Techmeme
December 3, 2020, 8:20 AM

Top News

Casey Newton / Platformer:
Slack's struggles to succeed as a standalone company mirror the fortunes of other one-time innovators in enterprise productivity who struggled with distribution  —  And why the era of worker-centered work tools may be over  —  Slack's life as an underdog darling of Silicon Valley ended on November 2, 2016.
Nikhilesh De / CoinDesk:
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more  —  A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.
Manish Singh / TechCrunch:
PhonePe is partially spinning off, reducing Flipkart's stake from 100% to 87%, and raises $700M led by Walmart at a post-money valuation of $5.5B  —  PhonePe, the crown jewel in Flipkart's acquisition by Walmart, is “partially” spinning off, the financial services firm said on Thursday.
Reuters:
Source: a group of more than 40 US states, led by New York, plans to file an antitrust suit against Facebook next week  —  WASHINGTON (Reuters) - A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit …
More: TGDaily and SlashGear
Nick Statt / The Verge:
Alphabet transitions its navigation system for its fleet of Loon high-altitude balloons to one controlled by AI, a first for commercial aerospace systems  —  The company's new AI flight control system outperforms its human-made one  —  Alphabet's Loon, the team responsible for beaming internet …
Chris Welch / The Verge:
Amazon adds webcam support to the 2nd-gen Fire TV Cube, enabling video calls with Alexa-enabled devices, rolling out in the coming weeks in US, UK, elsewhere  —  Call any Alexa-enabled device with a screen, including smartphones, Fire tablets, and the Echo Show
Zoe Schiffer / The Verge:
NLRB says in a complaint that Google violated US labor laws by spying on workers who organized staff protests before firing two of them in late 2019  —  Company policies violated labor law, according to the complaint  —  Google violated US labor laws by spying on workers …
Wall Street Journal:
Lily Hay Newman / Wired:
A look at MANRS, a group of ~600 participants including Google, which aims to add safeguards to the Border Gateway Protocol, improving internet routing security  —  Efforts to secure the Border Gateway Protocol have picked up critical momentum, including a big assist from Google.
Caitlin Dewey / OneZero :
How Americans are using Cash App and Venmo to practice direct giving to one another in a new way, as an alternative to giving through charitable institutions  —  In 2020, Venmoing total strangers in need became a radical act of support — and trust  —  aised in a six-bedroom mansion …
Sean Hollister / The Verge:
Researcher details a zero-click iOS device exploit using Apple's AWDL protocol, now patched, which could have granted access to device hardware and data  —  A Google Project Zero researcher found a stunning vulnerability  —  Ever watch that movie, or play that video game …
Mike Wuerthele / AppleInsider:
Ming-Chi Kuo: Apple to release two new MacBook Pros with an all-new design in 2021 and a more affordable MacBook Air in 2022, all with mini LED panels  —  Apple analyst Ming-Chi Kuo believes that as part of Apple's mini LED push, the company will release a pair of new MacBook Pro models …
Khari Johnson / VentureBeat:
GitHub: JavaScript, Python, and Java remain most popular languages on GitHub in 2020, followed by TypeScript; open source project creation jumped up to 40% YoY  —  GitHub released its annual Octoverse report today to reveal trends found in one of the largest developer communities on the planet …
More: ZDNet
Michael del Castillo / Forbes:
Visa says it's connecting its global network of 60M merchants to the US Dollar Coin, a stablecoin created by Circle Internet Financial on ethereum's blockchain  —  Credit card giant Visa today announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin …
Mike Butcher / TechCrunch:
Bizay, which has created a marketplace for highly customized products for SMBs, raises €32M Series C co-led by Indico Capital and the European Investment Bank  —  Bizay, a marketplace for small-to-medium-sized businesses allowing them to create highly customized products (such as merchandise) …
More: Tech.eu
Anthony Ha / TechCrunch:
Google says News Showcase will soon add free access to select paywalled articles, and it has doubled publisher partners to ~400 since its launch in October  —  Google News Showcase visitors will soon be able to read select paywalled articles at no extra charge.

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More News

Suzanne Vranica / Wall Street Journal:
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Earlier Picks

Byron Tau / Wall Street Journal:
Ingrid Lunden / TechCrunch:
Ashley Carman / The Verge:
Sarah Perez / TechCrunch:
Tony Romm / Washington Post: