Techmeme
September 13, 2021, 12:35 PM

Top News

Jeff Horwitz / Wall Street Journal:
Internal Facebook documents detail XCheck, a program that shields VIP users from normal content enforcement policies, which included over 5.8M users in 2020  —  A program known as XCheck has given millions of celebrities, politicians and other high-profile users special treatment, a privilege many abuse
Mark Gurman / Bloomberg:
What to expect from Apple's September 14 event: narrower iPhone 13 notch, LTPO displays on Pro models, redesigned Watch Series 7, no M1X MacBook Pros, and more  —  This is the free version of Power On.  If you like it, consider subscribing to Bloomberg.com — you'll receive …
Mike Wuerthele / AppleInsider:
Kim Lyons / The Verge:
Litecoin spiked ~20% after several news outlets, including Reuters and CNBC, reported that Walmart would begin accepting it based on a fake press release  —  An apparently fake press release said the retailer would begin accepting the cryptocurrency  —  The Litecoin cryptocurrency saw …
Financial Times:
Sources: Beijing wants to break up Ant Group's Alipay, which has over 1B users, and create a separate app for the company's highly profitable loans business  —  Chinese fintech will turn over user data to new joint venture partly owned by state  —  Beijing wants to break up Alipay …
Kim Lyons / The Verge:
M.G. Siegler / 500ish:
Tom Warren / The Verge:
Mozilla says it has bypassed Microsoft's cumbersome method for switching browsers in Windows 11, letting users set Firefox as default with one click  —  It's easier to switch to Firefox as default now  —  Mozilla has quietly made it easier to switch to Firefox on Windows recently.
Financial Times:
Analysis: Irish DPC has failed to apply EU's privacy laws to US Big Tech companies, with 98% of 164 significant complaints about privacy abuses still unresolved  —  Irish regulator has not resolved 98% of 164 significant data protection complaints  —  Ireland is failing to apply …
Eva Mathews / Reuters:
Coinbase says it plans to raise around $1.5B through a debt offering, to invest in product development and M&A, after saying it will raise $1.25B in May  —  Coinbase Global Inc (COIN.O) is planning to raise about $1.5 billion through a debt offering to invest in product development …
Margaret Harding McGill / Axios:
Sources: Biden will nominate Georgetown law professor Alvaro Bedoya, who focuses on privacy issues, to be a commissioner at the FTC  —  President Biden will nominate Georgetown University law professor Alvaro Bedoya to be a Democratic commissioner at the Federal Trade Commission, people familiar with the matter told Axios.
Nic Fildes / Financial Times:
Kape, a UK-listed digital privacy company controlled by billionaire Teddy Sagi, buys rival ExpressVPN for $936M, which will boost Kape's subscribers to 6M  —  Deal to acquire virtual private network provider one of biggest by UK tech group in recent years  —  A UK-listed digital privacy …
Mary Ann Azevedo / TechCrunch:
SpotOn, a payments company focused on SMBs, raises $300M Series E led by a16z at a $3.15B valuation and acquires live events payments startup Appetize for $400M  —  Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation.
Tom Warren / The Verge:
Weeks after forcing Groovy Bot offline, Google is doing the same to Rythm, a bot with 560M+ users that lets Discord users play music from YouTube videos  —  The Rythm Discord music bot is disappearing on September 15th  —  Just weeks after forcing the Groovy Discord music bot offline …
Sebastian Herrera / Wall Street Journal:
How Amazon would be affected by California's new bill aimed at regulating the company's use of productivity quotas in warehouses, the first bill of its kind  —  The online retailer relies on employees' high pace of work for its fast shipping  —  California is taking aim at the grievances …

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Rachel Louise Ensign / Wall Street Journal:
Mark Suster / Both Sides of the Table: