Tech Roundup: Pinduoduo's U.S. Entry, Twitter Edit Button & More

[A recurring feature on the latest in Science & Technology.]
  • The Cyberspace Administration of China urges "website platforms to strengthen the construction of technical means, improve traceability capabilities, and punish platform accounts that first publish rumours and false information, depending on the nature of the problem, and strengthen source containment," as part of its efforts to "thoroughly clean up online rumors and false information and create a clean and healthy network environment."
  • Meta's Facebook to shutter Neighborhoods, its Nextdoor-like product to help neighbours connect and share local information, in October, after launching it in May 2021; signs a deal with Qualcomm to produce custom Snapdragon chips optimized for its Quest VR devices.
  • The E.U. publishes draft regulations on smartphone spare parts and battery life, including mandating manufacturers make over 15 parts available to professional repairers for at least five years after a device first goes on sale.
  • The U.K.'s Competition and Markets Authority express concerns over Microsoft's proposed acquisition of game publisher Activision Blizzard; says that "if Microsoft buys Activision Blizzard it could harm rivals, including recent and future entrants into gaming, by refusing them access to Activision Blizzard games or providing access on much worse terms."
  • Social news aggregation and discussion platform Reddit acquires contextual advertising company Spiketrap for an undisclosed amount to improve its ad quality scoring and boost auto-bidding prediction models.
  • Twitter officially begins testing an edit button for select Twitter Blue subscribers, giving users up to 30 minutes to make edits; edited tweets to come with a label that can be tapped to view past versions of the tweets.
  • Apple debuts Xcode Cloud subscriptions for developers for up to $400/month.
  • Google to begin redirect Hangouts users to Chat starting November 1; expands third-party Play Store billing pilot across several countries in Australia, the E.U., India, Indonesia, and Japan.
  • The U.S. Federal Trade Commission (FTC) is reportedly reviewing Amazon's US$ 1.7 billion iRobot takeover to decide if it violates antitrust law and illegally boosts Amazon's connected device market share; to also review its US$ 3.9 billion One Medical acquisition.
  • Retail and entertainment behemoth Amazon quietly introduces a 72-hour delay for all user reviews posted to Prime Video to determine the genuineness of the reviews.
  • The Indian government plans to pilot parallel testing of new electronic devices to speed up safety approvals and reduce the 16-to-21-week certification time.
  • Chinese e-commerce giant Pinduoduo launches its U.S. online shopping site Temu as the company makes its first major push overseas.
  • Apple iPhone's installed base overtakes Android and passes 50% of U.S. smartphones used in Q2 2022, up from 35% in 2019 and the highest since 2007.
  • OnlyFans reports revenue for the year ending November 2021 jumped 160% YoY to US$932 million; creators up 34% YoY to 2.1 million, earning nearly US$ 4 billion, and fans up 128% YoY to 188 million.
  • HPE reports Q3 2022 revenue of US$ 7 billion, up 1% YoY, including Intelligent Edge up 8% YoY to US$ 941 million, HPC & AI up 12% YoY to US$ 830 million, and Compute down 3% YoY to US$ 3 billion.

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