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July 29, 2020, 9:35 AM
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| The Amazon Blog: |
Bezos statement to US House underscores Amazon's job creation, investments in social causes, and its role in supporting small and medium-sized businesses — Testimony before the Subcommittee on Antitrust, Commercial, and Administrative Law — Statement by Jeffrey P. Bezos Founder & Chief …
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The Verge, The Hill, Vox, Fox Business, Wall Street Journal, New York Times, New York Times, Reuters, The Irish Times, BGR India, The Guardian, MediaNama, Neowin, Wall Street Journal, GeekWire, and CNBC
Tweets: @delrey, @kshashi, @davidshepardson, @sub8u, @joannastern, @carnage4life, @joannastern, @daiwaka, @caseynewton, @sharkbiotech, @johnolilly, @dcurtis, @b_fung, @dmccabe, @profgalloway, @rauchg, @benedictevans, and @can
| Jennifer Elias / CNBC: |
Sundar Pichai will tell lawmakers that Google operates in a “highly competitive” market and that its free products benefit the “average American” — - Ahead of a Wednesday House Judiciary hearing, Alphabet CEO Sundar Pichai released opening remarks that show …
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United States House of Representatives, CNET, The Verge, International Business Times, ZDNet, The Mac Observer, Wccftech, Android Central, Silicon Republic, SiliconANGLE, Protocol, MediaNama, Business Insider, and Washington Post
Tweets: @mattrosoff, @alexeheath, @ashleyrgold, @b_fung, @richardjnieva, @jenn_elias, and @qwongsj
| Mark Gurman / Bloomberg: |
Tim Cook will tell US lawmakers that App Store has opened the “gate wider” for developers, Apple isn't anticompetitive, and doesn't have “dominant market share” — Apple Inc. Chief Executive Officer Tim Cook will tell U.S. lawmakers probing his company's market power …
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AppleInsider, Philip Elmer‑DeWitt, 9to5Mac, SiliconANGLE, and iPhone Hacks
| Betsy Woodruff Swan / Politico: |
Mark Zuckerberg's prepared opening statement for the House hearing: “more to do” on fighting disinformation and “companies aren't bad just because they are big” — Facebook CEO Mark Zuckerberg will concede to lawmakers that his company has more work …
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Newsroom | TikTok, New York Times, Axios, CNBC, The Hill, and NBC News
Tweets: @mattk, @maelynnballot, @juancpedreira, @johnhendel, @woodruffbets, @hypervisible, @davegershgorn, @mattgaetz, and @tinamcgugan
| New York Times: |
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TechCrunch, Android Authority, The Next Web, Washington Post, Protocol, New York Times, CNBC, Newser, OneZero, Mashable, Bloomberg, The Verge, 9to5Google, AppleInsider, 9to5Mac, Financial Times, Android Central, Cointelegraph, Search Engine Land, and Memex 1.1
Tweets: @sarahfrier, @dhh, @repmattgaetz, @colorofchange, @ditzkoff, @danprimack, @nataliekitro, @nytimes, @zephyrteachout, @venkatananth, and @halsinger
| Sam Shead / CNBC: |
Facebook, YouTube, and Twitter work to pull versions of a video touting hydroxychloroquine as a COVID-19 cure, after it was shared by Trump and his allies — - A Breitbart video containing dangerous coronavirus misinformation went viral on Facebook before it was removed.
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NBC News, Ars Technica, Wired, VICE, The Interface, The Verge, The Verge, and Breitbart
Tweets: @kevinroose, @surabees, @brandyzadrozny, @sheeraf, @cwarzel, @erictrump, @caseynewton, @kathrynw5, @cwarzel, @cwarzel, @congressmanraja, @tomlevenson, @abraarkaran, @willsommer, @robert_e_kelly, @oneunderscore__, @brandyzadrozny, @jdiamond1, @bkoskella, @markbland, @replindasanchez, @senwarren, @cnbc, @alexberenson, @kantrowitz, @wiczipedia, @daveyalba, @sam_l_shead, @cwarzel, @parkermolloy, @peterjhasson, @redsteeze, @rubinreport, and @libertarianblue
| Andrew Griffin / The Independent: |
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Ars Technica, VICE, Variety, and Axios
Tweets: @twittercomms, @kaitlancollins, @seanmdav, @oliverdarcy, and @mzhemingway
| Bloomberg: |
Sources: Google and Samsung are in talks about giving Google products more prominence on Samsung phones, including more control over search — - Google Assistant, Play app store may gain more prominent roles — Samsung seeks other revenue sources as handset demand drops
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XDA Developers, VentureBeat, TechRadar, Android Headlines, Android Authority, iPhone in Canada Blog, SamMobile, Engadget, Telecoms.com, PYMNTS.com, Wccftech, 9to5Google, and Neowin
Tweets: @tomwarren, @kantrowitz, @caseynewton, and @tculpan
| Chaim Gartenberg / The Verge: |
AMC and Universal agree to shorten the theatrical window for films to 17 days, or 3 weekends, before Universal can release them onto premium on-demand platforms — Films only have to be in theaters for three weekends now before going to digital platforms — AMC Theaters and Universal …
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Wall Street Journal, MacRumors, Comcast, Hollywood Reporter, CNBC, Variety, iMore, Android Authority, and Engadget
| Reuters: |
Sources: some US investors of ByteDance seeking to take over TikTok are valuing the social media app at ~$50B, 50 times its projected 2020 revenue of ~$1B — NEW YORK/HONG KONG (Reuters) - Some investors of TikTok's parent company ByteDance seeking to take over the popular social media app …
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iMore
| Sara Fischer / Axios: |
TikTok's new CEO Kevin Mayer says it'll release code driving its content moderation algorithms, accuses Facebook of maligning attacks “disguised as patriotism” — In his first public statement as CEO of TikTok, f ormer Disney exec Kevin Mayer says the company will be releasing …
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CNBC, The Verge, and Bloomberg
Tweets: @sub8u, @ryan_browne_, @jmgrygiel, @hithisismarissa, @mdudas, @sarafischer, @donie, @carlquintanilla, @donie, @realsaavedra, @larakiara, @markdistef, @firstadopter, @b_fung, @joshsternberg, @b_fung, @hkanji, @hkanji, and @sallyshin
| Ryan Browne / CNBC: |
TransferWise announces a new $319M secondary share sale round led by Lone Pine Capital and D1 Capital Partners at a $5B valuation — - TransferWise employees and early investors sold some of their stakes in a $319 million secondary deal. — The company's $5 billion valuation makes …
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The Next Web, TechCrunch, Decrypt, Scoop, Coinspeaker, Silicon Republic, Financial Times, Reuters, and The Business Times
Tweets: @emercer, @kr00ney, @ryan_browne_, and @terryangelos
| Todd Spangler / Variety: |
Spotify reports Q2 revenue of €1.89B, up 13% YoY, with MAUs up 29% YoY to 299M, premium users up 27% to 138M, and ad-supported MAUs up 31% to 170M — In addition, ad revenue fell 21% — which Spotify blamed on the coronavirus pandemic — but the drop wasn't quite as bad as forecast.
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VentureBeat, Thurrott, Reuters, Spotify, Bloomberg, 9to5Mac, The Verge, Wall Street Journal, and Engadget
Tweets: @markdistef and @kerrymflynn
| Larry Dignan / ZDNet: |
Shopify reports Q2 revenue of $714.3M, up 97% YoY, with net income of $36M compared with net loss of $28.7M in Q2 2019 — Shopify's second quarter results highlight how the company is critical to SMBs going digital. — Shopify's second quarter results benefited from a surge in small businesses … | Larry Dignan / ZDNet: |
AMD reports Q2 revenue of $1.93B, up 26% YoY, Computing and Graphics segment revenue of $1.37B, up 45% YoY — AMD's results land as its primary rival Intel has been struggling with its 7nm roadmap delays. — AMD reported better-than-expected second quarter results as sales surged 26% …
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Advanced Micro Devices, Thurrott, PCWorld, South China Morning Post, AnandTech, TechRadar, Bloomberg, TechPowerUp, MSPoweruser, Wccftech, SiliconANGLE, Benzinga, Reuters, and MarketWatch
Tweets: @quinnypig, @ldignan, @patrickmoorhead, @danielnewmanuv, @anshelsag, @benbajarin, and @ericjhonsa
| Marc Santora / New York Times: |
Turkey passes law extending sweeping powers over social media platforms, ordering those with 1M+ DAU to open offices in the country and store user data locally — The legislation extends control over social media platforms like Facebook, Twitter and YouTube.
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Al Jazeera, Human Rights Watch, RT, Middle East Eye, Bloomberg, and India Today
Tweets: @bh_friedman, @freedomonthenet, @nytimes, @chrchristensen, @hrw, @m_clem, and @matinastevis
| Joel Rosenblatt / Bloomberg: |
US DOJ asks federal judge for permission to drop charges against two ex-Twitter employees and a Saudi national who allegedly helped Riyadh spy on dissidents — The U.S. filed a revised indictment against two former Twitter Inc. employees and a Saudi national, alleging the three spied …
Tweets: @hshaban, @hshaban, @caseynewton, @bpolitics, @nickconfessore, and @viviannereim
| Sarah Emerson / OneZero : |
Former moderators at Pinterest say they had inadequate resources and minimal mental health support as they fought to keep child abuse imagery off the platform — Moderators reported seeing child pornography content ‘every couple hours’ — a good day, Blake's job as a Pinterest moderator … | Manish Singh / TechCrunch: |
Toppr, an e-learning service in India covering 17 subjects and preparing students for five dozen competitive exams, raises $46M led by Foundation Holdings — Toppr, one of the largest online learning startups in India, has secured $46 million in a new financing round as it looks to scale its platform including a new product.
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The Economic Times
| Riley de León / CNBC: |
Health insurance company Humana partners with doctor-on-demand service Heal and invests $100M — - Telehealth start-up Heal is partnering with notable health insurance company Humana, which includes a $100 million investment that will be used to expand into new markets.| Nick Kolakowski / Dice Insights: |
In July, a H-1B software engineers' median salary at Google, Microsoft, and Apple was at least $142K, a substantial increase from at least $120K in October 2019 — How much are software engineers on the H-1B visa making at some of the nation's largest tech companies? At first glance, the answer seems simple: quite a lot.| Dean Takahashi / VentureBeat: |
In a reversal, CES says its event planned for January 2021 will be going all-digital, using a virtual meeting format for vendors, attendees, and the press — CES 2021 will take place in January as an all-digital event since the organizers feel it's the only way they can protect attendees during the pandemic.
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CES, The Verge, Engadget, and Firstpost Tech
Tweets: @ces, @jctechfuture, @mkbhd, @frankcatalano, @backlon, @quinnypig, @ces, @sam_l_shead, and @deantak. Thanks:@thekenyeung
| Ken Doctor / Nieman Lab: |
Q&A with the new CEO of NYT Meredith Levien on establishing the paper as a world-class digital product and technology company — Meredith Kopit Levien knew early on that she'd like to head up a news publishing company. She just never expected she would end up as the CEO of The New York Times …
Tweets: @raju, @jayrosen_nyu, @yayitsrob, and @sarahmarshall
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