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August 31, 2021, 7:15 AM
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memeorandum
WeSmirchTop News
| Mark Gurman / Bloomberg: |
Source: Apple's planned satellite capabilities for the iPhone are focused on emergencies, enabling texts and crisis reports in areas without cellular coverage — - Apple plans an emergency-reporting tool for future iPhones — Apple Inc.'s push to bring satellite capabilities to the iPhone …
More:
The Verge, MacRumors, iThinkDifferent, Engadget, Silicon Republic, CNBC, Livemint, Telecoms.com, The Register, Mashable, Digital Trends, SlashGear, Benzinga, phonearena.com, Tom's Guide, iPhone in Canada Blog, Ubergizmo, Pocketnow, iMore, iDownloadBlog.com, Cult of Mac, MacRumors, AppleInsider, 9to5Mac, TNW, Light Reading, Computerworld, The Mac Observer, and Philip Elmer‑DeWitt
Tweets: @saschasegan, @erratarob, @markgurman, @erratarob, @rjonesy, @erratarob, @erratarob, @tmfassociates, @erratarob, @jcenters, @erratarob, @erratarob, @markgurman, @jcenters, @erratarob, @erratarob, @erratarob, @erratarob, @ronamadeo, @davegershgorn, @trengriffin, @jcenters, @jcenters, @erratarob, @jcenters, @erratarob, @saschasegan, and @saschasegan
| Jiyoung Sohn / Wall Street Journal: |
South Korea's National Assembly passes a bill that forces Apple and Google to allow alternative payment systems in their app stores — Seoul requires the companies to allow competing payment systems, threatening their 30% cut of most in-app digital sales — SEOUL—Google and Apple Inc …
More:
The Verge, 9to5Mac, AppleInsider, TechCrunch, Axios, MacRumors, MacRumors, Reuters, CNN, CNBC, iMore, Android Central, Ubergizmo, Australian Financial Review, MSPoweruser, iMore, Patently Apple, Financial Times, iThinkDifferent, iDownloadBlog.com, and Benzinga
Tweets: @timsweeneyepic, @carnage4life, @mayazi, @tsuvik, @timothys, and @danielpunkass
| Micah Singleton / Billboard: |
Apple acquires classical music streaming service Primephonic, giving users six free months of Apple Music, and will launch its own classical music app in 2022 — Apple has acquired Primephonic, the classical music streaming service, for an undisclosed amount, the company tells Billboard.
Source:
Apple. More:
Laptop Mag, The Verge, Silicon Republic, MobileSyrup, Silicon Canals, TechRadar, CNBC, Neowin, Bloomberg, Forbes, SlashGear, Pocket-lint, Six Colors, Appleosophy, iMore, MSPoweruser, Engadget, The Mac Observer, iPhone in Canada Blog, iDownloadBlog.com, 9to5Mac, MacRumors, and AppleInsider
Tweets: @markgurman, @rbeilfuss, @billboard, @mattcohler, @benedictevans, @adrs, @fafnerthekite, @garrettmcqueen, @lauritzen_brian, @stshank, @cheriehu42, @mihirssharma, @edwardlucas, @lauritzen_brian, @jherskowitz, @lauritzen_brian, @ihnatko, @brianroemmele, @stshank, @martinsfp, @viticci, @benedictevans, and @micahsingleton. Thanks:@ericleamen
| Dave Nyczepir / FedScoop: |
White House announces the US Digital Corps, a two-year fellowship aiming to recruit early-career software engineers and other technologists to federal agencies — The White House launched a two-year fellowship Monday designed to place early-career software engineers, data scientists and other technologists at federal agencies.
Source:
United States Digital Corps. More:
GSA, Fast Company, MeriTalk, The Hill, and Federal Computer Week
Tweets: @usdigitalcorps, @arianaosoto, @emilytav, @harrisonjmacrae, @pifgov, @dpatil, @abhinemani, @emilytav, @ombpress, @konklone, @usgsa, @codingitforward, @martijnrasser, and @digiphile
| Danny Nelson / CoinDesk: |
The Central Bank of Nigeria says it will work with blockchain and payments startup Bitt Inc. to launch Nigeria's eNaira digital currency later this year — The Central Bank of Nigeria (CBN) said Monday it will work with Bitt Inc., a blockchain and payments startup, to launch …
More:
Nairametrics, Forkast, Cointelegraph, The Sun Nigeria, TheCable, Punch Newspapers, Vanguard News, PYMNTS.com, Reuters, Cointelegraph, and Bitcoin News
Tweets: @bittglobal and @samconnerone
| Bloomberg: |
Sources: Indian ride-hailing company Ola is seeking to raise about $1B at an $8B+ valuation in a Mumbai IPO; source says the filing could arrive by October — - Citigroup, Kotak Mahindra, Morgan Stanley are on the listing — Startup to seek valuation of more than $8 billion in the IPO
More:
The Economic Times, Reuters, KrASIA, CNBC, The Economic Times, and Inc42 Media
| Zoe Schiffer / The Verge: |
Some Apple employees say their privacy is not well protected by Apple, as they decry norms and rules that encourage personal iCloud accounts be used at work — Jacob Preston was sitting down with his manager during his first week at Apple when he was told, with little fanfare …
More:
AppleToo, Axios, Engadget, Benzinga, and AppleInsider
| Kartikay Mehrotra / Bloomberg: |
A flaw in Go Ethereum, used to verify transactions, has been fixed after it caused about half of the Ethereum ecosystem to split into a separate chain — - Ethereum blockchain was divided by mistake in client software — Network patch swiftly stabilized the blockchain system| Zheping Huang / Bloomberg: |
State media says China is restricting online gaming for minors to three hours most weeks of the year, from 8pm to 9pm on Fridays, weekends, and public holidays — - The country is imposing its strictest limits yet on play time — Beijing is waging a campaign to groom productive youths
More:
Wall Street Journal, CNBC, Reuters, TNW, South China Morning Post, news.cn, The Register, NPR, New York Times, Financial Times, Ars Technica, Destructoid, The Verge, TechCrunch, BBC, TechRadar, SiliconANGLE, MacRumors, CNBC, Bloomberg, MobileSyrup, Fortune, Input, SlashGear, Engadget, 9to5Mac, govtech.com, Gizmodo, Forbes, Washington Post, Barron's Online, Game Rant, Newser, IGN, GamesIndustry.biz, thegamer.com, Tech in Asia, AppleInsider, Mashable, KnowTechie, Protocol, GameSpot, TechSpot, Livemint, Wccftech, and Axios
Tweets: @tocelot, @paulmozur, @pelstrom, @tiffanycli, @ashk4n, @benjysarlin, @tpcarney, @zhugeex, @jchengwsj, @ragegoldeneagle, @wolfejosh, @zhugeex, @adamsinger, @spencerdailey, @nxthompson, @marshallk, @reutersbiz, @cryptocobain, @arlieth, @burke_jason, @yohosiefgc, @mbrookerhk, @eliothiggins, @pekingmike, @karlbode, @rmc031, @mc_of_a, @mattzeitlin, @_larryj_, @nkulw, @jamesgrickards, @timkennedymma, @marklittlenews, @jeffjarvis, @stevesi, @aadhansen, @bantg, @bencsin, @fabiochiusi, @jerrybrito, @lizyoungstrat, @pingroma, @priapusiq, @lionelmedia, and @paulmozur
| Daniel Howley / Yahoo Finance: |
Zoom beats with Q2 revenue of $1.02B, up 54% YoY, vs. $991.0M est., and now has 2,278 customers paying $100K+, up 131% YoY; stock down 10%+ on weak Q3 guidance — reported its fiscal Q2 2022 earnings after the bell on Monday, beating analysts' expectations on the top and bottom line.| MIT Technology Review: |
Sources and experts say US-funded Afghan government databases containing sensitive personal data could be used by the Taliban to identify millions of Afghans — By capturing 40 pieces of data per person—from iris scans and family links to their favorite fruit—a system meant to cut fraud …
Tweets: @hypervisible, @techreview, @techreview, @techreview, @barristerblog, @eileenguo, and @privacymatters
| IDC: |
Global smartphone shipments are expected to grow by 7.4% in 2021, reaching 1.37B units, with iPhone shipments growing 13.8% and Android shipments growing 6.2% — While the supply chain situation hasn't drastically improved, the smartphone market has shown positive results in recent quarters.
More:
iThinkDifferent, Softpedia News, Wccftech, Gizchina, phonearena.com, CNET, iMore, AppleInsider, and 9to5Mac
| Reuters: |
Russia's Yandex says it will buy Uber's stakes in their joint foodtech, delivery, and self-driving businesses in a $1B deal — Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses …
More:
Benzinga, Bloomberg, Financial Times, and The Moscow Times
| Suvashree Ghosh / Bloomberg: |
Facebook, Google, and Xiaomi are eyeing India's digital loan market, which Boston Consulting Group estimates to triple to $350B by 2023 and reach $1T by 2025 — India's digital loan market is becoming a battleground for companies from Facebook Inc. to Xiaomi Corp., seeking a foothold in what's set to be a $1 trillion industry.| Sebastian Sinclair / CoinDesk: |
Singapore-based digital asset exchange Zipmex raises $41M Series B with participation from Krungsri Finnovate, the VC arm of one of Thailand's largest banks — Singapore-headquartered digital asset exchange Zipmex has completed its $41 million Series B funding round with participation coming from one of Thailand's largest banks.
More:
Finextra, Forkast, Cointelegraph, Reuters, Tech in Asia, KrASIA, and Fintech Singapore. Tweets: @coindesk
| Ryan Vlastelica / Bloomberg: |
As ad revenue surges, Alphabet shares are up 65% over 2021, and up more than 7% in August to reach a record high of $2,891.81, the longest rally since 2009 — - Shares are poised for their eighth straight month of gains — Yearly rise nearly twice as much as Facebook, Microsoft| Larry Dignan / ZDNet: |
Cloudera reports Q2 revenue of $236.06M, up 10% YoY, subscription revenue of $213.3M, up 11% YoY, and ARR of $832M, up 13% YoY, announces departure of its CPO — Cloudera also said Arun Murthy, chief product officer, will leave the company effective immediately.
More:
PR Newswire, MarketWatch, and Wall Street Journal
| Bloomberg: |
Japan's Nippon Foundation wants its crewless ships to make up 50% of Japan's local fleet by 2040; a container ship will test a 236-mile voyage in February 2022 — - Group aims to have self-manned ships in practical use by 2025 — Aging workforce make self-sailing ships a priority in Japan
Tweets: @jimpethokoukis
| Dave Lee / Financial Times: |
New York and San Francisco are moving to make commission caps for delivery platforms permanent; NYC voted to approve a 23% cap, below the 30% usually charged — Grubhub vows to fight legislation as shares in European parent Just Eat Takeaway fall — Shares in Just Eat Takeaway …
Tweets: @toddntucker
| Sohee Kim / Bloomberg: |
At the behest of South Korean regulators, payments service Kakao lowers its IPO target to ~$1.3B at the top of the range, down from ~$1.4B — - Regulators asked the startup to revise its IPO prospectus — Krafton's lukewarm debut has soured sentiment domesticallySponsor Posts
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