Techmeme
September 8, 2021, 3:50 PM

Top News

Frank Chaparro / The Block:
Coinbase says SEC threatened to sue over its yet-to-be-launched Lend program, following discussions with the regulator that have lasted almost six months  —  Crypto exchange Coinbase CEO Brian Armstrong responded Tuesday evening to planned enforcement by the U.S. Securities …
Taylor Hatmaker / TechCrunch:
Twitter says it's testing Communities, invite-only topic-based public feeds curated by moderators, initially limited to a few topics including dogs and skincare  —  Twitter is a useful place for following breaking news and keeping up with what the people you're already interested in are doing …
Kyle Wiggers / VentureBeat:
Google announces Workspace updates, including spaces for collaboration, Meet calling within Gmail, and 27" and 65" video calling devices by Logitech and Avocor  —  A new GamesBeat event is around the corner!  Learn more about what comes next.  —  Google today announced a series …
Annie Palmer / CNBC:
Amazon says it is bringing its cashierless “Just Walk Out” tech to two Whole Foods stores, set to open in 2022 in DC and California  —  - Amazon is launching its cashierless technology at two Whole Foods stores that are scheduled to open next year.
Dustin Volz / Wall Street Journal:
Researchers: a network of China-linked social media accounts unsuccessfully tried to draw Americans to protest anti-Asian racism, similar to Russia's efforts  —  Campaign is first known instance of China-linked actors fomenting real-world U.S. protest; 'They're copying the Kremlin's playbook'
Nikkei Asia:
PayPal to acquire Japan-based Paidy, a buy now, pay later service, for $2.7B in cash; PayPal expects the deal to be completed by December  —  Aims to boost Japan business with new cross-border e-commerce payment services  —  NEW YORK — U.S. payment company PayPal Holdings on Wednesday announced …
Jordan Novet / CNBC:
Microsoft says it has acquired in-browser video editing software startup Clipchamp, which had 17M registered users across 390K+ companies as of July  —  - Microsoft is buying Clipchamp, whose video-editing app has over 17 million registered users.  — The deal comes weeks after Adobe …
Sam Levin / The Guardian:
Documents: LAPD directs its officers to collect social media information of every civilian they interview, including those not arrested or accused of a crime  —  An internal police chief memo shows employees were directed to use ‘field interview cards’ which would then be reviewed
Sophie Elmhirst / The Guardian:
How three cryptocurrency enthusiasts bought a cruise ship in October 2020 to start a libertarian crypto utopia, only to have their plans collapse months later  —  Last year, three cryptocurrency enthusiasts bought a cruise ship.  They named it the Satoshi, and dreamed of starting a floating libertarian utopia.
Ian Carlos Campbell / The Verge:
Twitter says it is testing edge-to-edge pictures and videos in tweets on iOS to better support visual and text-based conversations  —  An Instagram-like focus on visuals  —  Twitter has announced that it's testing edge-to-edge media in tweets on iOS, creating a more full-screen …
Juli Clover / MacRumors:
Apple announces a “California Streaming” virtual event on September 14 at 10am PT, where new iPhones and Apple Watches are expected  —  Apple today announced that it will be holding a special event on Tuesday, September 14 at 10:00 a.m. The event will take place at the Steve Jobs Theater …
DW.COM:
Germany's Federal Criminal Police Office confirms it bought NSO's Pegasus spyware in 2019 and used it in operations on terrorism and organized crime since March  —  Sources have confirmed media reports that federal criminal police purchased and used the controversial Israeli surveillance spyware despite lawyers' objections.
Taylor Soper / GeekWire:
Shutterstock acquires Seattle-based online photo editing service PicMonkey for $110M in cash  —  Publicly-traded photography giant Shutterstock has acquired PicMonkey, a Seattle startup founded nine years ago that provides online photo editing and graphic design tools.
More: PR Newswire and FinSMEs
Ron Miller / TechCrunch:
TrueFort, which protects enterprise apps by defining normal app behavior and then tracking usage through partners like CrowdStrike, raises $30M Series B  —  As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything.
Catalin Cimpanu / The Record:
Microsoft warns of an actively abused zero-day that exploits a vulnerability in IE's browser engine to target Office applications; patch slated for next week  —  Microsoft's security team issued an alert earlier today to warn about a new Internet Explorer zero-day that is being abused in real-world attacks.
David Zipper / Slate:
As carmakers use infotainment systems to stand out from competitors, the essentially unregulated displays are becoming flashy, feature-packed distractions  —  You're driving and you're bored.  Tired of staring at the road, your eyes drift toward the polished touchscreen to the right of your steering wheel …
Muyao Shen / CoinDesk:
President of El Salvador says the country bought 550+ bitcoins on Monday, as the law making bitcoin legal tender in El Salvador goes into effect  —  El Salvador President Nayib Bukele announced on Twitter his government bought 200 BTC on Monday, a day before the country's Bitcoin Law …

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