Bloomberg: Sources: Sony has cut PS5 production for this fiscal year by 4M units to ~11M, following production issues with its custom-designed SOC for the new console  —  - Low yields of company´s custom-designed silicon a bottleneck  — Sony facing aggressive pricing from Microsoft´s Xbox team

Russell Brandom / The Verge: In an open letter to CFIUS, Senator Josh Hawley says US should reject Oracle-ByteDance collaboration citing national security grounds, calls for a full sale  —  The deal is ‘completely unacceptable,’ Hawley says  —  Sen. Josh Hawley is publicly calling on the Treasury Department …

Chris Jaffe / YouTube Blog: YouTube says it is launching an early beta of YouTube Shorts, a 15-second video feature, in India  —  - By Chris Jaffe VP of Product Management Sep.14.2020 … YouTube has always been a place to be entertained — from your favorite dance trends, like Evolution of Dance, Roller Skate Dances …

Ron Miller / TechCrunch: Xometry, an online marketplace for companies to find manufacturers with excess capacity, raises $75M Series E, bringing its total raised to $193M  —  When companies need to find manufacturers to build custom parts, it´s not always an easy process, especially during a pandemic.

Leah Rosenbaum / Forbes: AI-based drug discovery company Recursion raises $239M Series D and partners with pharma giant Bayer to develop new treatments for fibrotic diseases  —  Startups that want to leverage artificial intelligence in drug discovery are a dime a dozen in today´s biotech landscape.

Julia Herbst / Fast Company: GitLab, which has an all remote workforce of 1,300+ employees from 67 countries, is advising companies like Twitter on its “radically transparent” working model  —  As 2020´s experiment with working from home turns into something more permanent, GitLab—the world´s largest all-remote company …

Joseph F. Kovar / CRN: IT service company Virtusa to be acquired by Baring Private Equity Asia in an all-cash deal worth about $2B  —  The large global IT services provider will join several other global IT solution providers that are partially or wholly owned by Baring Private Equity Asia.

Maria Bustillos / The Nation: How book publishers are trying to turn the age-old library system into a “reading as a service” operation through their lawsuit against the Internet Archive  —  In a lawsuit against the Internet Archive, the largest corporations in publishing want to change what it means to own a book.

Kaye Wiggins / Financial Times: PE firm EQT to buy Madrid-based property classifieds site Idealista for €1.3B from Apax Partners; Idealista was valued at €235M during its acquisition in 2015  —  Swedish buyout group to buy company for five times the price rival Apax paid five years ago

Sarah Manavis / New Statesman: Goodreads has held on to its dominant spot online despite being nearly unusable, but its reign is now being challenged by competitors, including The StoryGraph  —  On a typical day, a long-time user of Goodreads, the world´s largest community for reviewing and recommending books, will feel like they´re losing their mind.