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Techmeme
November 4, 2020, 6:45 PM
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Top News

Russell Brandom / The Verge:
Twitter and Facebook labeled a message from Trump alleging election theft; Twitter restricted sharing of the tweet, but Facebook didn't reduce the post's spread  —  Facebook warns tonight's results might not be final, Twitter limits spread  —  After a night in which President Donald Trump …
Sarah Perez / TechCrunch:
Facebook and Instagram add pop-ups with timestamps atop News Feeds telling users that no winner has been projected, after Trump prematurely claimed victory  —  Facebook and Instagram are running notifications in their respective apps informing U.S. users that the winner of the 2020 U.S. presidential election …
Wall Street Journal:
Facebook clarifies its rules and says it will allow premature victory declarations in individual states but not for the presidential election  —  Facebook Inc. has clarified its rules and said it won't flag President Trump or any other individual who declares victory for a candidate in battleground states before votes are counted.
Ellen Huet / Bloomberg:
California sides with Uber, Lyft, DoorDash, and others on Prop 22, exempting the companies from having to reclassify workers as employees  —  Gig economy giants including Uber Technologies Inc., Lyft Inc. and DoorDash Inc. have won their effort to pass a hotly contested ballot measure …
The Information:
Two senior executives at Lyft, in charge of strategic initiatives and design, respectively, are leaving the firm on the eve of California's vote on Prop 22
Tim Copeland / Decrypt:
Ethereum Foundation says Ethereum 2.0 is set to launch on December 1 if enough validators are present on the network  —  The first version of Ethereum 2.0 is set to launch on December 1, according to an Ethereum Foundation blog post today, as long as certain criteria are met.
Richard Lawler / Engadget:
Massachusetts voters pass a right-to-repair expansion governing vehicle data, preventing manufacturers from locking out third parties  —  One election night issue that has appears to have an answer already is the passage of Question 1 in Massachusetts, which asked voters …
Jennifer Elias / CNBC:
YouTube says it won't remove an OAN video called “Trump won”, which claims Democrats are tossing GOP ballots, but says the video undermines election confidence  —  - Google-owned YouTube refused to take down a video that falsely claims Trump won the Presidential election and democrats committed voter fraud.
Ashley Gold / Axios:
FCC says T-Mobile will pay a $200M fine to settle claims Sprint was illegitimately drawing excess subsidies from the Lifeline phone program for low-income users  —  T-Mobile will pay a $200 million civil penalty to the U.S. Treasury to resolve an investigation into whether Sprint …
Alex Wilhelm / TechCrunch:
Apple, Microsoft, Facebook, Amazon, and other tech stocks rally with Nasdaq up 3.85% as vote counting continues across swing states  —  Update: The Nasdaq Composite is now up 4.45% and SaaS and cloud stocks up a simply massive 6.7%.  Whatever was driving the rally this morning appears to be still at it in the early afternoon.
New York Times:
Ant Group says its IPO has been suspended in both Shanghai and Hong Kong, after Chinese regulators summoned Jack Ma and other executives of the company  —  The Shanghai Stock Exchange postponed the offering one day after regulators summoned Jack Ma and other executives of the financial technology giant.
Bloomberg:
Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide

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This is a Techmeme archive page. It shows how the site appeared at 6:45 PM ET, November 4, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Natalie Korach / Status:
Eight antitrust experts assess what Paramount's pause on WBD acquisition means, which side it benefits most, and where the merger is headed over the next year

Dominic-Madori Davis / TechCrunch:
London-based European Technology Network, a TBPN-like news show livestreaming 5x per week on YouTube and X, raised a $1.6M seed from Axel Springer and others

Katie Deighton / Wall Street Journal:
eMarketer: ~45% of US influencer marketing spend will go to those with <20K followers in 2026, up from 19.5% in 2021; 19.9% will go to those with <5K followers

More News

Firat Kozok / Bloomberg:
Source: Facebook, YouTube, Twitter, and TikTok were each fined $1.2M by Turkey for failing to appoint a local representative as required by a new law

Earlier Picks

Wall Street Journal:
Sources: Comcast and Walmart to develop and distribute smart TVs together; TVs will run Comcast software and Walmart will promote them with a revenue split
Washington Post:
DHS and the FBI are investigating a robocall and text campaign warning US voters to “stay safe and stay home”
Ashley Carman / The Verge:
Snap now lets creators display their subscriber counts, the first time Snapchat has given users any public-facing metric of their audience or followers
BuzzFeed News:
Internal Facebook survey shows only 51% believe Facebook was having a positive impact in the world, down 23% from May and down 5.5% from last year
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