Techmeme
January 5, 2021, 3:35 PM

Top News

Corin Faife / The Markup:
After Facebook turned on political advertising for the Georgia election, partisan content elbowed out traditional news sites in users' news feeds  —  Ahead of crucial senate runoffs, Facebook reversed its political ad ban, and the impact was visible on users' feeds
Saniya More / The Block:
Square says US FinCEN's proposed cryptocurrency regulation will inhibit widespread adoption of cryptocurrencies and hinder current law enforcement efforts  —  Square is the latest company to go public with its opposition to proposed rulemaking from the U.S. Financial Crimes Enforcement Network (FinCEN).
Aislinn Keely / The Block:
OCC says banks and savings associations can now run crypto nodes and use associated stablecoins for “permissible payment activities”  —  National banks and federal savings associations can use public blockchains and stablecoins for settlement, The Office of the Comptroller of the Currency …
Sarah Perez / TechCrunch:
Source: Tile is aiming to launch a new tracker this year that includes ultra wideband technology and will add the ability to find items in AR in its app  —  Tile is preparing to introduce a new product this year that will serve as a rival to Apple's long-awaited AirTags and other lost-item trackers coming …
Matt Day / Bloomberg:
Amazon says it is buying 11 used Boeing 767-300 planes from Delta and WestJet, the first time the company has purchased aircraft for its air cargo operation  —  - Retailer will buy 11 767-300 planes from Delta, WestJet  — Amazon expects fleet to have more than 85 jets by end of 2022
Rebecca Falconer / Axios:
NYSE says it no longer plans to delist China Mobile, China Telecom, and China Unicom, but will continue to evaluate applicability of an US EO to the companies  —  The New York Stock Exchange announced late Monday it no longer plans to delist three Chinese companies.
Stephanie Chan / Sensor Tower Blog:
Global consumer spending in mobile apps reached a record $111B in 2020, up 30.2% YoY, of which $72.3B was spent on the App Store and $38.6B on the Play Store  —  2020 was a record-setting year for both mobile games and non-game apps, and consumer spending on Apple's App Store and Google Play soared …
Kif Leswing / CNBC:
Qualcomm announces CEO Steve Mollenkopf is retiring and current president, Cristiano Amon, will take over on June 30  —  - Qualcomm CEO Steve Mollenkopf is retiring this year, the company just announced.  — The company has recently emerged from a thicket of challenges including business model scrutiny …

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