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July 14, 2019, 1:45 AM
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| Nilay Patel / The Verge: |
Facebook has done nothing but behave badly from inception, yet it has received only slaps on the wrist by authority figures, while being rewarded by the market — Facebook gets away with it again — Facebook's stock went up after news of a record-breaking $5 billion FTC fine for various privacy violations broke today.
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Tweets: @adamd_hill, @reckless, @neil_chilson, @neil_chilson, @neil_chilson, @neil_chilson, @adamd_hill, and @caseynewton
| Emily Glazer / Wall Street Journal: |
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| Ben Thompson / Stratechery: |
Shopify's ecosystem, with its own fulfillment network, may become the first true Amazon competitor by enabling merchants to succeed or fail on their own terms — While I am (rightfully) teased about how often I discuss Aggregation Theory, there is a method to my madness, particularly over the last year …
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| Zachary Crockett / The Hustle: |
A look at a community of “sweepers” who mastered the art of winning online sweepstakes using tools like sweepstakes aggregators and automated form fillers — Winning online sweepstakes is supposedly an act of pure luck — but some contestants claim to have it down to a science.
Tweets: @contestqueen
| Kalev Aasmae / ZDNet: |
A look at Estonia's four and half year old e-residency program, which now has 55,000 e-residents and is unlikely to attain its original goal of 10M by 2025 — Instead of the goal of gaining 10 million e-residents by 2025, Estonia is now focusing on security and usability.| AJ Dellinger / Engadget: |
Online education platform K12.com has left 7M records, including name, email, age, what school the student attends, and authentication keys, exposed online — K12.com, an online education platform, inadvertently exposed the personal information of nearly seven million students, according to security researchers at Comparitech.
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Comparitech
| Kyle Wiggers / VentureBeat: |
Pipefy, which is developing a process pipeline management platform for enterprise clients like IBM, raises $45M Series B, bringing its total raised to $65M — Pipefy, a San Francisco firm developing a process pipeline management platform for enterprises, today revealed that it this month closed …
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| Karen Chiu / Abacus: |
Facial recognition software maker Megvii branches out into dog tracking, says its app can use a phone camera to identify dogs by their snouts, with 95% accuracy — Megvii says it can identify individual dogs by scanning their noses — If you're a dog lover, you probably don't need convincing that your furry friend is like no other.
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The Verge
| Richard Lawler / Engadget: |
Trump says cryptocurrencies including Facebook's Libra are “not money”, need to be regulated, citing their high volatility and facilitation of unlawful behavior — Just hours after a “social media summit,” the president's Twitter account posted a thread aimed at, of all things, cryptocurrency.
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Tweets: @realdonaldtrump, @realdonaldtrump, @realdonaldtrump, @brian_armstrong, @tonyromm, @buydigibyte, @peterschiff, @justinsuntron, @jespow, @officialmcafee, @arrington, @erikvoorhees, @benshapiro, @kimdotcom, @michaelmalice, @erikvoorhees, @jerrybrito, @nathanielpopper, @ceterispar1bus, @ncweaver, @matthew_d_green, @thestalwart, @steventdennis, @warrendavidson, @arrington, @mikejcasey, @aarondklein, @thekenyeung, @reckless, @reckless, @matthewstoller, @laurashin, @kyletorpey, and @jyarow
| Steve O'Hear / TechCrunch: |
Germany-based Staffbase, a mobile-first employee communication and experience platform, raises $23M Series C, bringing its total raised to $35M — Staffbase, a mobile-first platform that enables employees to communicate, access work-related services and stay updated with company information, has raised $23 million in Series C funding.| South China Morning Post: |
Profile of Meiya Pico, which claims a 40% share of the digital forensics market in China and which is believed to be linked to a spy app used by Chinese police — Meiya claims a 40 per cent share of the digital forensics market in mainland China Net profit was US$44 million last year … | Eric Newcomer / Bloomberg: |
Amazon's plan to spend $700M to retrain 100,000 employees by 2025 translates to $1,077 per person per year; the average organization spends an estimated $1,296 — Amazon.com Inc. is amazing at turning mundane corporate management decisions into global news events. — Many retailers host annual sale events.
Tweets: @laszlobock
| Nathan Vardi / Forbes: |
Profile of businesswoman Hanzade Dogan-Boyner, founder of Turkey's largest e-commerce site Hepsiburada, with $786M in 2018 revenue, as it tries to expand abroad — On a mild winter morning, Hanzade Dogan-Boyner rushes into her office on the fourth floor of the Trump Towers in Istanbul, overlooking the historic city's skyline.
Tweets: @es_entrepreneur, @forbes, and @forbes
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