03 November 2020

Twitter hides Trump tweet attacking Supreme Court’s decision on Pennsylvania ballots


In an election eve preview of what to expect in the coming days, President Trump pushed the limits on Twitter’s election-specific policies Monday night.

In a tweet, Trump railed against the Supreme Court’s decision to allow Pennsylvania officials to count ballots postmarked by Election Day. The Republican Party has waged a brazen legal onslaught against voting rights throughout key states in recent weeks, a cynical effort designed to better the sitting president’s reelection chances.

Twitter pushed back on the president’s false claim about Pennsylvania mail-in ballots, hiding it behind a misinformation warning that calls the tweet “disputed.” Twitter also disabled non-quote retweets, likes and replies for the hidden tweet, which remains viewable but restricted.

Image Credits: Twitter

“The Supreme Court decision on voting in Pennsylvania is a VERY dangerous one,” Trump tweeted. “It will allow rampant and unchecked cheating and will undermine our entire systems of laws. It will also induce violence in the streets. Something must be done!”

Facebook did not remove the reposted message, but did add a label emphasizing the trustworthiness of voting systems. Three hours after it was published, Trump’s Facebook post had collected 63,000 likes and 13,000 comments.


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PayPal details its digital wallet plans for 2021, including crypto, Honey integration and more


PayPal this week laid out its vision for the future of its digital wallet platform and its PayPal and Venmo apps. During its third-quarter earnings on Monday, the company said it plans to roll out substantial changes to its mobile apps over the next year to integrate a range of new features including enhanced direct deposit, check cashing, budgeting tools, bill pay, crypto support, subscription management, buy now/pay later functionality, and all of Honey’s shopping tools.

While PayPal had spoken in the past about bringing Honey’s capabilities into PayPal, CEO Dan Schulman detailed the integrations PayPal has in store for the deal-finding platform it bought last year for $4 billion, as well as a time table for both this and the other app updates it has in store.

The Honey acquisition had brought 17 million monthly active users to PayPal. These users turned to Honey’s browser extension and mobile app to find the best savings on items they want to buy, track prices and more.

But today, the Honey experience still remains separate from PayPal itself. That’s something the company wants to change next year.

According to Schulman, the company’s apps will be updated to include Honey’s shopping tools like its Wish List feature that allows you to track items you want to buy, price monitoring tools that alert you to savings and price drops, plus its deals, coupons and rewards. These tools will become part of PayPal’s checkout solution itself.

That means the company will be able to track the customer from the initial deal-hunting phase where they’re indicating their interest in a certain product, target them with savings and offers, then guide them through its checkout experience all in one place.

PayPal will also provide “anonymous demand data” to merchants based on consumer engagement with Honey’s tools to help them drive sales, the company said.

What’s more, PayPal put timeline on the Honey integrations and the other updates it plans to roll out over the course of the next year.

Bill Pay will start to roll out this month, PayPal said, with a large redesign of the digital wallet experience expected for the first half of 2021. Much of the new functionality will be arriving in the second quarter and the second half of the year, with a goal of having the majority of the changes rolled out by the end of next year.

This also includes PayPal’s plans for cryptocurrencies, announced at the end of October. The company aims to support Bitcoin, Ethereum, Bitcoin Cash and Litecoin at first, initially in the U.S.

Speaking to investors during the earnings call, Schulman also noted when PayPal plans to bring crypto to more users and geographies. He said the ability to buy, sell and hold cryptocurrencies will first arrive in the U.S., then will roll out to international markets and the Venmo app in the first half of next year. (Currently, PayPal is offering U.S. users to join a waitlist for the new crypto features in-app).

Image Credits: PayPal

This change will allow PayPal’s users to shop using cryptocurrencies across the company’s 28 million merchants without requiring additional integrations on merchants’ part. The company explained this is due to how it will handle the settlement process, where users will be able to instantaneously transfer crypto into fiat currency at a set rate when checking out with PayPal merchants.

PayPal also recently joined the “buy now, pay later” race with its new “Pay in 4” installment program that lets consumers split purchases into 4 payments. This debuted in France ahead of its late August U.S. launch and has since rolled out to the U.K. (as Pay in 3). This too, will become more integrated into the company’s apps in the months ahead.

Venmo — which the company expects to reach $900 million in revenues next year — will see the expansion of business profiles, and will gain crypto capabilities, more basic financial tools and shopping tools, as well as a revamp of the “Pay with Venmo” checkout experience.

Schulman referred to the company’s plans to overhaul its Venmo and PayPal apps as a “fundamental transformation,” due to how much new functionality they will include as the changes roll out over the next year as well as the new user experience — basically, a redesign — that will allow people to move easily from one experience to the next instead of having to change apps or use a desktop browser, for example.

PayPal’s earnings hadn’t excited Wall St. investors this week, sending the stock down on its lack of 2021 guidance. But the year ahead for PayPal’s digital wallet apps looks to be an interesting one.

 


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Mobile Betting Apps Give A Major Edge To Sports Betting Enthusiasts – Know-How


In previous years, placing a bet required a person to reach out to any bookmaker, and they had to wait for their turn. It was indeed time-taking. However, today advanced technology is making everything better and easier for everyone. Thanks to the internet, now you can place bets online anytime and anywhere. If you have […]

The post Mobile Betting Apps Give A Major Edge To Sports Betting Enthusiasts – Know-How appeared first on ALL TECH BUZZ.


What social networks have learned since the 2016 election


On the eve on the 2020 U.S. election, tensions are running high.

The good news? 2020 isn’t 2016. Social networks are way better prepared to handle a wide array of complex, dangerous or otherwise ambiguous Election Day scenarios.

The bad news: 2020 is its own beast, one that’s unleashed a nightmare health scenario on a divided nation that’s even more susceptible now to misinformation, hyper-partisanship and dangerous ideas moving from the fringe to the center than it was four years ago.

The U.S. was caught off guard by foreign interference in the 2016 election, but shocking a nation that’s spent the last eight months expecting a convergence of worst-case scenarios won’t be so easy.

Social platforms have braced for the 2020 election in a way they didn’t in 2016. Here’s what they’re worried about and the critical lessons from the last four years that they’ll bring to bear.

Contested election results

President Trump has repeatedly signaled that he won’t accept the results of the election in the case that he loses — a shocking threat that could imperil American democracy, but one social platforms have been tracking closely. Trump’s erratic, often rule-bending behavior on social networks in recent months has served as a kind of stress test, allowing those platforms to game out different scenarios for the election.

Facebook and Twitter in particular have laid out detailed plans about what happens if the results of the election aren’t immediately clear or if a candidate refuses to accept official results once they’re tallied.

On election night, Facebook will pin a message to the top of both Facebook and Instagram telling users that vote counting is still underway. When authoritative results are in, Facebook will change those messages to reflect the official results. Importantly, U.S. election results might not be clear on election night or for some days afterward, a potential outcome for which Facebook and other social networks are bracing.

Facebook election message

Image via Facebook

If a candidate declared victory prematurely, Facebook doesn’t say it will remove those claims, but it will pair them with its message that there’s no official result and voting is still underway.

Twitter released its plans for handling election results two months ago, explaining that it will either remove or attach a warning label to premature claims of victory before authoritative election results are in. The company also explicitly stated that it will act against any tweets “inciting unlawful conduct to prevent a peaceful transfer of power or orderly succession,” a shocking rule to have to articulate, but a necessary one in 2020.

On Monday, Twitter elaborated on its policy, saying that it would focus on labeling misleading tweets about the presidential election and other contested races. The company released a sample image of a label it would append, showing a warning stating that “this tweet is sharing inaccurate information.”

Last week, the company also began showing users large misinformation warnings at the top of their feeds. The messages told users that they “might encounter misleading information” about mail-in voting and also cautioned them that election results may not be immediately known.

According to Twitter, users who try to share tweets with misleading election-related misinformation will see a pop-up pointing them to vetted information and forcing them to click through a warning before sharing. Twitter also says it will act on any “disputed claims” that might cast doubt on voting, including “unverified information about election rigging, ballot tampering, vote tallying, or certification of election results.”

One other major change that many users probably already noticed is Twitter’s decision to disable retweets. Users can still retweet by clicking through a pop-up page, but Twitter made the change to encourage people to quote retweet instead. The effort to slow down the spread of misinformation was striking, and Twitter said it will stay in place through the end of election week, at least.

YouTube didn’t go into similar detail about its decision making, but the company previously said it will put an “informational” label on search results related to the election and below election-related videos. The label warns users that “results may not be final” and points them to the company’s election info hub.

Foreign disinformation

This is one area where social networks have made big strides. After Russian disinformation took root on social platforms four years ago, those companies now coordinate with one another and the government about the threats they’re seeing.

In the aftermath of 2016, Facebook eventually woke up to the idea that its platform could be leveraged to scale social ills like hate and misinformation. Its scorecard is uneven, but its actions against foreign disinformation have been robust, reducing that threat considerably.

A repeat of the same concerns from 2016 is unlikely. Facebook made aggressive efforts to find foreign coordinated disinformation campaigns across its platforms, and it publishes what it finds regularly and with little delay. But in 2020, the biggest concerns are coming from within the country — not without.

Most foreign information operations have been small so far, failing to gain much traction. Last month, Facebook removed a network of fake accounts connected to Iran. The operation was small and failed to generate much traction, but it shows that U.S. adversaries are still interested in trying out the tactic.

Misleading political ads

To address concerns around election misinformation in ads, Facebook opted for a temporary political ad blackout, starting at 12 a.m. PT on November 4 and continuing until the company deems it safe to toggle them back on. Facebook hasn’t accepted any new political ads since October 27 and previously said it won’t accept any ads that delegitimize the results of the election. Google will also pause election-related ads after polls close Tuesday.

Facebook has made a number of big changes to political ads since 2016, when Russia bought Facebook ads to meddle with U.S. politics. Political ads on the platform are subject to more scrutiny and much more transparency now and Facebook’s ad library emerged as an exemplary tool that allows anyone to see what ads have been published, who bought them and how much they spent.

Unlike Facebook, Twitter’s way of dealing with political advertising was cutting it off entirely. The company announced the change a year ago and hasn’t looked back since. TikTok also opted to disallow political ads.

Political violence

Politically motivated violence is a big worry this week in the U.S. — a concern that shows just how tense the situation has grown under four years of Trump. Leading into Tuesday, the president has repeatedly made false claims of voter fraud and encouraged his followers to engage in voter intimidation, a threat Facebook was clued into enough that it made a policy prohibiting “militarized” language around poll watching.

Facebook made a number of other meaningful recent changes, like banning the dangerous pro-Trump conspiracy theory QAnon and militias that use the platform to organize, though those efforts have come very late in the game.

Facebook was widely criticized for its inaction around a Trump post warning “when the looting starts, the shooting starts” during racial justice protests earlier this year, but its recent posture suggests similar posts might be taken more seriously now. We’ll be watching how Facebook handles emerging threats of violence this week.

Its recent decisive moves against extremism are important, but the platform has long incubated groups that use the company’s networking and event tools to come together for potential real-world violence. Even if they aren’t allowed on the platform any longer, many of those groups got organized and then moved their networks onto alternative social networks and private channels. Still, making it more difficult to organize violence on mainstream social networks is a big step in the right direction.

Twitter also addressed the potential threat of election-related violence in advance, noting that it may add warnings or require users to remove any tweets “inciting interference with the election” or encouraging violence.

Platform policy shifts in 2020

Facebook is the biggest online arena where U.S. political life plays out. While a similar number of Americans watch videos on YouTube, Facebook is where they go to duke it out over candidates, share news stories (some legitimate, some not) and generally express themselves politically. It’s a tinderbox in normal times — and 2020 is far from normal.

While Facebook acted against foreign threats quickly after 2016, the company dragged its feet on platform changes that could be perceived as politically motivated — a hesitation that backfired by incubating dangerous extremists and allowing many kinds of misinformation, particularly on the far-right, to survive and thrive.

In spite of Facebook’s lingering misguided political fears, there are reasons to be hopeful that the company might avert election-related catastrophes.

Whether it was inspired by the threat of a contested election, federal antitrust action or a possible Biden presidency, Facebook has signaled a shift to more thoughtful moderation with a flurry of recent policy enforcement decisions. An accompanying flurry of election-focused podcast and television ads suggests Facebook is worried about public perception too — and it should be.

Twitter’s plan for the election has been well-communicated and detailed. In 2020, the company treats its policy decisions with more transparency, communicates them in real time and isn’t afraid to admit to mistakes. The relatively small social network plays an outsized role in publishing political content that’s amplified elsewhere, so the choices it makes are critical for countering misinformation and extremism.

The companies that host and amplify online political conversation have learned some major lessons since 2016 — mostly the hard way. Let’s just hope it was enough to help them guide their roiling platforms through one of the most fraught moments in modern U.S. history.


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Election Impact Score Sheet


Election Impact Score Sheet

Booming edtech M&A activity brings consolidation to a fragmented sector


As the COVID-19 pandemic continues to force teachers, students and parents to adopt new technologies, edtech’s total addressable market has massively grown in the last several months. The shift has urged venture capitalists to pour money into the sector accordingly, ushering a number of startups into the unicorn club.

But maturation doesn’t just mean bigger checks and high-flying unicorns — it also brings exits.

Edtech M&A activity is buzzier than usual: In the last week, Course Hero, a startup that sells Netflix-like subscriptions to students looking for learning and teaching content, bought Symbolab, an artificial intelligence-powered calculator. Saga Education, a tutoring nonprofit backed by Comcast, the Bill & Melinda Gates Foundation and others, acquired math software platform Woot Math. We also saw PowerSchool, which sells a suite of software services to manage schools, scoop up Hoonuit, a data management and analytics tool for educators. Finally, K-12 curriculum company Discovery Education bought K-5 science and stem curriculum upstart Mystery Science.

It’s a lot of news in a short period of time. Luckily, these consolidations offer some directional guidance regarding where some edtech businesses think the future of their industry is headed.

Smart content as a competitive advantage

Content, to an extent, is commoditized. If you can find a free tutorial on Youtube or Khan Academy, buy a subscription to an edtech platform that offers the same solution? The commodification of education is good for end-users and is often why startups have a freemium model as a customer acquisition strategy. To convert free users into paying subscribers, edtech startups need to offer differentiated and targeted content.

The Course Hero and Mystery Science deals show us that edtech businesses are hungry for personalized, targeted content. Course Hero’s acquisition of Symbolab was essentially a deal for more than a decade’s worth of data that captured which math questions students found hardest.

Symbolab is a math calculator that is set to answer over 1 billion questions this year. With each answer, Symbolab adds information to its algorithm regarding students’ most common pain points and confusion. Course Hero, in contrast, is a broader service that focuses on Q&A from a variety of subjects. CEO Andrew Grauer says Symbolab’s algorithm isn’t something that Course Hero, which has been operating since 2006, can drum up overnight. That’s precisely why he “decided to buy, instead of build.”

“It made a lot of sense to move fast enough so it wouldn’t take up multiple years to get this technology,” Grauer said. The deal was made as big companies get in the Q&A game too, he noted. Google acquired homework helper app Socratic in 2019 and Microsoft built Microsoft Solver in the same year.

Discovery Education, a curriculum provider for K-12 classrooms, acquired San Francisco-based K-5 STEM curriculum provider, Mystery Science. Discovery Education has launched a series of other products focused on science education, including Discovery Education Experience, the Science Techbook series and STEM Connect.  However, Mystery Science is largely focused on offering a creative digital solution to science education. The programming, a mix of videos, prompts and projects, cover a range of questions such as, “Where do rivers flow?” and “Could a volcano pop up where you live?” for young students.

Mystery Science CEO and founder Keith Schact explained how his product focuses on kids and educators, while Discovery Education focuses on educators and districts, making the deal feel like a “natural marriage.” Even as edtech goes directly to consumers, Schact remains bullish on the role that institutions play in true adoption of technology.

“You can go straight to teachers and get a certain market share,” he said. “But the institutions still do have a big role.” The founder likened the dynamic to the state of media: With the rise of blogs, you can publish directly and reach an engaged audience, but writers who want a bigger positioning tend to join larger platforms to grow their overall reach. Edtech is the same, in that some startups need an official sign-off from schools before they can reach venture-scale returns.

According to a source familiar with the transaction, Mystery Science was sold for $175 million after only raising $4 million in venture financing.

Using data management and analytics to improve student outcomes

Rocket Lab’s next launch will deliver 30 satellites to orbit – and a 3D-printed gnome from Gabe Newell


Rocket Lab’s next mission will put dozens of satellites into orbit using the launch company’s Kick Stage “space tug,” as well as a 3D-printed garden gnome from Valve Software’s Gabe Newell. The latter is a test of a new manufacturing technique, but also a philanthropic endeavor from the gaming industry legend.

Scheduled for no earlier than November 15 (or 16 at the New Zealand launch site), the as-yet-unnamed launch — Rocket Lab gives all of their missions cheeky names — will be the company’s “most diverse ever,” it said in a press release.

A total of 30 satellites will be deployed using Rocket Lab’s own Kick Stage deployment platform, which like other “space tugs” detaches from the second stage once a certain preliminary orbit is reached and then delivers its payloads each at their own unique trajectory. That’s the most individual satellites every taken up at once by Rocket Lab.

24 of them are Swarm Technologies’ tiny SpaceBEEs, the sandwich-sized communications satellites it will be using to power a low-cost, low-bandwidth global network for Internet of Things devices.

The most unusual payload, however, is certainly “Gnome Chompski,” whose passage was paid by Valve president Newell: a 3D-printed figure that will remain attached to the Kick Stage until it burns up on reentry. The figure, a replica of an item from the popular Half-Life series of PC games, was made by Weta Workshop, the effects studio behind Lord of the Rings and many other films. It’s both a test of a potentially useful new component printing technique and “an homage to the innovation and creativity of gamers worldwide.”

More importantly, Newell will donate a dollar to Starship Children’s Hospital for every viewer of the launch, so you’ll definitely want to tune in for this one. (I’m waiting to find out more from Newell, if possible.)

The launch will also deliver satellites for TriSept, Unseenlabs, and the Auckland Space Institute — the last will be New Zealand’s first student-built spacecraft.

Rocket Lab has worked hard to make its launch platform all-in-one, so prospective customers don’t have to shop around for various services or components. Ideally, the company’s CEO has said, anyone should be able to come to the company with the barebones payload and the rest is taken care of.

Image Credits: Rocket Lab

“Small satellite operators shouldn’t have to compromise on orbits when flying on a rideshare mission, and we’re excited to provide tailored access to space for 30 satellites on this mission. It’s why we created the Kick Stage to enable custom orbits on every mission, and eliminate the added complexity, time, and cost of having to develop your own spacecraft propulsion or using a third-party space tug,” Beck said in the press release.

Rocket Lab recently launched its own home-grown satellite, First Light, to show that getting to orbit doesn’t have be such a “pain in the butt,” as Beck put it then.


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