Techmeme
August 9, 2021, 1:20 PM

Top News

Bloomberg:
Two groups of senators say they are nearing a last-minute deal on crypto oversight, but an agreement may come too late to get added to the infrastructure bill  —  - Senators say they are nearing last-minute crypto compromise  — The amendment may not get called up for a vote in Senate
Ben Lovejoy / 9to5Mac:
Apple publishes a CSAM FAQ to address misconceptions and concerns about photo scanning, but leaves potential government pressure unaddressed  —  Apple has responded to misconceptions and concerns about its photo scanning announcements by publishing a CSAM FAQ - answering frequently asked questions about the features.
Nicole Nguyen / Wall Street Journal:
When Amazon customers leave negative reviews, some sellers hound them to revise or delete them, in exchange for refunds or gift cards, violating Amazon policies  —  Don't share personal information in reviews or with Amazon sellers; save messages in case you decide to report them
Erin Griffith / New York Times:
PitchBook: 3,000+ angel investors are expected to make their first deal in 2021, up from 2,725 in 2020; angels have invested $2.1B in H1 2021 vs. $2.6B in 2020  —  The once-clubby world of start-up deal making known as “angel investing” has had an influx of new participants.
Reuters:
India's Supreme Court rules that Amazon and Walmart's Flipkart must face antitrust investigations ordered against them last year by the competition commission  —  Amazon.com Inc (AMZN.O) and Walmart's (WMT.N) Flipkart must face antitrust investigations ordered against them in India …
Jennifer Elias / CNBC:
Filings: Google is planning a campus in Silicon Valley, made up of five buildings, dedicated to hardware development; Google spent $389M on the land since 2018  —  - Google is planning another new Silicon Valley campus dubbed “Midpoint.”  — The five-building office campus will sit adjacent …
Amelia Tait / The Guardian:
Creatives on Instagram are angry about its move to video, specifically Reels, and complain Instagram's new changes hurt their engagement  —  The social media platform was once a favourite of artists and photographers, but a shift towards TikTok-type videos and shopping could leave them looking for a new home online
Jevans Nyabiage / South China Morning Post:
China's tech companies, including Huawei and Kunlun, are quietly driving a revolution in Africa's fintech sector, investing in mobile payment apps and wallets  —  One of Africa's biggest mobile wallets is M-Pesa, established in 2007 by the Kenyan phone company Safaricom …

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