Techmeme
September 2, 2024, 2:25 PM

Top News

Daniel Carvalho / Bloomberg:
A majority of Brazilian judges on a Supreme Court panel vote to confirm an order to ban X in Brazil and fine those who don't comply with it by using a VPN  —  - Majority on panel backs order by Moraes against social network  — Justices also uphold fine for those who use VPN for access
Jack Nicas / New York Times:
Starlink, which has 250K customers in Brazil, told Brazil's telecom agency that it would not comply with orders to block X until its frozen assets were released  —  The satellite internet service controlled by Elon Musk is refusing to comply with a court order to block his social network, X, regulators said.
New York Times:
Mark Gurman / Bloomberg:
A look at Apple's strategy to keep executives who wish to retire; sources: the M4 Mac mini will have five USB-C and no USB-A ports, and an internal power supply  —  Apple's succession strategy has come into focus with the upcoming exit of its chief financial officer.
Faiz Siddiqui / Washington Post:
Fidelity values X at ~72% below Elon Musk's purchase price, meaning Prince Alwaleed bin Talal Al Saud would be down $1.4B and Dorsey and Ellison $720M each  —  Elon Musk bought Twitter with a combination of his own money, bank loans and capital raised from friends and associates.
Reuters:
Source: Pat Gelsinger aims to offer ideas to Intel's board to cut capex spending and more, like halting the $32B chip plant project in Germany or selling Altera  —  Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors …
Adi Robertson / The Verge:
A US judge issued a last-minute partial block on Texas law HB 18, that would require some large web services to identify minors and filter what they see online  —  A federal judge issued a last-minute partial block on a Texas law that would require some large web services to identify minors and filter what they see online.
Daniel Lippman / Politico:
Sources: LobbyMatic, which offers AI tools for lobbying, is covertly run by far-right conspiracy theorists and convicted felons, Jacob Wohl and Jack Burkman  —  Jacob Wohl and Jack Burkman are operating under the pseudonyms Jay Klein and Bill Sanders.  —  A Washington startup pitched …
More: Raw Story and Joe.My.God.
Mastodon: @emmalbriant@mastodon.online and @w7voa@journa.hostBluesky: @wagatwe.comX: @dlippmanForums: r/politics
Bloomberg:
OKX says the Monetary Authority of Singapore granted OKX SG a Major Payment Institution license, and appoints former Grab executive Gracie Lin as OKX SG's CEO  —  - CEO Lin to focus on products, seeks MAS nod for adding tokens  —  Crypto exchange OKX named former regulator Gracie Lin as CEO …
Jay Peters / The Verge:
A look at Sub.club, which aims to let users on ActivityPub-based platforms monetize content via subscriptions while taking a 6% cut, available in dev preview  —  The fediverse has the potential to help create enduring and interoperable social networks.  But many creators and businesses rely on bigger …

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