Techmeme
September 27, 2021, 10:30 PM

Top News

Adam Mosseri / Instagram:
Adam Mosseri says Instagram is pausing work on Instagram Kids, after criticism from parents, experts, regulators, policymakers, and others  —  - We believe building “Instagram Kids” is the right thing to do, but we're pausing the work.  — We'll use this time to work with parents …
More: The Verge, U.S. Senate Committee …, Engadget, Fortune, The Information, Vanity Fair, Gizmodo, Insider, CNN, Yahoo Finance, San Francisco Business Journal, Observer, TechCrunch, Washington Post, TechSpot, Hollywood Reporter, Social Media Today, Axios, Input, BBC, NBC Bay Area, ZDNet, Android Headlines, Engadget, Neowin, Rep. Trahan, Bloomberg, HotHardware.com News, phonearena.com, Tubefilter, Mashable, We Are Social UK, inews.co.uk, Reuters, New York Post, TNW, Pocket-lint, Politico, CNET, AppleInsider, iMore, Android Central, Livemint, SlashGear, International Business Times, USA Today, PCMag, Benzinga, KnowTechie, Protocol, 9to5Mac, Reuters, and Bloomberg
Alex Cranz / The Verge:
Justin Sherman / Wired:
Pratiti Raychoudhury / About Facebook:
Mitchell Clark / The Verge:
Facebook offers a metaverse definition, will invest $50M over two years in programs and external research to “responsibly” build the “next computing platform”  —  It defines the metaverse and calls it the ‘next computing platform’  —  Facebook has announced …
Todd Spangler / Variety:
TikTok says it now has 1B MAUs  —  TikTok says it has crossed a key milestone: The social video app claims it now counts more than 1 billion monthly active users.  —  TikTok is the successor to Musical.ly, the short-form video app that was acquired by Chinese internet giant ByteDance in 2017 …
Lorenzo Franceschi-Bicchierai / VICE:
The researcher who disclosed three iOS zero-days last week says Apple apologized for the delayed response and said it is still investigating the vulnerabilities  —  Apple apologized for the delay in responding to the researcher, but experts think Apple needs to do better.  —  Lorenzo Franceschi-Bicchierai
Kate Rooney / CNBC:
Coinbase says it will let US users directly deposit any percentage of their paychecks into their Coinbase account, in USD or cryptocurrencies  —  - Coinbase will let U.S. users deposit any percentage of their paychecks directly into their accounts in the coming weeks.
Faiz Siddiqui / Washington Post:
Tesla begins letting drivers request its “Full Self-Driving” beta, prompting criticism from regulators and safety advocates  —  The software update was beamed to Tesla cars over-the-air early Saturday morning.  —  SAN FRANCISCO — Tesla began letting owners request its …
Lily Hay Newman / Wired:
Cloudflare announces Email Routing and Email Security DNS Wizard, built on top of Gmail, Outlook, Yahoo, and others to prevent phishing, spoofing, and more  —  The internet infrastructure company wants to protect your inbox from targeted threats, starting with the launch of two new tools.
Wall Street Journal:
Google begins its appeal of EU's $5B fine, arguing Android has boosted competition; a verdict isn't expected for months and can be appealed to EU's top court  —  Regulator says the Alphabet unit abused its market dominance, while Google says it boosts competition against Apple
James Hercher / AdExchanger:
Google says it will no longer use last-click attribution as the default conversion model in Google Ads, and will default to “data-driven attribution” instead  —  “Because of how we've been improving and training our data-driven attribution models, we've eliminated [that] previously existing requirement,” she said.
Kellen Browning / New York Times:
Activision Blizzard settles with the EEOC, which sued it earlier in the day over alleged sexual harassment and discrimination, will create $18M fund for victims  —  The video game publisher Activision Blizzard said Monday that it would pay $18 million in a settlement with a federal employment agency …
New York Times:
A look at China's complex relationship with video games and the impact of new restrictions aimed at minors, with many finding workarounds  —  China has a complex relationship with video games.  New government rules for minors have made it even more so.  —  China's video game industry is booming.
Catherine Shu / TechCrunch:
Singapore-based neobank Aspire, which offers Southeast Asian SMBs working capital and other financial services, raises $158M Series B in equity and debt  —  Aspire, the Singapore-based neobank that wants to become an “end-to-end financial operating system” for Southeast Asian businesses …
Manish Singh / TechCrunch:
Bijnis, whose app helps factory owners in India build a digital presence and sell products to retailers, raises $30M Series B led by Westbridge Capital  —  The proliferation of affordable and fast mobile data allowed hundreds of millions of Indians to come online for the first time in the past decade.

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