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December 10, 2020, 2:05 PM
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| New York Times: |
Legal experts say FTC and state AGs will find it challenging to prove their allegations against Facebook because the standards of proof are formidable — The U.S. and states cases against the social network are far from a slam dunk because the standards of proof are formidable.
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New York Times, Windows Central, Fortune, 9to5Mac, The Irish Times, Wired, and Bloomberg
Tweets: @sarahfrier, @tiffanydcross, @ceciliakang, and @ingrahamangle
| Jennifer Newstead / About Facebook: |
Facebook responds to the FTC and state AGs, saying the lawsuits they've brought forth are “revisionist history” and their antitrust case is unprecedented — Billions of people use Facebook's products every day. To earn their time and attention, we compete fiercely against many other services across the world.
| Federal Trade Commission: |
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New York Times, Federal Trade Commission, AVC, Reuters, On my Om, Wall Street Journal, The Guardian, Slate, HotHardware.com News, The Verge, Business Insider, The.Ink, BIG by Matt Stoller, BuzzFeed News, Los Angeles Times, Protocol, TidBITS, TechSpot, diginomica, Android Police, KnowTechie, Axios, NextPit, XDA Developers, Cointelegraph, Washington Post, Bloomberg, CNN, The Overspill, Pocket Gamer.biz, news.com.au, The Economic Times, Tubefilter, TechCrunch, MakeUseOf, and Financial Times
Tweets: @fbnewsroom, @sarahfrier, @caseynewton, @newyorkstateag, @mikeisaac, @sal19, @berniesanders, @senwarren, @alexstamos, @aoc, @edmundlee, @repkenbuck, @chopraftc, @hawleymo, @caseynewton, @carminesabia, @chopraftc, @mikeisaac, @ceciliakang, @davidcicilline, @film_girl, @yegg, @brooklynmarie, @alecstapp, @walthickey, @chopraftc, @munster_gene, @stroughtonsmith, @awolfeful, @elkmovie, @theonion, @slpng_giants, @jason_kint, @elkmovie, @rileytestut, @jason_kint, @carolecadwalla, @chrisinsilico, @jgreenblattadl, @gravelinstitute, @mattmfm, @brentbozell, @calebjhull, @kantrowitz, @marietjeschaake, @wongmjane, @thomasphi2, @ashk4n, @yashalevine, @josh_moon, @migueldeicaza, @rmac18, @shiraovide, @rmac18, @rmac18, @will_doran, @will_duffield, @rmac18, @kantrowitz, @tayhatmaker, @mattnavarra, @jordannovet, @film_girl, @jrhuddles, @jrhuddles, @willoremus, @profgalloway, @karlbode, @karlbode, @stroughtonsmith, @mattnavarra, @chopraftc, @chopraftc, @film_girl, @film_girl, @sal19, @b_fung, @benedictevans, @shiringhaffary, @benedictevans, @ldrogen, @joannastern, @ow, @caseynewton, @joshsternberg, @alexstamos, @alexstamos, @alexstamos, @markdistef, @ow, @ftc, @ftc, @ftc, @ftc, @sarahfrier, @benedictevans, @broderick, @caseynewton, @paulmasonnews, and @jamestitcomb
| Lauren Feiner / CNBC: |
Airbnb opens at $146, up from its $68 IPO price, on its first day of trading after raising $3.5B at a valuation of $47.3B — - Airbnb is set to double its share price in its IPO debut on Thursday. — Shares were priced at $68 on Wednesday and are now expected to reach about $153 when it starts trading.
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Wall Street Journal, Bloomberg, The Guardian, CNET, Business Insider, Bloomberg, Silicon Valley Business …, PR Newswire, New York Times, The Startup, CoinDesk, Fortune, coinspeaker.com, Silicon Republic, ZDNet, and PYMNTS.com
Tweets: @sonalibasak, @danprimack, @cloud_opinion, @bent, @justinkan, @modestproposal1, @sacca, @mikeisaac, @levynews, @mikeisaac, @eliotwb, @alex, @alex, @shiraovide, and @arrington
| Reed Albergotti / Washington Post: |
Cydia, a once-popular app store for jailbroken iOS devices, sues Apple, alleging the company used anti-competitive tactics in clearing the way for the App Store — Cydia, one of the first app stores on iPhone, is suing Apple, alleging anti-competitive behavior
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MacRumors, AppleInsider, VICE, 9to5Mac, iClarified, MacDailyNews, iMore, Apple Terminal, and iDownloadBlog.com
Tweets: @markvillacampa, @rileytestut, @reedalbergotti, @fox0x01, @fox0x01, and @thegrugq
| Natasha Lomas / TechCrunch: |
Germany launches an antitrust probe into Facebook tying Oculus use to possession of a Facebook account — Facebook's bad week just got worse: It's being investigated in Germany for linking usage of its VR product, Oculus, to having a Facebook account. — The tech giant raised the hackles …
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Bundeskartellamt, The Verge, The Hill, Gizmodo, The Independent, SlashGear, Engadget, Neowin, Android Central, The Irish Times, and Input
Tweets: @jessedamiani, @jrmoorman, @mattnavarra, and @montezumachavez
| Mitchell Clark / The Verge: |
Twitter says iOS users can now add tweets to Snapchat Snaps as stickers and it will soon test sharing tweets to Instagram Stories — Twitter continues to take over all social networks — Twitter is making it even easier to spread your tweets far and wide to every social media platform imaginable.
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TechCrunch, 9to5Mac, Engadget, Variety, Reuters, Mashable, and Input
Tweets: @twitter, @kayvz, @carnage4life, and @twittersupport
| Khari Johnson / VentureBeat: |
Q&A with ex-Google AI ethics co-lead Timnit Gebru, who says Sundar Pichai's “de-escalation strategies” language in his memo paints her as an “angry Black woman” — In a companywide memo to employees Wednesday, Google CEO Sundar Pichai said he's sorry …
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New York Times, BBC, The Hill, The Guardian, ExtremeTech, Android Central, Engadget, Wired, and Axios
Tweets: @lemire, @timnitgebru, and @sidneyfussell
| Catalin Cimpanu / ZDNet: |
Adobe has released its final scheduled Flash Player update for all regions outside of mainland China and will block Flash content from January 12 — Adobe releases final Flash update with stronger language asking users to uninstall the app before its EOL. — Adobe has released on Tuesday …
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The Verge, Adobe Help Center, Forbes, Rock, Paper, Shotgun, XDA Developers, TechSpot, and MakeUseOf
| Nick Statt / The Verge: |
Google, Dell, Intel, Slack, Zoom, and others form The Modern Computing Alliance to tackle security, remote work, and other enterprise issues — The Modern Computing Alliance also includes Slack, Zoom, and others — Google, Dell, Intel and a handful of other major tech companies … | Charlie Warzel / New York Times: |
Biden staffers say their experiences in dealing with Facebook during the election left them concerned that the company is a threat to the electoral process — Inside the battle between Biden and Facebook. — Opinion Writer at Large — In the days after the election …
Tweets: @cwarzel, @cwarzel, @ethannichtern, @brendannyhan, @whotargetsme, @nytopinion, @anandwrites, @cwarzel, @melissaryan, and @noahshachtman
| Ryan Browne / CNBC: |
Google launches knowledge panels in search results to show accurate information about coronavirus vaccines, starting with the UK — - Google has launched new knowledge panels to show people accurate information about coronavirus vaccines. — The feature is only available in the U.K …
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The Keyword, ZDNet, Business Insider, TechCrunch, 9to5Google, Forbes, Mashable, Android Central, The Verge, and Engadget
Tweets: @google and @mantzarlis
| Washington Post: |
National Weather Service says it has an Internet bandwidth problem and proposes limiting users to 60 connections/minute, which could hurt weather apps and sites — Agency floats a solution to problems that could hobble private companies and affect popular weather apps.
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Gizmodo. Tweets: @raju, @ron_miller, @afreedma, @weather_west, @davidbernardtv, @capitalweather, and @ericgeller
| Sarah Perez / TechCrunch: |
Facebook launches Shopping in Instagram Reels, rolling out globally starting today, letting businesses and creators tag products when they create Reels — Instagram today is launching Shopping in Reels, its TikTok competitor. The new feature was announced in October as something the company …
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XDA Developers, Tubefilter, The Verge, and PYMNTS.com
| Natasha Lomas / TechCrunch: |
French data protection agency CNIL fines Google $120M and Amazon $42M for placing tracking cookies without consent — France's data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent. — Google has been hit with a total …
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BBC, Reuters, International Business Times, Reuters, Wall Street Journal, RFI, CNBC, Input, ComputerWeekly.com, Fortune, Forbes, The Verge, and MediaNama. Tweets: @mikebutcher. Thanks:@riptari
| Zack Whittaker / TechCrunch: |
Spotify says it has reset an undisclosed number of user passwords after fixing a bug in its systems that exposed users' account data to its business partners — Spotify said it has reset an undisclosed number of user passwords after blaming a software vulnerability in its systems …
Tweets: @zackwhittaker
| Steve O'Hear / TechCrunch: |
Cleo, creator of an AI-powered financial assistance app and chatbot, raises $44M Series B led by EQT Ventures — Cleo, the London founded “financial assistant” that takes the form of an app and chatbot and now counts the U.S. as its largest market, has raised $44 million in Series B funding.| D. M. Moore / Polygon: |
AT&T has agreed to sell Japanese anime streaming service Crunchyroll to Sony's Funimation Global Group for $1.18B — The move consolidates the anime industry in a major way — On Wednesday, Sony Pictures Entertainment Inc. announced that AT&T and WarnerMedia agreed to sell Crunchyroll to Funimation.
More:
Sony Pictures Entertainment, Light Reading, MakeUseOf, Bloomberg, and Crunchyroll
Tweets: @crunchyroll, @quan, @tonybonesarelli, and @theryanford
| Jordan Crook / TechCrunch: |
UserLeap, which builds tools to give product managers more qualitative data, raises $16M Series A led by Accel — Product managers can only be successful if they can make effective use of both quantitative and qualitative data. But mapping the former to the latter, and collecting high-quality data … | Ron Miller / TechCrunch: |
Fairmarkit, which provides enterprise procurement software for clients like Boston's mass transit system, raises $30M Series B, bringing total raised to $42M — As the pandemic has raged on, it has shined a spotlight on the importance of procurement, especially in certain sectors.| Ingrid Lunden / TechCrunch: |
Turing, an automated service to vet and match remote software developers with companies, raises $32M Series B led by WestBridge Capital — As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform …
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