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August 19, 2021, 4:40 PM
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| Lauren Feiner / CNBC: |
FTC files a new antitrust complaint against Facebook, after a judge dismissed the first complaint in June; Facebook has until October 4 to respond — - The Federal Trade Commission filed a new antitrust complaint against Facebook on Thursday. — A federal judge dismissed …
Source:
United States District Court. More:
Federal Trade Commission, New York Times, Ars Technica, Axios, Vox, CNN, PCMag, AppleInsider, New York Post, Gizmodo, Android Central, XDA Developers, Reuters, Hollywood Reporter, Washington Post, and Protocol
Tweets: @fbnewsroom, @ftc, @eric_seufert, @willoremus, @jason_kint, @willoremus, @willoremus, @linakhanftc, @leah_nylen, @johnmarknewman, @chopraftc, @ceciliakang, @janschakowsky, @ceciliakang, @ftc, @eric_seufert, @davidshepardson, @eric_seufert, @jannwolfe, @econliberties, @juliaangwin, @econliberties, and @charlottejee
| The Verge: |
FTC's new suit says Facebook has a monopoly in “US personal social networking services”, distinguishing it from TikTok, and Lina Khan will not recuse herself — FTC chair Lina Khan will not recuse herself from the case — The Federal Trade Commission has filed …
More:
Engadget, Wall Street Journal, The Guardian, Financial Times, SiliconANGLE, PYMNTS.com, NPR, CNET, Associated Press, The Hill, Los Angeles Times, Input, The Wrap, and Financial Times
Tweets: @russellbrandom, @kellymakena, and @reckless
| Lucas Shaw / Bloomberg: |
OnlyFans says it will prohibit users from posting any sexually explicit conduct starting in October, but will allow them to post nude photos and videos — - Popularity of the website has exploded during the pandemic — Many sex workers use OnlyFans to charge customers online
More:
Input, Yahoo Finance, TechCrunch, Gizmodo, Billboard, Engadget, VICE, Insider, Financial Times, dexerto.com, Mashable, GameRevolution, KnowTechie, and Gizmodo
Tweets: @danprimack, @taylorlorenz, @conorsen, @raewitte, @film_girl, @danprimack, @the_dankknight7, @danprimack, @calbucci, @morrisatlarge, @morrisatlarge, @morrisatlarge, @rmac18, @reckless, @allahliker, @theferocity, @mikeelgan, @aella_girl, @cathyreisenwitz, @alyssabereznak, @martinsfp, @ashleevance, @ericnewcomer, @jasminericegirl, @film_girl, @normative, @mattwallaert, @carnage4life, @ryanlawler, @caseynewton, @panzer, @steinkobbe, @jasoncwarner, @daveleeft, @danprimack, @kcifeanyi, @jason_koebler, @film_girl, @mgsiegler, @the_mckern, @emilydreyfuss, @panzer, @kenlowery, @daiwaka, @snipeyhead, @caseynewton, @film_girl, @motherboard, @russbengtson, @film_girl, @jasondashbailey, @quinnypig, @panzer, @alex, @killedbygoogle, @mikejjennings, @panzer, @panzer, @parkermolloy, @jhweissmann, @theericgoldman, @teroterotero, @caseynewton, @zackfox, @boneread3r, @kimberlynfoster, @deray, @brosandprose, @morganjerkins, @mikeisaac, @danprimack, @rmac18, @caseynewton, @lucas_shaw, @mathewi, @panzer, @lucas_shaw, @rmac18, @stevekovach, and @rmac18
| Dan Primack / Axios: |
Sources: OnlyFans is struggling to find investors, possibly due to hosting adult content; Pitch Deck shows it predicts $5.9B GMV in 2021 and $1.2B net revenue — OnlyFans, the online creator platform known for its adult content, is struggling to find outside investors, according to multiple sources.
More:
The Verge, Axios, The Hill, BuzzFeed News, and Insider
Tweets: @danprimack, @azeem, @danprimack, @danprimack, @cindygallop, @pitdesi, and @adamcrafton_
| Alex Heath / The Verge: |
Facebook announces Horizon Workrooms, a virtual meeting space with avatars, spatial audio, a whiteboard, and more, in beta on Oculus Quest 2 — It wasn't long into a recent press briefing I attended in virtual reality when Mark Zuckerberg showed up to talk about the metaverse.
Source:
Oculus. More:
CNN, New York Times, Oculus, The Information, Wired, The Guardian, CBS News, Engadget, CNET, TNW, VentureBeat, Fortune, benzinga.com, HotHardware.com News, CNBC, Silicon Republic, SiliconANGLE, BuzzFeed News, The Week, Associated Press, ZDNet, Axios, VRScout, Ed Zitron's Where's Your Ed At, NBC Bay Area, Gizmodo, Pocket-lint, CNBC, Neowin, MSPoweruser, TechRadar, Financial Times, Mashable, Laptop Mag, Bloomberg, and Insider
Tweets: @brianstelter, @facebook, @katienotopoulos, @juliacarriew, @nytimesbusiness, @thedweck, @carlquintanilla, @jaycuthrell, @bryanedwardhill, @aaronhuertas, @grady_booch, @reckless, @minds, @cwarzel, @jamesliamcook, @alexeheath, @kifleswing, @mannyfidel, @yoda, @yoda, @nicholasadeleon, @clarajeffery, @kellymakena, @brooklynmarie, @reckless, @samro, @jetscott, @benedictevans, @jjvincent, @boredelonmusk, @david_j_roth, @danprimack, @maxkennerly, @dmitryopines, @bowknowsbiz, @markdistef, @pilhofer, @kairyssdal, and @mikeisaac
| Wall Street Journal: |
Sources: Amazon plans to open several large physical stores across the US, starting in Ohio and California, to extend its reach in clothing and other areas — Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges
More:
Ars Technica, Gizmodo, CNBC, The Irish Times, Seattle Business Journal, The Guardian, benzinga.com, Redmond Pie, SlashGear, The Hill, GeekWire, Forbes, Engadget, PCMag, New York Post, Tech Xplore, Coinspeaker, Bloomberg, and KnowTechie
Tweets: @retailprophet, @georgemacd, @jwjnational, @laurenthomas, and @cvpayne
| Sean Hollister / The Verge: |
An overview of the most interesting internal emails from the Apple v. Epic trial, including discussions about an “iPhone nano” and lowering App Store fees — In May, the world watched as Epic Games dragged Apple to court, challenging the most profitable company in the world …
More:
The Verge, The Verge, Forbes, Redmond Pie, Patently Apple, iPhone in Canada Blog, AppleInsider, Wccftech, IGN, MacRumors, iDownloadBlog.com, 9to5Mac, and iMore
Tweets: @starfire2258, @alexeheath, and @alexhcranz
| Jordan Novet / CNBC: |
Microsoft says it will raise the prices of commercial Microsoft 365 subscription bundles in March 2022, the first major price change since their 2011 launch — - This is the first major price change for Office 365 since Microsoft launched it in 2011. — Microsoft has also expanded Office …
More:
Microsoft 365 Blog, ZDNet, Windows Central, Bloomberg, Livemint, and Thurrott
Tweets: @tsoh_investing, @stevesi, and @maryjofoley
| Chaim Gartenberg / The Verge: |
Intel details its Alder Lake lineup, coming this fall, which uses a 10nm process and offers hybrid performance and efficiency x86 cores — Coming this fall — Intel has spent much of 2021 announcing plans for its future: a new IDM 2.0 strategy, new naming schemes for its process nodes, and new desktop GPUs.
More:
YouTube, Intel, AnandTech, The Verge, ZDNet, Tom's Hardware, XDA Developers, and Intel
Tweets: @iancutress, @iancutress, @cmuratori, @dcominottim, and @starfire2258
| Ethan Zuckerman: |
Facebook's new report reinforces its narrative that most content on the News Feed is not news, but doesn't provide enough data to make meaningful conclusions — What content is popular on Facebook? — This is a surprisingly difficult - and very important - question to answer.
More:
Washington Post, Washington Post, Galaxy Brain, Brian Boland, Ars Technica, and TIME
| Issie Lapowsky / Protocol: |
Source:
Facebook Transparency Center. More:
Wired, About Facebook, TechCrunch, and BBC
Tweets: @kevinroose, @giladedelman, @andymstone, @alexweprin, @drewharwell, @ognyanova, @wired, and @evelyndouek
| Wolfie Zhao / The Block: |
Coinbase launches Coinbase Japan in partnership with Mitsubishi UFJ Financial Group, initially supporting the five highest-trading cryptocurrencies — Crypto exchange Coinbase is entering the Japanese market through its partnership with Japanese financial giant Mitsubishi UFJ Financial Group (MUFG).
Source:
The Coinbase Blog. More:
Blockworks, Bloomberg, CoinDesk, cryptodaily.co.uk, and blockchain.news
| Nick Statt / Protocol: |
Epic says its Game Store has 58M MAUs, up from 56M at the end of 2020 and 32M in 2019; Steam's Valve had 120M MAUs in 2020 — Epic's Game Store now has 58 million monthly active users, the company announced on Thursday as part of an announcement on its new self-publishing tools.| Sarah Perez / TechCrunch: |
Facebook says it is testing Reels in the News Feed and Groups in the US, after launching the feature in India, Mexico, and Canada earlier this year — Reels are coming to Facebook in the U.S. The company this morning announced it will begin testing a new feature, Facebook Reels … | Sean McLain / Wall Street Journal: |
Toyota says it will cut production in Japan by 40% in September due to the global chip shortage, after touting its ability to insulate itself — Car maker says it will cut production in Japan by 40% in September — TOKYO—The global semiconductor shortage has finally started to bite …
More:
BBC, Nikkei Asia, Reuters, The Verge, PCMag, TechSpot, Barron's Online, Bloomberg, Toyota Motor Corporation …, and Reuters
| Chance Miller / 9to5Mac: |
Report: Apple is scaling back HealthHabit, an internal app that its staff used to track fitness goals, talk to clinicians, and manage hypertension — Apple is reportedly scaling back one of its most ambitious healthcare projects. According to a new report from Insider … | Emily Birnbaum / Politico: |
Library of Congress bomb suspect livestreamed on Facebook for 71 minutes as he sat in his car surrounded by federal agents before Facebook took down his account — The man suspected of making a bomb threat in front of the Library of Congress posted lengthy Facebook livestreams several times throughout the morning.
Tweets: @justinhendrix, @rschooley, @ronfilipkowski, @mgsiegler, @cagoldberglaw, @maxkennerly, @somospostpc, @kellymakena, @emmya2, @mikeelgan, and @kagrox
| Bloomberg: |
Sources: data analytics service Databricks is raising new funding at a valuation of $38B, with Morgan Stanley leading a round of at least $1.5B — Morgan Stanley will lead the investment round in the cloud data analysis provider. — Databricks Inc. agreed to a new investment deal … | Richard Waters / Financial Times: |
Nvidia says its planned acquisition of Arm is unlikely to be completed within the planned 18-month time frame, due to investigations in the UK and China — US chipmaker acknowledges delay due to global regulatory scrutiny but remains confident of approval — Nvidia has admitted …
More:
Windows Central, Ars Technica, VentureBeat, Barron's Online, and Thurrott
Tweets: @joshua_sisco and @malcolmmoore
| David Jeans / Forbes: |
How Big Tech companies use shell corporations to get massive tax breaks from US cities for data centers that create few jobs and consume a lot of power — Local governments are dangling hundreds of millions of dollars in tax breaks to persuade companies like Facebook, Google and Microsoft to build server farms in their backyards.| Matt Robinson / Bloomberg: |
SEC sues three ex-Netflix software engineers and two others for allegedly using confidential subscriber growth numbers to trade ahead of earnings announcements — - Group allegedly made $3 million in profits from illicit tips — Scheme involved illegal trades on subscriber data, SEC says
More:
U.S. Securities …, Law Street Media, Wall Street Journal, Reuters, MarketWatch, Deadline, and Tubefilter
| Chaim Gartenberg / The Verge: |
Epic complaint alleges that Google paid game developers hundreds of millions in incentives to keep their games on the Play Store as part of its “Project Hug” — Google reportedly spent hundreds of millions to avoid another Fortnite situation — Google quietly paid game …
More:
AppleInsider, 9to5Google, and Android Central
Tweets: @modestproposal1, @baseddrworm, and @tomwarren
| Richard Waters / Financial Times: |
Google outlines MUM, an AI model it plans to use to improve Search by answering users' “fuzzy information needs” that aren't formulated into specific questions — New language model called MUM may eventually behave as a virtual research assistant| CNBC: |
Robinhood says crypto accounted for ~52% of all transaction-based revenue in Q2, and 62% of crypto revenue came from dogecoin — - Robinhood reported quarterly results on Wednesday for the first time as a public company. — Crypto made up over 50% of transaction-based revenue in the second quarter …
More:
GlobeNewswire News Room
| Bloomberg: |
Adobe says it will acquire Frame.io, which makes video collaboration software, for about $1.3B in cash — - Frame.IO adds to Adobe creative cloud unit, home of Photoshop — Frame.io serves broadcasters, media agencies and brands — Adobe Inc. is acquiring Frame.io … | Pew Research Center: |
Survey of 11,178 US adults: 48% say the government should restrict false info online, up from 39% in 2018; 59% think tech companies should, up from 56% in 2018 — Amid rising concerns over misinformation online - including surrounding the COVID-19 pandemic, especially vaccines …
Tweets: @pewresearch
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