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September 3, 2022, 7:25 AM
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WeSmirchTop News
| Josh Sisco / Politico: |
Sources: the FTC has begun a review of Amazon's $1.7B takeover of iRobot to assess if the deal violates antitrust law and illegally boosts Amazon's 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 deal to buy One Medical — Probe adds to issues Amazon faces at antitrust enforcement agency — Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other — Created with sketchtool.| 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 Newsroom, BleepingComputer, Livemint, BetaNews, PCMag, SamNews 24, The Hacker News, DataBreaches.net, BigTechWire, Security Affairs, iPhone in Canada Blog, SiliconANGLE, Phandroid, SlashGear, Sammy Fans, ZDNet, Android Authority, SamMobile, MobileSyrup, Forbes, Android Central, GSMArena.com, 9to5Google, XDA Developers, Engadget, AppleInsider, Reuters, and Droid Life
| 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:
South China Morning Post, FOSS Patents, and Bloomberg
Tweets: @semaforben, @nbashaw, @karaswisher, @zaidjilani, @jessicalessin, @reedalbergotti, and @fbermingham
| Richard Rubin / Wall Street Journal: |
The IRS says it inadvertently posted confidential information involving about 120,000 individuals on its website before discovering the error and removing it — Tax agency says error led to posting about some taxpayers with IRAs — WASHINGTON—The Internal Revenue Service inadvertently posted …
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Slashdot, CNN, PYMNTS.com, Internal Revenue Service, Bloomberg, FedScoop, and The Hill
Tweets: @repjasonsmith, @mdrache, and @logandobson
| 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
| Varun Mishra / Counterpoint Research: |
The global premium smartphone average selling price rose 8% YoY to $780 in Q2 2022, driven by sales of $1,000+ devices; Apple captured 57% of the premium market — - The global premium smartphone market ($400 and above wholesale price) average selling price (ASP) grew 8% YoY to reach $780, a second-quarter record, in Q2 2022.
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Barron's Online, PhoneArena, MacRumors, Philip Elmer‑DeWitt, Sammy Fans, iPhone in Canada Blog, Daring Fireball, CNET, Redmond Pie, BGR, Softpedia News, Insider, MacDailyNews, Apple Must, TechRadar, Financial Times, and Patently Apple
Tweets: @benwood and @neiltwitz
| 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 … | TechCrunch: |
A look at Snap's decision to close Zenly, popular in Europe and Asia with a claimed ~35M MAUs earlier in 2022, to “focus on Snap Map”, which has 300M+ MAUs — Snapchat's parent Snap became the latest tech company to announce a huge round of layoffs, confirming ongoing rumors yesterday … | Denny Jacob / Wall Street Journal: |
UBS and robo-adviser Wealthfront agree to terminate their $1.4B merger deal; UBS says it will buy a $69.7M convertible note in Wealthfront 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 penalties yet to be determined — 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, and GeekWire
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
| Aaron Gordon / VICE: |
Yandex confirms hackers created a traffic jam in Moscow on September 1 by ordering dozens of taxis from Yandex Taxi to converge on the same location — Attackers attempted to disrupt ride-hailing app service on Thursday, the company confirmed. — Hackers created a traffic jam in Moscow …
More:
The Register. Tweets: @runews, @lorenzofb, @euan_macdonald, @motherboard, @brfreed, @hiddenmarkov, and @_kshitijmishra
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