Wednesday, January 6, 2021

Some Facebook employees say internal forum admins froze comments on at least three threads in which employees discussed removing Trump from the site (Ryan Mac/BuzzFeed News)

Ryan Mac / BuzzFeed News:
Some Facebook employees say internal forum admins froze comments on at least three threads in which employees discussed removing Trump from the site  —  Facebook employees were appalled by President Donald Trump's encouragement of his supporters as they stormed the US Capitol building …



Filing: Poshmark plans to price its IPO between $35 and $39 per share, raising $257.4M and valuing the company at $2.9B at the top of the range (Christine Hall/Crunchbase News)

Christine Hall / Crunchbase News:
Filing: Poshmark plans to price its IPO between $35 and $39 per share, raising $257.4M and valuing the company at $2.9B at the top of the range  —  Poshmark, known for being a social platform to buy and sell fashion and accessories, is moving forward with its initial public offering …



Facebook will remove content supporting violence at the Capitol, including photos and videos of the event, require admin review for group posts, more (Taylor Hatmaker/TechCrunch)

Taylor Hatmaker / TechCrunch:
Facebook will remove content supporting violence at the Capitol, including photos and videos of the event, require admin review for group posts, more  —  After removing a video in which President Trump praised a violent group of his supporters who broke into the U.S. Capitol building …



Facebook bans President Trump from posting for next 24 hours citing two policy violations (Jay Peters/The Verge)

Jay Peters / The Verge:
Facebook bans President Trump from posting for next 24 hours citing two policy violations  —  The company follows Twitter in restricting Trump's presence  —  Facebook has blocked President Trump from posting on the site for 24 hours, the company said Wednesday evening.



Roblox announces a $520M financing round led by Altimeter Capital and Dragoneer at a $29.5B valuation, says it plans to go public soon via direct listing (Ari Levy/CNBC)

Ari Levy / CNBC:
Roblox announces a $520M financing round led by Altimeter Capital and Dragoneer at a $29.5B valuation, says it plans to go public soon via direct listing  —  - Robolox raised $520 million at a $29.5 billion valuation in a financing round led by Altimeter Capital and Dragoneer Investment Group.



Sources: US intel agencies are investigating JetBrains as possible entry point for SolarWinds hackers; JetBrains isn't aware of any investigation or compromise (New York Times)

New York Times:
Sources: US intel agencies are investigating JetBrains as possible entry point for SolarWinds hackers; JetBrains isn't aware of any investigation or compromise  —  Russian hackers may have piggybacked on a tool developed by JetBrains, which is based in the Czech Republic …



[Thread] Twitter says Trump's account will be locked for 12 hours following removal of recent tweets, and further violations will result in permanent suspension (@twittersafety)

@twittersafety:
[Thread] Twitter says Trump's account will be locked for 12 hours following removal of recent tweets, and further violations will result in permanent suspension  —  As a result of the unprecedented and ongoing violent situation in Washington, D.C., we have required the removal of three @realDonaldTrump Tweets that were posted earlier today for repeated and severe violations of our Civic Integrity policy. https://help.twitter.com/...



Tuesday, January 5, 2021

Donald Trump signs order banning transactions with eight Chinese apps including Alipay

U.S. President Donald Trump signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay mobile payment app. The order also names CamScanner, SHAREit, Tencent QQ, VMate which is published by Alibaba Group subsidiary UCWeb, and Beijing Kingsoft Office Software's WPS Office. https://ift.tt/3okEENV

Amazon was fully aware of talks with RIL for sale of retail assets: Future Group CEO Kishore Biyani

"Covid had happened and things did not materialise then. After that, we were in discussion with them (Amazon) through the whole transaction. Even when Reliance was part of the negotiation, they were always aware of that," he added. https://ift.tt/3bbG8pS

Alibaba plans to raise at least $5 billion via dollar bond this month: Sources

Chinese e-commerce leader Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with direct knowledge of the matter said. Depending on investor response, proceeds could reach $8 billion which Alibaba is likely to use for general corporate expenditure, one of the people said. https://ift.tt/3pQJOS2

Facebook Will Add Georgia Back to Political Ad Ban After Runoff Elections

Facebook will again ban political ads in Georgia, after the conclusion of the state's runoff elections. "This is part of our ongoing efforts to reduce the potential for confusion or abuse," Facebook... https://ift.tt/3npuA52

Amazon Seeks to Withdraw Suit Against Maharashtra Navnirman Sena

Amazon moved a Mumbai civil court seeking to withdraw its suit against the Maharashtra Navnirman Sena (MNS) and its chief Raj Thackeray over the party's agitation for the use of Marathi. https://ift.tt/3pSPHhv

Russia 'Likely' Behind SolarWinds Hack: US Intelligence

US intelligence and law enforcement agencies said that Russia was probably behind the massive SolarWinds hack that has shaken government and corporate security, contradicting President Donald Trump,... https://ift.tt/394n2zd

Boat Sees $100-Million Investment From US Private Equity Firm Warburg Pincus

US private equity firm Warburg Pincus has invested about $100 million (roughly Rs. 730 crores) in Boat, the India-based consumer electronics firm said. https://ift.tt/3pMu2aK

Alipay, WeChat Pay Among 8 Chinese Apps Banned in US by Trump Order

US President Donald Trump signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, the White House said. https://ift.tt/3ojy1LK

Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...