Techmeme
September 28, 2021, 5:30 AM

Top News

Mitchell Clark / The Verge:
Facebook defines its metaverse and plans to invest $50M over two years in programs and external research to “responsibly” build the “next computing platform”  —  It defines the metaverse and calls it the ‘next computing platform’  —  Facebook has announced …
Adam Mosseri / Instagram:
Adam Mosseri says Instagram is pausing work on Instagram Kids, after criticism from parents, experts, regulators, policymakers, and others  —  - We believe building “Instagram Kids” is the right thing to do, but we're pausing the work.  — We'll use this time to work with parents …
Casey Newton / Platformer:
Pratiti Raychoudhury / About Facebook:
Lorenzo Franceschi-Bicchierai / VICE:
The researcher who disclosed three iOS zero-days last week says Apple apologized for the delayed response and said it is still investigating the vulnerabilities  —  Apple apologized for the delay in responding to the researcher, but experts think Apple needs to do better.  —  Lorenzo Franceschi-Bicchierai
Kate Rooney / CNBC:
Coinbase says it will let US users directly deposit any percentage of their paychecks into their Coinbase account, in USD or cryptocurrencies  —  - Coinbase will let U.S. users deposit any percentage of their paychecks directly into their accounts in the coming weeks.
Todd Spangler / Variety:
TikTok says it now has 1B MAUs  —  TikTok says it has crossed a key milestone: The social video app claims it now counts more than 1 billion monthly active users.  —  TikTok is the successor to Musical.ly, the short-form video app that was acquired by Chinese internet giant ByteDance in 2017 …
Kellen Browning / New York Times:
Activision Blizzard settles with the US EEOC over its workplace harassment lawsuit, and will create a $18M fund to compensate “eligible claimants”  —  The video game publisher Activision Blizzard said Monday that it would pay $18 million in a settlement with a federal employment agency …
Igor Bonifacic / Engadget:
Warner Music signs a deal to use Twitch's new content reporting system and launch dedicated Twitch channels for its artists  —  terms with the National Music Publishers' Association (NMPA), Twitch has  —  signed a deal with Warner Music Group.  In partnering with the record label …
Dieter Bohn / The Verge:
In an interview, Satya Nadella described Microsoft's failed TikTok deal as the “strangest thing” he has ever worked on and says TikTok came to Microsoft  —  Remember when wild policy swings like this happened all the time?  —  It's difficult to remember now …
Bloomberg:
Alibaba adds Tencent's WeChat Pay to some of its apps, excluding its flagship e-commerce Taobao app, after Beijing called for interoperability  —  - Tencent had earlier allowed external links on WeChat  — China pressures tech giants to dismantle ‘walled gardens’
More: CNBC
Romain Dillet / TechCrunch:
French startup Swan, which offers “banking-as-a-service” tools to companies, raises €16M Series A led by Accel  —  French startup Swan has raised an $18.7 million Series A funding round (€16 million) led by Accel.  The company provides a banking-as-a-service platform for other products and services.
More: Finextra
Richard Milne / Financial Times:
Norwegian warehouse robotics maker AutoStore plans an IPO in Oslo, sources say valuing the company at ~$11.7B, up from $7.7B when SoftBank invested in April  —  Norwegian manufacturer of automated storage and retrieval systems set to list next month  —  SoftBank-backed warehouse robotics group AutoStore …
More: Reuters and Bloomberg

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