Techmeme: Senators to debut a bipartisan bill that would require data firms like Google to show the types of data collected, its uses, and its assessed value, quarterly (Kim Hart/Axios)

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Kim Hart / Axios:

Senators to debut a bipartisan bill that would require data firms like Google to show the types of data collected, its uses, and its assessed value, quarterly — Senators Mark Warner (D-Va.) and Josh Hawley (R-Mo.) will introduce legislation on Monday to require Facebook, Google …

More: SiliconANGLE, 9to5Google, Business Insider, and The Hill

Tweets: @wavesblog, @raju, @profcarroll, and @jason_kint

Samira Sadeque / The Daily Dot:

Ravelry, a social networking site for knitting with ~829K MAUs, bans all posts supportive of the Trump administration, which it claims supports white supremacy — Ravelry, the leading social networking website for knitting activities, banned posts that are supportive of President Donald Trump and his administration.

More: Ravelry, Washington Post, Business Insider, Gizmodo, Mashable, and TechCrunch

Facebook: Pearl Fiber Arts

Tweets: @ravelry, @jvinopal, @ekp, @bryandisagrees, @johnwilson, @kimcrayton1, @kurtschlichter, @nicole_cliffe, @scottgreenfield, @adamholisky, @gabrielrossman, @joycewhitevance, and @jessesingal

Jon Evans / TechCrunch:

Libra may become a global mobile reserve currency for individuals, not institutions, enabling them to receive, save, spend, and exchange a global hard currency — There is so much to write about Libra, and so much which has already been written misses the mark, mostly, I think …

More: ZDNet, The Guardian, Axios, The Guardian, Hacker Noon, and Ethereum World News. Tweets: @mdudas

Marc Hochstein / CoinDesk:

Report: QuadrigaCX CEO transferred customers' funds to his personal accounts on other cryptocurrency exchanges, effectively stealing $200M — QuadrigaCX's late founder and CEO used customers' funds to trade for his own account on other cryptocurrency exchanges, the Canadian firm's bankruptcy trustee said.

More: The Next Web, The Block, Cointelegraph, Bitcoinist.com, NewsBTC, Bloomberg, and CoinGeek

Tweets: @bugdavem, @haileylennonbtc, and @coindesk

Lizette Chapman / Bloomberg:

Stewart Butterfield wanted to return money to investors after his startup Glitch failed, but Accel refused, which led to its 24% stake in Slack at its IPO — Stewart Butterfield wanted to quit and give the money back to investors. They wouldn't let him. — Stewart Butterfield loved the game, but not enough people agreed with him.

Tweets: @thestalwart and @lizette_chapman

David Streitfeld / New York Times:

A look at some egregious cases of counterfeit books sold on Amazon; this year Amazon began listing sales of counterfeit goods as a material risk in SEC filings — SPERRYVILLE, Va. — “The Sanford Guide to Antimicrobial Therapy” is a medical handbook that recommends the right amount …

Tweets: @mobylives, @brianstelter, @bubbaprog, @carmelathetwit, @amazonnews, and @penamerican

Rosie Spinks / Skift:

Major European cities including Paris and Berlin ask the EU to help establish “strong legal obligations” compelling Airbnb to comply with local regulations — Ten European cities have asked the European Union not to grant vacation rental giant Airbnb “carte blanche” in the region.

Tweets: @rafat

Jasper Jolly / The Guardian:

Trainline, a European online bus and train ticketing service, closes up 17% on its first day of trading at ~£2B valuation, after raising £110M in its London IPO — Shares rose by as much as 18% after float bucked the recent trend of weak stock market debuts

More: Independent.ie, Financial Times, and Bloomberg. Tweets: @richardjmurphy

Dan Seifert / The Verge:

Amazon Echo Show 5 review: Amazon's best smart display yet with compact design, bright screen, convenient alarm functions, but no support for Google services — The right size, features, and price make the Echo Show 5 tough to beat — It wasn't that long ago that the idea …

More: TechCrunch and Engadget

Jordan Novet / CNBC:

Microsoft says Flight Simulator, which will be updated after 13 years and available as part of Xbox Game Pass in 2020, will support third-party content — KEY POINTS — Microsoft says it will support third-party content, but some developers weren't told about the update in advance.

More: Neowin and PC Gamer. Tweets: @jordannovet

Alison Griswold / Quartz:

Second Measure: DoorDash overtook Grubhub in both US monthly sales and market share in May; in Q1 2019, Grubhub reported $1.5B in gross food sales, up 21% YoY — After years atop the US food delivery market, Grubhub has been unseated by a Silicon Valley challenger.

Tweets: @alisongriswold

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