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July 30, 2021, 2:45 PM
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| Stephanie Bodoni / Bloomberg: |
In a filing, Amazon discloses that EU privacy regulators levied a record $888M fine for violating GDPR data storage rules in a July 16 decision — - Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group
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The Economic Times, Reuters, Wall Street Journal, CNBC, TechCrunch, SiliconANGLE, PYMNTS.com, CNN, Variety, The Verge, PCMag, Financial Times, Politico, Android Central, GeekWire, Politico, iPhone in Canada Blog, CNET, AppleInsider, The Wrap, Engadget, Insider, BGR, Tech Xplore, and Mashable
Tweets: @maxschrems, @adam_k_levin, @privacymatters, and @carnage4life
| Amazon.com, Inc.: |
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+ — SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.
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TNW, PYMNTS.com, New York Times, CNBC, Insider, The Guardian, CNBC, Reuters, Coinspeaker, Fast Company, Tamebay, TechSpot, The Register, Barron's Online, Barron's Online, CNN, MarketWatch, Android Central, Telegraph, The Times, Quartz, Investor's Business Daily, Adweek, Yahoo Finance, Associated Press, Bloomberg, Australian Financial Review, The Verge, SiliconANGLE, Financial Times, Insider, Variety, and Reuters
| Jill Goldsmith / Deadline: |
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Ad Age, PYMNTS.com, ZDNet, Ad Age, GeekWire, CNBC, and CNET
Tweets: @carnage4life and @quinnypig
| Reuters: |
SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for investors disclosures over China's crackdown — (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) …
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U.S. Securities …, Protocol, Financial Times, Axios, Bloomberg, and Reuters
Tweets: @garygensler, @vlajournaliste, and @secgov
| Nathaniel Taplin / Wall Street Journal: |
China's crackdown on its tech giants could backfire, leaving Beijing with a seriously damaged consumer sector and slow-growing chip and robotics companies — When a government comes to believe it can snap its fingers and create—or destroy—whole industries at will, things can easily go awry
Tweets: @jchengwsj and @hkanji
| Natalie Wolchover / Quanta Magazine: |
Physicists say they used Google's quantum computer to demo a time crystal, which forever cycles between states without consuming energy, for the first time — Like a perpetual motion machine, a time crystal forever cycles between states without consuming energy.| Russ Mitchell / Los Angeles Times: |
New book claims Elon Musk demanded to be made Apple CEO during Tesla buyout talks in 2016, before Tim Cook cursed and hung up; Musk says he never spoke to Cook — Power Play: Tesla, Elon Musk, and the Bet of the Century — If you buy books linked on our site, The Times may earn a commission …
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MacRumors, 9to5Mac, 9to5Mac, The Verge, Insider, The Verge, Bloomberg, TechCrunch, AppleInsider, MacRumors, Daily Mail, fossbytes.com, MSPoweruser, Wccftech, MacDailyNews, iMore, iPhone Hacks, KnowTechie, Mercury News, and The Mac Observer
Tweets: @elonmusk, @elonmusk, @markgurman, @elonmusk, @crtrud, @bzamayo, @dbreunig, @tomgara, @carnage4life, @timkhiggins, @campuscodi, @rmac18, @rmac18, @snazzyq, @timkhiggins, @martinsfp, @markgurman, @resistbotatwork, @mikebeas, @markgurman, @hallstephenj, @edzitron, @markgurman, @bonejail, @anildash, @alexyablon, @gerberkawasaki, @bizmarkiedesade, @somospostpc, @gartenberg, @russ1mitchell, @downeastcapital, and @kantrowitz
| Davey Alba / New York Times: |
A look at the development of an Amazon warehouse in Windsor, CT, where the discovery of multiple nooses on site raises questions about Amazon's responsibilities — The discovery of multiple nooses has set off heated debates about the responsibility of companies and the ability of workers to speak their mind.
Tweets: @daveyalba, @daveyalba, @kwameopam, @daveyalba, @daveyalba, and @daveyalba
| Ashley Carman / The Verge: |
In an email to creators, audio app Fireside, funded by Mark Cuban, says it is accepting investments through August from anyone who is interested — It hasn't even launched publicly yet — The Mark Cuban-funded and co-founded audio app Fireside has yet to publicly launch …
Tweets: @ashleyrcarman
| Tom Wilson / Reuters: |
Binance says it will wind down futures and derivatives trading in Europe, amid regulatory pressure; users will have 90 days to close from a date specified later — Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe …
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Binance, Forbes, CoinDesk, Crypto Briefing, BitcoinExchangeGuide, Cointelegraph, Coinspeaker, cryptodaily.co.uk, and The Block. Tweets: @anbessa100
| Edward Ongweso Jr / VICE: |
48 civil rights and advocacy groups ask the FTC to ban corporate facial surveillance technology and continuous corporate surveillance of public space — The open letter uses Amazon as a case study to argue that corporate surveillance technologies cause immense harm and fall under the FTC's authority to ban.
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Washington Post, Input, Common Dreams, The Daily Dot, Medium, and Gizmodo. Tweets: @bigblackjacobin
| Jay Peters / The Verge: |
Snap says it resolved an issue that prevented some Snapchat users from logging in and advises users to manually update the app if the issue persists — Snap resolved an issue preventing users from logging in — Snapchat experienced a massive issue Thursday evening, with more than 125,000 users reporting problems on Downdetector.
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KnowTechie, iMore, TechRadar, iPhone in Canada Blog, inews.co.uk, Android Authority, ABC, 9News, 9to5Mac, and iMore
Tweets: @snapchatsupport and @snapchat
| Daniel Estrin / NPR: |
Source: NSO Group has temporarily blocked several government clients globally from using its technology as the company investigates their possible misuse — Israeli spyware company NSO Group has temporarily blocked several government clients around the world from using its technology …
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9to5Mac, Silicon Republic, Beyond Search, MediaNama, iMore, CNET, Axios, Washington Post, and The Guardian. Tweets: @profcarroll
| Stephen Shankland / CNET: |
Twitter offers bug bounty of up to $3,500 to spot bias in its photo cropping algorithm, which was shown to favor white people over Black people — Twitter has a new way to rid itself of artificial intelligence bias: pay outsiders to help it find problems. On Friday, the short-message app … | Nick Statt / Protocol: |
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires “union-busting” law firm — Activision Blizzard is in crisis mode. The World of Warcraft publisher was the subject of a shocking lawsuit filed … Sponsor Posts
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The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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The Upstarts Podcast:
Chapter's Cobi Blumenfeld-Gantz: From Palantir To $3B Medicare Disruptor
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Big Technology Podcast:
OpenAI President Greg Brockman on GPT-5.5 "Spud," AI Model Moats, and Cybersecurity Risks
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Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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