Techmeme
December 3, 2020, 7:05 AM

Top News

Nikhilesh De / CoinDesk:
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more  —  A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.
Casey Newton / Platformer:
Slack's struggles to succeed as a standalone company mirror the fortunes of other one-time innovators in enterprise productivity who struggled with distribution  —  And why the era of worker-centered work tools may be over  —  Slack's life as an underdog darling of Silicon Valley ended on November 2, 2016.
Manish Singh / TechCrunch:
PhonePe is partially spinning off, reducing Flipkart's stake from 100% to 87%, and raises $700M led by Walmart at a post-money valuation of $5.5B  —  PhonePe, the crown jewel in Flipkart's acquisition by Walmart, is “partially” spinning off, the financial services firm said on Thursday.
Reuters:
Source: a group of more than 40 US states, led by New York, plans to file an antitrust suit against Facebook next week  —  WASHINGTON (Reuters) - A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit …
More: SlashGear
Chris Welch / The Verge:
Amazon adds webcam support to the 2nd-gen Fire TV Cube, enabling video calls with Alexa-enabled devices, rolling out in the coming weeks in US, UK, elsewhere  —  Call any Alexa-enabled device with a screen, including smartphones, Fire tablets, and the Echo Show
Zoe Schiffer / The Verge:
NLRB says in a complaint that Google violated US labor laws by spying on workers who organized staff protests before firing two of them in late 2019  —  Company policies violated labor law, according to the complaint  —  Google violated US labor laws by spying on workers …
Nick Statt / The Verge:
Alphabet transitions its navigation system for its fleet of Loon high-altitude balloons to one controlled by AI, a first for commercial aerospace systems  —  The company's new AI flight control system outperforms its human-made one  —  Alphabet's Loon, the team responsible for beaming internet …
Wall Street Journal:
Caitlin Dewey / OneZero :
How Americans are using Cash App and Venmo to practice direct giving to one another in a new way, as an alternative to giving through charitable institutions  —  In 2020, Venmoing total strangers in need became a radical act of support — and trust  —  aised in a six-bedroom mansion …
Michael del Castillo / Forbes:
Visa says it's connecting its global network of 60M merchants to the US Dollar Coin, a stablecoin created by Circle Internet Financial on ethereum's blockchain  —  Credit card giant Visa today announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin …
Anthony Ha / TechCrunch:
Google says News Showcase will soon add free access to select paywalled articles, and it has doubled publisher partners to ~400 since its launch in October  —  Google News Showcase visitors will soon be able to read select paywalled articles at no extra charge.
Lily Hay Newman / Wired:
A look at MANRS, a group of ~600 participants including Google, which aims to add safeguards to the Border Gateway Protocol, improving internet routing security  —  Efforts to secure the Border Gateway Protocol have picked up critical momentum, including a big assist from Google.
Byron Tau / Wall Street Journal:
DHS' IG says it's probing the department's practice of tracking people without a warrant by buying brokered cellphone data, after Democratic senators' request  —  Inspector general to investigate legality of tracking Americans without a warrant  —  WASHINGTON—The Department …
Mary Jo Foley / ZDNet:
Microsoft buys Smash.gg, a company that organizes esports tournaments, founded in 2015 by a team of amateur players and esports fans  —  Microsoft has purchased eSports platform vendor Smash.gg and is planning on integrating it with its MSN eSports franchise.
Suzanne Vranica / Wall Street Journal:
GroupM expects marketers to spend $110.1B on digital ads in the US this year, accounting for more than half of the year's total ad spend for the first time  —  Digital ads to account for more than half of year's U.S. advertising expenditures for first time  —  For the first time …
Sean Hollister / The Verge:
Researcher details a zero-click iOS device exploit using Apple's AWDL protocol, now patched, which could have granted access to device hardware and data  —  A Google Project Zero researcher found a stunning vulnerability  —  Ever watch that movie, or play that video game …

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Oura:
7 Tips for a Good Night's Sleep  —  Want to improve your sleep and build healthy habits that can last a lifetime?  Put these 7 tips to the test.
Zoho:
How to get the best color combinations to boost interactivity in email marketing  —  w Introduction In our last blog, we learned that colors don't merely exist in emails—they also convey messages.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Modern Finance Podcast:
The Origins and Future of Aave, The Decentralized Finance Protocol to Lend and Borrow Crypto
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Wed. 07/28 - Earnings Bonanza
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:05 AM ET, December 3, 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.

More News

Chris Velazco / Engadget:

Earlier Picks

Ingrid Lunden / TechCrunch:
Ashley Carman / The Verge:
Mike Wuerthele / AppleInsider:
Michelle Gao / CNBC:
Sarah Perez / TechCrunch:
Tony Romm / Washington Post: