Techmeme
December 10, 2020, 2:00 PM

Top News

New York Times:
Legal experts say FTC and state AGs will find it challenging to prove their allegations against Facebook because the standards of proof are formidable  —  The U.S. and states cases against the social network are far from a slam dunk because the standards of proof are formidable.
Jennifer Newstead / About Facebook:
Facebook responds to the FTC and state AGs, saying the lawsuits they've brought forth are “revisionist history” and their antitrust case is unprecedented  —  Billions of people use Facebook's products every day.  To earn their time and attention, we compete fiercely against many other services across the world.
NY State Attorney General:
Federal Trade Commission:
More: New York Times, Federal Trade Commission, AVC, Reuters, On my Om, Wall Street Journal, The Guardian, Slate, HotHardware.com News, Business Insider, The Verge, The.Ink, BIG by Matt Stoller, BuzzFeed News, Los Angeles Times, TidBITS, Protocol, TechSpot, diginomica, Android Police, KnowTechie, Axios, NextPit, XDA Developers, Cointelegraph, Washington Post, Bloomberg, CNN, The Overspill, Pocket Gamer.biz, news.com.au, The Economic Times, Tubefilter, TechCrunch, MakeUseOf, and Financial Times
Kurt Wagner / Bloomberg:
Lauren Feiner / CNBC:
Airbnb opens at $146, up from its $68 IPO price, on its first day of trading after raising $3.5B at a valuation of $47.3B  —  - Airbnb is set to double its share price in its IPO debut on Thursday.  — Shares were priced at $68 on Wednesday and are now expected to reach about $153 when it starts trading.
Reed Albergotti / Washington Post:
Natasha Lomas / TechCrunch:
Germany launches an antitrust probe into Facebook tying Oculus use to possession of a Facebook account  —  Facebook's bad week just got worse: It's being investigated in Germany for linking usage of its VR product, Oculus, to having a Facebook account.  —  The tech giant raised the hackles …
Khari Johnson / VentureBeat:
Catalin Cimpanu / ZDNet:
Adobe has released its final scheduled Flash Player update for all regions outside of mainland China and will block Flash content from January 12  —  Adobe releases final Flash update with stronger language asking users to uninstall the app before its EOL.  —  Adobe has released on Tuesday …
Mitchell Clark / The Verge:
Twitter says iOS users can now add tweets to Snapchat Snaps as stickers and it will soon test sharing tweets to Instagram Stories  —  Twitter continues to take over all social networks  —  Twitter is making it even easier to spread your tweets far and wide to every social media platform imaginable.
Charlie Warzel / New York Times:
Biden staffers say their experiences in dealing with Facebook during the election left them concerned that the company is a threat to the electoral process  —  Inside the battle between Biden and Facebook.  —  Opinion Writer at Large  —  In the days after the election …
Ryan Browne / CNBC:
Google launches knowledge panels in search results to show accurate information about coronavirus vaccines, starting with the UK  —  - Google has launched new knowledge panels to show people accurate information about coronavirus vaccines.  — The feature is only available in the U.K …
Washington Post:
National Weather Service says it has an Internet bandwidth problem and proposes limiting users to 60 connections/minute, which could hurt weather apps and sites  —  Agency floats a solution to problems that could hobble private companies and affect popular weather apps.
Natasha Lomas / TechCrunch:
French data protection agency CNIL fines Google $120M and Amazon $42M for placing tracking cookies without consent  —  France's data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent.  —  Google has been hit with a total …
Steve O'Hear / TechCrunch:
Cleo, creator of an AI-powered financial assistance app and chatbot, raises $44M Series B led by EQT Ventures  —  Cleo, the London founded “financial assistant” that takes the form of an app and chatbot and now counts the U.S. as its largest market, has raised $44 million in Series B funding.
D. M. Moore / Polygon:
AT&T has agreed to sell Japanese anime streaming service Crunchyroll to Sony's Funimation Global Group for $1.18B  —  The move consolidates the anime industry in a major way  —  On Wednesday, Sony Pictures Entertainment Inc. announced that AT&T and WarnerMedia agreed to sell Crunchyroll to Funimation.
Ingrid Lunden / TechCrunch:
Turing, an automated service to vet and match remote software developers with companies, raises $32M Series B led by WestBridge Capital  —  As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform …
Jordan Crook / TechCrunch:
UserLeap, which builds tools to give product managers more qualitative data, raises $16M Series A led by Accel  —  Product managers can only be successful if they can make effective use of both quantitative and qualitative data.  But mapping the former to the latter, and collecting high-quality data …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Celebrate and collaborate this holiday season with Zoho Cliq  —  The holiday season is a time for celebration, relaxation, and reflection.  While some people are busy wrapping presents for their loved ones …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Mon. 12/23 - The Revenge Of Google Glass?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, December 10, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Kaitlyn Tiffany / The Atlantic:

Earlier Picks

Byron Tau / Wall Street Journal:
Jessica Bursztynsky / CNBC: