Techmeme
July 26, 2021, 8:55 AM

Top News

Bloomberg:
China issues regulations for food delivery platforms, mandating minimum wage, respect for worker rights, and more, leading to Meituan shares dropping by 14%+  —  - It extended losses after Beijing issued food platform curbs  — Meituan is grappling with a broader antitrust investigation
Bloomberg:
Noah Smith / Noahpinion:
Max Fisher / New York Times:
Analysts and US officials say the disinformation-for-hire industry is booming, as influencers get approached by back-alley firms to spread falsehoods  —  Back-alley firms meddle in elections and promote falsehoods on behalf of clients who can claim deniability, escalating our era of unreality.
New York Times:
FTX and Binance will curb highly leveraged cryptocurrency trading, a practice that can vastly multiply losses; FTX offered 101x leverage, now down to 20x  —  The moves would reduce the size of the bets that investors can make by drastically cutting the maximum leverage offered.
Abner Li / 9to5Google:
Ex-Google employee recounts how Google abandoned a redesign attempt of Chrome on Android, which was similar to iOS 15's Safari, with the URL bar at the bottom  —  Apple's mobile web browser is the main lightning rod of this year's iOS 15 beta period and it remains to be seen whether it will actually launch in the fall.
Source: Chris LeeMore: XDA Developers and phonearena.com
Tweets: @viticci, @ismh, @ismh, and @snazzyq
Elizabeth Dias / New York Times:
As part of its expanded outreach to US churches, Facebook is offering subscription tools for exclusive content and donation tools during live streams  —  The company is intensifying formal partnerships with faith groups across the United States and shaping the future of religious experience.
Bloomberg:
Sources: Indonesia's GoTo, created by the Gojek and PT Tokopedia merger, is in talks to raise $1B-$2B at a $25B-$30B valuation, as it plans an IPO  —  - Merged entity of Gojek and Tokopedia is seeking dual listing  — Funding round could value the firm as high as $30 billion
Priya Anand / Bloomberg:
Parking apps in the US have seen a new wave of customers amid a surge in car ownership spurred by people avoiding mass transit and ride sharing due to COVID-19  —  During the depths of the U.S. coronavirus pandemic, cars sat idly in driveways, city streets were deserted, onetime commuters worked from bed …
Tweets: @bw

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More News

Yinka Adegoke / Rest of World:
Sami Fathi / MacRumors:

Earlier Picks

Stephanie Kirchgaessner / The Guardian: