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February 28, 2019, 8:35 AM
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| Sarah Perez / TechCrunch: |
FTC settles with Musical.ly, now TikTok, for $5.7M, over the app's violation of US child privacy laws; TikTok's app updates with a new UX for users under 13 — A significant FTC ruling issued today will see video app TikTok fined $5.7 million for violating U.S. children's privacy laws …
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Federal Trade Commission, TikTok Newsroom, The Verge, BBC, New York Times, Washington Post, CNN, Wall Street Journal, Music Ally, MediaNama, TechSpot, Hong Kong Free Press HKFP, Geek News Central, Fortune, The Wrap, Engadget, Telegraph, BuzzFeed News, Wired, Boing Boing, The Hill, Digital Music News, Mashable, Tubefilter, PYMNTS.com, USA Today, The Daily Caller, Axios, The Verge, Gizmodo, TechNode, CNET, and epic.org
Tweets: @tlordan, @shiraovide, @joshconstine, @profcarroll, @joshconstine, @mrdylancollins, and @stokel
| Roland Li / San Francisco Chronicle: |
In a letter to the CA government, Apple confirms that 190 employees, including 124 engineers, will be laid off from its self-driving car division on April 16 — Apple will lay off 190 employees in Santa Clara and Sunnyvale in its self-driving car division, the company said.
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Philip Elmer-DeWitt, Inquirer, Business Insider, Silicon Republic, PYMNTS.com, AppleInsider, 9to5Mac, O'Grady's PowerPage, Mashable, Firstpost, SiliconANGLE, Reuters, Cult of Mac, iPhone Hacks, SlashGear, Engadget, MacRumors, CNET, iDownloadBlog.com, MAC blog, and Boing Boing
Tweets: @neilcybart, @sfchronicle, @karlhodge, and @chrissyfarr
| The Seattle Times: |
Though Seattle repealed its “head tax”, Amazon says it won't use the 722K sq. ft. in Rainier Square tower it had leased, which would have housed up to 5K staff — The lease was one of the biggest in Seattle history — enough space to hold at least 3,500 employees and perhaps up to 5,000.
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GeekWire, Curbed Seattle, The Real Deal New York, Fox Business, Splinter, KING-TV, Gizmodo, MyNorthwest.com, Financial Times, Fortune, Business Insider, and CNBC
Tweets: @jasonrantz, @cmkshama, @byrosenberg, and @cruickshank
| Connie Loizos / TechCrunch: |
Figure, which uses blockchain tech to provide home equity loans, raises $65M; founded over a year ago by ex-SoFi CEO Mike Cagney, Figure has raised $120M total — Figure, a 13-month-old, San Francisco-based company that says it uses blockchain technology to provide home equity loans online …
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CoinDesk, PR Newswire, Barron's Online, SiliconANGLE, PYMNTS.com, Cointelegraph, The Block, Bloomberg, FinSMEs, and PE Hub Blog. Tweets: @ekp
| Thomas Brewster / Forbes: |
Equipment from Cellebrite, popular with law enforcement for hacking into iOS/Android devices, is selling for $100-$1,000 on eBay; new units usually cost $6,000 — When eBay merchant Mr. Balaj was looking through a pile of hi-fi junk at an auction in the U.K., he came across an odd-looking device.
More:
9to5Mac, Cult of Mac, SlashGear, Softpedia News, Mashable, and AppleInsider
Tweets: @iblametom and @forbes
| Catalin Cimpanu / ZDNet: |
Coinhive, an in-browser Monero miner known for cryptojacking, says it will shut down on March 8, citing the crypto crash and a recent Monero hard fork — Coinhive wanted to be an alternative to classic banner ads but it became malware after constant abuse.| Zack Whittaker / TechCrunch: |
Dow Jones' watchlist of 2.4M high-risk individuals, including current and former politicians, criminals, and terrorists, was exposed on an unsecured AWS server — A watchlist of risky individuals and corporate entities owned by Dow Jones has been exposed, after a company with access …
More:
Security Discovery, IT PRO, CNET, Engadget, DataBreaches.net, and SiliconANGLE. Tweets: @techcrunch
| Roger Cheng / CNET: |
Source: Motorola plans to launch its foldable smartphone, likely a revival of the Razr brand, this summer — Motorola is jumping into foldable phones. And it's likely doing it with one of the most iconic names in the business. — Motorola, a unit of Chinese consumer electronics giant Lenovo …
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Engadget, New York Times, Inquirer, BGR, Phandroid, Android Authority, Gizmochina, MSPoweruser, Pocket-lint, ExtremeTech, Business Insider, XDA Developers, Fortune, Android Police, TechSpot, SlashGear, Droid Life, and The Verge. Tweets: @chrisvelazco. Thanks:@rogerwcheng
| Fred Imbert / CNBC: |
Report: both Uber and Lyft plan to give some of their most-active or longest-serving drivers a cash award with an option to put it toward stock in their IPOs — - Uber's plan would give some drivers either a cash bonus or the option to use that money to buy shares at the IPO price, the report says.
More:
Wall Street Journal and Fortune
| Larry Dignan / ZDNet: |
RightScale 2019 State of the Cloud survey of enterprises and SMBs: Azure adoption grew from 45% to 52%, reaching 85% of AWS adoption, up from 70% last year — The RightScale 2019 State of the Cloud Report from Flexera highlights how enterprises are spending more on cloud computing …
More:
Flexera, BetaNews, Forbes, TechRepublic, CRN, Security Boulevard, InfoWorld, TechRepublic, BetaNews, and diginomica
Tweets: @mdymondyyz, @lawrencehecht, @lawrencehecht, and @lawrencehecht
| Alex Feerst / OneZero: |
Interviews with 15 content moderators from YouTube, Facebook, and other platforms on their day-to-day, how the job has affected them personally, and more — Tech platform trust and safety employees are charged with policing the impossible. They open up to Medium's head of trust and safety.| Mikey Campbell / AppleInsider: |
Strategy Analytics: Apple shipped 22.5M Apple Watch units in 2018, accounting for about half of global smartwatch shipments — Fresh statistics from research firm Strategy Analytics show Apple retained its position as the clear leader in the smartwatch sector, with Apple Watch capturing 51 percent …
More:
9to5Mac, The Verge, MacRumors, Strategy Analytics …, Patently Apple, iPhone Hacks, CNET, Cult of Mac, and Softpedia News
| Kate Rooney / CNBC: |
Square reports Q4 adjusted revenue of $464M, up 64% YoY, 15M Cash App MAUs in Dec. 2018, up from 7M YoY, issues weak Q1 guidance; stock down 6%+ after hours — - Payment company Square reported fourth-quarter results that beat analysts' expectations for earnings and revenue on Wednesday.
More:
Square Investor Relations, Bitcoinist.com, PYMNTS.com, ZDNet, Bloomberg, MarketWatch, Investor's Business Daily, and Cointelegraph
Tweets: @selina_y_wang, @jonerlichman, @delrey, @lamonicabuzz, and @dee_bosa
| Jonathan Stempel / Reuters: |
BlackBerry sues Twitter for allegedly infringing six messaging patents; BlackBerry sued Facebook and Snap in 2018, also alleging messaging patent infringement — (Reuters) - BlackBerry Ltd on Wednesday filed a patent infringement lawsuit accusing Twitter Inc of illegally using technology … | Kyle Wiggers / VentureBeat: |
Paris-based Mirakl, which provides an API-backed ecommerce marketplace for B2C and B2B verticals, raises $70M Series C led by Bain Capital — Mirakl, a Paris-based software company that develops ecommerce solutions for corporate and retail clients, isn't shy about throwing its weight around …
More:
TechCrunch and FinSMEs
| Lauren Feiner / CNBC: |
Box misses Q4 expectations with $163.7M revenue, up 20% YoY and compared to $164.2M estimated, and issues weak Q1 guidance; stock drops 24%+ after hours — - Shares of Box fell as much as 23 percent in after hours trading Wednesday after the company reported its Q4 2019 earnings.| Alexis C. Madrigal / The Atlantic: |
Crowdtangle data: a small number of Facebook Pages created 46% of the top 10,000 posts for or against vaccines, with 20% generated by seven anti-vax Pages — Squelching vaccine misinformation might be easier than the platform makes it seem. — Look up vaccinations on Facebook …
More:
The Guardian, Boing Boing, and NBC News
Tweets: @zeyneparsel, @doritmi, @alexismadrigal, @theatlantic, and @triketora
| Larry Dignan / ZDNet: |
Fitbit reports Q4 net income of $15.4M on revenue of $571.2M and says it sold 13.9M wearables in 2018, down 9% YoY; stock down 14%+ after hours — James Park, CEO of Fitbit, said “we expect our Fitbit Health Solutions revenue growth to accelerate to approximately $100 million and to grow non-device consumer revenue.”
More:
MarketWatch, Fitbit, Inc., and CNBC
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