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August 31, 2021, 3:50 PM
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| Jiyoung Sohn / Wall Street Journal: |
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores — Seoul requires the companies to allow competing payment systems, threatening their 30% cut of most in-app digital sales — SEOUL—Google and Apple Inc …
More:
The Verge, CNBC, Ars Technica, CNET, Yonhap News Agency, TechCrunch, Agence France-Presse, SiliconANGLE, XDA Developers, 9to5Google, PCMag, MacRumors, phonearena.com, iMore, Gizmodo, The Mac Observer, 9to5Mac, MacRumors, Protocol, CNN, Daring Fireball, TidBITS, The Hill, Reuters, AppleInsider, City A.M., PC Gamer, Android Central, Digital Trends, WRAL TechWire, TNW, iDownloadBlog.com, Engadget, Barron's Online, IT PRO, iMore, Liliputing, Telecoms.com, iPhone in Canada Blog, iPhone Hacks, MSPoweruser, NFCW, KnowTechie, GamesIndustry.biz, iThinkDifferent, iMore, Tech Xplore, Axios, Forbes, Ubergizmo, iClarified, and Android Central
| Tom Warren / The Verge: |
Microsoft says Windows 11 will not support Android apps at launch on October 5; support for Android apps will likely arrive in 2022 — Microsoft will start testing Android apps on Windows 11 in the coming months — Microsoft won't ship support for Android apps on Windows 11 in time for the operating system's launch on October 5th.
Source:
Windows Blog. More:
The Verge, HotHardware.com News, CNBC, The Register, PCWorld, Silicon Republic, Android Police, PCMag, ExtremeTech, Game Rant, iDownloadBlog.com, BleepingComputer, Tom's Hardware, Channel Futures, Rock, Paper, Shotgun, Pocketnow, Windows Central, Android Headlines, XDA Developers, Petri, iPhone in Canada Blog, Gizmodo, Digital Trends, Phandroid, MSPoweruser, WinBuzzer, 9to5Google, ZDNet, AppleInsider, TNW, TechCrunch, Ars Technica, Engadget, CNET, Thurrott, TechPP, Wccftech, OnMSFT.com, GeekWire, phonearena.com, and Notebookcheck.net
Tweets: @windows, @tomwarren, and @panos_panay
| New York Times: |
Investigation shows Accenture is Facebook's biggest content moderation partner, employing over a third of its moderators, with annual contracts exceeding $500M — The social network has constructed a vast infrastructure to keep toxic material off its platform. At the center of it is Accenture, the blue-chip consulting firm.
Tweets: @satariano, @gregotto, @justinhendrix, @rmac18, @mattzeitlin, @hshaban, @sheeraf, @satariano, @mattrosoff, @satariano, @puiwingtam, and @kateconger
| Sara Fischer / Axios: |
Source: Facebook plans to downrank current events content and political posts in the News Feed, after users approved of tests that limited such content — Facebook plans to announce that it will de-emphasize political posts and current events content in the News Feed based on negative user feedback, Axios has learned.
More:
The Independent, The Hill, The Verge, Engadget, Nieman Lab, TechCrunch, 9to5Mac, Insider, and 9to5Mac
Tweets: @elanazak, @joshsternberg, @calebjhull, @brandonetc, @sarafischer, and @tonyromm
| Scott Chipolina / Decrypt: |
El Salvador's plan to make Bitcoin legal tender has been unpopular, with protests over concerns of money laundering, forcing trade in BTC, unconstitutionality — El Salvador will soon accept Bitcoin as legal tender, but not everybody shares the President's enthusiasm as citizens took to the streets this week.
More:
The Guardian, The Block, CoinDesk, cryptodaily.co.uk, and Cointelegraph
Tweets: @coindesk, @decryptmedia, and @alfonslopeztena
| Garett Sloane / Ad Age: |
LinkedIn is abandoning its Stories format at the end of September and has told advertisers to adjust their ad campaigns accordingly — Brands will have to adjust ad campaigns when video format leaves the platform after September — LinkedIn is telling advertisers to prepare for the end …
More:
LinkedIn, TechCrunch, and The Verge
Tweets: @ambercadabra, @producthunt, @kageman, @film_girl, @_jacksmith, @campuscodi, @wolfgangbremer, @ianuradhas, @martinsfp, @cailen, @bdsams, @jcasabona, @therecruiterguy, @lloydmiller, @alexrkonrad, @joshuaogundu, @caleweissman, @katie_roof, @ninanjira, @creativenewman, @chrismessina, and @mgsiegler
| Sara Fischer / Axios: |
Sources: Amazon is developing a live audio feature, led by its Music division, with a focus on live music and potentially radio and podcasts — Amazon is investing heavily in a new live audio feature that's similar to other live audio offerings like Clubhouse, Twitter Spaces and Spotify's new live audio platform, sources tell Axios.| Mark Gurman / Bloomberg: |
Source: Apple's planned satellite capabilities for the iPhone are focused on emergencies, enabling texts and crisis reports in areas without cellular coverage — - Apple plans an emergency-reporting tool for future iPhones — Apple Inc.'s push to bring satellite capabilities to the iPhone …
More:
9to5Mac, CNET, SiliconANGLE, The Verge, Appleosophy, CNBC, MobileSyrup, Engadget, XDA Developers, AppleTrack, Redmond Pie, iPhone Hacks, Silicon Republic, Mashable, Telecoms.com, Firstpost Tech, MacDailyNews, Coinspeaker, KnowTechie, BGR, iThinkDifferent, The Loop, Pocketnow, Tom's Guide, Digital Trends, The Register, Ubergizmo, Benzinga, Livemint, and phonearena.com
Tweets: @saschasegan, @markgurman, @erratarob, @benbajarin, @rjonesy, @tmfassociates, @markgurman, @trengriffin, @ronamadeo, @erratarob, @erratarob, @davegershgorn, @erratarob, @erratarob, @erratarob, @erratarob, @erratarob, @erratarob, @erratarob, @jcenters, @erratarob, @erratarob, @erratarob, @jcenters, @jcenters, @jcenters, and @jcenters
| Dave Nyczepir / FedScoop: |
White House announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to federal agencies — The White House launched a two-year fellowship Monday designed to place early-career software engineers, data scientists and other technologists at federal agencies.
Source:
United States Digital Corps. More:
GSA, Fast Company, and MeriTalk
Tweets: @usdigitalcorps, @arianaosoto, @emilytav, @harrisonjmacrae, @pifgov, @dpatil, @abhinemani, @emilytav, @ombpress, @konklone, @usgsa, @codingitforward, @martijnrasser, and @digiphile
| Daisuke Wakabayashi / New York Times: |
Sundar Pichai informs Google employees that plans to return to offices are being pushed back again, from October to January 10 — Google is pushing back its return-to-office date by three months, to Jan. 10, in a decision that reflects the spread of the highly contagious Delta variant of the coronavirus.| Micah Singleton / Billboard: |
Apple acquires classical music streaming service Primephonic, giving users six free months of Apple Music, and will launch its own classical music app in 2022 — Apple has acquired Primephonic, the classical music streaming service, for an undisclosed amount, the company tells Billboard.
Source:
Apple. More:
XDA Developers, Silicon Canals, RAIN News, Coinspeaker, MUO, and Silicon Republic
Tweets: @markgurman, @rbeilfuss, @billboard, @mattcohler, @benedictevans, @lauritzen_brian, @benedictevans, @mihirssharma, @lauritzen_brian, @lauritzen_brian, @fafnerthekite, @garrettmcqueen, @adrs, @edwardlucas, @ihnatko, @cheriehu42, @jherskowitz, @stshank, @brianroemmele, @stshank, @martinsfp, @viticci, @benedictevans, and @micahsingleton. Thanks:@ericleamen
| Carol Zhai / Bloomberg: |
A look at indie developers building tools for Shopify's 1.7M merchants, as developers made $230M+ from app sales in 2020 — - Finkelstein has called hiring challenge a growth ‘limiter’ — Pair of Bangalore developers say marketing help yielded profit
Tweets: @wicary
| Riley de León / CNBC: |
Data analytics company Databricks raises $1.6B Series H led by Morgan Stanley's Counterpoint Global fund at a $38B valuation, up $10B from February — - Databricks has raised a $1.6 billion Series H funding round that boosts its valuation to $38 billion. — Its latest funding round …
More:
TechCrunch, ZDNet, Protocol, PR Newswire, Forbes, Insider, and Crunchbase News
| Ingrid Lunden / TechCrunch: |
Eight Sleep, which makes smart mattresses that cost $3K+ and use ML to regulate temperature for better sleep, raises $86M Series C led by Valor Equity Partners — The venture world is — quite literally — waking up to the potential of applying artificial intelligence to a wider variety of real-world … | Kartikay Mehrotra / Bloomberg: |
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain — - Ethereum blockchain was divided by mistake in client software — Network patch swiftly stabilized the blockchain system| Wall Street Journal: |
Wall Street institutions are increasingly tracking amateurs on Reddit, Twitter, and Discord to find trading opportunities, following GameStop's meteoric rise — Deep-pocketed banks and hedge funds now take their cues from armies of Main Street traders — Wall Street professionals tell everyday investors what stocks to buy.| MIT Technology Review: |
Sources and experts say US-funded Afghan government databases containing sensitive personal data could be used by the Taliban to identify millions of Afghans — As the Taliban swept through Afghanistan in mid-August, declaring the end of two decades of war, reports quickly circulated …
More:
NBC News. Tweets: @hypervisible, @aprilaser, @alexandrageese, @hypervisible, @johnrobb, @barristerblog, @privacymatters, @techreview, @eileenguo, @techreview, and @techreview
| Joanna Stern / Wall Street Journal: |
Getting a water-damaged MacBook Pro fixed shows how independent repair shops can make repairs more affordable to consumers if Apple allows them access to parts — New legislation aims to provide more options for fixing our broken gadgets. A journey to fix two MacBooks illustrates …
More:
YouTube, Financial Times, The Mac Observer, and Ubergizmo
Tweets: @joannastern, @nicnguyen, @dlberes, @nproctor, and @wsj
| Alex Weprin / The Hollywood Reporter: |
United Talent Agency signs NFT art projects CryptoPunks, Meebits, and Autoglyphs, all created by Larva Labs, for representation across film, TV, games, and more — The agency will represent the crypto-art projects from Larva Labs for film, TV, video games, and publishing projects …
More:
CoinDesk
| Kurt Schlosser / GeekWire: |
Snap Raise, a Seattle-based startup that helps high school teams and clubs with digital fundraising, raises $90M, bringing its total raised to date to $114.8M — Talk about reaching your fundraising goal. — Snap Raise, the Seattle-based startup that helps high school teams and clubs …
More:
Seattle Business Journal and Yahoo Finance
| Zoe Schiffer / The Verge: |
Apple bars staff from making a Slack channel about pay equity; Apple says it's because it's not work related, despite other channels on pets and jokes — The company's rules around Slack usage are not being evenly enforced — Apple has barred employees from creating a Slack channel to discuss pay equity.
Tweets: @zoeschiffer, @carnage4life, @braydenk, @josheidelson, @rebekahlsanders, @da_banks, @seyiakiwowo, @johnbattelle, and @pinboard
| Lucas Matney / TechCrunch: |
Offchain Labs, which is aiming to make Ethereum transactions faster and cheaper using its Arbitrum tools, raises $120M Series B at a $1.2B valuation — As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping …
More:
The Block, SiliconANGLE, and PR Newswire
| Bloomberg: |
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October — - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing — Startup to seek valuation of more than $8 billion in the IPO
More:
The Economic Times, KrASIA, CNBC, and Reuters
| Reuters: |
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal — Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses …
More:
Bloomberg, PYMNTS.com, Financial Times, CNBC, Silicon Republic, The Moscow Times, and Reuters
| Zheping Huang / Bloomberg: |
State media says China is restricting online gaming for minors to three hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays — - The country is imposing its strictest limits yet on play time — Beijing is waging a campaign to groom productive youths| Ryan Vlastelica / Bloomberg: |
As ad revenue surges, Alphabet shares are up 65% over 2021, and up more than 7% in August to reach a record high of $2,891.81, the longest rally since 2009 — - Shares are poised for their eighth straight month of gains — Yearly rise nearly twice as much as Facebook, Microsoft| Ingrid Lunden / TechCrunch: |
Manchester-based Peak AI, which helps non-tech companies build AI apps, raises $75M Series C led by SoftBank Vision Fund 2, bringing total funding to $118M — As artificial intelligence continues to weave its way into more enterprise applications, a startup that has built a platform to help businesses …
More:
VentureBeat and SiliconANGLE
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