Techmeme
August 2, 2020, 1:15 AM

Top News

Echo Wang / Reuters:
Sources: ByteDance has agreed to divest US operations of TikTok under a proposed new deal with the White House that would see Microsoft take over TikTok in US  —  NEW YORK (Reuters) - China's ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House …
Wall Street Journal:
Sources: Microsoft, which was in advanced talks to buy the US operations of TikTok, has paused negotiations after Trump said on Friday that he opposes the deal  —  Talks aren't believed to be dead, but the companies are trying to get clarity on White House's stance
Aaron Tilley / Wall Street Journal:
Acquiring TikTok would be a big bet for Microsoft in the consumer social media space that could bring content moderation and other regulatory risks  —  Consumer products have been a minefield for the software giant even as Xbox has succeeded  —  For Microsoft MSFT .54% Corp. Chief Executive …
CNBC:
President Trump told reporters on Friday that he will act soon to ban TikTok in the United States  —  - President Donald Trump on Friday told reporters he will act soon to ban Chinese-owned video app TikTok from the United States.  — Trump did not specify whether he will act through an executive order …
More: NBC News, Bloomberg, MacRumors, Bloomberg, The Verge, Gizmodo, Constine's Moving …, NBC News, Washington Post, Pocketnow, Los Angeles Times, 9to5Google, Reuters, Techdirt, PBS NewsHour, Social Media Today, The Daily Dot, Slate, The Hill, CNN, Digital Trends, BBC, BuzzFeed News, AppleInsider, TechCrunch, Variety, TechRadar, Fossbytes, Associated Press, Axios, Pocket-lint, Public Pool, Fortune, Business Insider, news.com.au, CBS News, Gizmodo, Bloomberg, Engadget, Ubergizmo, and Wired
Michael Schuman / The Atlantic:
Ryan Hughes / WFLA-TV:
A Florida state attorney files 30 felony charges against a 17-year old who was arrested in Tampa in connection with the July 15 Twitter hack  —  TAMPA, Fla. (WFLA) - A Tampa teenager is in jail, accused of being the “mastermind” behind a hack on the social media website Twitter …
Joseph Cox / VICE:
Charlie Osborne / ZDNet:
IBM report: in 2020, the average data breach costs companies $3.86M to remedy, up 1.5% YoY; “mega” breaches involving 50M+ consumer records can cost up to $392M  —  When consumer PII is involved, the cost increases.  —  The average cost of a “mega” data breach has risen astronomically …
Parmy Olson / Wall Street Journal:
Several pro sports teams, including Mets and the LAFC, are testing facial-recognition to make entry into stadiums as touchless as possible during the pandemic  —  Los Angeles Football Club wants to ‘move everything to face,’ while the New York Mets are testing system on players and staff
More: Axios

Sponsor Posts

Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
SignalFire:
SignalFire raises another $1 billion to back applied AI startups  —  We build AI too.  It tracks 650M tech employees so we can help companies with recruiting and GTM across enterprise, infra, healthcare, security, and consumer.
Zoho:
5 low-cost strategies to grow your ecommerce  —  This is a guest post by Ani Asatryan, Senior Content Writer of Ucraft.The best-kept secrets in ecommerce aren't secret at all—they're hiding in plain sight.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
OpenAI Shopping?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Spotlight On:
*S3 Feature* Transcend's Kate Parker on putting data back into the hands of users in an AI-driven world
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
Cliff Sosin - Investing in Carvana
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
From White House to Wall Street: David Rubenstein
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Inside monday.com's transformation: radical transparency, impact over output, and their path to $1B ARR | Daniel Lereya (Chief Product and Technology Officer)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:15 AM ET, August 2, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Kevin Collier / NBC News:
Mary Jo Foley / ZDNet:
Jessica Bursztynsky / CNBC:
Sarah Perez / TechCrunch: