Techmeme
December 9, 2020, 3:25 PM

Top News

Federal Trade Commission:
FTC, in coalition with 46 state AGs, plus Guam and DC, sues Facebook, alleging Instagram and WhatsApp acquisitions were used to stifle competition  —  Agency challenges Facebook's multi-year course of unlawful conduct  —  The Federal Trade Commission today sued Facebook …
The Verge:
FTC's antitrust lawsuit against Facebook seeks to unwind Instagram and WhatsApp acquisitions, force Facebook to seek approval for future acquisitions, and more  —  New York Attorney General Letitia James announced the lawsuit on Wednesday  —  On Wednesday, New York Attorney General Letitia James announced …
NY State Attorney General:
New York AG Letitia James leads a coalition of 48 AGs in suing Facebook, alleging the company uses a “buy or bury” approach toward its competitors  —  AG James Leads Bipartisan Coalition of 48 Attorneys General Charging Anticompetitive Conduct  —  Facebook Thwarted Competition, Reduced Consumer Privacy for Profits
YouTube Official Blog:
YouTube says it will remove any content published from today that alleges widespread fraud or errors changed the 2020 US Presidential election outcome  —  Over the past weeks and months, we've seen people coming to YouTube to learn more about where and how to vote or learning more about a candidate or an issue.
Sara Fischer / Axios:
Apple says its own apps will include the privacy “nutrition labels” required of third-party developers, after WhatsApp criticizes the company  —  Facebook's global messaging service WhatsApp is protesting Apple's requirement that app owners submit information about the user data …
Ben Thompson / Stratechery:
Chance Miller / 9to5Mac:
Microsoft says its cloud gaming service, as part of Xbox Game Pass Ultimate, will come to iOS via web browser in spring of 2021  —  Microsoft has confirmed that Xbox cloud gaming is coming to iOS in 2021.  In a new blog post today, the company says that cloud gaming as part of Xbox Game Pass Ultimate …
Jessica Bursztynsky / CNBC:
DoorDash opens at $182, a 75%+ rise over its IPO price  —  - Shares of DoorDash, a leading food delivery app, started trading on the New York Stock Exchange on Wednesday.  — The stock began trading at $182 per share.  — The company trades under the symbol “DASH.”
Bloomberg:
DoorDash sells 33M shares at $102, raising $3.37B and valuing the company at $38B fully diluted  —  - Food delivery company reaches more than $65 billion valuation  — First-day pop makes company bigger than Lululemon, Ford Motor  —  Shares of unprofitable food delivery platform DoorDash Inc. surged …
Ina Fried / Axios:
Internal memo: Sundar Pichai apologizes over the handling of AI ethics researcher Timnit Gebru's departure and says he will investigate  —  Google CEO Sundar Pichai apologized Wednesday for the company's handling of the departure of AI ethics researcher Timnit Gebru and said he would investigate …
Ben Lovejoy / 9to5Mac:
Report: four former Apple employees say the company was aware of Chinese labor law violations by its suppliers but took no action to avoid product delays  —  Three former members of the Apple Supplier Responsibility team say Apple was complicit in labor law violations in China.
Kellen Browning / New York Times:
Twitch unveils new guidelines to crack down on hateful conduct and sexual harassment, following a yearlong review, which take effect in January  —  The livestreaming site announced new guidelines after contending with claims that its streamers were too easily abused.
Sifted:
Atomico report: European tech startups are on track to receive a record $41B in VC funding in 2020, driven by fintech and SaaS startups  —  Despite the upheavals and uncertainties, 2020 is on track to be a record year for the amount of capital invested into European tech.
Emil Protalinski / VentureBeat:
Google says it will compel Chrome extensions to display privacy practices and limit data that developers can collect from January 18, 2021, ahead of Chrome 88  —  At Chrome Dev Summit 2020 today, Google announced it will change how extensions access data and how extension permissions work in 2021.
Cat Zakrzewski / Washington Post:
Facebook removes at least nine Pages, including one with 16M+ followers, that spread coordinated health misinformation, after being flagged by a think tank  —  Facebook just took down prominent pages that were directing their millions of followers to false claims about the coronavirus, the flu vaccine, and other health issues.
Ian Allison / CoinDesk:
Latin American crypto exchange Bitso raises $62M Series B led by QED Investors and Kaszek Ventures, following a $15M Series A in October 2019  —  Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.
Dustin Volz / Wall Street Journal:
FireEye says some internal systems were hacked by nation state actors, compromising its Red Team tools, used to test the defenses of its thousands of customers  —  The cybersecurity company said the attack compromised its software tools used to test the defenses of its thousands of customers

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Angus Whitley / Bloomberg:
Max Weinbach / Android Police:
Associated Press: