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- Microsoft plans to skirt Apple’s App Store rules. The firm is set to release a browser-based app for the Xbox Game Pass streaming service next year.
- Facebook removed 200 fake accounts linked to conservative youth group Turning Point USA. The fake accounts spread pro-Trump messages.
- Coinbase is losing 5% of staff after forbidding political discussion at work. Employees had one week to decide if they wanted to take a severance package.
- The UK says there is ‘clear evidence of collusion’ between Huawei and China. A cross-party group of MPs did not offer evidence but pointed to China’s generous subsidies to Huawei.
- Instacart raised $200 million at a $17.7 billion valuation. Instacart’s order volumes have surged as much as 500% year on year during the pandemic.
- European electric scooter startup Tier turned a profit in Q3. Its numbers indicate that scooternomics may not be as unprofitable as critics feared.
- Cloud communications startup MessageBird raised $200 million at a $3 billion valuation. The firm plans to use the fresh funding in part to ramp up its international hiring.
- Election officials are vying for a $250 million donation from Facebook’s Mark Zuckerberg. The donation is to help offset election costs.
- The FBI warned of fake voting websites. The sites look like official voting resources but contain false or misleading information.
- Starlink has enough satellites to launch a high-speed internet beta. Starlink’s goal is to put a constellation of satellites into orbit that can beam high-speed internet to remote parts of Earth.
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Read the original article on Business Insider
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