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November 24, 2020, 9:45 PM
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memeorandum
WeSmirchTop News
| New York Times: |
Sources: after the election, Zuckerberg agreed to temporarily tweak Facebook's algorithm to make authoritative news like CNN and NYT appear more prominently — Employees and executives are battling over how to reduce misinformation and hate speech without hurting the company's bottom line.
More:
New York Times, New York Times, The Verge, Gizmodo, Washington Examiner, Vanity Fair, The Wrap, Input, Reclaim The Net, Forbes, Business Insider, CNET, and Daring Fireball
Tweets: @kevinroose, @kevinroose, @binarybits, @kevinroose, @sheeraf, @justinhendrix, @electproject, @kevinroose, @mollyjongfast, @jacknicas, @jeffhauser, @jesselehrich, @ekp, @econ_marshall, @colinjones, @natesilver538, @cat_zakrzewski, @can, @puiwingtam, @politicussarah, @melissaryan, @alexhern, @davidakaye, @benshapiro, @ekp, @jacknicas, @blackamazon, @hawleymo, @juddlegum, @mcclure111, @nytimestech, @mattzeitlin, @jacknicas, @adamserwer, @schwanksta, @jacknicas, @alexhern, @jacknicas, @marklittlenews, @sheeraf, @scottmaustin, @jason_kint, @shiraovide, @daveyalba, and @avaaz
| Alex Heath / The Information: |
Sources: since 2018, over 110,000 government officials and candidates have been on a Facebook whitelist that prevented them from being fact checked — During a September 2019 speech in Washington, D.C., Facebook's global policy and communications chief Nick Clegg gave an ardent defense …
Tweets: @rmac18, @markos, @amir, @jason_kint, @davelevitan, @brchastain, @theinformation, @evelyndouek, @alexeheath, @jeffbercovici, @rmac18, @alexeheath, @elijsanders, @nickwingfield, and @digiphile
| Sarah Perez / TechCrunch: |
Twitter says it will relaunch account verifications in early 2021 for six categories, including news, companies, and government officials, and asks for feedback — Twitter announced today it's planning to relaunch its verification system in 2021, and will now begin the process …
More:
Twitter, help.twitter.com, The Verge, Engadget, iMore, Mashable, Android Police, The Economic Times, 9to5Mac, BetaNews, SlashGear, Social Media Today, NPR, CNET, Apple Terminal, and Input
Tweets: @twittersupport, @kayvz, @ericajoy, @trevorabranch, @amylutz4, @calbucci, @nicholasdeorio, @mep, @caseynewton, @jonworth, @ekp, @fintanytwalsh, @johnswanyt, @thetierzoo, @yashar, @toadsanime, @twittercomms, @jt_teran, @kerrymflynn, @dianelyssa, @ahmed, @sarah_micheleg, @heyitsfranklin2, @carnage4life, @karynspencer, @carnage4life, @iancoldwater, and @hypervisible
| Ashley Gold / Axios: |
YouTube says it barred OANN from posting videos for a week and demonetized its content following a video promoting a phony cure for COVID-19 — YouTube has barred One America News Network from posting new videos for a week and stripped it of its ability to make money off existing content …
More:
Bloomberg, Senator Robert Menendez, Washington Post, NBC News, TechCrunch, Business Insider, Fast Company, The Hill, Engadget, Tubefilter, CNBC, The Guardian, Mashable, The Verge, Input, and New York Times
Tweets: @normative, @mhbergen, @rickhasen, @jenn_elias, @jamisonfoser, @slpng_giants, @nandoodles, @janelytv, @bjmendelson, and @ketanj0
| Nilay Patel / The Verge: |
Interview with Xbox chief Phil Spencer on gaming trends during the pandemic, releasing two consoles at once, xCloud distribution on Android and iOS, and more — The holiday season is always huge for gaming, but this year, it's even bigger: a new console generation has arrived with Microsoft's …
More:
The Verge, New York Times, HotHardware.com News, GamingBolt, Dot Esports, Game Rant, GameSpot, Gamasutra, USgamer.net, IGN, Trusted Reviews, Wccftech, Thurrott, Neowin, OnMSFT.com, Protocol, WinBuzzer, Polygon, SlashGear, Windows Central, Kotaku, and TechRadar
Tweets: @gameleaksrumors, @darthchillash, @shiraovide, @joncomms, @julianamolinaj1, @majornelson, @tomwarren, and @amandafarough
| Colin Harper / CoinDesk: |
Ethereum's “Genesis Day”, the first of four migration phases to the Ethereum 2.0 blockchain, has been set for Dec. 1, after enough funds were secured on Monday — The biggest update in Ethereum's history will begin its first phase on Dec. 1. — Per a tweet by ETH 2. Researcher …
More:
CoinDesk, Bloomberg, Cointelegraph, BitcoinExchangeGuide, decrypt.co, Cointelegraph, and Cryptonews
Tweets: @mikejcasey and @coindesk
| Bloomberg: |
Sources: Stripe is in early funding talks with investors that would value it between $70B and $100B; Stripe was last valued at $36B in April — Financial technology startup Stripe Inc. is in talks to raise a new funding round valuing it higher than its last private valuation of $36 billion …
More:
The Information, Reuters, and The Atlantic
Tweets: @fedporn, @sonalibasak, @katie_roof, @eringriffith, @ricburton, @quinnypig, @caseynewton, @jowens510, @levie, and @rstephens
| Thomas Brewster / Forbes: |
Researchers: Baidu Maps and the Baidu App, with ~1.4B downloads globally, were leaking sensitive user data — Two apps developed by Chinese tech giant Baidu were leaking “sensitive” user data that potentially left as many as 1.4 billion users open to surveillance or cybercrime, researchers claimed on Tuesday.
More:
Unit42, ZDNet, CyberScoop, Dark Reading, SC Media, Threatpost, TechRepublic, Slashdot, and SiliconANGLE
Tweets: @zackwhittaker, @zackwhittaker, @zackwhittaker, and @zackwhittaker
| Sara Fischer / Axios: |
Sources: WaPo is nearing 3M digital subscribers, up 50% YoY; NYT has tripled digital-only subscribers since 2016 to 6.1M — The New York Times and The Washington Post have very different strategies for building the subscription news company of the future. — The big picture … | Rory Jones / Wall Street Journal: |
Sources: Google is laying the groundwork for a fiber-optic network that will connect historical enemies Saudi Arabia and Israel for the first time — New fiber-optic network would connect the historical enemies, avoid Egypt and open a new corridor for internet traffic
More:
Daily Mail, Globes Online, and The Times of Israel
Tweets: @avikaner, @alexfrangos, @jaycuthrell, @fredericl, @saraheneedleman, @unhedgedchatter, @ureshp, @aaschapiro, and @drewfitzgerald
| Mary Ann Azevedo / FinLedger: |
Pay-per-mile auto insurance firm Metromile, which has a consumer app and licenses tech to large insurers, says it's going public via a SPAC at a $1.3B valuation — Metromile offers pay-per-mile auto insurance in addition to licensing its technology to large incumbents| Frederic Lardinois / TechCrunch: |
Big data analytics service Splunk says it will acquire Flowmill, a Palo Alto-based cloud network observability startup, for an undisclosed sum — Data platform Splunk continues to make acquisitions as it works to build out its recently launched observability platform.
More:
ZDNet, Splunk, SiliconANGLE, Channel Futures, and Help Net Security
| Justin Hendry / iTnews: |
Australian government agency IGIS says one or more of the country's intelligence and security agencies collected data related to COVIDSafe contact tracing app — But not decrypted, access or used, IGIS says. — One or more of Australia's key intelligence and security agencies “incidentally” …
More:
TechCrunch and Inspector-General of Intelligence and Security
Tweets: @sanjanah, @zackwhittaker, @glynmoody, @adam_k_levin, @clairegcoleman, @kixes, and @drwaus
| Bloomberg: |
Xiaomi reports Q3 revenue of ~$11B, up 34.5% YoY, with 50%+ sales originating beyond China, as revenue from its Internet of Things division rose 16.1% YoY — - It got more than half revenue from abroad for the first time — Xiaomi is grabbing market share as U.S. sanctions pummel rival
More:
Reuters, Xiaomi, and South China Morning Post
| Adi Robertson / The Verge: |
Court filings show Amazon defeated a lawsuit where eBay had claimed that Amazon coordinated a campaign to poach sellers from its platform — eBay couldn't prove it suffered harm — Amazon has prevailed in a lawsuit claiming it secretly poached eBay sellers.| Tiernan Ray / ZDNet: |
HP reports Q4 net revenue of $15.26B, down 1% YoY, vs. $14.71B est., with sales of notebooks up 18% YoY to $7.4B while desktops dropped by 28% YoY; stock up 5%+ — Results were buoyed by an 18% surge in notebook revenue, especially sales of higher-end systems and Chromebooks.
More:
HP - Home, Silicon Valley Business …, MarketWatch, Barron's Online, Bloomberg, and CNBC
| Natalie Gagliordi / ZDNet: |
VMware reports Q3 revenue of $2.86B, up 8% YoY, vs. $2.81B est., with subscription and SaaS revenue up 44% YoY to $676M, as it raises fiscal year guidance — The company reported Q3 revenue of $2.86 billion, up 8% from a year ago. — VMware delivered better-than-expected third quarter results on Tuesday.
More:
VMware, MarketWatch, SDxCentral, Investor's Business Daily, and TheStreet
| Matt Day / Bloomberg: |
Amazon says it is partnering with the US government's counterfeit watchdog to conduct “targeted inspections” of suspected fake goods at US ports of entry — - Amazon partners with U.S. intellectual property center — Counterfeits a sore spot for shoppers, brands on Amazon
More:
Business Wire, The Verge, International Business Times, WWD, Engadget, CNBC, Business Insider, and PYMNTS.com
| Todd Shields / Bloomberg: |
The FCC affirmed its decision to designate ZTE as a threat to US national security, rejecting ZTE's petition — - Airwaves regulator shows continued tilt against ZTE and Huawei — FCC contemplating formalizing rules to single out suspect gear — The U.S. Federal Communications …
More:
The Hill, phonearena.com, and Reuters
| Sarah Perez / TechCrunch: |
Mobile banking app Current raises $131M Series C led by Tiger Global Management, giving it a valuation of $750M, and touts over 2M members — U.S. challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management.
More:
Fintech Today, Current, FinLedger, and Finextra
Tweets: @current, @naveen, @howardlindzon, @mdudas, @angusdav, @heatherhartnett, and @om
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