A profile of e-commerce company Meesho, which accounts for ~7% of India’s online sales; Apptopia: Meesho was the world’s most downloaded shopping app in H1 2022 (Newley Purnell/Wall Street Journal)

Adam Blacker / Apptopia Blog:
The average July in-app purchase price rose 40% YoY on iOS and 9% YoY on Google Play; Adjust data: iOS IAP prices correlate with the rising cost per install  —  The average price of an in-app purchase (IAP) in the U.S. on the iOS App Store has increased 40% year-over-year (YoY) in the month of July.

Newley Purnell / Wall Street Journal:
Audio: citing security, Meta execs privately told rights groups that a decision “at the highest levels” prevented a more detailed report on hate speech in India  —  Executives at the Facebook parent privately shared with rights groups their disappointment about the sparse report, according to audio recordings

Melissa Repko / CNBC:
Walmart is launching a virtual try-on tool that allows shoppers to see how a clothing item would look on their own bodies without having to visit a store  —  – Walmart is launching a virtual try-on tool to help shoppers see how a shirt, dress or another clothing item would look on their own body.

Newley Purnell / Wall Street Journal:
Hong Kong officials and legislators criticize Google over a pro-democracy song, “Glory to Hong Kong”, appearing among the top results for the national anthem  —  Officials and lawmakers call on company to alter its results page to show China’s national anthem instead of a song made popular by antigovernment protesters

Newley Purnell / Wall Street Journal:
Ye’s Twitter account is suspended after he tweeted a picture of a swastika merged with a Star of David; Elon Musk replied, saying he violated Twitter rules  —  West, who goes by Ye, recently had his account restored after being banned in October  —  Kanye West Offers to Buy Parler Amid Backlash Over Anti-Semitic Posts

Berber Jin / Wall Street Journal:
Accel, Lightspeed, Sequoia, a16z, and other firms are increasingly buying public tech stocks, capitalizing on low prices, as the private startup market stalls  —  Startup investors, known for making risky bets on unproven companies, are taking advantage of lower share prices following a market rout