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July 29, 2022, 9:05 PM
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| Lora Kolodny / CNBC: |
Elon Musk countersues Twitter over the merger agreement in a confidential filing in a Delaware court — - Elon Musk counter sued Twitter on Friday, intensifying the conflict between the social networking company and centi-billionaire but keeping details hidden from the public.
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Reuters, Reuters, The Hill, Wall Street Journal, The Register, NBC News, and Observer. Thanks:@mattrosoff
| Richard Lawler / The Verge: |
A Delaware judge rules that Twitter's case against Elon Musk for attempting to exit his $44B takeover will go to trial from October 17 to October 21, 2022 — Everybody's going to the Court of Chancery — We have a schedule for the Delaware Court of Chancery trial over T witter's lawsuit … | Leah Nylen / Bloomberg: |
Sources: Lina Khan overruled FTC staff to sue Meta over its Within acquisition; the FTC didn't take sworn interviews of company execs in the nine-month inquiry — Federal Trade Commission Chair Lina Khan led her fellow Democrats in the agency's majority vote to sue Meta Platforms Inc. this week …
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Meta, GamesIndustry.biz, PYMNTS.com, Watcher Guru, The Verge, Upland Workshop Newsletter, and Protocol
Tweets: @amir, @tomhebertdc, @davezatz, @kylebrussell, @hoeglaw, @scottlincicome, @benedictevans, @benedictevans, @matthewstoller, @carlszabo, @matthewstoller, @adamkovac, @benedictevans, @adamkovac, @ericjackson, @benedictevans, @matthewstoller, @benedictevans, @benedictevans, @danieldancrane, @gregstohr, @adamkovac, @matthewstoller, @tedfrank, @dwcaprio, @matthewstoller, @benedictevans, @stevesi, @moonalice, and @benedictevans
| Cecilia Kang / New York Times: |
FTC chair Lina Khan's attempt to block Meta's Within acquisition upends decades of antitrust standards and may shift how DC enforces competition in nascent tech — Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature.
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BIG by Matt Stoller, Financial Times, Truth on the Market, Dave Lee, and MarketWatch
Tweets: @benedictevans, @benedictevans, @colincrowell, @blakereid, @muslimadvocates, @liroyleshed, @jimprosser, @binarybits, @glenweyl, @gpanger, @proffionasm, @binarybits, @onekade, @daveleeft, @kevinakwok, @ctbeiser, @julieinannap, @choo_hehimlvl3, @anshelsag, @enbrown, @enbrown, @enbrown, @enbrown, @enbrown, @enbrown, @enbrown, @benz145, @johnnyryan, @adamkovac, @karlbode, @veenadubal, @karlbode, @kerrymflynn, and @ronmknox
| Chance Miller / 9to5Mac: |
Apple expands App Store ads from the Search tab and Search results to the App Store's Today homepage and individual app pages — Apple is expanding its advertising business and adding two new ad slots to the App Store. Currently, the App Store has two ad slots: one on the main ‘Search’ tab and one in the Search results.
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The Verge, MacRumors, AppleInsider, Pixel Envy, and iDownloadBlog.com
| Matt Binder / Mashable: |
Crypto network Helium claimed for years that Lime is a client, which Lime calls “a false claim”; source: Lime is preparing to send a cease and desist to Helium — Is this really Web3's golden goose? — Helium is often heralded as one of the largest success stories in the Web3 space …
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The Verge and Stacey on IoT
Tweets: @chafkin, @mattbinder, @mattbinder, @timfernholz, and @silvermanjacob
| Amanda Seitz / Associated Press: |
Twitter says it fielded nearly 60K legal demands globally in H2 2021 and complied fully with ~40%; the US accounted for 20% of account information requests — WASHINGTON (AP) — Twitter warned Thursday that governments around the globe are asking the company to remove content or snoop … | Strategy Analytics: |
Global smartphone shipments fell 7% YoY to 291M units in Q2 2022; Samsung had a 21.5% market share, followed by Apple's 16.3%, its best Q2 in the past 10 years — BOSTON—(BUSINESS WIRE)— According to new research from Strategy Analytics, global smartphone shipments fell -7% YoY to 291 million units in Q2 2022.
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Techaeris, Canalys, Patently Apple, GSMArena.com, Gizchina, The Mac Observer, Apple Must, Cult of Mac, and AppleInsider
Tweets: @maxwinebach, @maxwinebach, and @borismetodievsa
| Abner Li / 9to5Google: |
Amazon plans to shut down Drive, its cloud storage service launched in March 2011, at the end of 2023 to focus “on photos and video storage with Amazon Photos” — In an email to customers this morning, Amazon announced that its “Drive” cloud storage service is shutting down at the end of 2023.
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Thurrott, GeekWire, The Verge, SiliconANGLE, Android Central, Neowin, AFTVnews, Phandroid, iPhone in Canada Blog, Tom's Hardware, TechCrunch, iDownloadBlog.com, and SlashGear
Tweets: @bwjones, @eposvox, @davewiner, @om, and @killedbygoogle
| Bloomberg: |
The SEC adds Alibaba to a list of Chinese companies facing delisting in three years if they don't comply with US auditing standards; Alibaba's stock is down 9%+ — Alibaba Group Holding Ltd. has moved a step closer toward getting booted off US stock exchanges for American inspectors not being able to access to financial audits.| Annie Massa / Bloomberg: |
An interview with Robinhood CEO Vlad Tenev on the company's post-IPO stock plunge, catering to its most active users, job cuts, reining in expenses, and more — A relaxed vibe envelops Robinhood Markets Inc.'s California headquarters, where employees stroll in pairs around a lush courtyard of cacti … | Anthony Boadle / Reuters: |
Brazilian prosecutors ask WhatsApp to delay its Communities feature launch in Brazil until January to avoid spreading misinformation around the October election — Brazilian prosecutors on Friday called on messaging platform WhatsApp to delay the launch in Brazil of its new feature called … Sponsor Posts
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