Techmeme
July 21, 2020, 10:45 PM

Top News

NBC News:
In crackdown, Twitter says it will limit reach of QAnon content and permanently suspend accounts violating policies, banning 7K+ QAnon accounts in last 2 weeks  —  Twitter announced on Tuesday it has begun taking sweeping actions to limit the reach of QAnon content and banned …
Sarah Perez / TechCrunch:
Spotify launches video podcasts worldwide, starting with select creators, letting free and paid users seamlessly move between the video and audio versions  —  Spotify today announced the global launch of video podcasts.  The new feature at launch will allow users, including both free users …
Zack Whittaker / TechCrunch:
US charges two Chinese nationals over a 10+ year hacking spree, alleging theft of terabytes of data, including vaccine secrets, from many orgs in 11 countries  —  U.S. prosecutors have charged two Chinese nationals, said to be working for China's state intelligence bureau …
Tom Warren / The Verge:
Supantha Mukherjee / Reuters:
LinkedIn says it will cut ~960 jobs, or 6% of its global workforce, as the pandemic is having a sustained impact on demand for its recruitment products  —  (Reuters) - Microsoft Corp's (MSFT.O) professional networking site LinkedIn said on Tuesday it would cut about 960 jobs …
The Information:
Sources: a small group of ByteDance's US investors are discussing the possibility of joining forces to buy a majority stake in TikTok  —  A small group of ByteDance's U.S. investors is discussing with the company's top management the possibility of joining forces to buy a majority stake in TikTok …
Margaret Harding McGill / Axios:
TikTok says it plans to hire 10,000 staff in the US over three years; TikTok's number of full-time US employees has jumped from <500 to ~1,400 this year  —  TikTok tells Axios it plans to add thousands of jobs in the U.S. over the next few years — ripping a familiar page from the “companies under fire” playbook.
Jon Porter / The Verge:
OnePlus says its €399 Nord smartphone will launch in Europe and India with a 90Hz 1080p OLED display, dual selfie cameras, Sub-6GHz 5G, 48-megapixel main camera  —  Plus all the other features you already know about  —  OnePlus has officially announced the Nord, its first serious attempt …
Chris Welch / The Verge:
Apple:
Apple commits to becoming 100% carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030  —  Already carbon neutral today for corporate emissions worldwide, the company plans to bring its entire carbon footprint to net zero 20 years sooner than IPCC targets
Salvador Rodriguez / CNBC:
Snap reports Q2 revenue of $454M, up 17% YoY, vs $439.1M est., global DAUs of 238M, up 17% YoY, a net loss of $326M, up from $255M, and ARPU of $1.91, flat YoY  —  - Snap's stock price fell more than 8% on Tuesday after the company reported its second-quarter earnings.
Sara Fischer / Axios:
Kantar: Amazon spent $6.9B on US advertising in 2019, making it the top US ad spender, ahead of Comcast's $6.1B, AT&T's $5.5B, P&G's $4.3B, and Disney's $3.2B  —  Amazon spent nearly $7 billion on U.S. advertising in 2019, making it the top ad spender in the country, according to a new analysis from Kantar featured in AdAge.
CNN:
Facebook adds labels to voting-related posts from US politicians like Trump and Biden that say “Get official voting info” without fact checking the posts  —  New York (CNN Business)After President Donald Trump posted an unfounded claim to Facebook (FB) on Tuesday that mail-in voting …
Chaim Gartenberg / The Verge:
AMD unveils 7nm Ryzen 4000 series desktop processors based on its Zen 2 architecture, but says they will only come in prebuilt OEM systems first  —  The new lineup is only coming to prebuilt OEM systems first, though  —  AMD is beginning to bring its latest 7nm Ryzen 4000 chips based …
Ranjan Roy / Margins:

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