Techmeme
September 8, 2021, 1:40 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 …
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 …
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 …
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'
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 …
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 …
Phillip Tracy / Laptop Mag:
Lenovo unveils the 14-inch IdeaPad Slim 7 Carbon and 16-inch Slim 7 Pro laptops, powered by AMD, both expected by October and priced from $1,290  —  The IdeaPad Slim 7 Carbon and Slim 7 Pro are two premium ultra-portable laptops  —  IdeaPad laptops have long been overshadowed by ThinkPads and Yogas …
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.
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
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 …
Elizabeth Byrne / ABC:
Australia's High Court affirms earlier rulings that media companies can be held responsible for Facebook comments posted under stories on their Facebook Pages  —  The High Court has dismissed an appeal by some of Australia's biggest media outlets including The Sydney Morning Herald and The Australian …
Cara Lombardo / Wall Street Journal:
Sources: Elliott Management has taken a 10%+ stake in Citrix Systems, worth around $1.3B, and will push to boost Citrix's lagging stock price  —  Activist hedge fund wants the software company to take steps to boost its valuation  —  Activist hedge fund Elliott Management Corp …
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.
Muyao Shen / CoinDesk:

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