Techmeme
December 10, 2020, 9:45 PM

Top News

Lauren Feiner / CNBC:
Airbnb closes at $144, up from its $68 IPO price, on its first day of trading, giving it a market cap of about $86.5B and more than doubling its IPO valuation  —  - Airbnb opened at $146 per share on its first day of trading on Thursday, more than doubling the $68 per share price set for its IPO the day before.
New York Times:
Legal experts say FTC and state AGs will find it challenging to prove their allegations against Facebook because the standards of proof are formidable  —  The U.S. and states cases against the social network are far from a slam dunk because the standards of proof are formidable.
Natasha Lomas / TechCrunch:
Washington Post:
Federal Trade Commission:
Mark Gurman / Bloomberg:
Sources: SVP of hardware tech Johny Srouji told staff that Apple has started working on its own cellular modem for future devices, to replace Qualcomm chips  —  - Component would eventually replace mobile chips from Qualcomm  — Srouji describes in-house design efforts in town hall meeting
Reed Albergotti / Washington Post:
Washington Post:
Review of Amazon's $100 Halo Band, a health tracking bracelet: excessively invasive without offering much in return for the data  —  The Halo Band asks you to strip down and strap on a microphone so that it can make 3-D scans of your body fat and monitor your tone of voice.
Mitchell Clark / The Verge:
Twitter says iOS users can now add tweets to Snapchat Snaps as stickers, and it will soon test sharing tweets to Instagram Stories  —  Twitter continues to take over all social networks  —  Twitter is making it even easier to spread your tweets far and wide to every social media platform imaginable.
Jennifer Surane / Bloomberg:
Mastercard says it won't allow its cards to be used on Pornhub after the payment network's review of the site uncovered unlawful content  —  Mastercard Inc. said it won't allow its cards to be used on Pornhub.com after the network's review of the website uncovered unlawful content.
The Daily Beast:
Source: at an all-hands meeting, Mark Zuckerberg told Facebook employees they will not be required to get vaccinated before returning to work in their offices  —  The Facebook founder told his more than 50,000 employees that they will not be required to get vaccinated before heading back to the office.
BuzzFeed News:
Facebook insiders say it is prioritizing revenue over user safety by its lax approach to stopping scammers, hackers, and disinfo peddlers from buying ads  —  Facebook is on track for record ad revenue this year.  That's partly due to its lax approach to stopping scammers, hackers …
Ginny Marvin / Search Engine Land:
Google says it will let users limit the alcohol and gambling ads they see, starting with YouTube in the US  —  The new feature will launch on YouTube in the U.S. first.  —  Google is adding new user controls for alcohol and gambling ads.  The new feature, announced Thursday …
Charlie Warzel / New York Times:
Biden staffers say their experiences in dealing with Facebook during the election left them concerned that the company is a threat to the electoral process  —  Inside the battle between Biden and Facebook.  —  Opinion Writer at Large  —  In the days after the election …
Mitchell Clark / The Verge:
Microsoft releases a preview of x64 emulation on Windows for ARM for Windows Insiders in the Dev Channel  —  All your apps should now run on ARM  —  Microsoft is finally releasing x64 emulation on Windows for ARM to testers today, after announcing that the feature was coming back in September.
Megan Rose Dickey / TechCrunch:
Uber's CEO sent a letter to all 50 US governors asking them to prioritize giving drivers and delivery workers the vaccine as essential workers  —  Given how reliant many people have become on rideshare drivers and especially delivery workers during the pandemic, Uber is pushing for them to get priority access to the COVID-19 vaccine.
Khari Johnson / VentureBeat:

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