Techmeme
August 31, 2021, 2:55 AM

Top News

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 …
Hartley Charlton / MacRumors:
Micah Singleton / Billboard:
Apple acquires classical music streaming service Primephonic, giving its users six free months of Apple Music, and will debut its own classical music app in '22  —  Apple has acquired Primephonic, the classical music streaming service, for an undisclosed amount, the company tells Billboard.
Zheping Huang / Bloomberg:
State media says China is restricting online gaming time of minors to 3 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
Dave Nyczepir / FedScoop:
WH announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to work at 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.
Zoe Schiffer / The Verge:
Some Apple employees say their privacy is not well protected by Apple, as they decry norms and rules that encourage personal iCloud accounts be used at work  —  Jacob Preston was sitting down with his manager during his first week at Apple when he was told, with little fanfare …
Sarah Perez / TechCrunch:
In an email to some Square Invoices users, Square says it's working on Invoices Plus, a paid version with some features from the free version, plus new ones  —  Square's popular free invoicing software is becoming the company's next big subscription service.
Danny Nelson / CoinDesk:
The Central Bank of Nigeria says it will work with blockchain and payments startup Bitt Inc. to launch Nigeria's eNaira digital currency later this year  —  The Central Bank of Nigeria (CBN) said Monday it will work with Bitt Inc., a blockchain and payments startup, to launch …
Manish Singh / TechCrunch:
Sensor Tower: Telegram crossed 1B global downloads, with ~214.7M installs in H1 2021, up 61% YoY, and 22% of total global downloads coming from India  —  Popular instant messaging app Telegram has joined the elite club of apps that have been downloaded over 1 billion times globally, according to Sensor Tower.
More: 9to5MacTweets: @kingtutspacs
Toby Sterling / Reuters:
Tech investor Prosus NV says it has agreed to buy Indian payments service BillDesk for $4.7B to complement its own PayU business  —  Technology investor Prosus NV said on Tuesday it had agreed to buy Indian payments platform BillDesk for $4.7 billion to complement its own PayU business.
IDC:
Global smartphone shipments are expected to grow by 7.4% in 2021, reaching 1.37B units, with iPhone shipments growing 13.8% and Android shipments growing 6.2%  —  While the supply chain situation hasn't drastically improved, the smartphone market has shown positive results in recent quarters.
Kate Rooney / CNBC:
Paypal has hired the co-founder of online brokerage TradeKing to lead the “Invest at Paypal” unit, which, sources say, plans to let US customers trade stocks  —  - PayPal is exploring ways to let users trade individual stocks, according to two sources familiar with the plan.
Andrew Ackerman / Wall Street Journal:
Kraken and others want access to Federal Reserve payment systems to process digital asset sales faster; ahead of the Fed's decision, traditional banks push back  —  Efforts by the new breed of financial entities, if successful, could create more competition for traditional banks
Suvashree Ghosh / Bloomberg:
Facebook, Google, and Xiaomi are eyeing India's digital loan market, which Boston Consulting Group estimates to triple to $350B by 2023 and reach $1T by 2025  —  India's digital loan market is becoming a battleground for companies from Facebook Inc. to Xiaomi Corp., as they seek a foothold in what's set to be a $1 trillion industry.

Sponsor Posts

OVHcloud:
Escape Ingress/Egress Fees  —  Experience seamless multi-cloud solutions without ingress/egress constraints.  Optimize costs and pave the way for a sustainable digital future.
Standard Metrics:
Nail Portfolio Reviews, Board Meetings and LP Reporting  —  You didn't hire that Stanford grad to manage spreadsheets.  Automate VC portfolio reporting and free your talented team up to deliver portfolio insights.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
How to maximize business benefits with intelligent integration & automation  —  This is a guest post by Jivrus.  Incorporating the right automation for effective business operations helps businesses manage tasks …
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Mon. 07/22 - The Big Outage Weekend
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:55 AM ET, August 31, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Daniel Howley / Yahoo Finance:

Earlier Picks

Dieter Bohn / The Verge:
Miles Kruppa / Financial Times:
Arjun Kharpal / CNBC:
Robbie Whelan / Wall Street Journal:
Andrew Hayward / Decrypt: