Newslit Daily
Newslit Daily
🪧 Etsy sellers will go on strike
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🪧 Etsy sellers will go on strike

Plus: How Google and Amazon lobby against Big Tech oversight, and more ...

Today’s pick

Etsy sellers will go on strike in April and want customers to boycott. In February, Etsy CEO Josh Silverman had good news to share with investors: sales and revenue were at an all-time high, sending Etsy stock soaring. At the same time, Silverman had less welcome news for sellers, delivered via email: transaction fees… (Mia Sato / The Verge)


How Google and Amazon bankrolled a 'grassroots' activist group of small business owners to lobby against Big Tech oversight. The Connected Commerce Council, which pitches itself as a grassroots movement representing small business owners, is actually a well-financed advocacy group funded by tech heavy hitters Google and Amazon. (Eamon Javers / CNBC)


People are sending 7 billion voice messages on WhatsApp every day. To mark the milestone, WhatsApp is introducing a host of new features and refinements, including the ability to pause a voice note recording and then getting back to it later. (Manish Singh / TechCrunch)


Apple Working to Bring More Financial Services In-House. Apple Inc. is developing its own payment processing technology and infrastructure for future financial products, part of an ambitious effort that would reduce its reliance on outside partners over time, according to people with knowledge of the… (Mark Gurman / Bloomberg)


SoftBank to slow investments following crash in tech holdings. SoftBank founder Masayoshi Son has warned his top executives of the need to slow down further investments, as the world's largest tech investor scrambles to raise cash amid a rout in tech stocks and regulatory crackdown in China. (Antoni Slodkowski, Miles Kruppa, Arash Massoudi and Ryan McMorro / Financial Times)


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