| 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 … | Justin Wise / The Hill: |
During hearing, Rep. David Cicilline confronted Mark Zuckerberg on the spread of misinfo on Facebook, saying it has grown too big to contain dangerous content — Rep. David Cicilline (D-R.I.), the chairman of the House antitrust subcommittee, on Wednesday confronted Facebook CEO Mark Zuckerberg … | Ina Fried / Axios: |
Rep. David Cicilline, who chaired the House's Big Tech hearings, says Facebook should be broken up, in part because of its Instagram and WhatsApp acquisitions — Rep. David Cicilline (D-R.I.), who ended Wednesday's hearing by saying some Big Tech companies need to be broken up … | Richard Nieva / CNET: |
| Emil Protalinski / VentureBeat: |
| Casey Newton / The Interface: |
| Juli Clover / MacRumors: |
| 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| 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 … | Steve Kovach / CNBC: |
| 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| 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 … | 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.| 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: |
| 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 — Local authorities in China made 109 arrests today in connection with the notorious PlusToken Bitcoin project, according to local news outlet Cailian News.| 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.| 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.| 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 … | Lucas Shaw / Bloomberg: |
Moonbug buys Cocomelon, the most viewed YouTube channel, and Blippi, forming the largest network of kids channels on YouTube with 235M subscribers — Moonbug Entertainment Ltd. is building a kids media empire for the YouTube generation. — The London-based company has acquired … | 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.
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| Frederic Lardinois / TechCrunch: |
| Institute for Local Self-Reliance: |
| Tiffany Hsu / New York Times: |