Techmeme
August 7, 2020, 10:20 AM

Top News

Russell Brandom / The Verge:
Trump signs an executive order to block all transactions with ByteDance and Tencent starting Sept. 20, just 5 days after Microsoft's deadline to acquire TikTok  —  Microsoft is currently in talks to acquire the company  —  President Trump has signed a new executive order …
Financial Times:
Sources: Microsoft is pursuing a deal to buy all of TikTok's global operations, including those in India and Europe  —  US group explores whether it can add regions including India and Europe to deal for video app's US arm  —  Microsoft is chasing a deal to buy all of TikTok's global business …
Wall Street Journal:
Tencent stock, which had a market capitalization of $687B on Thursday, plunged 10%+ after Trump's ban on WeChat  —  Just before the news, Tencent shares were trading near a record high  —  Shares of Tencent Holdings Ltd. TCEHY .17% plunged as much as 10% on Friday, hours after President Trump signed …
Amanda Macias / CNBC:
Nick Statt / The Verge:
Apple confirms cloud gaming services like xCloud and Stadia violate App Store guidelines and will not work on iOS, as Apple cannot review each game offered  —  New cloud gaming services from Google and Microsoft won't work on iOS  —  Cloud gaming is shaping up to have a big moment …
Tom Warren / The Verge:
Facebook slams Apple's App Store policies, launches Facebook Gaming on iOS without the app's mini games feature to pass the App Store's strict approval policies  —  Facebook is not happy with the months of rejections it has faced  —  Facebook is joining Microsoft in condemning Apple's App Store policies today.
Catalin Cimpanu / ZDNet:
Intel is investigating a leak of 20 GB of documents, some confidential, possibly from an internal source accessing its Resource and Design Center  —  Leak confirmed to be authentic.  Many files are marked “confidential” or “restricted secret.”  —  US chipmaker Intel is investigating …
BuzzFeed News:
Staffers ask Zuckerberg what would happen if Trump uses Facebook to dispute the election; some staff say they have evidence of favoritism for right-wing pages  —  Facebook employees collected evidence showing the company is giving right-wing pages preferential treatment when it comes to misinformation.
Uber:
Uber Q2: revenue of $2.2B, down 29% YoY, gross bookings of $10.2B, down 35%, net loss of $1.8B; mobility gross bookings fell 73% but delivery grew 113% YoY  —  “Our team continues to move at Uber speed to respond to the pandemic's impact on our communities and on our business …
James Vincent / The Verge:
Over the past year, scientists have renamed 27 human genes because Microsoft's Excel misread their names as dates and changed the formatting  —  Sometimes it's easier to rewrite genetics than update Excel  —  There are tens of thousands of genes in the human genome: minuscule twists of DNA …
Axios:
Report: average congressional district now has about 400 high-tech startups employing around 3.4K workers, with average annual wages of ~$79K  —  The technology sector increasingly underpins the U.S. economy, with signs of its growth becoming more woven into local economies far outside iconic innovation hubs …
More: ZDNet
Kim Lyons / The Verge:
TikTok launches its first TV app, called More on TikTok, on Amazon Fire TV devices, featuring curated video playlists and compilations from its mobile app  —  More on TikTok will be free and view-only at launch  —  TikTok is launching its first TV app, called “More on TikTok,” on Amazon Fire TV devices today (via Business Insider).
Lauren Feiner / CNBC:
Analysis of hundreds of pages of documents from Facebook, Amazon, Apple, and Google released by the House antitrust committee and what they reveal  —  - Following last week's grilling of the CEOs of Amazon, Apple, Facebook and Google parent company Alphabet, the House Judiciary Committee released …
Manish Singh / TechCrunch:
Google has partnered with India's state of Maharashtra to offer its education offerings to 23M students and teachers for free  —  Google has partnered with one of the largest states in India to provide its digital classroom services to tens of millions of students and teachers …
More: TechRadar
Sergiu Gatlan / BleepingComputer:
Qualcomm patches six security flaws in Snapdragon DSP chip that allowed attackers to take over an Android phone without any user interaction required  —  Several security vulnerabilities found in Qualcomm's Snapdragon chip Digital Signal Processor (DSP) chip could allow attackers to take control …
Troy Hunt:
Troy Hunt says he will be open sourcing the Have I Been Pwned code base  —  Let me just cut straight to it: I'm going to open source the Have I Been Pwned code base.  The decision has been a while coming and it took a failed M&A process to get here, but the code will be turned over to the public …
Tweets: @rohit11 and @troyhunt
Michael Tobin / Bloomberg:
Dropbox reports Q2 revenue of $467.4M, up 16% YoY, paying users up 1.4M YoY to 15M, as CFO Ajay Vashee plans to step down in September  —  Dropbox Inc. reported revenue that beat analysts' estimates, benefiting from increased demand for cloud software amid a shift to working from home due to the coronavirus.

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