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July 30, 2021, 10:00 PM
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| Stephanie Bodoni / Bloomberg: |
In a filing, Amazon disclosed EU privacy regulators fined the company a record $888M for violating GDPR data storage rules in a July 16 decision — - Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group
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Wall Street Journal, Reuters, BBC, The Verge, The Record, BleepingComputer, The Register, TechCrunch, Variety, Mashable, La Quadrature du Net, Android Headlines, Slashdot, Politico, iPhone in Canada Blog, Financial Times, WRAL TechWire, HotHardware.com News, TechSpot, PYMNTS.com, PCMag, SiliconANGLE, Android Central, BGR, Forbes, Gizmodo, The Wrap, CNET, AppleInsider, Engadget, Insider, MSPoweruser, GeekWire, The Mac Observer, and CNN
| Amazon.com, Inc.: |
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GeekWire, Barron's Online, NBC News, PYMNTS.com, Marketing Dive, Financial Times, CNBC, TechSpot, TNW, CNBC, Fast Company, Tamebay, The Guardian, The Register, Reuters, Barron's Online, and Yahoo Finance
| Natalie Wolchover / Quanta Magazine: |
Physicists say they used Google's quantum computer to demo a time crystal, which forever cycles between states without consuming energy, for the first time — Like a perpetual motion machine, a time crystal forever cycles between states without consuming energy.| Russ Mitchell / Los Angeles Times: |
New book claims Elon Musk demanded to be made Apple CEO during Tesla buyout talks in 2016, before Tim Cook cursed and hung up; Musk says he never spoke to Cook — Power Play: Tesla, Elon Musk, and the Bet of the Century — If you buy books linked on our site, The Times may earn a commission …
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Tweets: @elonmusk, @elonmusk, @elonmusk, @markgurman, @markgurman, @elonmusk, @crtrud, @timkhiggins, @trungtphan, @markgurman, @timsweeneyepic, @markgurman, @elonmusk, @rmac18, @somospostpc, @superscientific, @campuscodi, @kantrowitz, @resistbotatwork, @chancehmiller, @hallstephenj, @bzamayo, @mikebeas, @dbreunig, @markgurman, @edzitron, @alex_avoigt, @chancehmiller, @snazzyq, @bonejail, @bizmarkiedesade, @rmac18, @russ1mitchell, @martinsfp, @carnage4life, @timkhiggins, @daniel_rubino, @gerberkawasaki, @anildash, @charlesarthur, @jonyiveparody, @scobleizer, @gartenberg, @chrisbloomstran, @tomgara, @downeastcapital, and @alexyablon
| Reuters: |
SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for companies about the risks they face in China — (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) …
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U.S. Securities …, PYMNTS.com, Protocol, CNN, Blockworks, Financial Times, ZDNet, Axios, Bloomberg, and Reuters
Tweets: @garygensler, @vlajournaliste, @danwwang, @senatorhagerty, and @secgov
| Dan Wang / Foreign Affairs: |
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IP Osgoode and Barron's Online
Tweets: @foreignaffairs, @iandenisjohnson, @charlesmok, @thisissoliman, @danwwang, and @gyude_moore
| Stephen Shankland / CNET: |
Twitter offers bug bounty of up to $3,500 to spot bias in its photo cropping algorithm, which was shown to favor white people over Black people — Twitter has a new way to rid itself of artificial intelligence bias: pay outsiders to help it find problems. On Friday, the short-message app …
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Twitter, The Verge, Livemint, SlashGear, Engadget, Reuters, and fossbytes.com
Tweets: @stshank and @quinnypig
| Tim Perry / HTTP Toolkit: |
Safari's extremely slow pace in adopting popular features and fixing showstopping bugs, and refusal to engage with contentious API proposals, is harming the web — There's been a lot of discussion recently about how “Safari is the new IE” (1, 2, 3, 4, 5). — I don't want to rehash … | Eva Dou / Washington Post: |
China's top court issues new guidelines that hotels, airports, and other commercial venues must get consent from customers to use facial recognition from Aug. 1 — Guo Bing, a law professor in the Chinese city of Hangzhou, liked the zoo enough to purchase an annual pass.
Tweets: @sheenagreitens, @sophiehrw, @noahpinion, and @evadou
| Tom Wilson / Reuters: |
Amid regulatory pressure, Binance says it will wind down its futures and derivatives products in Germany, Italy, and the Netherlands — Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe, a move that comes after unprecedented pressure from regulators.
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Binance, Bitcoinist.com, BitcoinExchangeGuide, Forbes, CoinDesk, Coinspeaker, cryptodaily.co.uk, Cointelegraph, Crypto Briefing, Cryptonews, and The Block. Tweets: @anbessa100
| Eric Seufert / @eric_seufert: |
[Thread] Facebook's future prospects remain strong as the secular rise of digital advertising blunts any headwinds from regulators, Apple, critics, and others — My takeaway from $FB earnings: Facebook will inevitably become the most important company in the lives of most people on Earth for the next 20-30 years. I don't see any credible, extant mechanism that can constrain its growth (1/X)
Tweets: @mchowla, @barryschwartzbw, @chronotope, @johnhuber72, @jongold, @eric_seufert, @pbannist, @qcapital2020, @johnkoetsier, @eric_seufert, @eric_seufert, @eric_seufert, @eric_seufert, @can, @eric_seufert, @eric_seufert, @jowens510, @eric_seufert, @eric_seufert, @jason_kint, @jason_kint, and @jason_kint
| Davey Alba / New York Times: |
A look at the development of an Amazon warehouse in Windsor, CT, where the discovery of multiple nooses on site raises questions about Amazon's responsibilities — The discovery of multiple nooses has set off heated debates about the responsibility of companies and the ability of workers to speak their mind.
Tweets: @daveyalba, @daveyalba, @sominisengupta, @kwameopam, @daveyalba, @daveyalba, and @daveyalba
| Ashley Carman / The Verge: |
In an email to creators, Mark Cuban-funded Fireside, which hosts live audio chats, says it is accepting investments through August from anyone interested — It hasn't even launched publicly yet — The Mark Cuban-funded and co-founded audio app Fireside has yet to publicly launch …
Tweets: @jowyang and @ashleyrcarman
| Telegram: |
Telegram's latest update adds group video calls of up to 1,000 users with 30 simultaneous broadcasts, video messages, screen sharing during video calls, more — This update takes video to the next level. Group video calls now have up to 1000 viewers, video messages record in higher quality … | Igor Bosilkovski / Forbes: |
Modern Animal, a pet care service offering 24/7 telemedicine and a more “intelligent” labor model for veterinarians, raises $40M Series B led by Founders Fund — Veterinary company Modern Animal, cofounded and spearheaded by Under 30 honoree Steven Eidelman, announced today that it has raised $75.5 million.| Chaim Gartenberg / The Verge: |
A look at Intel's dismal 2020, which saw the delay of its 7nm architecture, Apple's switch to Arm-based chips, and the departure of Jim Keller and other execs — In the summer of 2020 Intel seemed poised for triumph. Then it all went wrong. “To put it briefly: Intel blew it,” …
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Creative Strategies. Tweets: @eastdakota, @dimillian, @timsweeneyepic, @tomwarren, @iancutress, and @benbajarin
| Stephan Kahl / Bloomberg: |
Germany to allow institutional funds, which currently manage a total of ~$2.1T, to hold up to 20% of their holdings in Bitcoin and other crypto assets — - Law would let billions of euros flow into crypto assets — Spezialfonds effected currently manage 1.8 trillion euros| Peter Guest / Rest of World: |
As Southeast Asian governments introduce “fake news” laws to fight COVID-19 misinformation, conspiracists thrive on Telegram and other non-public platforms — Singapore's conspiracists thrive on Telegram, while a punk rocker and a former health official drive rumors in Indonesia.
Tweets: @febrofirdaus and @ismailfahmi
| Kurt Schlosser / GeekWire: |
Wyze Labs, which makes devices like smart security cameras, robot vacuums, and smartwatches, raises $110M Series B led by Marcy Venture Partners — Smart-home device maker Wyze Labs has raised $110 million in new funding, GeekWire learned on Friday, boosting the Kirkland … Thanks:@cskuhlman
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