| Bloomberg: |
Sources: Apple is preparing new Apple Silicon-powered MacBook Pros, iMacs, and Mac Pros for as early as spring 2021; full Mac transition will finish in 2022 — - Company tests faster performing processors than Intel's best — Major graphics boost in the works for upcoming desktop Macs| Dan Seifert / The Verge: |
Google starts rolling out Apple Music support to Assistant smart speakers and displays, including its Nest products, in the US, UK, France, Germany, and Japan — Stream Apple Music on a Nest Audio — Google has announced that Apple Music is now available on smart speakers and displays … | Joyce Lee / Reuters: |
LG says it has reorganized its mobile phone division, which has reported a loss for 22 consecutive quarters, to outsource low- and mid-range smartphones — SEOUL (Reuters) - LG Electronics said on Monday it had reorganised its mobile phone division to increase outsourcing of its low to mid-end smartphones … | Timothy B. Lee / Ars Technica: |
A look at Waymo's driverless taxi service, in Phoenix suburb Chandler, which seems to work well but still only offers ~100 rides/week and limits cars to 45 mph — Human drivers are pretty safe, making it hard to prove driverless tech is safer. — Waymo has long kept details … | Wall Street Journal: |
By July, Chinese banks and trust companies had ~$230B in outstanding loans to users who borrowed via Alipay, a factor in new regulatory scrutiny of Ant Group — Partnering with the fintech giant has higher risks for smaller lenders, which are already on shaky ground| Ron Miller / TechCrunch: |
Tecton.ai raises $35M Series B co-led by a16z and Sequoia Capital as it releases its ML feature store, just a week after AWS debuted its Sagemaker Feature store — Tecton.ai, the startup founded by three former Uber engineers who wanted to bring the machine learning feature store idea to the masses … | Maureen Farrell / Wall Street Journal: |
Sources: Airbnb plans to boost the proposed price range of its IPO to between $56 and $60 a share, which equates to a valuation of $39B to $42B, fully diluted — New price range for home-rental company's public debut equates to $39 billion to $42 billion, fully diluted| Emily Birnbaum / Protocol: |
Profile of Phil Weiser, a law professor, antitrust expert, and Colorado's AG who is co-leading the bipartisan coalition of state AGs investigating Google — Washington's efforts to rein in Big Tech regularly devolve into circus sideshows, with ill-informed members of Congress more interested … | Nilesh Christopher / Rest of World: |
Facing a nationalist backlash in India, Xiaomi has rebranded itself as a local manufacturer, unlike other Chinese brands that retreated from the limelight — Facing a nationalist backlash in India, Xiaomi has rebranded itself as a local manufacturer. — • BANGALORE, INDIA| Financial Times: |
Inside Disney's costly online push while its lucrative legacy businesses decline, as sources say the success of Disney+ diminished Disney's interest in Hulu — Media empire must sustain its costly online push while its lucrative legacy businesses decline — The Walt Disney Company … | Annie Palmer / CNBC: |
Filing: e-commerce marketplace Wish aims to raise $1.1B in its IPO at a $14.1B valuation, pricing shares at $22-$24; Wish was last valued at $11.2B in Aug. 2019 — - E-commerce marketplace Wish is aiming to raise roughly $1.1 billion in its upcoming initial public offering, giving it a valuation of up to $14.07 billion.| Ingrid Lunden / TechCrunch: |
NortonLifeLock says it has acquired Germany-based antivirus vendor Avira for $360M in cash, eight months after Avira was acquired for $180M by a PE firm — Only eight months after getting acquired for $180 million, Avira is changing hands again, for double the value: NortonLifeLock today announced …
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| Kanishka Singh / Reuters: |