocurrency exchange KuCoin discloses hack that emptied its hot wallets, with the minimum loss currently estimated at $150M  —  KuCoin said an intruder drained all its hot wallets today.  —  Singapore-based cryptocurrency exchange KuCoin disclosed today a mega hack.

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