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September 3, 2022, 2:10 PM
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| Josh Sisco / Politico: |
Sources: the FTC is reviewing Amazon's $1.7B iRobot takeover to decide if it violates antitrust law and illegally boosts Amazon's connected device market share — The FTC has officially begun a review of Amazon's $1.7 billion takeover of robot vacuum maker iRobot to decide … | Dave Michaels / Wall Street Journal: |
Filing: the FTC is investigating Amazon's $3.9B One Medical acquisition, which could delay its close; significant US antitrust probes take an average ~11 months — Probe adds to issues Amazon faces at antitrust enforcement agency — Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other| TechCrunch: |
Samsung says hackers stole some customer data, including names, contact and product registration information, in a breach of its US systems in late July 2022 — U.S. electronics giant Samsung has confirmed a data breach affecting customers' personal information.
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Samsung US, HotHardware, BleepingComputer, Security Affairs, Engadget, PCMag, Mashable, Gizchina, BetaNews, Livemint, The Hacker News, DataBreaches.net, BigTechWire, iPhone in Canada Blog, GSMArena.com, Phandroid, SiliconANGLE, Android Authority, SlashGear, ZDNet, Sammy Fans, SamMobile, MobileSyrup, Forbes, Android Central, 9to5Google, XDA Developers, AppleInsider, Reuters, and Droid Life
| Manish Singh / TechCrunch: |
India's Enforcement Directorate searched Paytm, Razorpay, and Cashfree offices on September 2 as part of an investigation into fraudulent Chinese loan apps — India's financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday …
More:
Entrackr, The Economic Times, Bloomberg, Livemint, and BGR India
| Jess Weatherbed / The Verge: |
JBL unveils the Tour Pro 2 wireless earbuds: customizable ANC and a charging case with a 1.45" touchscreen, available for €249 outside the US in January 2023 — Allegedly the 'world's first' smart charging case for wireless earbuds — JBL has just announced the Tour Pro 2 wireless earbuds …
More:
JBL press releases, Android Central, TechCrunch, Android Police, and SPARROWS NEWS
| Richard Rubin / Wall Street Journal: |
The IRS says it inadvertently posted confidential information involving ~120,000 individuals on its website before discovering the error and removing the data — Tax agency says error led to posting about some taxpayers with IRAs — WASHINGTON—The Internal Revenue Service inadvertently posted …
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PCMag, Engadget, Slashdot, CNN, Internal Revenue Service, FedScoop, PYMNTS.com, The Hill, and Bloomberg
Tweets: @repjasonsmith, @mdrache, and @logandobson
| Reed Albergotti / Semafor: |
Sources: Biden considers EOs to limit US investments in China, collection of US citizens' data by Chinese companies, and selling of US tech to Chinese customers — President Biden plans to sign an executive order that could dramatically limit U.S. investments in China, according to three people with knowledge of the plans.
More:
FOSS Patents and Bloomberg
Tweets: @semaforben, @fbermingham, @nbashaw, @zaidjilani, @reedalbergotti, @jessicalessin, and @karaswisher
| Washington Post: |
Some online disinformation experts criticize Twitter's stance on Libs of TikTok, as some US children's hospitals face threats inspired by the anti-LGBTQ account — Employees are warning colleagues to take action against the anti-LGBTQ account, saying it's ‘only a matter of time’ its posts lead to violence.
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Libs of TikTok
Facebook: Libs of Tik Tok. Tweets: @bitinn, @jokestress, @mattbc, @zoeschiffer, @taylorlorenz, @joshsternberg, @taylorlorenz, @green_footballs, @gah650, @taylorlorenz, @fraying, and @hzhu_
| Krisztian Sandor / CoinDesk: |
Bankruptcy filing: Celsius says it expects ~$70M of “proceeds from the repayment of USD denominated loans”, which could help it operate through the end of 2022 — The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.
More:
United States Bankruptcy Court, Southern District of New York and CryptoSlate. Tweets: @coindesk
| Debby Wu / Bloomberg: |
Taiwanese prosecutors indict the head of Luxshare, a Chinese iPhone assembler, for allegedly using a shell company to take over local company Speed Tech in 2012 — Taiwanese prosecutors have indicted the head of Luxshare Precision Industry Co. for using a shell company to surreptitiously … | Denny Jacob / Wall Street Journal: |
Swiss bank UBS terminates its $1.4B acquisition of robo-adviser Wealthfront and says it will buy $69.7M in Wealthfront convertible notes at the same valuation — Deal announced in January was for all-cash transaction valued at $1.4 billion — UBS UBS .71%▲ Group AG …
More:
ThinkAdvisor, Business Wire, Wealthfront Blog, Reuters, Barron's Online, Wealth Management, Financial Times, and The Block. Tweets: @wealthfront
| Jim Brunner / The Seattle Times: |
A Washington court rules Meta repeatedly violated the state's campaign finance transparency law for political ads and must pay yet-to-be-determined penalties — Meta, Facebook's parent company, repeatedly and intentionally violated Washington campaign-ad transparency law and must pay penalties yet …
More:
Washington State Office of the Attorney General, Washington Post, KIRO 7 News Seattle, GeekWire, and Slashdot
Tweets: @elijsanders, @elijsanders, @bobfergusonag, @carycmoon, @chaseburnsy, @ira_hyman, @melissaryan, @cruickshank, @rcalo, @stilldelvingh, @elijsanders, @elijsanders, @elijsanders, @elijsanders, @elijsanders, @cathygellis, @spokanerising, @kbkev78, @washingtoncog, @elijsanders, @elijsanders, @elijsanders, @samred, @elijsanders, @elijsanders, @elijsanders, and @elijsanders
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Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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Google Support, Ars Technica, Android Central, Gizchina, TechCrunch, The Verge, Livemint, Business Standard, BGR India, 9to5Google, and The Economic Times. Tweets: @tsuvik. Thanks:@tsuvik