Techmeme
July 26, 2021, 10:15 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.
Bloomberg:
Sources: DOJ is probing whether Tether execs committed bank fraud in its early stages; Tethers in circulation are worth ~$62B, underpin >50% of bitcoin trades  —  - Tether says it's committed to cooperating with law enforcement  —  A U.S. probe into Tether is homing in on whether executives behind …
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.
Theo Wayt / New York Post:
Now-deleted job listings suggest Citizen is paying people in NYC and LA up to $250 for a ten-hour shift live streaming crime scenes and other emergencies  —  Want to make $200 a day in New York City?  Rush to the scene of a murder, a three-alarm fire or a traffic accident — then pull out your phone and start shooting.
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.
Elizabeth Culliford / Reuters:
Facebook, Twitter, Microsoft, YouTube, and others will now add content from white supremacist and far-right militias to a key counterterrorism database  —  A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) …

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This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, July 26, 2021.

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Yinka Adegoke / Rest of World:
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