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July 30, 2020, 10:40 AM
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WeSmirchTop News
| Tony Romm / Washington Post: |
CEOs of Amazon, Apple, Facebook, and Google grilled over their companies' market power at the nearly six-hour congressional subcommittee hearing — The leaders behind the tech giants testified before Congress virtually — The leaders of Amazon, Apple, Facebook and Google took …
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TheStreet, Washington Post, Politico, New York Times, Slate, Slate, Bloomberg, The Atlantic, 9to5Mac, Wired, The Guardian, Politico, CBS News, CNET, CyberNews, Morning Brew, SiliconANGLE, and New York Times
Tweets: @realdonaldtrump, @jacknicas, @sarahfrier, @halsinger, @kantrowitz, @levie, @mikeisaac, @juliaangwin, @mehdirhasan, @eff, @eff, @joannastern, @jason, @reckless, @willoremus, @geoffreyfowler, @eff, @joshuatopolsky, @eff, @gruber, @caseynewton, @gaberivera, @reckless, @gruber, @iamjohnburnett, @markwarner, @peteharrisonnyc, @sarahfrier, @eff, @sarafischer, @profgalloway, @profgalloway, @fmanjoo, @willoremus, @andrewfeinberg, @reckless, @nxthompson, @profgalloway, @adrjeffries, @daveleeft, @tonyromm, @karlbode, @mikeisaac, @asankin, @asankin, @willoremus, @digitalarun, @willoremus, and @mattyglesias
| Richard Nieva / CNET: |
Sundar Pichai received bipartisan criticism during Wednesday's antitrust hearing, facing questions about Google's digital ads business, privacy practices, more — The leaders of four of the world's most powerful tech companies — Apple , Amazon , Facebook and Google …
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United States House of Representatives, Associated Press, Washington Post, Engadget, and TechRadar
Tweets: @castrotech, @johannesreck, @file411, and @richardjnieva
| Casey Newton / The Interface: |
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The Verge and Washington Post
Tweets: @nxthompson, @maxschleiffer, @politico, @reckless, @oliverdarcy, and @renusatti
| YouTube: |
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The Verge, Reuters, SiliconANGLE, Reclaim The Net, Cmte Judiciary (D) …, and Social Media Today
Tweets: @housejudiciary, @housejudiciary, @pinboard, @cnbc, @levynews, @housejudiciary, @adrjeffries, @abc, @bariawilliams, @rephankjohnson, @rontkim, @levie, @tomwarren, @reckless, @mims, @shiraovide, @anniegilbertson, @lmatsakis, @rmac18, @cnet, @lizzadwoskin, @verge, @joannastern, @reckless, @caseynewton, @gruber, @kevinroose, @birnbaum_e, @markgurman, @parismartineau, @riptari, @joshavant, @adrjeffries, @profgalloway, @dhh, @kurtwagner8, @kari_paul, @kellymakena, @geoffreyfowler, @rmac18, @joannastern, @sarahfrier, @dhh, @chris_ciaccia, @markdistef, @danprimack, @profgalloway, @alfredwkng, @sarahintampa, @dhh, @lizzadwoskin, @joannastern, @mattmday, @jason_kint, @vladsavov, @joshuatopolsky, @lizzadwoskin, @kadhim, @reckless, @benbajarin, @tomwarren, @reckless, @protocol, and @adrjeffries
| Canalys: |
Analysis: Huawei shipped 55.8M devices globally, down 5% YoY, overtaking Samsung, which shipped 53.7M, down 30% YoY, to become the world's top smartphone vendor — Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) - Thursday, 30 July 2020
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The Verge, Associated Press, CNN, The Irish Times, 9to5Google, CNET, BBC, Android Police, Phandroid, Softpedia News, Engadget, Android Central, equalocean.com, SamMobile, Neowin, PhoneArena, Android Authority, Reuters, Fortune, Gizchina, Silicon Republic, and Digital Trends
Tweets: @technikfaultier, @mohammadfarooq_, and @tariqkrim
| Mark Gurman / Bloomberg: |
Emails between Eddy Cue and other Apple execs from 2011, revealed in House hearing, show Apple considered 40% cut of first year digital content subscriptions — - IPhone maker's Eddy Cue reached 2016 deal with Amazon's Bezos — In 2011, Apple executives weighed 40% fee for subscriptions
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MacRumors, The Information, BBC, iMore, iPhone in Canada Blog, iPhone Hacks, SlashGear, AppleInsider, and Reuters
Tweets: @markgurman, @reckless, @marcoarment, @dhh, @markgurman, @dhh, and @edbott
| Javier Espinoza / Financial Times: |
Telegram files EU antitrust complaint against Apple, saying Apple must “allow users to have the opportunity of downloading software outside the App Store” — Messaging company is latest company to criticise restrictions and fees — Telegram, the messaging app …
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MacRumors, AppleInsider, Engadget, 9to5Mac, MacDailyNews, Fossbytes, iMore, and iPhone Hacks
| The Verge: |
Emails from Mark Zuckerberg, revealed by the House antitrust panel, show that Facebook wanted to buy Instagram at least partly to explicitly avoid competition — In late February 2012, Facebook CEO Mark Zuckerberg emailed his chief financial officer, David Ebersman, to float the idea …
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EURACTIV.com, Wired, US House of Representatives Judiciary Committee, Protocol, New York Magazine, Axios, news.com.au, Fossbytes, and The Overspill
Tweets: @caseynewton, @alecstapp, @rmac18, @ajs, @reckless, @mattrosoff, @willoremus, @richardhanania, @kurtwagner8, @mmasnick, @competitionprof, @karaswisher, @wyntermitchell, @karaswisher, @slpng_giants, @sarahfrier, @robaeprice, @jason_kint, @kimlacapria, @brooklynmarie, @sengianaris, @hshaban, @reckless, @protocol, @drdenagrayson, @reckless, @emmavigeland, @kevinroose, @tomwarren, @mishaalrahman, @sarahfrier, @sarahfrier, @sarahfrier, @kevinroose, and @asankin
| Shaurya Malwa / Decrypt: |
China arrested 109 alleged architects behind the PlusToken project, bringing an end to one of the biggest Bitcoin Ponzi schemes in the crypto industry — Authorities in China arrested the alleged architects behind the PlusToken project, bringing an end to the biggest Bitcoin scheme in history.
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CoinDesk, Coingape, and BitcoinExchangeGuide
| Shubham Agarwal / Digital Trends: |
TikTok says it will pay US creators $1B+ in the next three years, up from the $200M announced before, unveils $70M fund for creators in some European countries — After reports of Instagram poaching TikTok creators emerged, TikTok says it's ramping up its Creator Fund to over a billion dollars … | Sara Fischer / Axios: |
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Newsroom | TikTok, Bloomberg, Vox, Wall Street Journal, The Next Web, and news.com.au
Tweets: @neerajka, @firstadopter, @evelyndouek, @birnbaum_e, @sarafischer, @grady_booch, @jchengwsj, @esaagar, and @tiffanycli
| Stephanie Condon / ZDNet: |
Google debuts an iOS app letting users back up a phone's photos, videos, contacts, and calendar events using Google account storage, and a storage manager tool — Any Google user can now take advantage of the Google One phone backup feature, along with a new, free storage manager tool.
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The Keyword, BetaNews, BGR India, PCWorld, Phandroid, Android Authority, Engadget, Firstpost Tech, and TechRadar
| Ross Andersen / The Atlantic: |
An in-depth look at how China is using AI-powered tech to build totalitarian surveillance systems before exporting that tech to other regimes around the world — Northwest of Beijing's Forbidden City, outside the Third Ring Road, the Chinese Academy of Sciences has spent seven decades building a campus of national laboratories.
Tweets: @zeynep, @edyong209, @theatlantic, @gladstein, and @privacyde
| Cho Mu-Hyun / ZDNet: |
Samsung reports Q2 earnings with sales of ~$44.5B, down 5.6% YoY, and an operating profit of ~$6.8B, up 23.5% YoY, as demand for memory chips increased — Samsung posted 8.15 trillion won in second quarter operating profit, with its semiconductor business contributing 5.43 trillion won of that.| Foo Yun Chee / Reuters: |
Sources: EU antitrust regulators are set to open a full-scale investigation of Google's $2.1B bid for Fitbit after EC preliminary review ends August 4 — BRUSSELS (Reuters) - EU antitrust regulators are set to open a full-scale investigation into Alphabet Inc unit Google's $2.1 billion bid …
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Gizmodo, 9to5Google, CNET, The Verge, The Irish Times, Neowin, and Android Headlines
| Kyle Wiggers / VentureBeat: |
Candis, which develops software for automated accounting and payment processes, raises €12M Series B led by Viola Ventures and Rabo Frontier Ventures — Candis, a startup developing a platform for automated accounting and payment processes, this week closed a €12 million ($13.97 million) funding round.
More:
Tech.eu and EU-Startups
| Institute for Local Self-Reliance: |
Report: Amazon collects 30%, on average, of each sale made by independent sellers on its site, up from 19% just five years ago; seller fees netted ~$60B in 2019 — Amazon's dominance of online retail means that hundreds of thousands of small businesses must rely on its site to reach customers.
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Vox and Politico
Tweets: @pat_garofalo, @ronmknox, @jaai1234, @ddhitchens, @ronmknox, and @susanrholmberg
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Square's product chief on the death of the penny and the future of money
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