Welcome to the Tech Mem Right Home for Thursday, November 19th, 2020.

I'm Brian McCullough. Today, a major strategy pivot for Google Pay might be a big deal, but a minor shift in YouTube monetization is the same old, same old. Apple pays to settle an investigation into iPhone throttling, a firm files for its IPO.

Apple Silicon continues to absolutely wow people.

And by the way, the iPhone 12 Pro Max camera is wing professional photographers.

Here's what you miss today in the world of tech.

Google has unveiled a major redesign for Google Pay for iOS and Android, part of which is a new series of

partnerships with about 11 banks to launch a mobile first bank accounts

service called Plex beginning next year in 2021.

I did not know this, but Google Pay does have about 150 million users in 30 countries

in its five years of existence thus far. So not earth-shattering but not bad either.

This shift in direction and design though signals a shift towards helping people manage their personal finances,

which I think could end up being a huge differentiator for Google Pay.

Forget just about paying, what if Google Pay was more like your personal banker?

Google wants to be its own Challenger Bank, I guess.

Frankly, the more details I read about this,

the more I think this could be a really big deal, quoting Tech Crunch.

Called Plex, these Mobile First Bank accounts will have no monthly fees, overdraft charges, or minimum

balances.

The banks will own the accounts, but the Google Pay app will be the main conduit for managing them.

The launch partners for this are City and Stanford Federal Credit Union.

Quote what we're doing in this new Google Pay App, think of it as combining three things into one, Google Director of Product Management,

Josh Woodward said as he walked me through a demo of the new app. The three things are three

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