| 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 … | 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 || 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 … | 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 … | 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 … | 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 … | Matt Day / Bloomberg: |
Amazon emails released by the antitrust subcommittee show Amazon's plan to weaken Diapers.com before buying its parent company Quidsi in 2010 — - Representative Scanlon says emails show Amazon is too powerful — Bezos testified that he couldn't remember Diapers.com episode| Emil Protalinski / VentureBeat: |
At the antitrust hearing, Cook was questioned 7 times, Bezos 13 times, Zuckerberg 16 times, and Pichai 16 times, the latter three for at least 50 minutes each — At the “Online Platforms and Market Power” virtual antitrust hearing today, the House Judiciary Committee questioned Amazon CEO Jeff Bezos … | Casey Newton / The Interface: |
| Peter Kafka / Vox: |
| 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.| 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| 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.| 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; stock jumps 12%+ — - Deal with Chinese telecom company ends long-running dispute — CEO says rebound from Covid-19 slump faster than expected| New York Times: |
Report: China-linked hackers infiltrated the Vatican's computer networks in the past three months, ahead of the Vatican's diplomatic negotiations with Beijing — In one attack, the hackers weaponized an electronic file with a letter that had a note of condolence from Cardinal Pietro Parolin, the Vatican's secretary of state.| Bloomberg: |
Arm has accused the ousted head of its China unit of hurting its business, in an escalating conflict that may hinder SoftBank's plans to sell the chip firm — - Arm fires back against accusations of interference by China JV — Dispute may hinder SoftBank's plans to sell chip designer Arm| 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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| Natalie Gagliordi / ZDNet: |
| Sara Fischer / Axios: |