| Apple: |
| Aditya Kalra / Reuters: |
Sources: Apple is facing an antitrust investigation in India over forcing developers to use its in-app payment system — Apple Inc (AAPL.O) is facing an antitrust challenge in India for allegedly abusing its dominant position in the apps market by forcing developers to use its proprietary … | The Verge: |
Apple's updated rules allowing web signup links appear to apply only to apps that don't make much money for Apple, like Netflix and Spotify — It's for apps that don't make Apple any money anyways — While vocal app developers accused Apple last week of spinning a lawsuit settlement … | Kait Sanchez / The Verge: |
Twitter launches Super Follows for iOS, letting a select group of US test users charge either $2.99, $4.99, or $9.99 per month for their tweets — Select users in the US can now charge for tweets — Twitter is starting to roll out Super Follows, its new feature that lets users charge for subscriber-only content.| Sam Schechner / Wall Street Journal: |
Ireland's Data Protection Commission, on behalf of the EU, fines WhatsApp €225M for privacy violations, the second-largest under GDPR; WhatsApp will appeal — Regulators say chat-service unit failed to disclose fully how it collected and shared data about its users| Zack Whittaker / TechCrunch: |
Apple says Arizona and Georgia will be first to support adding IDs to Wallet in iOS 15, with six states, including Utah, Maryland, and Iowa, expected to follow — Apple's plan to digitize your wallet is slowly taking shape. What started with boarding passes and venue tickets later became credit cards … | Jonathan Stempel / Reuters: |
Filing: SEC sues Satish Kumbhani, the founder of now-defunct BitConnect, and a promoter over alleged $2B crypto fraud scheme; Kumbhani's location is unknown — The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect … | Tom Warren / The Verge: |
Microsoft announces an online-only Surface hardware event for September 22, where an updated Surface Duo and Laptop are expected — New Surface hardware is on the way — Microsoft is holding a special Surface hardware event on September 22nd. The software maker has started sending media invites … | Jarrod Doherty / Twitter: |
Twitter introduces Safety Mode, which blocks harassing accounts for seven days, in beta for some English-language accounts — Feeling safe on Twitter looks different for everyone. We've rolled out features and settings that may help you to feel more comfortable and in control of your experience … | David McLaughlin / Bloomberg: |
Source: the DOJ is preparing to file a second antitrust lawsuit against Google by the end of this year, targeting Google's digital ads business — U.S. antitrust officials are preparing a second monopoly lawsuit against Alphabet Inc.'s Google over the company's digital advertising business … | Sara Fischer / Axios: |
Facebook says it helped airlift 175 Afghan citizens out of Afghanistan to Mexico, including journalists and some of its own employees — Facebook on Wednesday confirmed that it was part of an effort to fly 175 Afghan citizens out of Afghanistan to Mexico, including some of its own employees, according to a statement provided to Axios.| Anna Nicolaou / Financial Times: |
Sources: YouTube Music reached 50M paying subscribers in August, up from 30M paid music and premium subscribers that YouTube had reported in October 2020 — Google-owned platforms have grown rapidly to become serious streaming competitor — YouTube's paid music streaming services … | Makena Kelly / The Verge: |
Texas Senate passes bill banning social media companies with 50M+ users from censoring users' political views; Gov. Abbott is expected to sign it into law — But experts argue it's unconstitutional — Texas is one step closer to enacting a law that would make it more difficult … | Amy Lewin / Sifted: |
French grocery delivery startup Cajoo raises $40M Series A from Carrefour and others and plans an expansion into Europe early next year — Landing a supermarket as a strategic investor gives Cajoo an edge, argues Capoul. — “Some competitors have much more money than us, but we have an advantage in Carrefour,” he says.| Hannah Miller / The Information: |
Binance CEO Changpeng Zhao says Binance.US is set to close a large private fundraising round in the next two months, and could go public in the next three years — Binance, the world's largest cryptocurrency exchange, has run into a stream of regulatory and legal problems.| Mark Gurman / Bloomberg: |
Apple says it has asked all of its US employees to report their vaccination status voluntarily by mid-September, but stops short of mandating COVID-19 vaccines — - Company is still stopping short of mandating Covid-19 shots — It previously ramped up an optional virus testing program| Coco Liu / Bloomberg: |
Following Tencent, Alibaba pledges ~$15.5B over five years towards China's “common prosperity” vision, spreading the money across 10 initiatives — - E-commerce giant to devote 100 billion yuan to societal good — Alibaba joins tech giants in backing Xi Jinping's key priority| Lauren Feiner / CNBC: |
FTC bans “stalkerware” company Support King, whose Android app allegedly secretly harvested users' location and other data, from the surveillance business — - The Federal Trade Commission voted unanimously to ban what it called a “stalkerware app company” and its CEO … | Joe Williams / Protocol: |
Sources: Andy Jassy overruled an internal recommendation to fire a top AWS executive after a probe of claims the executive made discriminatory comments in 2019 — Amazon CEO Andy Jassy intervened to prevent the firing of a top executive after an internal HR report recommended … | Bloomberg: |
China's Weibo shuts down at least 52 stock-tipping accounts, including one with 3.25M followers, to comply with new rules on finance-related information — - Move is part of campaign to cleanse ‘harmful’ online content — Pundits have touted advice on indexes, stocks, macro policies| New York Times: |
Despite promoting an inclusive image, former Alibaba staff say casual sexism is common; sources say Alibaba fired 10 staff for leaking info on a rape allegation — A rape accusation at the Chinese e-commerce giant has shed light on a work culture that some former employees say is humiliating and toxic.| Bloomberg: |
HomeLight, which offers AI-powered tools for home buyers, sellers, and real estate agents, raises $100M led by Zeev Ventures at a $1.6B valuation — Real estate technology company HomeLight has more than tripled its valuation to $1.6 billion, vaulting it to so-called unicorn status.| Mike Butcher / TechCrunch: |
Swedish startup Stravito, which offers cloud-based market research tools, raises €12.4M Series A led by Endeit Capital — Market research and insights are often underutilized assets for enterprises but it's usually too hard to find content and there's a lot of duplication, or information isn't used well.| Taylor Lorenz / New York Times: |
Profile of Li Jin, an aggressively pro-worker VC who founded Atelier Ventures, which manages $13M, to invest in influencer-related startups — Li Jin, 31, began backing creators years ago. She has raised her own fund to invest in influencer-related start-ups.| Tim Anderson / The Register: |
Docker restricts use of its free desktop tool to individuals and small businesses; companies with 250+ staff or $10M+ annual revenue must use its paid version — Search for sustainable business model continues, but most usage will still be free — Docker will restrict use of the free version …
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