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September 20, 2020, 11:25 AM
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| Bloomberg: |
Trump says he has approved Oracle's bid for the US operations of TikTok “in concept” — - TikTok app store ban put on hold for a week after Trump nod — New TikTok Global to donate $5 billion to education foundation — Donald Trump gave his blessing to Oracle Corp.'s bid …
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| Jonathan Shieber / TechCrunch: |
US delays TikTok ban by a week, as company says Oracle and Walmart may take 20% stake in TikTok Global's pre-IPO round, host US user data and computer systems — Well... that was pointless. — After debasing the idea of free commerce in the U.S in the name of a misplaced security concern … | CNBC: |
US judge in California issues a preliminary injunction halting Commerce Department's order banning downloads of WeChat from Sunday — A U.S. judge early Sunday blocked the Commerce Department from requiring Apple and Alphabet's Google to remove Tencent Holding's WeChat for downloads by late Sunday.
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Wall Street Journal, Bloomberg, CNN, Reuters, Vox, AppleInsider, The Verge, Mashable, Engadget, and Seeking Alpha
Tweets: @jchengwsj, @jason_kint, @next_china, @reuters, @arjunkharpal, @malbertnews, @pkafka, and @johnbattelle
| Reuters: |
ByteDance says that it is not aware of the news that TikTok is setting up a $5B education fund in the US as part of a deal to continue operating in the US — NINGBO, China (Reuters) - TikTok owner Bytedance said in a social media post on Sunday that it was the first time it had heard …
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Bloomberg, Newser, and Digital Trends
Tweets: @lmatsakis, @staska, @caro_milanesi, @philwaymouth, @mdudas, @dellcam, and @felixsalmon
| Bloomberg: |
TikTok asked a court on Friday to block its ban, saying US govt. exceeded its authority, the ban was issued for political reasons, and violates First Amendment — - Company says Trump exceeded his authority with ban order — Video-sharing app surged in popularity, especially with teens
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Wall Street Journal, CNET, The Verge, Associated Press, Gizmodo, Reuters, and Reuters
Tweets: @chris_skinner, @cgtnofficial, @danprimack, and @business
| Catalin Cimpanu / ZDNet: |
Starting Oct. 1, all new source code repositories on GitHub will be named “main” instead of “master” as part the company's effort to abandon non-inclusive terms — All new Git repositories on GitHub will be named “main” instead of “master” starting October 1, 2020.
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GitHub and MSPoweruser
| Asha Saluja / Slate: |
Behind the rise of viral earworms on TikTok, whose musical DNA and culture of repetition often leads to the same songs being reused again and again in videos — Gen Z's favorite video app is a blessing in a pandemic. But why does so much of it sound the same? — I downloaded TikTok in April, a month into COVID isolation.
Tweets: @brianroemmele and @brianroemmele
| Kaitlyn Tiffany / The Atlantic: |
A look at teen TikTok stars like “Mooptopia”, who achieved sudden viral fame and found it hard to contend with the devotion and nonstop attention of fans — Teens are making it big overnight, but that kind of fame can be a mixed bag. — A girl sits alone on an ugly couch … | Shannon McGregor / Wired: |
Facebook and Twitter fail to differentiate “coordinated behavior” from standard political campaign practices, leading to unclear and inconsistent moderation — No one knows, not even the policy writers or enforcers. And the ambiguity is exacerbating threats to our electoral process.
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Slashdot
| Sophia Kunthara / Crunchbase News: |
At Snowflake's IPO price, Sutter Hill Ventures' stake was worth $5.9B, Altimeter Capital's ~$4.4B, ICONIQ Capital's $4B+, Redpoint's $2.6B, and Sequoia's ~$2.5B — Data warehousing company Snowflake went public on Wednesday in the largest software IPO ever, raising nearly $3.4 billion and valuing the company at $33.2 billion.
Tweets: @madhavchanchani and @crunchbase
| Clive Thompson / Wired: |
YouTube taught its recommendation system how to recognize and demote conspiratorial videos, but organic link-sharing and bot promotion are thwarting its efforts — From flat-earthers to QAnon to Covid quackery, the video giant is awash in misinformation. Can AI keep the lunatic fringe from going viral?| Peter Clarke / eeNews Europe: |
French startup Antaios raises $11M for developing SOT-MRAM that can potentially replace embedded non-volatile memory and SRAM cache in microprocessors and SoCs — Antaios SA (Grenoble, France), a 2017 startup working on spin-orbit-torque (SOT) MRAM has secured US$11 million in funding.
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Electronics Weekly, Business Wire, and FinSMEs
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