Techmeme
November 3, 2020, 10:05 AM

Top News

New York Times:
Ant Group's IPO has been suspended in both Shanghai and Hong Kong, after regulators summoned Jack Ma and other executives of the firm  —  The Shanghai Stock Exchange postponed the offering one day after regulators summoned Jack Ma and other executives of the financial technology giant.
Bloomberg:
Sources: production has ramped up for new 13" and 16" MacBook Pros and a new 13" MacBook Air with Apple Silicon chips but without other major design changes  —  - Company readies MacBook Pros, MacBook Air with in-house chips  — Smaller Mac Pro and iMac with Apple chips also in development
Juli Clover / MacRumors:
Sarah Nassauer / Wall Street Journal:
Walmart ends plans to use Bossa Nova robots to scan shelves, sources say after concerns about shoppers' reactions and seeing similar results from human workers  —  Retailer ends contract with robotics company after seeing similar results from workers grabbing online orders during pandemic
Natalie Gagliordi / ZDNet:
PayPal reports Q3 revenue of $5.46B, up 25% YoY, as it adds 15.2M net new active accounts; Venmo's total processed payment volume rises 61% YoY to $44B  —  PayPal said it processed a record-setting $247 billion in total payment volume during the quarter.  —  PayPal on Monday delivered …
Sky News:
Sources: UK's NHS COVID app, downloaded 19M times, had the wrong risk threshold and sent warnings to a “shockingly low” number of users about potential exposure  —  The wrong threshold had reportedly been set for the app and was not recording those who were close enough to transmit the virus.
Jemima Kelly / Financial Times:
Monzo and Revolut, which have struggled during the pandemic, have faced a barrage of complaints in recent months from customers who've had their accounts frozen  —  There comes a time in your life that you realise that some of the friends you used to consider good friends aren't actually your true friends.
Sarah Perez / TechCrunch:
Spotify says it is testing a new service that lets artists and labels promote their tracks in users' recommendations while receiving a lower royalty rate  —  Spotify announced today it will begin to test a new service that gives artists more of a say in how their music is discovered on the Spotify platform.
Wall Street Journal:
Sources: Quibi mulled options like a freemium model and had 450K subs paying $4.99/mo. when it closed, far less than the 7.4M it targeted for its first year  —  The instincts of Jeffrey Katzenberg and Meg Whitman, who headed the start-up, proved wrong  —  When Jeffrey Katzenberg and Meg Whitman …
New York Times:
How Facebook, YouTube, and Twitter plan to handle Election Day and the subsequent days, clamping down on falsehoods and highlighting accurate information  —  The sites are key conduits for communication and information.  Here's how they plan to handle the challenges facing them before, on and after Tuesday.
Washington Post:

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CNBC:

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Jon Porter / The Verge: