Techmeme
December 27, 2020, 6:50 PM

Top News

Bloomberg:
China's central bank tells Ant it must overhaul its lending, insurance, and wealth management businesses and come up with a timetable as soon as possible  —  - Authorities require Ant to overhaul business, set up timetable  — Ant was blasted over governance, disdain toward compliance
Chance Miller / 9to5Mac:
Apple's system status webpage indicates that the company has resolved an outage affecting iCloud Account and Sign In services  —  Apple's system status webpage indicates that the company has resolved an outage affecting “iCloud Account and Sign In” services.
Joe Rossignol / MacRumors:
Kuo: Apple Car's unclear development schedule means it may launch in 2025-2027, while changes in EV/self-driving market may push the launch to 2028  —  Earlier this week, Reuters reported that Apple is targeting 2024 for production of its long-rumored electric vehicle with “next level” …
Lee Brown / New York Post:
Nashville mayor says the Christmas day explosion in the city appears to have targeted an AT&T building, amid reports the suspect was paranoid about 5G  —  Nashville's mayor said Sunday that the city's Christmas blast appeared to be an “infrastructure attack” on the AT&T building there …
Greg Ip / Wall Street Journal:
Due to the pandemic, trends that normally may have taken years to unfold, like remote work or the shift from physical to virtual commerce, happened in months  —  Spurred by the pandemic, business changes that normally might have taken years unfolded in months.
Michelle Gao / CNBC:
Andrew Davis / Bloomberg:
Report: Facebook closed Irish subsidiary and moved billions in profits back to US following IRS suit; Irish subsidiary paid $101M in tax on $15B profit in 2018  —  Facebook Inc. has moved to wind down several Irish holding companies that had allowed it to shift billions of dollars in profit to the country …
Paresh Dave / Reuters:
Laptop and desktop manufacturers are still months away from fulfilling outstanding orders as sales see a renaissance; shortages won't ease until 2022  —  OAKLAND, Calif. (Reuters) - The world stocked up on laptop and desktop computers in 2020 at a level not seen since the iPhone debuted in 2007 …
Kim Lyons / The Verge:
Citing environmental concerns Xiaomi CEO says its flagship Mi 11 phone will not come with a charger in the box; Xiaomi mocked Apple earlier over the same issue  —  Xiaomi's CEO confirmed the decision on social media site Weibo  —  Lei Jun, the CEO of Chinese phone maker Xiaomi …
Lars Eidnes / ITNEXT:
Analysis of the top 1M pages on the web finds that HTTP/2 is now more common than HTTP/1.1; jQuery, Google Analytics were the top JavaScript libraries by usage  —  We rendered the top 1 million pages on the web, tracking every conceivable performance metric, logging every error, noting every requested URL.
New York Times:
Beijing's frenzied drive to free itself from a reliance on imported chips could prove to be one of the enduring legacies of Trump's trade policies toward China  —  Beijing's drive to free itself from reliance on imported semiconductors has lifted start-ups and big firms alike.  Some have flamed out.

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