Techmeme
October 21, 2020, 12:00 PM

Top News

Anna Irrera / Reuters:
PayPal will let users buy and sell cryptocurrency using its online wallets in the coming weeks and shop at merchants on its network starting in early 2021  —  LONDON (Reuters) - PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy …
Mark Gurman / Bloomberg:
Karl Bode / Techdirt:
Wall Street Journal:
Kent Walker / The Keyword:
The Information:
Sources: Jeffrey Katzenberg tried to sell Quibi's catalog to NBCUniversal and Facebook, but both passed; Katzenberg told others he may shut down the company  —  Jeffrey Katzenberg may be nearing the end of the road with his mobile video streaming service Quibi.
Dieter Bohn / The Verge:
iPad Air (2020) review: has an excellent screen, very fast processor, and is compatible with iPad Pro accessories, but it's expensive and has no 128GB option  —  Despite the higher cost, this iPad is the one to get  —  If you're looking to get an iPad right now and can afford it …
Janko Roettgers / Protocol:
Netflix plans to test a 48-hour free weekend in India, dubbed StreamFest and scheduled for Dec. 4, and may bring the promotion to other countries later  —  Netflix is looking to promote its service with a 48-hour free streaming event, confirmed COO Greg Peters during the company's Q3 2020 earnings call Tuesday afternoon.
Lauren Feiner / CNBC:
Ina Fried / Axios:
Over 430,000 viewers tuned in simultaneously to watch Rep. Alexia Ocasio-Cortez play Among Us on Twitch, the third highest ever for an individual Twitch stream  —  More than 430,000 people tuned in simultaneously to Twitch on Tuesday night to watch Rep. Alexia Ocasio-Cortez (D-NY) …
Jack Nicas / New York Times:
Report: at least 2,000 US law enforcement agencies, including 49 of the 50 largest police departments, have the tools to access locked, encrypted phones  —  At least 2,000 law enforcement agencies have tools to get into encrypted smartphones, according to new research, and they are using them far more than previously known.
Kurt Wagner / Bloomberg:
Facebook confirms it is testing a feature for users to connect with their neighbors, as rival Nextdoor considers options for going public  —  - Product for local connections is being tested in Canada now  — Nextdoor is considering options, including a public offering
Bloomberg:
Sources: Chinese tech companies including Huawei have expressed strong concerns to local regulators about Nvidia's proposed acquisition of Arm  —  - China is unlikely to grant its unconditional blessing  — Arm may become another flashpoint in the U.S.-China tech war
Jake Tapper / CNN:
Sources: WH is seeking to fast-track a no-bid contract to lease DOD mid-band 5G spectrum to Rivada Networks, which has Peter Thiel and Karl Rove as investors  —  Washington (CNN)Senior officials throughout various departments and agencies of the Trump administration tell CNN they are alarmed …
Salvador Rodriguez / CNBC:
Snap reports Q3 revenue of $679M, up 52% YoY, vs $555.9M est., DAUs were up ~18% YoY to 249M, average number of daily Snaps up 25% YoY; stock up 25%+  —  - Snap's stock price soared more than 15% after hours on Tuesday as the company posted an unexpected, adjusted profit along with positive user …
Lauren Feiner / CNBC:
Filings for Q3 lobbying: Facebook spent $4.9M, up 1.5% from Q2, Amazon spent $4.4M, up 0.7%, Google spent $1.9M, up 14.2%, Amazon spent $1.9M, up 35.4%  —  - Google ramped up lobbying spend in the third quarter as regulators and lawmakers prepared to make public their findings of antitrust violations.

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Featured Podcasts

The Upstarts Podcast:
The $7B Startup Mapping Your Health In Just One Hour | Neko's Hjalmar Nilsonne
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Cheeky Pint:
The company building underwater drones for $50,000
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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BG2 Pod:
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Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
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Big Technology Podcast:
AI Leaders Can't Get Along. So How Will They Keep Us Safe? — With Kevin Roose
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Channels with Peter Kafka:
How to Run a Political Campaign in the TikTok Era (And How Not To)
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Sources:
Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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More News

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Earlier Picks

Jay Peters / The Verge:
Tom Warren / The Verge:
James Vincent / The Verge: