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November 4, 2020, 5:25 PM
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Russell Brandom / The Verge:
Twitter and Facebook labeled a message from Trump alleging election theft; Twitter restricted sharing of the tweet, but Facebook didn't reduce the post's spread  —  Facebook warns tonight's results might not be final, Twitter limits spread  —  After a night in which President Donald Trump …
Sarah Perez / TechCrunch:
Facebook and Instagram add large pop-ups atop feeds telling users that no presidential election winner has been declared, after Trump prematurely claims victory  —  Facebook and Instagram are running notifications in their respective apps informing U.S. users that the winner …
Alex Wilhelm / TechCrunch:
Apple, Microsoft, Facebook, Amazon, and other tech stocks rally with Nasdaq up 4.4%+ as vote counting continues across swing states  —  Update: The Nasdaq Composite is now up 4.45% and SaaS and cloud stocks up a simply massive 6.7%.  Whatever was driving the rally this morning appears to be still at it in the early afternoon.
Wall Street Journal:
Facebook clarifies its rules and says it will allow premature victory declarations in individual states but not for the presidential election  —  Facebook Inc. has clarified its rules and said it won't flag President Trump or any other individual who declares victory for a candidate in battleground states before votes are counted.
Ellen Huet / Bloomberg:
California sides with Uber, Lyft, DoorDash, and others on Prop 22, exempting the companies from having to reclassify workers as employees  —  Gig economy giants including Uber Technologies Inc., Lyft Inc. and DoorDash Inc. have won their effort to pass a hotly contested ballot measure …
The Information:
Two senior executives at Lyft, in charge of strategic initiatives and design, respectively, are leaving the firm on the eve of California's vote on Prop 22
Richard Lawler / Engadget:
Massachusetts voters pass a right-to-repair expansion governing vehicle data, preventing manufacturers from locking out third parties  —  One election night issue that has appears to have an answer already is the passage of Question 1 in Massachusetts, which asked voters …
Ashley Gold / Axios:
FCC says T-Mobile will pay a $200M fine to settle claims Sprint was illegitimately drawing excess subsidies from the Lifeline phone program for low-income users  —  T-Mobile will pay a $200 million civil penalty to the U.S. Treasury to resolve an investigation into whether Sprint …
Firat Kozok / Bloomberg:
Source: Facebook, YouTube, Twitter, and TikTok were each fined $1.2M by Turkey for failing to appoint a local representative as required by a new law  —  - YouTube, Twitter, Instagram and TikTok also fined $1.2 million  — Firms failed to appoint a local representative as required
Wall Street Journal:
Sources: Comcast and Walmart to develop and distribute smart TVs together; TVs will run Comcast software and Walmart will promote them with a revenue split  —  Under the terms being discussed, the retail giant would promote TV sets running Comcast software and receive share of recurring revenue
New York Times:
Ant Group says its IPO has been suspended in both Shanghai and Hong Kong, after Chinese regulators summoned Jack Ma and other executives of the company  —  The Shanghai Stock Exchange postponed the offering one day after regulators summoned Jack Ma and other executives of the financial technology giant.
Bloomberg:
Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:25 PM ET, November 4, 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.

From Mediagazer

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV

Brian Stelter / CNN:
As Elon Musk posts memes about buying MSNBC, sources say one liberal billionaire expressed interest in buying the channel; Comcast is not looking to sell MSNBC

More News

Earlier Picks

Washington Post:
DHS and the FBI are investigating a robocall and text campaign warning US voters to “stay safe and stay home”
Michael Potuck / 9to5Mac:
Spotify begins rolling out support for streaming audio from its standalone Apple Watch app
Ashley Carman / The Verge:
Snap now lets creators display their subscriber counts, the first time Snapchat has given users any public-facing metric of their audience or followers
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
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