Techmeme
August 10, 2020, 3:25 PM

Top News

Kurt Wagner / Bloomberg:
Facebook says it has created Facebook Financial, a new group headed by David Marcus that will run all payments projects, including Facebook Pay  —  - Libra cryptocurrency co-creator David Marcus to lead new group  — Former UpWork CEO Stephane Kasriel joins as payments VP
Eric Slivka / MacRumors:
Kuo: iPhone shipments could decline by 25-30% if Apple is forced to remove WeChat from its App Stores around the world under Trump's EO  —  In a worst-case scenario, Apple's annual global iPhone shipments could decline by 25-30% if it is forced to remove WeChat from its App Stores around the world …
Wall Street Journal:
Sources: Sequoia, which first invested in ByteDance in 2014 and holds a 10%+ stake, has been pressing its White House contacts to help land a deal for TikTok  —  TikTok's parent has been looking for a way to keep the video-sharing service alive in U.S. after Trump administration declared the app a national security threat
Juli Clover / MacRumors:
In iOS 14, Apple News+ publishers' web links are opened in the Apple News app by default for Apple News+ subscribers, though this feature can be turned off  —  Apple News in iOS 14 and macOS Big Sur has a toggle that's designed to open web links from ‌Apple News‌+ publishers directly …
Jay Peters / The Verge:
Amazon rebrands Twitch Prime as Prime Gaming; the service will still give Prime subscribers perks, including free games, on the live streaming platform  —  Prime Gaming now sits more logically alongside Prime perks like Prime Video and Prime Reading  —  Amazon is rebranding Twitch Prime …
Dara Khosrowshahi / New York Times:
Uber CEO defends treating gig workers as contractors, suggesting gig economy companies should be required to establish funds that give workers cash for benefits  —  Gig workers want both flexibility and benefits — we support laws that could make that possible.  —  Mr. Khosrowshahi is the chief executive officer of Uber.
Lorenzo Franceschi-Bicchierai / VICE:
In the wake of a widely protested presidential election in Belarus, nonprofits and companies including Twitter are reporting parts of the internet being blocked  —  Twitter, local journalists, and internet freedom organizations report that there are widespread internet blocks in Belarus.
Cade Metz / New York Times:
Frances Allen, who conducted groundbreaking work on software compilers in the 1960s and won the Turing Award in 2006, has died at 88  —  One of the few women in the computer industry in its early days, she paved the way for the efficient, lightning-fast apps of today.
Sonali Basak / Bloomberg:
Robinhood says its daily average revenue trades were 4.31M in June, about 4x E*Trade's fee-generating trades and higher than other publicly traded rivals  —  - 4.31 million daily average revenue trades recorded in June  — Company has blocked access to data that was used by Robintrack
New York Times:
A look at the tight links between employees at big tech companies and Joe Biden's campaign, despite his criticism of the Silicon Valley giants  —  While Joe Biden has criticized the largest tech companies, his campaign and transition teams have welcomed allies of Facebook, Google, Amazon and Apple onto its staff and policy groups.

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Earlier Picks

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