Techmeme
November 3, 2020, 11:40 AM

Top News

New York Times:
Ant Group's IPO has been suspended in both Shanghai and Hong Kong, after regulators summoned Jack Ma and other executives of the firm  —  The Shanghai Stock Exchange postponed the offering one day after regulators summoned Jack Ma and other executives of the financial technology giant.
Sarah Nassauer / Wall Street Journal:
Walmart ends plans to use Bossa Nova robots to scan shelves, sources say after concerns about shoppers' reactions and seeing similar results from human workers  —  Retailer ends contract with robotics company after seeing similar results from workers grabbing online orders during pandemic
Bloomberg:
Sources: production has ramped up for new 13" and 16" MacBook Pros and a new 13" MacBook Air with Apple Silicon chips but without other major design changes  —  - Company readies MacBook Pros, MacBook Air with in-house chips  — Smaller Mac Pro and iMac with Apple chips also in development
Juli Clover / MacRumors:
BuzzFeed News:
Internal Facebook survey shows only 51% believe Facebook was having a positive impact in the world, down 23% from May and down 5.5% from last year  —  Less than 24 hours before a historic US presidential election day, Nick Clegg, Facebook's vice president of global affairs and communications …
New York Times:
Natalie Gagliordi / ZDNet:
PayPal reports Q3 revenue of $5.46B, up 25% YoY, as it adds 15.2M net new active accounts; Venmo's total processed payment volume rises 61% YoY to $44B  —  PayPal said it processed a record-setting $247 billion in total payment volume during the quarter.  —  PayPal on Monday delivered …
Jemima Kelly / Financial Times:
Monzo and Revolut, which have struggled during the pandemic, have faced a barrage of complaints in recent months from customers who've had their accounts frozen  —  There comes a time in your life that you realise that some of the friends you used to consider good friends aren't actually your true friends.
Sky News:
Sources: UK's NHS COVID app, downloaded 19M times, had the wrong risk threshold and sent warnings to a “shockingly low” number of users about potential exposure  —  The wrong threshold had reportedly been set for the app and was not recording those who were close enough to transmit the virus.
Frederic Lardinois / TechCrunch:
AWS introduces new GPU-equipped P4 instances, powered by Intel Cascade Lake processors and Nvidia's A100 Tensor Core GPUs, offering 2.5x DL performance over P3  —  AWS today announced the launch of its newest GPU-equipped instances.  Dubbed P4, these new instances are launching a decade …

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