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July 30, 2020, 10:15 AM
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| 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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Washington Post, Politico, New York Times, Slate, Slate, The Atlantic, Bloomberg, 9to5Mac, New York Magazine, Wired, The Guardian, Politico, CBS News, CNET, New York Times, CyberNews, Morning Brew, and SiliconANGLE
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
| 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, BBC, iMore, Washington Post, iPhone in Canada Blog, iPhone Hacks, SlashGear, AppleInsider, and Reuters
Tweets: @markgurman, @reckless, @marcoarment, @dhh, @markgurman, @dhh, and @edbott
| 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, Engadget, TechRadar, and Bloomberg
Tweets: @castrotech, @johannesreck, @file411, and @richardjnieva
| 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, Axios, news.com.au, Fossbytes, and The Overspill
Tweets: @caseynewton, @alecstapp, @rmac18, @ajs, @reckless, @mattrosoff, @willoremus, @kurtwagner8, @mmasnick, @competitionprof, @jason_kint, @karaswisher, @wyntermitchell, @karaswisher, @kimlacapria, @slpng_giants, @brooklynmarie, @sarahfrier, @robaeprice, @sengianaris, @hshaban, @reckless, @protocol, @drdenagrayson, @reckless, @emmavigeland, @kevinroose, @tomwarren, @mishaalrahman, @sarahfrier, @sarahfrier, @sarahfrier, @kevinroose, and @asankin
| YouTube: |
Video of the House Antitrust Subcommittee hearing on online platforms and market power with the CEOs of Amazon, Facebook, Google, and Apple — TW: @HouseJudiciary | FB: HouseJudDems | IG: HouseJudDems | M: /HouseJudiciary Subcommittee on Antitrust, Commercial, and Administrative Law |
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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, @reckless, @mims, @rontkim, @levie, @tomwarren, @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
| Makena Kelly / The Verge: |
Asked if Amazon ever accessed and used seller data to make business decisions, Bezos said he can't guarantee the ban on the practice has never been violated — The company is investigating possible breaches — During Wednesday's antitrust hearing, Amazon and its CEO Jeff Bezos came under fire …
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Gizmodo, Axios, TechCrunch, Business Insider, and Washington Post
Tweets: @richardhanania and @jason_koebler
| Casey Newton / The Interface: |
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The Verge and Protocol
Tweets: @nxthompson, @maxschleiffer, @politico, @reckless, @oliverdarcy, and @renusatti
| Canalys: |
Report: Huawei shipped 55.8M devices globally, down 5% YoY, overtaking Samsung, which shipped 53.7M, down 30% YoY, becoming 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, CNN, The Irish Times, 9to5Google, CNET, BBC, Android Police, Phandroid, Softpedia News, Engadget, Android Central, Fortune, equalocean.com, SamMobile, Neowin, PhoneArena, Android Authority, Reuters, Gizchina, Silicon Republic, and Digital Trends
Tweets: @tariqkrim, @technikfaultier, and @mohammadfarooq_
| Javier Espinoza / Financial Times: |
Telegram files EU antitrust complaint against Apple, says 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, iMore, MacDailyNews, Fossbytes, and iPhone Hacks
| 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
| Cho Mu-Hyun / ZDNet: |
Samsung reports Q2 earnings with sales of ~$44.5B, down 5.6% YoY, but 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.| 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: |
More:
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
| 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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9to5Google, CNET, The Verge, Financial Times, Neowin, and Android Headlines
| Ross Andersen / The Atlantic: |
An in-depth look at how China is using AI-powered tech for building totalitarian surveillance systems and 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
| 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
| Ian King / Bloomberg: |
Qualcomm reports Q3 non-GAAP revenue of $4.9B, flat YoY, forecasts Q4 revenue of $5.5B to $6.3B, vs $5.8B est., announces Huawei license deal — - Deal with Chinese telecom company ends long-running dispute — CEO says rebound from Covid-19 slump faster than expected
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Reuters, iMore, CNBC, The Verge, iPhone Hacks, iDownloadBlog.com, Coinspeaker, Wccftech, MacRumors, and Investor's Business Daily. Tweets: @inafried
| 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.
More:
Vox and Politico
Tweets: @jaai1234, @pat_garofalo, @ronmknox, @ddhitchens, @ronmknox, and @susanrholmberg
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