| Elizabeth Dwoskin / Washington Post: |
Facebook says it will temporarily suspend political ads after US polls close on Nov. 3 and will remove calls for poll watching that use “militarized” language — The move is intended to limit confusion and misinformation on the platform, the social media company says| Yogita Khatri / The Block: |
Square purchases $50M worth of bitcoin, becoming the second publicly listed company after MicroStrategy to invest in the cryptocurrency — Revolut, the London-based fintech firm, has enlisted crypto security firm Fireblocks to lay the foundations for new crypto products.| David Gilbert / VICE: |
An ISP took down the website for the group calling itself The Real Facebook Oversight Board after Facebook complained that the site was involved in “phishing” — “Nothing says ‘free speech’ quite as much as a multi-billion dollar corporation with a global monopoly getting its critics shut down."| Sherisse Pham / CNN: |
Samsung says it expects to make an operating profit of $10.6B in the July-September quarter, up 58% YoY, and sales of $7B, up 6% in its earnings guidance — Hong Kong (CNN Business)Samsung (SSNLF) predicts its profit jumped nearly 60% last quarter, suggesting it could soon retake its position … | Nikkei Asia: |
Inside the US campaign to cut China out of supply chains, which already pressured companies like Apple to look at moving 15% to 30% of output out of the country — Apple, Google and others shift production to prepare for ‘decoupled’ global market — It was a hot summer morning in Taipei … | Ina Fried / Axios: |
Microsoft adopts 10 “principles” for its app store, including letting devs choose a payment system for IAPs, that it says should be a model for other app stores — In a not-so-subtle dig at Apple and Google, Microsoft today announced a series of “principles” for its Windows 10 App Store … | Kartikay Mehrotra / Bloomberg: |
US seizes 92 websites it said were used by Iran to spread disinformation, including four domains disguised as genuine news outlets based in the US — - Four of the domains were fake news sites targeting Americans — The U.S. Justice Department seized 92 websites it said were used … | Cecilia D'Anastasio / Wired: |
Interviews with former Amazon Game Studios employees suggest Amazon's efforts to develop games have been unsuccessful due to hubris, fueled by success elsewhere — After brute-forcing its way to dominance in so many industries, the tech leviathan may finally have met its match.| Sarah Perez / TechCrunch: |
App Annie: users downloaded 33B new apps, spent $28B in apps in Q3, up 20% YoY, and spent 180B+ hours in apps every month of July, Aug., and Sep., up 25% YoY — Mobile usage continues to remain high amidst the COVID-19 pandemic, which has prompted social distancing measures and lockdown policies … | Paul Sawers / VentureBeat: |
Lime launches a new mobility-as-a-service platform that allows third-party transport providers to offer their vehicles directly inside the Lime app — Electric mobility company Lime is launching a new mobility-as-a-service (MaaS) platform for third-party transport providers to offer their vehicles directly inside the Lime app.| Larry Dignan / ZDNet: |
IBM announces that it plans to spin off its managed infrastructure services unit, with $19B in sales and 90K staff, to help it focus on hybrid cloud apps — IBM will become a company that gets more than half of its sales from recurring revenue instead of services.| Steve O'Hear / TechCrunch: |
MessageBird, which enables SMBs to communicate with customers on various messaging channels, from WhatsApp to voice, raises $200M Series C led by Spark Capital — MessageBird, the Amsterdam-headquartered cloud communications company, has raised $200 million in Series C funding in a round led by Silicon Valley's Spark Capital.| Gordon Corera / BBC: |
A UK parliamentary inquiry concludes clear evidence of collusion between Huawei and the CPC apparatus exists; Huawei says report is built on opinions not facts — There is “clear evidence of collusion” between Huawei and the “Chinese Communist Party apparatus”, a parliamentary inquiry has concluded.| Christine Hall / Crunchbase News: |
Bloom Credit, which offers an API for businesses to integrate with all three major US credit bureaus, raises $13M Series A — Bloom Credit is helping fintech and other businesses that want to provide credit products, such as lending, personal finance or credit monitoring, work with the country's three credit bureaus.| Taylor Lorenz / New York Times: |
Triller, a TikTok competitor that sees being American as its greatest asset, is tempting TikTok stars with cash, fancy cars, creator mansions, and more — TikTok's top creators are taking “Triller money” to bring their content over to the app. — When talk of a possible TikTok ban began in July … | Hanna Ziady / CNN: |
Web Summit, Europe's largest technology conference, which had 70K+ attendees last year, will be held entirely online this year in December — London (CNN Business)Europe's largest technology conference will be held entirely online this year, as the coronavirus pandemic forces scores of major events to go digital.| Steve Kovach / CNBC: |
Following the House's antitrust report, an overview of how Democrats and Republicans view regulation and the common ground between them, like more FTC funding — - The House Subcommittee on Antirust released its report on Apple, Amazon, Facebook and Google, building a case for why each company has monopoly power.| Ben Thompson / Stratechery: |
| Juli Clover / MacRumors: |
| Ryan Gallagher / Bloomberg: |
Sources: US-based Sandvine, which canceled its deal with Belarus after criticism, supplies tech to censor the internet in over a dozen countries — Company recently abandoned business in Belarus, but its equipment was used in other nations to block online information| Suhauna Hussain / Los Angeles Times: |
Uber and Lyft are using in-app ads and push notifications to ask users in CA to vote on Proposition 22, which would let the companies avoid complying with AB5 — If you've called for a ride through Uber in California recently, you may have felt like you were being asked for more than just your money.| Michelle F Davis / Bloomberg: |
Analysis of 100+ PPP loan fraud cases shows that online lenders, including Kabbage and BlueVine, handled 75% of fraudulent loans but only 15% of all PPP loans — In April the Paycheck Protection Program was under fire for moving too slowly and leaving too many people out.| Tucker Higgins / CNBC: |
A look at the scrutiny Google and Oracle faced from Supreme Court justices during the companies' arguments Wednesday, where no clear winner emerged — - Things got technical at the Supreme Court as the justices heard arguments from Google and Oracle in a blockbuster copyright dispute that has captivated Silicon Valley for a decade.
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| Axios: |
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| Gilad Edelman / Wired: |
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