Techmeme
September 24, 2022, 4:10 PM

Top News

William Gallagher / AppleInsider:
Report: some NFT startups say they limit functionality in their iOS apps because Apple insists that its 30% in-app purchases commission applies to all trades  —  Startup and trading NFT firms say they ignore the App Store because Apple's rules, and 30% commission, make it untenable for them.
Nikhilesh De / CoinDesk:
Governor Newsom vetoes a crypto regulation bill that required licenses to facilitate transactions; the California State Assembly passed the bill in August 2022  —  The California Assembly passed the bill, which would create a licensing regime and stablecoin stipulations, at the end of August.
Jennifer Elias / CNBC:
Leaked audio: at a Google all-hands, Sundar Pichai expressed some annoyance at employees asking about cost cutting, telling them not to “equate fun with money”  —  - Google CEO Sundar Pichai spent much of this week's all-hands meeting addressing employee concerns about company cost-cutting measures.
Manish Singh / TechCrunch:
Source: Byju's paid ~$234M to Blackstone for ~38% shares in Aakash, settling its dues to the private equity firm as part of the ~$1B acquisition in April 2021  —  Byju's has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash …
More: Reuters
Natasha Singer / New York Times:
Study: LinkedIn's A/B testing of its People You May Know algorithm, involving 4M+ users in 2015 and 16M+ in 2019, could have affected some users' livelihoods  —  A study that looked back at those tests found that relatively weak social connections were more helpful in finding jobs than stronger social ties.
Rest of World:
A look at the fight between delivery apps in Brazil after the local government launched delivery app Valeu to take on iFood, which controls 80%+ of the market  —  Free-market politicians argue that a government-controlled app is unfair competition.  —  • RIO DE JANEIRO, BRAZIL
Cecilia D'Anastasio / Bloomberg:
Internal letter shows Twitch SVP of global creators Constance Knight resigned on the same day the company announced revenue sharing changes for top creators  —  The senior vice president of global creators at Twitch told employees she is leaving the company on the same day it announced changes …

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More News

Josh Taylor / The Guardian:
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Earlier Picks

Drew Harwell / Washington Post:
Wall Street Journal:
Nicholas Quah / Vulture:
New York Times:
Tripp Mickle / New York Times:
Nelson Wang / CoinDesk: