Techmeme
October 8, 2020, 12:50 PM

Top News

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.
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
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 developers choose a payment system for IAPs, that it says should be a model for others  —  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 …
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 with 70,000+ 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.
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.
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:

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Earlier Picks

Rachel E. Greenspan / INSIDER:
Axios:
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Jay Peters / The Verge:
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Tom Warren / The Verge:
Izabella Kaminska / Financial Times: