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Techmeme Latest Headlines

Updated: 58 mins ago

As tech giants renew vows to diversify their workforces, a look at why their efforts have fallen short, especially in retaining new Black and Latinx employees (Bloomberg)

Fawkes, a tool developed by researchers at the University of Chicago, disguises photos with pixel-level changes that confuse facial recognition systems (Kashmir Hill/New York Times)

Alphabet borrowed $10B in its largest ever bond issue from the corporate debt market, which it secured at its lowest-ever cost of financing (Kate Duguid/Reuters)

During the pandemic, users are increasingly turning to charts, infographics, and headlines on Instagram, benefiting accounts that post text-based info (Axios)

With TikTok sale, China will lose control of its first global internet sensation and harden the suspicions inside China that US is sabotaging its tech growth (Wall Street Journal)

YouTube says the number of creators who no longer rely on ads for the majority of their earnings grew 40% between January and May (Bloomberg)

Zoom will halt direct sales to consumers in mainland China, only offering its tech via third-party partners starting Aug. 23 amid scrutiny over privacy concerns (Paayal Zaveri/Business Insider)

China to launch a state-run authentication system in Sept. for game makers to enforce game playing with real names; Tencent and NetEase use their own systems (Masha Borak/South China Morning Post)

Canalys: global Q2 tablet shipments grew 26% YoY to 37.5M, desktop PC shipments fell 26%; iPad shipments grew 19.8% YoY to 14.24M for a leading 38% market share (Jeremy Horwitz/VentureBeat)

Twitter says FTC may soon fine it $250M for using users' email addresses and phone numbers for ad targeting, practice was disclosed in October 2019 (Jacob Kastrenakes/The Verge)

Take-Two Interactive beat expectations in fiscal Q1 with revenue of $831.3M, up 54% YoY, despite not launching any new games during the quarter (Dean Takahashi/VentureBeat)

Another video making Nancy Pelosi seem drunk goes viral; YouTube, Twitter removed versions of it, while Facebook, where it has 2M+ views, adds fact-check label (Donie O'Sullivan/CNN)

[Thread] A look at the correspondence between a hacked US travel management firm, CWT, and the ransomware attackers, who were paid $4.5M in BTC to decrypt files (Jack Stubbs/@jc_stubbs)

Trump says he is fine with the idea of Microsoft buying TikTok in US, but the US government should be paid a "substantial amount of money" as part of the deal (Alex Wilhelm/TechCrunch)

Sources: AGs from NY and CA are partnering with the FTC to investigate Amazon's online marketplace, with plans to interview witnesses in coming weeks (Spencer Soper/Bloomberg)

The FCC will take public comment for 45 days on the Trump administration's petition for new transparency rules on how social media companies moderate content (David Shepardson/Reuters)

Trump says he is fine with the idea of Microsoft buying TikTok in US, but the US government should be paid a "substantial amount of money" as part of the deal (Bloomberg)

Google announces partnerships with six more banks to offer digital checking and savings accounts to Google Pay users in the US, starting next year (Sarah Perez/TechCrunch)

Filings: the DOJ is scrutinizing the takeover of Credit Karma by Intuit, maker of TurboTax, amid concerns that the move would snuff out free tax prep options (ProPublica)

Farmers Business Network raises $250M led by BlackRock, sources say at a valuation of $1.75B, for its agronomic data sharing service (Katie Roof/Bloomberg)

Sources: after suffering a cyberattack that led to service outages, Garmin paid a "multi-million dollar" ransom to hackers using an intermediary called Arete IR (Alexander Martin/Sky News)

Snap says it's working on a feature that will let users set their Snaps to music, similar to TikTok's app, coming to English-language markets this fall (Sarah Perez/TechCrunch)

Pixel 4A review: for $349, it sports 128GB storage, decent battery life, 5.8" 1080p screen, and a flagship-tier camera, great at photos but mediocre for video (Dieter Bohn/The Verge)

Google announces the $349 Pixel 4A, available for pre-order on August 20, $499 Pixel 4A 5G, and Pixel 5, coming later in fall (Dieter Bohn/The Verge)

Democrats offer predictions for Biden's tech policies: nothing too aggressive initially, but the relationship is likely to be less cozy than with Obama (Kyle Daly/Axios)

Microsoft has confirmed discussions to buy TikTok's operations in the US, Canada, Australia, and New Zealand, but hasn't commented on its European presence (Sam Shead/CNBC)

The Content Authenticity Initiative, which includes Adobe, Twitter, and the NYT, releases a white paper detailing an open standard for media authentication (Kyle Daly/Axios)

How ByteDance tried to cross the US-China internet divide with TikTok, offering appeasements to both sides that were undermined by the geopolitical reality (Raymond Zhong/New York Times)

Microsoft acquiring TikTok lets it access younger users growing up with iOS and Android, expand AR and Xbox offerings, and collect data (Tom Warren/The Verge)

Cellular coverage has recently transformed the Inuit community in Canada's remote Nunatsiavut, enabling them to connect and share their culture via social media (Cassandra Brooklyn/Ars Technica)

Sources: President Trump gave Microsoft only 45 days to negotiate its acquisition of TikTok (Reuters)

Sources: Grab is raising $200M from South Korean private equity firm Stic Investments Inc. (Bloomberg)

Apple reportedly removed 26K+ games from its Chinese app store on Saturday, about a month after a deadline for devs to have a government-issued game license (Reuters)

Apple faces a $1.4B lawsuit from Shanghai Zhizhen Network Technology, a Chinese AI firm that was recently awarded a patent for a voice assistant similar to Siri (Liza Lin/Wall Street Journal)

Google says it will invest $450M in smart home security company ADT, which will sell and install Nest smart home products (Manish Singh/TechCrunch)

A deep dive into Microsoft's work on climate change, how big a deal it is among tech companies, what influence it may have, and where it falls short (David Roberts/Vox)

A look at the rise of Jio, which is also a bet on tech nationalism and really one more chapter in Reliance's long history of coopetition with India's government (Byrne Hobart/The Diff)

Sources: behind TikTok's progress toward making a Microsoft deal, with weeks of talks that included US officials, nearly derailed by Trump's public opposition (Wall Street Journal)

Google debuts a Chrome extension to show how many ads are loaded on a web page, what advertisers are involved, and what user data was used for personalized ads (Catalin Cimpanu/ZDNet)

Profile of Twitter hack mastermind Graham Clark, a troubled teen who allegedly went from scamming on Minecraft to joining hacker forum OGUsers and SIM swapping (New York Times)

After a talk between Satya Nadella and Trump, Microsoft says it will continue discussions to explore a purchase of TikTok in US, which will wrap up by Sept. 15 (The Official Microsoft Blog)

Former Intel executive on how Intel achieved dominance in the computer industry after pivoting from memory chips to CPUs and then lost it as smartphones emerged (Michael Bruck/LinkedIn)

Mark Zuckerberg says Facebook is mulling new rules around statements regarding election results including premature claims of victory (Ben Smith/New York Times)

Social video app Triller sues TikTok and ByteDance, claims they infringe on patent covering a way "for creating music videos synchronized with an audio track" (Sarah Perez/TechCrunch)

Mike Pompeo suggests US will take action in the coming days against more Chinese software companies that it perceives as a risk to national security (Aime Williams/Financial Times)

Escalating threats to ban TikTok push creators and users to apps like Triller, which has now topped the US App Store multiple times, plus Byte, Reels, others (Josh Constine/Constine's Moving ...)

TechHub, a co-working space that was once the heart of London's start-up scene, filed for administration (Tim Bradshaw/Financial Times)

Sources: Apple told some landlords of UK stores it wants rent reduction of up to 50% and a rent-free period, offering to extend leases by a few years in return (Sam Chambers/The Sunday Times)

Researchers describe how attackers can sidestep security features of chip-based credit and debit cards from certain banks to create counterfeit cards (Brian Krebs/Krebs on Security)

A look back at the rise of the custom ringtone industry, which had sales of $1.1B at its peak in 2007 before sales shrunk by 97% in the following decade (Gil Kazimirov/OneZero)

AI-generated "textfakes", masked as regular chatter on Twitter and Facebook, can be potentially far more subtle and sinister than deepfake videos or audiofakes (Renee DiResta/Wired)

Several pro sports teams, including Mets and the LAFC, are testing facial-recognition to make entry into stadiums as touchless as possible during the pandemic (Parmy Olson/Wall Street Journal)

IBM report: in 2020, the average data breach costs companies $3.86M to remedy, up 1.5% YoY; "mega" breaches involving 50M+ consumer records can cost up to $392M (Charlie Osborne/ZDNet)

Ad analytics platform Pathmatics: Facebook's top 100 advertisers spent $221.4M from July 1 through July 29, down 12% YoY from the $251.4M they spent in 2019 (New York Times)

Officials say the Trump admin is withholding $20M approved by Congress for the Open Technology Fund, forcing the fund to halt 49 of 60 internet freedom projects (Spencer Hsu/Washington Post)

Facebook complies with an order by the Brazil's Supreme Court to block the accounts of a dozen top allies of President Bolsonaro, says it will appeal the order (BBC)

Berlin-based Everphone, which sells a "mobile as a service" device rental package to businesses, raises ~$40M Series B led by Signals Venture Capital (Natasha Lomas/TechCrunch)

Profile of Netflix's Bela Bajaria, who is leading the company's content growth outside of the US as its VP of local language originals (Elaine Low/Variety)

Sources: Microsoft, which was in advanced talks to buy the US operations of TikTok, has paused negotiations after Trump said on Friday that he opposes the deal (Wall Street Journal)

Vertex, which provides tax software for companies in more than 19,000 jurisdictions globally, raised $401M in its Nasdaq IPO on Tuesday at a valuation of $3B (Luisa Beltran/Barron's Online)

Entertainment Headlines Today

Updated: 58 mins ago

2023: Biafra Agitation and Mischaracterisation of Ndigbo - Thisday

7 Fundamental Reasons To Buy LeonardobySujimoto Now - Linda Ikeji

Adasa Cookey: 10-year journey of a self-taught music video director - New Telegraph

After 14 days of marriage, Nigerian man shares his experience - Kemi Filani

Akeredolu: Is the Ondo Deal Now Sealed - Thisday

Amara Ikechukwu, aiming to be Nigeria's next supermodel - New Telegraph

Artistes line up for Storytime with Funbi Funbi - The Sun

At NDDC, Its Now Contracts Distancing - Thisday

Baby's Back: New 'Dirty Dancing' Movie Confirmed - Channels TV

Battle for Edo - Thisday

Bayern 4-1 Chelsea (7-1 agg): German champions run riot in one sided affair (UEFA Champions League) - Linda Ikeji

Bayern demolish Chelsea to reach Champions League quarter-finals - Ladun Liadi

BBNaija 2020: Everything you probably missed from the Saturday night party - Pulse

BBNaija 2020: Prince tells Tolanibaj he is fed up of the love triangles in the house - Pulse

BBNaija Day 20: Even without Kiddwaya, I will still not date Laycon, says Erica - The Cable

BBNaija: Prince official Instagram account gets hacked - Nigerian Pilot

Benefits of body massage - New Telegraph

Blaming rape victims gives abusers power to continue 'Fast rising singer, Didi - New Telegraph

Breaking: Buruji Kashamu Dies Of COVID-19 - Nigeriafilms

Bring back events 'Comedians, event comperes cry to FG - New Telegraph

Business Mogul, Abdulsamad Rabiu turns 60 - New Telegraph

Celebs who left for greener pastures - Punch

Champions League: Barcelona thrash Napoli to reach quarter-finals - Ladun Liadi

DJ Cuppy warns fans to unfollow ahead of Monaco family Trip - Daily Times

Double dose collection by Jurio Luti - New Telegraph

DOWNLOAD: Tiwa Savage addresses get-rich-quick syndrome in Koroba - The Cable

Etins Record Ltd signs Yarden - The Sun

Ex-Senate President, Saraki celebrates mom at 85 [photo] - Ladun Liadi

Fast-rising artiste, Deribb releases new single Where - The Sun

Former P-Square manager, Howie-T dies of Stroke - Linda Ikeji

How Big Brother Naija Corrupts the Minds of Nigerian Youths - Thisday

How PDP Governors Re-energised Edo Campaign Kick-off - Thisday

I wish there could be someone with his mind in Kidd Waya's body.' ' BBNaija Erica - Nigerian Pilot

I'm Free'' ' 90-year-old man comes out as Gay after decades of 'keeping this secret - Lailas Blog

Id rather be single than a second wife Peju Johnson - Punch

If you DO NOT want to feel tensioned, I suggest you unfollow me!'- DJ Cuppy - Nigerian Pilot

In Edo, the Battle Just Begins - Thisday

Inspiring profile of Dame Maureen Piribonemi Tamuno - New Telegraph

Its hard for actors to practise social distancing Madam Saje - Punch

Its tough growing up because dad, mum werent together Abisoye Alagbe, beauty queen - The Sun

Joel, Eedris, Sound Sultan, others condemn Southern Kaduna killings - Punch

Juventus name club legend Andrea Pirlo as new coach after Maurizio Sarri sacking - Linda Ikeji

KIZZ Daniel Joins League of Street-Owning Celebrities In Haven Homes Estate - Linda Ikeji

Lawal: Flying the 2023 Kite at a Poor Altitude - Thisday

Love: A feeling learnt! - New Telegraph

Maurizio Sarri Sacked As Juventus Coach Following Exit From Champions League - Stella Dimoko Korkus

My heaven on earth', Basketmouth says as he wishes his daughter as she celebrates new age - Nigerian Pilot

My yansh don heal Omohtee declares as she recovers from failed cosmetic surgery (Photos) - Kemi Filani

Nigeria Confirms 453 New COVID-19 Cases, Six More Deaths - Ladun Liadi

Nigerian students give DSS Monday to free arrested #RevolutionNow protesters - Ladun Liadi

Ogun state MOURNS as illustrious son, Senator Buruji Kashamu bows to death - Ladun Liadi

Patek Phillippe rose gold watch costs N158m - New Telegraph

Photos: Osinbajo, wife pay condolence visit to Late Ajimobi's widow in Oyo state - Ladun Liadi

Police is my friend were 5 and 6, says Naira Marley - The Cable

Politicians, not celebs, owe the people Etinosa - Punch

PSquares mentor, Howie-T, is dead - The Sun

Senator Buruji Kashamu Dies From COVID 19 Complications... - Stella Dimoko Korkus

Senator Buruji Kashamu dies of covid-19 - Ladun Liadi

The Housemates gear up for a Lit Weekend with DJ Consequence & Ladipoe on #BBNaija Day 20 - Bellanaija

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