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October 12, 2020, 10:20 PM
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Associated Press:
Facebook will now ban posts that deny or distort the Holocaust; Zuckerberg says his “thinking has evolved” as data shows an increase in anti-Semitic violence  —  Facebook is banning posts that deny or distort the Holocaust and will start directing people to authoritative sources …
More: About Facebook, The Verge, CNBC, Axios, CNN, Ars Technica, TechCrunch, Yahoo Finance, Wall Street Journal, CBS News, The Independent, Anti-Defamation League, TIME, New York Times, CTech, The Register, Engadget, PCMag, New York Post, UPI, ConsumerAffairs.com, Sky News, MakeUseOf, NPR, Social Media Today, JNS.org, Sputnik News, HistoryNet, The Daily Caller, Wonkette, UNILAD, International Business …, Voice of America, Anadolu Ajansı …, theepochtimes.com, yadvashem.org, Futurism, The Daily Dot, The Next Web, VICE, iMore, Neowin, Washington Post, and Adweek
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Sarah Frier / Bloomberg:
Facebook says its new policy that bans the denial or distortion of the Holocaust does not apply to other genocides, such as the Armenian or Rwandan genocides  —  Facebook Inc. will ban posts that deny the Holocaust in a reversal of a long-held and controversial policy.
Andrew Marantz / New Yorker:
Facebook's ineffective content moderation efforts, unevenly enforced and handled by low-paid moderators, show it can't and doesn't have the will to fix itself
Davey Alba / New York Times:
Study: Facebook likes, comments, and shares from outlets that routinely publish misinformation roughly tripled from Q3 2016 to Q3 2020 to 1.8B interactions
Catalin Cimpanu / ZDNet:
Microsoft, Symantec, ESET, and other tech companies orchestrated an attempt to take down the TrickBot malware botnet, which had infected 1M+ computers  —  FS-ISAC, ESET, Lumen's Black Lotus Labs, NTT, Symantec, and the Microsoft Defender team participated in the takedown.
Brian Krebs / Krebs on Security:
Despite a broad effort to disrupt TrickBot, including legal action by Microsoft, some command and control servers of the botnet still appear to be online  —  Microsoft Corp. has executed a coordinated legal sneak attack in a bid to disrupt the malware-as-a-service botnet Trickbot …
Sarah Whitten / CNBC:
Disney announces a reorg, says its “primary focus” for entertainment will be streaming, as the pandemic has dramatically impacted its theatrical business  —  - Disney is restructuring its media and entertainment divisions.  — In order to further accelerate it's direct-to-consumer strategy …
Daniel Bader / Android Central:
Sources: Carl Pei, co-founder of OnePlus, has left the company in recent weeks after rumors of a power struggle with current CEO, Pete Lau  —  His departure comes after launching the Nord sub-brand earlier this year.  —  OnePlus co-founder Carl Pei has left the company, Android Central can confirm.
Josh Dzieza / The Verge:
Foxconn, which touted its partnership with Wisconsin to build an LCD plant there, is denied WI tax subsidies after it failed to meet hiring benchmarks in 2019  —  Foxconn isn't building what it promised and failed to hire enough people  —  Through the many twists and turns …
Jay Peters / The Verge:
What to expect from Apple's “Hi, Speed” event: four new iPhones with iPad Pro-like design supporting 5G, smaller HomePod, over-ear headphones, AirTags, and more  —  There's some mystery about what could be announced besides iPhones  —  Apple's next fall event kicks off tomorrow at 1PM ET …
Theodore Schleifer / Vox:
Mark Zuckerberg and Priscilla Chan are pushing for a reform to CA tax law that would use property taxes to fund education, spending almost $11M on the effort  —  Priscilla Chan and Mark Zuckerberg are making the biggest electoral bet of their careers to date.  Courtesy of The Chan Zuckerberg Initiative
Dan Seifert / The Verge:
Google's Nest unveils a thermostat with a simpler design, ditching the rotating dial, available to pre-order today for $130, a $40 discount on Nest Thermostat E  —  The new Nest Thermostat ditches the signature rotating dial  —  Google's Nest smart home division has a new smart thermostat available to order starting today.
Hugh Son / CNBC:
Sources: Revolut is close to applying for a bank charter in CA; source says charter will allow Revolut to operate throughout the US via interstate agreements  —  - Revolut, the biggest European digital bank with 13 million users, is close to applying for a banking license in the U.S., CNBC has learned exclusively.
More: PYMNTS.com and Reuters
Ingrid Lunden / TechCrunch:
Twilio confirms it is buying customer data infrastructure company Segment for $3.2B in an all-stock deal, expected to close in Q4 2020  —  Twilio today announced its biggest acquisition to date, spearheading a strong move into customer data management alongside its existing API-based tools …

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From Mediagazer

New York Times:
Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance

Todd Spangler / Variety:
Filing: Warner Bros. Discovery CEO David Zaslav's 2023 compensation package was worth $49.7M, up 26.5% from the year prior, with $23.1M in stock awards

David Ingram / NBC News:
Hyundai says it is pausing ads on X, after one ad appeared next to antisemitic and pro-Nazi content; the ad appeared on a user profile that had 55K+ followers

More News

Axios:
CrowdTangle: unlike on Facebook, liberal messaging flourishes on Instagram, with recent posts on climate change getting 20.3M interactions vs. 6.9M on Facebook

Earlier Picks

Javier Espinoza / Financial Times:
Sources: EU is making a “hit list” of up to 20 large internet companies, likely to include Facebook and Apple, subject to tougher rules to curb market power
Will Oremus / OneZero:
A look at possible antitrust action against Big Tech following the release of reports from both Democrats and Republicans last week
Catalin Cimpanu / ZDNet:
Five Eyes governments as well as India and Japan make a new call for backdoors into products that are end-to-end encrypted
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