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December 22, 2020, 4:30 PM
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| Wall Street Journal: |
Draft lawsuit filed by ten US states last week says Facebook and Google agreed to “cooperate and assist one another” against possible antitrust action — Draft lawsuit quotes Facebook's Sandberg saying Google pact was a ‘big deal strategically’
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CNBC, Ars Technica, SiliconANGLE, The Verge, CNET, Gizchina, PYMNTS.com, Android Central, coinspeaker.com, AppleInsider, Slashdot, TheStreet, Thurrott, New York Post, Business Insider, Politico, and The Irish Times
Tweets: @rmac18, @tupp_ed, @davidpepper, @hawleymo, @jeffhorwitz, @stshank, @johnbattelle, @jesselehrich, @tonytassell, @mhbergen, @lizzadwoskin, @nickbaumann, @vijayshekhar, @wsj, and @cristinagberta
| Washington Post: |
Sources: in the early stages of US antitrust investigations, Facebook offered to help others build a social networking competitor using its network and code — The company ramped up its lobbying, hired high-powered lawyers and launched a slew of internal initiatives as the government prepared to sue … | Jeff John Roberts / Fortune: |
Ripple CEO says the SEC will file a suit over the alleged sale of unlicensed securities and calls it a parting shot by the Trump administration — Ripple, one of the most important companies in the cryptocurrency industry, said Monday evening that the Securities and Exchange Commission …
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U.S. Securities …, Wall Street Journal, Forbes, Decrypt, CoinDesk, New York Times, Cointelegraph, CNBC, Reuters, NewsBTC, PYMNTS.com, BTCMANAGER, New York Post, Modern Consensus, Financial Times, Crypto Daily, Ethereum World News, Gizmodo, Coin Journal, BitcoinExchangeGuide, Finextra, Trustnodes, Finbold, InsideBitcoins.com, CryptoSlate, CryptoGlobe, Axios, blockchain.news, and The Daily Hodl
Tweets: @bgarlinghouse, @vitalikbuterin, @bgarlinghouse, @yoshitaka_kitao, @nathanielpopper, @kylesamani, @bgarlinghouse, @arrington, @nathanielpopper, @god_of_bitcoin, @caitlinlong_, @nathanielpopper, @nathanielpopper, @quinnypig, @jason, @nouriel, @jason, @ledgerstatus, @jonnymoetrades, @rhhackett, @notgrubles, @stocklizardking, @bradhuston, and @arrington. Thanks:@jeffjohnroberts
| Catalin Cimpanu / ZDNet: |
Three VPNs popular with criminals and active for over a decade have had their servers and web domains seized by law enforcement from US, Germany, France, others — The three VPN services provided safe haven for cybercriminals to carry out ransomware attacks, web skimming operations, spearphishing, and account takeovers.
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Europol, U.S. Department of Justice, BleepingComputer, and Security Affairs
Tweets: @europol, @campuscodi, and @zackwhittaker
| Alex Gallagher / NME: |
The COVID-19 relief bill passed by Congress includes the Felony Streaming Bill, which makes illegal streaming for profit a felony, with up to 10 years jail time — Targeting illegal for-profit streaming providers, not individual users — The US Congress has passed a COVID-19 stimulus bill …
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Hollywood Reporter, The Verge, Techdirt, The Independent, Input, CNN, AFTVnews, Kotaku, TechCrunch, Thom Tillis …, and Mashable
Tweets: @mmasnick, @senthomtillis, and @quinnypig
| Mike Masnick / Techdirt: |
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The Verge, Gizmodo, Fight for the Future, TorrentFreak, and GeekWire
| Dana Mattioli / Wall Street Journal: |
Investigation details Amazon's campaigns over the years to steamroll rivals and partners, including those on its marketplace, sometimes with Bezos' involvement — CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive, and that strand of its corporate DNA is becoming a liability
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The Verge. Tweets: @wsj, @paulpage, @benfritz, @ryan_knutson, @emilyglazer, @stevekopack, @s8mb, @awilkinson, @jeffhorwitz, @repkenbuck, @anthony, @eugenekim222, @katemilani, @quinnypig, and @matthewstoller
| Shoshana Wodinsky / Gizmodo: |
Analysis: of the 60 biggest brands that paused Facebook ads in 2020, only ~10 continue to do so, and some of those have kept spending using other Facebook tools — This past summer, dozens of major brands pulled their ad dollars from Facebook in a protest of the company's handling of the hate speech and disinformation.| Kurt Wagner / Bloomberg: |
Facebook's small advertisers say that the company's inflexible account blocking tools and lack of customer assistance is hurting their businesses — - Marketers find ads still running after losing account access — Social network's automated tools ‘not perfect,’ company says
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BuzzFeed News, Social Media Today, and Ad Age
Tweets: @anomielol, @samharrelson, @mattnavarra, @psawers, @ellismbeh, @cgcmh1, @jeromysonne, and @mattnavarra
| Jennifer Epstein / Bloomberg: |
Biden transition team says Twitter told it current followers of @POTUS won't carry over to Biden, whose @POTUS account will start at zero, a reversal from 2017 — - Followers were transfered to Trump from Obama in 2017 — First lady, press secretary accounts also reset to zero
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Wall Street Journal, The Verge, The Hill, Business Insider, The Daily Dot, Engadget, and TechCrunch
Tweets: @rob_flaherty, @yashar, @jeneps, @bidenwarroom, @joycewhitevance, @timsteno, @jeneps, and @emmakinery
| Electronic Frontier Foundation: |
The US government's proposal for crypto exchanges to collect identity data from users with self-hosted crypto wallets will expand the US' financial surveillance — One of the most important aspects of cryptocurrencies from a civil liberties perspective is that they can provide privacy protections for their users.
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The Coinbase Blog, Kraken Blog, CoinDesk, Decrypt, NewsBTC, Cryptonews, Crypto Briefing, and BitcoinExchangeGuide
| Catalin Cimpanu / ZDNet: |
Group of 19 security firms and tech companies including Microsoft and McAfee form Ransomware Task Force to develop a standard framework to deal with ransomware — The newly-founded Ransomware Task Force will work to put together a standard framework for dealing with ransomware attacks.
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Institute for Security …, Engadget, Neowin, PCMag, MSPoweruser, Tech.co, Windows Central, TechSpot, TechRadar, and infosecurity-magazine.com
Tweets: @security_score and @ist_org
| Laura Kreutzer / Wall Street Journal: |
Mobile app marketing optimization service Liftoff says Blackstone Group has made a majority investment in the company; source: the amount is close to $400M — Liftoff Mobile uses machine learning to help app marketers improve and track performance — Blackstone Group Inc. is betting … | Dave Lee / Financial Times: |
Study: tens of thousands of sellers use Shopify to scam consumers and sell counterfeit goods, with ~21% of sampled merchant sites posing a risk to shoppers — Ecommerce platform's rapid growth during the pandemic has left it exposed to con artists — Tens of thousands of sellers are using … | Matt Day / Bloomberg: |
Amazon says it will delay a planned raise in merchant fees for storing and shipping items until June 2021 in the US, EU, and Japan — - Largest online retailer to hold fees steady in U.S., EU, Japan — UPS, FedEx had already announced shipping price increases
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About Amazon
| Alexander Osipovich / Wall Street Journal: |
SEC approves NYSE's plan to let companies raise capital and issue new shares via direct listings, potentially helping startups save on bank fees — Proposal lets companies raise capital through direct listings — The Securities and Exchange Commission will allow companies … | Reuters: |
Lidar sensor manufacturer Ouster says it will go public through a SPAC, raising up to $200M at a valuation of ~$1.9B, the fifth lidar manufacturer to do so — (Reuters) - Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, said on Tuesday it has agreed … | Jessica Bursztynsky / CNBC: |
IAC says it plans to spin off its full stake in Vimeo, making it an independent, publicly trade company in Q2 2021; IAC stock rises 13%+ — - IAC announced it is spinning off its full stake in Vimeo. — Vimeo will become an independent publicly traded company after the deal closes, expected in the second quarter of 2021.| Raphael Satter / Reuters: |
Microsoft, Alphabet, Cisco, LinkedIn, GitHub, VMware, and the Internet Association file an amicus brief in support of WhatsApp in the WhatsApp v. NSO Group case — (Reuters) - Tech giants Microsoft, Alphabet , Cisco, and VMware on Monday joined Facebook's legal battle against hacking company NSO … | Paul Page / Wall Street Journal: |
Logistics startup project44, which helps companies track shipments and spot issues, raises $100M Series D led by Insight Partners — Latest funding round will support expansion of the company's visibility platform, boosting its services and geographic reach on the way to possible public offering
More:
PYMNTS.com and Chicago Business Journal
| Simon Parkin / New Yorker: |
Q&A with Nintendo designer Shigeru Miyamoto on what excites him about his work, his strengths and weaknesses as a boss, avoiding abuse of power, ambitions, more — The legendary designer on rejecting violence in games, trying to be a good boss, and building Nintendo's Disneyland.
Tweets: @williams_paige, @newyorker, @polimayo, @ign, @mobymartin, @langealexandra, @wallelawal, @jamie_ful, @simonparkin, @panzer, @ghoulyboy, @cvanduyn, @knowsworthy, @jordanlkim, @ermonacelli, @genepark, @yumecaty, @chapperschapman, @pavanrajam, @nomoredaniels, @amandalkirk, @dylancuthbert, and @beenisch
| New York Times: |
Sen. Ron Wyden says the US Treasury Department acknowledged that its email system used by senior leadership was breached by SolarWinds hackers beginning in July — The disclosure was the first acknowledgment of a specific intrusion in the vast cyberattack.
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CNBC, Bloomberg, Engadget, TechSpot, The Hill, Fox News, CNET, CyberNews, Politico, The United States …, and SlashGear
Tweets: @davidgura, @ronwyden, @nytpolitics, @carriecordero, @kylegriffin1, @vickypjward, @nytimes, and @nytimes
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