PayPal sells ~$7.6B in consumer credit receivables to Synchrony, its partner for PayPal branded credit cards, extends exclusive CC partnership until 2028 (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: PayPal sells ~$7.6B in consumer credit receivables to Synchrony, its partner for PayPal branded credit cards, extends exclusive CC partnership until 2028  —  In November 2017, PayPal announced it had agreed to sell $5.8 billion in consumer credit receivables to Synchrony Financial … from Techmeme https://ift.tt/2u2R0PQ

On Tuesday, Wikipedia Italy set all of its pages to redirect to a statement protesting a July 5 EU Parliament initial vote on changes to copyright law (Rhett Jones/Gizmodo)

Rhett Jones / Gizmodo: On Tuesday, Wikipedia Italy set all of its pages to redirect to a statement protesting a July 5 EU Parliament initial vote on changes to copyright law  —  Last month, members of European Parliament voted to move forward with a sweeping overhaul of the European Union’s copyright laws that critics …… Read More On Tuesday, Wikipedia Italy set all of its pages to redirect to a statement protesting a July 5 EU Parliament initial vote on changes to copyright law (Rhett Jones/Gizmodo)

Sources: Uber and Careem are in preliminary talks to combine their Middle Eastern ride-hailing services (Bloomberg)

Bloomberg: Sources: Uber and Careem are in preliminary talks to combine their Middle Eastern ride-hailing services  —  – Uber seeks majority stake in Middle Eastern rival, sources say  — Careem is raising money at a reported $1.5 billion valuation  —  Uber Technologies Inc. and Careem Networks FZ … from Techmeme https://ift.tt/2KvkPUg

Crunchbase report: in Q2, Chinese startups, including Ant Financial’s round, raised 47% of all reported VC dollar volume vs. 35% for North American companies (Jason D. Rowley/Crunchbase News)

Jason D. Rowley / Crunchbase News: Crunchbase report: in Q2, Chinese startups, including Ant Financial’s round, raised 47% of all reported VC dollar volume vs. 35% for North American companies  —  It’s the first business day of a new financial quarter.  For the Crunchbase News team, that means we’re poring over mountains … from Techmeme… Read More Crunchbase report: in Q2, Chinese startups, including Ant Financial’s round, raised 47% of all reported VC dollar volume vs. 35% for North American companies (Jason D. Rowley/Crunchbase News)

App Annie: Clash of Clans, the App Store’s most-downloaded game, earned $4B+ from July 2010 to May 2018; Facebook, the most-downloaded app, had 700M downloads (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: App Annie: Clash of Clans, the App Store’s most-downloaded game, earned $4B+ from July 2010 to May 2018; Facebook, the most-downloaded app, had 700M downloads  —  Ahead of the 10th anniversary of the iOS App Store on July 11, App Annie has today released a retrospective of the top iOS apps… Read More App Annie: Clash of Clans, the App Store’s most-downloaded game, earned $4B+ from July 2010 to May 2018; Facebook, the most-downloaded app, had 700M downloads (Sarah Perez/TechCrunch)

Facebook’s political ads disclosure rules algorithm blocks ads for lawn-mowing, waxing salons, Walmart, and more that use the words “bush” and “Clinton” (Sarah Frier/Bloomberg)

Sarah Frier / Bloomberg: Facebook’s political ads disclosure rules algorithm blocks ads for lawn-mowing, waxing salons, Walmart, and more that use the words “bush” and “Clinton”  —  Blaine Simons last month paid Facebook to run an ad for his lawn-mowing company, Al Mowit, in Rapid City, South Dakota. from Techmeme https://ift.tt/2z96HKX

India’s IT ministry asks WhatsApp to curb spread of false messages, saying the service “cannot evade accountability” for misinformation that has led to killings (Sankalp Phartiyal/Reuters)

Sankalp Phartiyal / Reuters: India’s IT ministry asks WhatsApp to curb spread of false messages, saying the service “cannot evade accountability” for misinformation that has led to killings  —  MUMBAI (Reuters) – India has asked Facebook Inc-owned WhatsApp messenger to take steps to prevent the circulation … from Techmeme https://ift.tt/2KyYBRm

US provides ZTE temporary authorization through August 1 to continue supporting equipment and consumer devices already deployed (Jacob Kastrenakes/The Verge)

Jacob Kastrenakes / The Verge: US provides ZTE temporary authorization through August 1 to continue supporting equipment and consumer devices already deployed  —  So it can update phones and other equipment  —  The US Commerce Department has temporarily lifted a portion of the ban on ZTE that all-but shut down the company almost three months… Read More US provides ZTE temporary authorization through August 1 to continue supporting equipment and consumer devices already deployed (Jacob Kastrenakes/The Verge)

Source: Uber looked at buying bike-rental startup Motivate before Lyft did but walked away over union issues and the risk city contracts could be in jeopardy (Sara Salinas/CNBC)

Sara Salinas / CNBC: Source: Uber looked at buying bike-rental startup Motivate before Lyft did but walked away over union issues and the risk city contracts could be in jeopardy  —  – An Uber-Motivate deal could have locked in a considerable bike-sharing advantage over Lyft for the ride-hailing pioneer. from Techmeme https://ift.tt/2z7uURN

A Chinese court temporarily bans Micron chip sales in the country, with patent ruling in favor of Taiwanese rival UMC; Micron says no injunction has been served (Bloomberg)

Bloomberg: A Chinese court temporarily bans Micron chip sales in the country, with patent ruling in favor of Taiwanese rival UMC; Micron says no injunction has been served  —  A Chinese court temporarily banned Micron Technology Inc. chip sales, cutting the U.S. company off from the world’s largest … from Techmeme https://ift.tt/2KGHtZ8

Israel-based startup ThetaRay raises $30M Series B to grow its AI-powered cybersecurity business, bringing total raised to around $60M (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Israel-based startup ThetaRay raises $30M Series B to grow its AI-powered cybersecurity business, bringing total raised to around $60M  —  ThetaRay, a big data analytics company based in Hod HaSharon, Israel, today announced that it raised more than $30 million in a funding round led … from Techmeme https://ift.tt/2KNbqDH