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July 13, 2019, 8:10 AM
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| Emily Glazer / Wall Street Journal: |
Sources: in a 3-2 vote, FTC commissioners have approved a record $5B settlement with Facebook over the company's privacy violations — FTC commissioners broke along party lines, 3-2, with the Republican majority lining up to support the pact while Democratic commissioners objected
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Washington Post, Wired, Axios, CNBC, The Verge, BetaNews, Axios, MSPoweruser, AppleInsider, The Hacker News, Neowin, Politico, Business Insider, TechCrunch, KTLA, Vox, Slate, The Daily Dot, TechSpot, Mashable, Variety, Digital Trends, iDownloadBlog.com, Adweek, Tom's Guide, ZDNet, Telegraph, PYMNTS.com, Komando.com, NBC News, Quartz, Newser, Gizmodo, CNN, The Hill, CNET, Android Authority, MacRumors, Engadget, Business Insider, 9to5Mac, Reuters, and Ars Technica
Tweets: @mikeisaac, @realdanstoller, @davidcicilline, @realdanstoller, @pkafka, @mims, @realdanstoller, @ashk4n, @sivavaid, @reckless, @hshaban, @ashk4n, @elibietti, @profcarroll, @senwarren, @mathewi, @robmanuel, @heynottheface, @matthewstoller, @tonyromm, @leojtravis10, @waltmossberg, @joshconstine, @richardjnieva, @cwarzel, @wolfiechristl, @nytopinion, @jason_kint, @rickhholland, @matthewstoller, @geoffreyfowler, @senblumenthal, @sheeraf, @dellcam, @tonyromm, @tonyromm, @shahmiruk, @matthewstoller, @eisingerj, @anildash, @aprilaser, and @deandechiaro
| Cecilia Kang / New York Times: |
Sources: FTC settlement includes more comprehensive oversight of how Facebook handles user data, but no restrictions on how it collects and shares that data — The Federal Trade Commission voted this week to fine Facebook about $5 billion for mishandling users' personal information …
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The Verge, The Register, Howard Lindzon, Inc42 Media, Business Insider, BBC, Marketing Land, and TechCrunch
| Julia Carrie Wong / The Guardian: |
Critics say the FTC's $5B settlement with Facebook is a “parking ticket” to the company, which had more than $15B in revenue in the first three months of 2019 — The $5bn fine would be the largest ever levied by the Federal Trade Commission against a technology company
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VentureBeat, Business Insider, and Boing Boing
Tweets: @ideafaktory, @caseynewton, @joshelman, @ariezrawaldman, @czedwards, and @johnwilson
| Megan Rose Dickey / TechCrunch: |
Bird CEO says the company makes $1.27/ride on its new Bird Zero scooters, which make up 75% of the fleet, says $100M loss was a one-time accounting write-off — Bird has positive unit economics, CEO Travis VanderZanden said Friday in fiery response to a report from The Information …
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Medium. Tweets: @travisv, @travisv, @travisv, @travisv, @travisv, @brianmcc, @amir, @thestalwart, @kevinroose, @davidsacks, @rmac18, @msuster, @coryweinberg, @adamsinger, and @tylertringas
| Richard Lawler / Engadget: |
Trump says cryptocurrencies including Facebook's Libra are “not money”, need to be regulated, citing their high volatility and facilitation of unlawful behavior — Just hours after a “social media summit,” the president's Twitter account posted a thread aimed at, of all things, cryptocurrency.
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HackerNoon.com, Ethereum World News, CryptoSlate, Data Driven Investor, Wall Street Journal, NewsBTC, Micky, The Next Web, NBC News, Hacked, Crypto.IQ, Slate, Tony Sheng, PaymentsSource, MIT Technology Review, Trustnodes, USA Today, Business Insider, InsideBitcoins.com, PYMNTS.com, BitcoinExchangeGuide, Crowdfund Insider, Off The Chain, Bloomberg, CCN Markets, Bitcoin News, BGR India, TechSpot, CryptoGlobe, The Daily Dot, Bitcoinist.com, Cointelegraph, and Finextra Research Headlines
Tweets: @realdonaldtrump, @realdonaldtrump, @realdonaldtrump, @brian_armstrong, @tonyromm, @buydigibyte, @peterschiff, @justinsuntron, @jespow, @officialmcafee, @arrington, @erikvoorhees, @benshapiro, @kimdotcom, @michaelmalice, @erikvoorhees, @jerrybrito, @nathanielpopper, @arrington, @ceterispar1bus, @ncweaver, @matthew_d_green, @thestalwart, @steventdennis, @warrendavidson, @mikejcasey, @aarondklein, @thekenyeung, @reckless, @reckless, @matthewstoller, @laurashin, @kyletorpey, and @jyarow
| Taylor Lorenz / The Atlantic: |
Less than a year after TikTok's US launch, the popularity of its stars at VidCon shows that it's poised to dominate the American social media landscape — Anaheim, Calif.—Last night, YouTube hosted its annual VidCon party, in one of the Anaheim Convention Center's large halls …
Tweets: @taylorlorenz and @rachgutman
| Amber Neely / AppleInsider: |
Hulu, which removed support for 4K content in early 2018, brings back the feature for Hulu Originals, starting with Apple TV 4K and Chromecast Ultra — After quietly removing the feature in 2018, Hulu has brought back 4K to their streaming service —this time, exclusively to the Apple TV 4K and the Chromecast Ultra.
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The Streamable, The Verge, Engadget, TechCrunch, TechSpot, Digital Trends, CordCutters, Neowin, Cult of Mac, MacRumors, and Cord Cutters News
| Mary Jo Foley / ZDNet: |
Microsoft, after an outcry by many of its reseller partners, now says it will not charge them for internal use of the company's products and services — Microsoft is not going to eliminate internal use rights for partners who've been using software obtained as part of Microsoft's partner-program benefits … | Ingrid Lunden / TechCrunch: |
Amazon expands Transparency, its program to fight counterfeits by marking products with a QR-style code, to Europe, India, and Canada — Amazon is no stranger to the nefarious forces of e-commerce: fake reviews, counterfeit goods and scams have all reared their heads on its marketplace …
More:
Amazon.com, Inc., Zee Business, The Asian Age, Fox News, PYMNTS.com, and MediaNama
| Katie Hafner / New York Times: |
Fernando Corbató, a Turing Award recipient whose work on time-sharing systems paved the way for the PC, as well as the computer password, dies at 93 — Fernando Corbató, whose work on computer time-sharing in the 1960s helped pave the way for the personal computer …
Tweets: @rodneyabrooks
| Aaron Sankin / Gizmodo: |
Investigation finds 151 tech companies, including GoDaddy, Cloudflare, Google, and Amazon, offering hosting, DNS, or CDN services to sites spreading hate speech — This week, we're looking at the state of free speech on the internet, how we got here, and where we're going.
Tweets: @fightextremism, @randfish, @nickmartin, @nickmartin, @russpitts, and @asankin. Thanks:@jstrauss
| Louise Matsakis / Wired: |
A look at Life360, a location-sharing app aimed at families, and conversations with teens who installed the app and their concerns about privacy and autonomy — SPEND ENOUGH TIME on the social media app TikTok, and you're bound to see a Life360 meme. That's because Life360 …
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Boing Boing
| Wall Street Journal: |
A look at how many founders and early-startup executives wrestle with issues like anxiety, drug addiction, insomnia, depression, and binge eating — The swashbuckling creativity that drives many entrepreneurs often comes with inner demons; on IPO day, dread and a cold wet suit
Tweets: @scottmaustin, @saraheneedleman, and @shalini
| Karen Weise / New York Times: |
How companies like Kenworth, ZF, and Team Inc., are using HoloLens and Microsoft Teams for employee training, and communication with frontline workers — CHILLICOTHE, Ohio — When Toby Bouska Jr. started assembling cabs for Kenworth semitrucks last year, he learned the ropes by observing longtime workers at the factory.
Tweets: @shiraovide, @sub8u, and @shiraovide
| Adi Robertson / The Verge: |
How the Mastodon community is dealing with the influx of hateful content after Gab migrated to Mastodon's decentralized open source protocol — Over the past few years, Mastodon has become the model for a friendlier kind of social network, promising to keep out the hateful or ugly content …
Tweets: @thedextriarchy and @reckless
| Guillermo Jimenez / Decrypt: |
Operator of Bitcoin exchange Bitfunder sentenced to 14 months in jail for fraud and lying to investigators about a hack that cost clients 6,000 BTC in 2013 — Founder and operator of defunct bitcoin exchange Bitfunder gets 14 months jail time for lying to regulators about the loss of more than 6,000 bitcoins.
More:
FinanceFeeds, Cointelegraph, CoinDesk, and The Block
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Aspen Technology acquires Canadian startup Mnubo, which uses AI for IoT data analytics, for CAD$102M
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