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October 5, 2019, 11:45 PM
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CNBC:
PayPal says it is withdrawing from Facebook's Libra Association, becoming the first of its founding members to do so  —  PayPal is withdrawing from Facebook's Libra Association, the company announced Friday.  —  “PayPal has made the decision to forgo further participation in the Libra Association …
Samuel Axon / Ars Technica:
Apple admits some iPhone 6S/6S Plus phones sold from Oct. 2018 to Aug. 2019 may not turn on due to a faulty component, offers free repairs and repair refunds  —  The problem affects phones made between October 2018 and August 2019.  —  Apple has posted notice of a new repair program …
Tripp Mickle / Wall Street Journal:
How Tim Cook is cultivating a relationship with Donald Trump and advocates for Apple's interests, while avoiding public backlash from employees and customers  —  Apple CEO advocates for his company's interests while avoiding a backlash from either employees or the president
Tom Burt / Microsoft on the Issues:
Microsoft: Iran-linked group, dubbed Phosphorus, attempted to hack 241 accounts belonging to a 2020 presidential campaign and others between Aug. and Sept.  —  Today we're sharing that we've recently seen significant cyber activity by a threat group we call Phosphorus, which we believe originates …
Li Yuan / New York Times:
How China is using social media and films to stir patriotism and get communist party propaganda enthusiastically embraced by young people  —  Leveraging celebrities, the know-how of tech companies and images built for social media, the Communist Party can effectively stir patriotism among the youth.
Andreessen Horowitz:
A look at the history of open source as the big VC raises and multi-billion dollar exits for open source software startups become the norm  —  Editor's Note: The open source software (OSS) movement has created some of our most important and widely used technologies, including operating systems, web browsers, and databases.
Stephen Armstrong / WIRED UK:
Google's Stadia execs talk about plans for the service, including tackling latency issues, building an exclusive content library, and an internal game studio  —  Google Stadia promises console-free gaming where you can hop from watching to playing to streaming with just one click - but can it convince both developers and gamers?
Financial Times:
US and UK sign the first-ever bilateral data access agreement, enabled by the Cloud Act, to speed up court-approved data exchanges for criminal investigations  —  Police and intelligence agencies are to be given expedited access to electronic communications sent by terrorists …
Louise Matsakis / Wired:
Unlike other social media platforms, TikTok doesn't timestamp user uploads, frustrating some creators, but making it possible for months-old content to go viral  —  The popular app doesn't tell users when a video was posted.  Creators say that makes it easier to steal content—but there are also upsides to forgetting what day it is.
Romain Dillet / TechCrunch:
Spain-based payments startup Bnext raises $25M Series A, plans to expand to Mexico later this year  —  Fintech startup Bnext has raised a $25 million funding round.  The Spanish company is building a banking product and has managed to attract 300,000 active users.
More: Tech.eu and EU-Startups

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:45 PM ET, October 5, 2019.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC Chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more

Todd Spangler / Variety:
Fubo says TelevisaUnivision has pulled its networks from Fubo and that TelevisaUnivision offered terms “that would increase prices by 25%” for Fubo subscribers

Cecilia D'Anastasio / Bloomberg:
Riot Games says it spent $250M on an unusual deal to finance two seasons of League of Legends show Arcane on Netflix; sources: there was no plan to recoup costs

More News

Lauren Kaori Gurley / VICE:
Drivers say Lyft does very little to protect them from assaults and harassment by passengers and makes it “extremely traumatic to report anything”

Earlier Picks

Wall Street Journal:
Sources: Google has held discussions about acquiring the TikTok-like short video app Firework; California-based Firework was valued at $100M+ earlier this year
Anirban Sen / Reuters:
Sources: SoftBank is struggling to raise money for Vision Fund 2; it is likely to be far smaller, at least at the start, than the $108B it said it had lined up
Dan Goodin / Ars Technica:
Report: attackers are exploiting an Android zero-day vulnerability, giving them control of ~18 phone models, including four Pixel models, via a malicious app
Juli Clover / MacRumors:
Apple confirms it has acquired IKinema, a UK-based startup developing motion capture animation tech used in games and VR
Sarah Perez / TechCrunch:
TikTok says it is banning political ads because they don't fit with its “positive, refreshing environment”
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