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Visa’s Planned Purchase of Plaid Faces Antitrust Scrutiny at the Justice Department - WSJ 27 October 2020

The Justice Department could decide soon whether it will sue to block Visa’s acquisition of Plaid Inc., a firm that provides the technological infrastructure underpinning an array of next-generation financial apps. After spending the better part of the year scrutinizing the deal, the department is concerned it could limit nascent competition in the payments sector, […]

Reddit will allow employees to work from anywhere, going forward | TechCrunch 27 October 2020

Spurred on by the seemingly endless COVID-19 pandemic — and no doubt inspired by similar moves from companies like Twitter — Reddit today announced plans to offer its staff the opportunity to work remotely, going forward. The company announced the move in a blog post today, noting some practical exceptions to the rule, including those […]

Zuckerberg And Facebook Throw The Open Internet Under The Bus; Support Section 230 Reform | Techdirt 27 October 2020

However, the debate about Section 230 shows that people of all political persuasions are unhappy with the status quo. People want to know that companies are taking responsibility for combatting harmful content—especially illegal activity—on their platforms. They want to know that when platforms remove content, they are doing so fairly and transparently. And they want […]

FY21 Q1 - Press Releases - Investor Relations - Microsoft 27 October 2020

• Revenue was $37.2 billion and increased 12% • Operating income was $15.9 billion and increased 25% • Net income was $13.9 billion and increased 30% • Diluted earnings per share was $1.82 and increased 32%

Twitter launches 'pre-bunks' to get ahead of voting misinformation 27 October 2020

Twitter said Monday it would begin placing messages at the top of users’ feeds to pre-emptively debunk false information about voting by mail and election results, an escalation of the tech company’s battle against misinformation.

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