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June 13, 2020, 3:20 PM
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| Margaret Harding McGill / Axios: |
In leaked letters, House Judiciary asks Apple, Alphabet, Amazon, and Facebook to say by Sunday whether their CEOs will testify in antitrust hearings in July — House antitrust investigators are pressing Apple, Alphabet, Amazon and Facebook to say by Sunday whether their CEOs will testify …
More:
AppleInsider, Engadget, Philip Elmer‑DeWitt, iMore, Patently Apple, and MacRumors
Tweets: @s8mb and @margarethmcgill
| Kaitlyn Tiffany / The Atlantic: |
Reddit faces renewed scrutiny over racism on the platform, as moderators claiming to represent 200M users sign open letter in its largest ever collective action — In 2015, the Southern Poverty Law Center called out Reddit as home to “the most violently racist” content on the internet …
More:
Upvoted, reddit, CNET, and Business Insider
| Biz Carson / Protocol: |
Q&A with Chris Best, CEO of Substack: the company has seen revenue increase 60% and readership and writership double in the first three months of the pandemic — If it seems like everyone is launching a newsletter these days, well, you're not wrong. Chris Best, CEO and founder …
Tweets: @substackinc, @bizcarson, and @sarthakgh
| Manish Singh / TechCrunch: |
PE firm TPG to invest $600M in Reliance Jio Platforms for a 0.93% stake in the company; TPG is the eighth investor to invest in Jio in as many weeks — American private equity firm TPG will invest $600 million in Jio Platforms, joining a roster of high-profile investors including Facebook …
Tweets: @khare_khote
| Sergiu Gatlan / BleepingComputer: |
Microsoft is aware of a bug affecting Windows 10 PCs with a printer connected via USB that renders the USB port unusable; patch is coming in a future OS update — Windows 10 users are reporting that they are unable to print using devices from multiple vendors after installing updates … | Laura Hazard Owen / Nieman Lab: |
At launch, Facebook News had very few stories on politics, many New York Times links, and coverage overlapped little with the most popular articles on Facebook — On June 10, the most popular stories across Facebook were all NASCAR banning Confederate flags and Blue Lives Matter (with a sprinkling of dead kids).| Liza Lin / Wall Street Journal: |
China's $1.4T tech campaign includes a massive 5G project, aiming for 600K base stations by end of 2020, relies on money from private sector, local governments — Beijing plans to spend $1.4 trillion in the next five years in sectors including 5G, artificial intelligence and data centers
Tweets: @jaygoldberg, @lizalinwsj, and @joshchin
| Anne Steele / Wall Street Journal: |
Filing: Tencent took a 1.6% stake in Warner Music Group for $200M in Warner's IPO in separate transactions by two Tencent subsidiaries; shares now worth ~$250M — Chinese internet giant already had interests in Universal Music Group, Spotify — Tencent Holdings Ltd. TCEHY 1.56% took … | Nico Grant / Bloomberg: |
Zoom says it deactivated accounts of US-based activists due to China's demands, won't allow such requests to impact users outside mainland China “going forward” — - Company shut down video meetings to remember Tiananmen Square — Zoom's in the middle of a free speech and censorship clash
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NPR, Engadget, Zoom Blog, Gizmodo, Techdirt, OneZero , The Verge, CyberScoop, Reclaim The Net, Reuters, Digital Trends, Quartz, Tom's Guide, Fortune, and Seeking Alpha
Tweets: @bethanyallenebr, @benthompson, @zoom_us, @kurt_loder, @pocketcasts, @repmichaelwaltz, @janiswong_, @jane_li911, @williamyang120, @tombschrader, @kenroth, @mishichoudhary, @rover829, @rosenbergerlm, @tomgrundy, @jmulich, @senrickscott, @andreaslandwehr, @sarahleah1, @pelstrom, @counternotions, and @zackwhittaker
| Alexander Behrens / Decrypt: |
Report: EOS platform, which raised $4B in ICO in 2018, has seen developer activity decline by 85% YoY; Ethereum has 80% of all smart contracts and dapps space — New research from Outlier Ventures lays out the landscape of blockchain development in the crypto space. And things aren't looking good for EOS.
More:
Outlier Ventures, Outlier Ventures, and CryptoGlobe
| Katie Paul / Reuters: |
Facebook fired an employee for challenging his colleague's silence on Twitter over company's inaction regarding Trump posts — SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) fired an employee who had criticized Chief Executive Mark Zuckerberg's decision not to take action against inflammatory posts … | Sean Burch / The Wrap: |
HBO says it will be shutting down its HBO Go streaming app on July 31, following the recent launch of HBO Max; HBO Now will be rebranded as just HBO — HBO Go, which first launched in 2010, will be shut down at the end of July — HBO on Friday said it will be shutting down its HBO …
More:
9to5Mac, Redmond Pie, TechCrunch, CNET, Engadget, The Verge, Tubefilter, CNET, Gizmodo, MacRumors, Android Authority, and AppleInsider
Tweets: @natjarv, @billsimmons, @ditzkoff, @maskedscheduler, @azalben, @moryan, @brianmcc, @profgalloway, @mmasnick, @reckless, @kimzetter, and @karlbode
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