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June 15, 2020, 10:05 AM
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| Benjamin Mullin / Wall Street Journal: |
Sources: at its current pace, Quibi will sign up fewer than 2M paying subscribers by the end of its first year, well under its original target of 7.4M — Two veteran executives with contrasting styles are launching Quibi, an on-the-go streaming service, during a pandemic
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TechCrunch and Variety
Tweets: @tomgara, @thegarance, @katienotopoulos, @moryan, @brianmcc, @benmullin, @somospostpc, @asharma, @chrismichel, @a_w_gordon, @nichcarlson, @wsj, @ross, @dave_schilling, @walthickey, @sepinwall, @rkalland, @zck, @jpbrammer, @thejerrylu, @trengriffin, @joshconstine, @cinematicbanter, @sameer_singh17, @brokenbottleboy, @reckless, @jasonleopold, @joannastern, @hughlangley, @db, @benmullin, @yoda, @wsj, @kimmasters, @chrisreimer, @benyt, @a_w_gordon, @iankarmel, @bigblackjacobin, @annaknicolaou, and @ashleyxholcomb
| Amanda Meade / The Guardian: |
In response to Australian regulator, Facebook says it will not pay for shared news links and that not having them at all would not significantly impact business — Social media giant rejects ACCC proposal, saying it could cut out news completely without any significant impact on its business
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Asia Times, Telecoms.com, Facebook, Geek News Central, ABC, The Age, ZDNet, MediaNama, AdNews, and Facebook
| TechCrunch: |
WhatsApp says it is rolling out a payments service for its users in Brazil to send and receive money and make purchases from local businesses — WhatsApp said on Monday it has started to roll out a payments service to its users in Brazil in a move that it described was aimed at helping businesses accept digital money.
More:
Reuters, Android Police, Bloomberg, VentureBeat, 9to5Mac, Seeking Alpha, and MSPoweruser
| Chance Miller / 9to5Mac: |
Apple launches zero-interest financing with Apple Card for iPad, Mac, AirPods, and its other products for six or 12 months — Apple today has officially launched support for financing additional products with Apple Card and 0% interest. The new financing options are available for the Mac lineup …
More:
AppleInsider, MacRumors, and Thurrott
| Financial Times: |
Sources: SoftBank has invested $500M+ into Credit Suisse supply-chain finance funds that then made big bets on the debt of struggling SoftBank-backed startups — Japanese conglomerate engages in circular flow of financing to Vision Fund start-ups — SoftBank has quietly poured more than $500m …
More:
Fortune. Tweets: @sameer_singh17, @sarthakgh, @spignal, @mattzeitlin, @birdyword, @bondhack, @peter_tl, @fascinatorfun, and @bjmbraun
| Manish Singh / TechCrunch: |
ByteDance says it's shutting down two of its apps in India, Vigo Lite and Vigo Video, the latter of which reportedly had 4M MAUs, urging users to move to TikTok — Chinese internet giant ByteDance has announced plans to discontinue two of its apps in India, its biggest overseas market, and urged users to move to TikTok.
More:
Entrackr, Fortune, Outlook India Magazine, Hindustan Times, MediaNama, The Next Web, TechNode, and Fossbytes
Tweets: @sub8u and @medianama
| Sirin Kale / The Guardian: |
A look at Shop, Shopify's new app for consumers, which saves stores from having to build their own shopping app and offers personalized product recommendations — It is the second-largest e-commerce platform in the US, yet remains anonymous. Will its new app change all that?
Tweets: @carnage4life
| Catalin Cimpanu / ZDNet: |
Intel says its upcoming Tiger Lake mobile CPUs will be the first to use its anti-malware Control-flow Enforcement Technology — Intel says CET can protect against ROP/JOP/COP malware. — Intel has announced today that its experimental CET security feature will be first made available … | David Shepardson / Reuters: |
US auto safety regulators will unveil a voluntary effort to collect and publish centralized nationwide data on autonomous vehicle testing — WASHINGTON (Reuters) - U.S. auto safety regulators will unveil on Monday a voluntary effort to collect and make available nationwide data on existing autonomous vehicle testing.
More:
The Next Web, South China Morning Post, AppleInsider, and Bloomberg
| Matthew Boyle / Bloomberg: |
Walmart partners with Shopify to expand its third-party marketplace, with plans to add 1,200 Shopify sellers this year — - Move is retailer's latest attempt to grow online sales, profit — Walmart will bring 1,200 Shopify sellers to its site this year
More:
TheStreet, USA Today, Reuters, StreetInsider.com, Financial Post, and The Next Web
| David Ingram / NBC News: |
US efforts to deploy COVID-19 contact tracing apps have fallen flat, as most states retreat from earlier interest and the few with an app struggle with adoption — At a briefing this week, New Jersey Gov. Phil Murphy touted his state's efforts to trace the spread of the coronavirus …
More:
Axios, Business Insider, and Slashdot
| Wall Street Journal: |
PayPal, Square, others make some businesses wait for weeks to access funds, to protect themselves against the rise of disputed transactions during the pandemic — More people are demanding refunds for things bought before the pandemic. PayPal, Square and others are trying to protect themselves … Sponsor Posts
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