Techmeme
September 24, 2022, 3:40 PM

Top News

William Gallagher / AppleInsider:
Report: some NFT startups say they limit functionality in their iOS apps because Apple insists that its 30% in-app purchases commission applies to all trades  —  Startup and trading NFT firms say they ignore the App Store because Apple's rules, and 30% commission, make it untenable for them.
Nikhilesh De / CoinDesk:
Governor Newsom vetoes a crypto regulation bill that required licenses to facilitate transactions; the California State Assembly passed the bill in August 2022  —  The California Assembly passed the bill, which would create a licensing regime and stablecoin stipulations, at the end of August.
Manish Singh / TechCrunch:
Source: Byju's paid ~$234M to Blackstone for ~38% shares in Aakash, settling its dues to the private equity firm as part of the ~$1B acquisition in April 2021  —  Byju's has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash …
More: Reuters
Natasha Singer / New York Times:
Study: LinkedIn's A/B testing of its People You May Know algorithm, involving 4M+ users in 2015 and 16M+ in 2019, could have affected some users' livelihoods  —  A study that looked back at those tests found that relatively weak social connections were more helpful in finding jobs than stronger social ties.
Rest of World:
A look at the fight between delivery apps in Brazil after the local government launched delivery app Valeu to take on iFood, which controls 80%+ of the market  —  Free-market politicians argue that a government-controlled app is unfair competition.  —  • RIO DE JANEIRO, BRAZIL
Cecilia D'Anastasio / Bloomberg:
Internal letter shows Twitch SVP of global creators Constance Knight resigned on the same day the company announced revenue sharing changes for top creators  —  The senior vice president of global creators at Twitch told employees she is leaving the company on the same day it announced changes …
Todd Woody / Bloomberg:
How Whale Safe is using real-time data and AI to detect endangered whales in the Bay Area's busy shipping lanes and alert ships to avoid collisions  —  Is your iPhone whale-safe?  Smartphones, like many consumer products, arrive in the US on giant container ships, vessels that are leading killers …

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More News

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Earlier Picks

Jennifer Elias / CNBC:
Drew Harwell / Washington Post:
Tripp Mickle / New York Times:
Nelson Wang / CoinDesk: