Techmeme
August 4, 2020, 6:00 AM

Top News

Alex Wilhelm / TechCrunch:
Trump says he is fine with the idea of Microsoft buying TikTok in US, but the US government should be paid a “substantial amount of money” as part of the deal  —  Today the President appeared to bless the budding Microsoft-TikTok deal, continuing his evolution on a possible transaction.
Wall Street Journal:
With a TikTok sale, China would lose control of its first global internet sensation, hardening the suspicions inside China that US is sabotaging its tech growth  —  Washington's push for Chinese company to sell American operations hardens suspicions in China that the U.S. aims to sabotage its technology
The Official Microsoft Blog:
Sam Shead / CNBC:
Tom Warren / The Verge:
Dieter Bohn / The Verge:
Google announces the $349 Pixel 4a, available on August 20 with preorders open now, $499 Pixel 4a 5G, and Pixel 5, coming later this fall  —  Google is officially announcing three Pixel phones today.  First is the $349 Pixel 4A, which is available for preorder now and will ship on August 20th.
Dieter Bohn / The Verge:
Jacob Kastrenakes / The Verge:
Twitter says FTC may soon fine it between $150M-$250M for using users' email addresses and phone numbers for ad targeting; practice was disclosed in Oct. 2019  —  Twitter said the identifiers were ‘inadvertently’ used for advertising  —  Twitter said that the Federal Trade Commission …
Dean Takahashi / VentureBeat:
Take-Two Interactive beat expectations in fiscal Q1 with revenue of $831.3M, up 54% YoY, despite not launching any new games during the quarter  —  Take-Two Interactive reported today that revenue for its first fiscal quarter (the second calendar quarter) ended June 30 rose 54% from a year ago …
Sarah Perez / TechCrunch:
Google announces partnerships with six more banks to offer digital checking and savings accounts to Google Pay users in the US, starting next year  —  Google is expanding its plans to offer digital banking services in the U.S. The company announced today it's partnering with half a dozen …
Jack Stubbs / @jc_stubbs:
[Thread] A look at the correspondence between a hacked US travel management firm, CWT, and the ransomware attackers, who were paid $4.5M in BTC to decrypt files  —  An interesting thing happened on the internet with week. U.S. travel management firm was hit with Ragnar Locker ransomware. The company agreed to pay and handed over $4.5 mln in bitcoin https://www.reuters.com/... https://twitter.com/...
Sarah Perez / TechCrunch:
Snap says it's working on a feature that will let users set their Snaps to music, similar to TikTok's app, coming to English-language markets this fall  —  Snapchat is taking aim at TikTok.  The company announced today it will begin testing a new feature that lets Snapchat users set their Snaps to music, similar to TikTok's app.
David Shepardson / Reuters:
The FCC will take public comment for 45 days on the Trump administration's petition for new transparency rules on how social media companies moderate content  —  WASHINGTON (Reuters) - The Federal Communications Commission will take public comment for 45 days on a petition filed …

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Donie O'Sullivan / CNN:

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