Alipay has quietly started testing money transfers through WeChat in September, available for a small number of users with a maximum of ~$278 per transfer (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post:
China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth  —  China’s central bank digital currency transactions totalled 100 billion yuan (US$14 billion) from the start of the e-CNY initiative …

Coco Feng / South China Morning Post:
Sources: ByteDance CFO told staff that it has no plans to go public; report: CEO Liang said the company plans to reduce input into noncore businesses  —  TikTok ‘s parent company ByteDance , the world’s most valuable unicorn, has no plans to go public, its chief financial officer told employees …

Jennifer Conrad / Wired:
WeChat, used by millions of Chinese Americans, is one of the main venues for Chinese-language misinformation in the US and may influence the 2022 US midterms  —  Ahead of US midterms, activists are fighting falsehoods circulating in Chinese-language communities that they fear will distort the vote or suppress turnout.

Richard Lawler / The Verge:
Filing: judge puts the Elon Musk v. Twitter trial on hold until October 28 to allow the parties to close their deal, otherwise a November trial date will be set  —  The pending trial between Elon Musk and Twitter is suddenly on hold, as Judge Kathaleen McCormick granted the Musk side’s request for a stay …

Robert McMillan / Wall Street Journal:
Some CSOs say ex-Uber CSO Joe Sullivan did nothing wrong and his trial tests criminal penalties they may face over security lapses or challenges in gray areas  —  Joe Sullivan, a former federal prosecutor, is accused of helping to cover up a security breach, a charge he denies

New York Times:
The trial of former Uber Chief Security Officer Joe Sullivan begins this week over allegedly covering up a 2020 data breach and paying off the hackers  —  Joe Sullivan, Uber’s former chief of security, faces criminal charges for his handling of a 2016 security breach.  His trial this week has divided the security industry.