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March 26, 2018, 1:30 PM
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| Sara Salinas / CNBC: |
FTC confirms it has an open non-public probe into Facebook's privacy practices — The FTC confirmed Monday it's investigating Facebook and its data practices in the wake of the Cambridge Analytica data scandal. — Shares of Facebook fell following the report. — Here's the full statement from the FTC:
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Federal Trade Commission, Bloomberg, BGR, BuzzFeed, ABC News, CNET, 9to5Mac, GeekWire, BBC, Business Insider, MIT Technology Review, VentureBeat, Forbes, Android Authority, CNNMoney, Wired, Quartz, Silicon Valley Business …, San Francisco Chronicle, The Verge, Fortune, Motherboard, Nextgov, Recode, Engadget, Mashable, epic.org, and Gizmodo
Tweets: @technology, @jason_kint, and @shiraovide
| Ian Bogost / The Atlantic: |
How every Facebook app in 2010 collected users' personal data, what devs could do with it, and why Facebook can't close the Pandora's box it opened a decade ago — For a spell during 2010 and 2011, I was a virtual rancher of clickable cattle on Facebook. — It feels like a long time ago.
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DSLreports, Business Insider, FactorDaily, Associated Press, Stratechery, Memex 1.1, and CNET
Tweets: @max_read, @ibogost, and @catherinecronin
| Josh Constine / TechCrunch: |
New complicated privacy and transparency regulations might be a mere speed bump for Facebook but an insurmountable burden for startups — You know what tech startups hate? Complicated legal compliance. The problem is, Facebook isn't a startup any more, but its competitors are.
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Axios, Marketing Land, USA Today, Vanity Fair, CBS New York, South China Morning Post, Reuters, Beyond Search, The Verge, The Hill, NBC Bay Area, and Engadget
Tweets: @fulhack, @randfish, @profcarroll, @binarybits, @joshconstine, @blehnert, @joshconstine, and @benbajarin
| Jean-Louis Gassée / Monday Note: |
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Reuters, Feld Thoughts, TechCrunch, Bloomberg, PYMNTS.com, CBC News, 500ish Words, TheStreet, Enrique Dans, The Outline, and BBC
Tweets: @fmbutt, @charlieangusndp, @oliviasolon, @theatlantic, @edbott, and @tdreier
| Abner Li / 9to5Google: |
Google unveils $329 Acer Chromebook Tab 10, the first Chrome OS tablet, with a 9.7" 2048x1536 display and Wacom EMR stylus that slides into device, coming April — Ahead of Apple's education-focused event tomorrow, which in itself is a reaction to the dominance of Chromebooks in schools … | Johana Bhuiyan / Recode: |
Uber CEO says they spent $700M in Southeast Asia before deal with Grab; source: Uber feels confident enough in India and Middle East to not retreat from there — As part of the deal, Uber will get a 27.5 percent stake in the company and CEO Dara Khosrowshahi will join the Grab board.
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Uber Newsroom, Business Insider, TechCrunch, VentureBeat, Fortune, Financial Times, South China Morning Post, TechCrunch, Reuters, SiliconANGLE, and Axios
Tweets: @shiraovide and @bbcleisha
| Bloomberg: |
Grab to acquire all of Uber's operations in Southeast Asia, including UberEats; Uber gets 27.5% stake in Grab, and Uber CEO will join Grab's board — Grab to buy ride-sharing, food delivery businesses in region — Uber gets 27.5% stake in rival, CEO to join Grab's board
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Grab SG, Fortune, TechSpot, TechCrunch, Ars Technica, Digital Trends, MediaNama, Forbes, Mashable, and Seeking Alpha
Tweets: @samzabbel, @noahpinion, @jonrussell, @teddyschleifer, @tjmanotoc, @gwendolynregina, @r0h1n, and @dattadeguru
| David Meyer / Fortune: |
Leader of hacker gang known as Carbanak, who used malware attacks to steal €1B+ from banks and ATMs, caught in Spain — For the past five years, a gang of hackers known as Carbanak has been targeting banks around the world, stealing well over $1 billion in total.
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Europol, Inquirer, Business Insider, Gizmodo, Engadget, Reuters, ZDNet, Bloomberg, Silicon Republic, and BBC
Tweets: @mikko, @troelsoerting, and @europol
| John Koblin / New York Times: |
Since October, Apple has signed 12 TV projects, nine of them “straight-to-series”; sources say the company aims to roll them out between March and summer 2019 — Known for its bold designs and its big marketing campaigns, Apple relishes its status as a dominant force in the corporate world.
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9to5Mac, Macworld, BGR, AppleInsider, TechCrunch, VentureBeat, FierceCable, Mashable, SlashGear, Engadget, Philip Elmer-DeWitt, iPhone in Canada Blog, MacRumors, iLounge, Ubergizmo, The Verge, AppAdvice.com, Patently Apple, iPhone Hacks, Cult of Mac, The Mac Observer, Fortune, MacStories, and MacDailyNews
| Peter Kafka / Recode: |
Spotify issues guidance for 2018: 96M subs, up 36% YoY, $6.9B in revenue, up 30% YoY, 25% gross margin, up from 21%, $409M operating loss, down from $500M — Ahead of its IPO, the streaming service is offering its first-ever guidance: Revenue, subs and margins will be up, operating losses will go down.| Lauren Goode / The Verge: |
Fitbit Versa review: 4-day battery in compact design, tracks lots of data, but it has poor notification support, data isn't shared with helpful third-party apps — The Versa is better than Fitbit's earlier smartwatches, but it still has issues — Fitbit needs a win.
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TechCrunch, Gizmodo, MacRumors, Ars Technica, Engadget, Macworld, iMore, PC Magazine, Tom's Guide, AndroidHeadlines.com, and CNET
Tweets: @laurengoode and @laurengoode
| Wall Street Journal: |
Sources: SoftBank is investigating who was behind the smear campaign that called for the ouster of its top execs Nikesh Arora and Alok Sama — Series of letters to board called for removal of Nikesh Arora and Alok Sama; ‘sabotage’ effort also involved media leaks, complaint to SEC| Reuters: |
Twitter says it will ban cryptocurrency advertising on its platform, including ads for ICOs, token sales, and crypto-wallet services — LONDON (Reuters) - Twitter is to ban cryptocurrency advertising, joining Facebook and Google in a clampdown on the industry over the risk of giving publicity …
More:
TechCrunch, Engadget, and Seeking Alpha
| Brian Heater / TechCrunch: |
Wikimedia says Google has contributed $1M+ this year with Apple, Facebook, Microsoft donating ~$50K in matching gifts; corporations account for ~4% of donations — YouTube's plan to combat conspiracy videos with information sourced from Wikipedia got push back from a number of different quarters …
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