Nvidia is introducing its next-generation cloud gaming platform, GeForce NOW, which offers GeForce RTX 3080-class gaming online. GeForce NOW RTX 3080 will make available to users what Nvidia describes as “the most powerful gaming supercomputer ever built,” ready to take on Google Stadia and Xbox Cloud Gaming’s xCloud. Nvidia founder and CEO Jensen Huang said the company has spent the past decade improving GeForce NOW cloud gaming “to bring the best gaming platform to anyone with a computer,” thanks to second-generation GeForce NOW SuperPOD servers. Read more

PayPal is on an expansion path according to media reports of an offer to purchase of Pinterest at $70 per share in a $45 billion deal, mostly in stock. PayPal as of its most recent quarterly report, issued July 28, had $311 billion in receipts for Q2. PayPal’s share price fell 5 percent on the news, ending at $258.36 per share Wednesday. The move marks a decisive interest by PayPal to stake its claim in the space where content meets e-commerce. Pinterest, meanwhile, has launched a $20 million Creator Rewards fund and added more video features to its site. Read more

In the wake of a Congressional inquiry regarding the safety of minors using online platforms, Snapchat is preparing to debut “family engagement” tools, according to Snap CEO Evan Spiegel. Speaking at WSJ Tech Live, Spiegel said the features will allow parents greater control as to how children use the service. Spiegel emphasized privacy as built-in to Snapchat, noting “we never market our service to people under the age of 13.” Keen to market to millennials and Gen Zers, Snap also announced this week it’s launching Arcadia, a global creative studio focused on developing augmented reality advertising and experiences for brands. Read more

Samsung used its Galaxy Unpacked Part 2 streaming event to share details of a new Galaxy Z Flip3 5G, Galaxy Buds2 and Galaxy Watch4. Samsung invited users to customize their mobile devices by making design choices on their Galaxy Z Flip3 using the online Bespoke Studio, which provides a 360-degree preview of different color and style combinations. Owners of the Galaxy Z Flip3 Bespoke Edition can sign-up to replace the colors on their device panel, freedom that “allows consumers to express their unique personalities through technology.” Read more

Riding the momentum of Washington hearings and media criticism, legislators are pushing forward various bills to regulate Big Tech. Amy Klobuchar (D-Minnesota) and Chuck Grassley (R-Iowa) led fellow Senators in pushing legislation that would prevent tech platforms from favoring their own products and services, lending weight to efforts already progressing in the House. House Energy and Commerce Committee leaders have put forward their own proposal to prevent social-media companies from boosting circulation of harmful content. At the forefront are initiatives to limit the collection of personal info from minors, as well as restrictions on marketing to children. Read more