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July 30, 2021, 10:20 PM
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| Stephanie Bodoni / Bloomberg: |
In a filing, Amazon disclosed EU privacy regulators fined the company a record $888M 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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| Amazon.com, Inc.: |
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GeekWire, Barron's Online, NBC News, PYMNTS.com, Marketing Dive, Financial Times, CNBC, TechSpot, TNW, CNBC, Fast Company, Tamebay, The Guardian, The Register, Reuters, Barron's Online, and Yahoo Finance
| 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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Tweets: @elonmusk, @elonmusk, @elonmusk, @markgurman, @markgurman, @crtrud, @timkhiggins, @elonmusk, @trungtphan, @markgurman, @timsweeneyepic, @markgurman, @elonmusk, @rmac18, @somospostpc, @superscientific, @campuscodi, @kantrowitz, @resistbotatwork, @chancehmiller, @hallstephenj, @bzamayo, @mikebeas, @dbreunig, @markgurman, @edzitron, @alex_avoigt, @chancehmiller, @snazzyq, @bonejail, @bizmarkiedesade, @rmac18, @russ1mitchell, @martinsfp, @carnage4life, @timkhiggins, @daniel_rubino, @gerberkawasaki, @anildash, @charlesarthur, @jonyiveparody, @scobleizer, @gartenberg, @chrisbloomstran, @tomgara, @downeastcapital, and @alexyablon
| 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.| Reuters: |
SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for companies about the risks they face in China — (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, PYMNTS.com, CNN, Blockworks, Financial Times, ZDNet, Axios, Bloomberg, and Reuters
Tweets: @garygensler, @vlajournaliste, @danwwang, @senatorhagerty, and @secgov
| Dan Wang / Foreign Affairs: |
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IP Osgoode and Barron's Online
Tweets: @foreignaffairs, @iandenisjohnson, @charlesmok, @thisissoliman, @danwwang, and @gyude_moore
| 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 …
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Twitter, The Verge, Livemint, SlashGear, Engadget, fossbytes.com, Dark Reading, and Reuters
Tweets: @stshank and @quinnypig
| Tim Perry / HTTP Toolkit: |
Safari's extremely slow pace in adopting popular features and fixing showstopping bugs, and refusal to engage with contentious API proposals, is harming the web — There's been a lot of discussion recently about how “Safari is the new IE” (1, 2, 3, 4, 5). — I don't want to rehash … | Stephan Kahl / Bloomberg: |
Germany to allow institutional funds, which currently manage a total of ~$2.1T, to hold up to 20% of their holdings in Bitcoin and other crypto assets — - Law would let billions of euros flow into crypto assets — Spezialfonds effected currently manage 1.8 trillion euros| Eva Dou / Washington Post: |
China's top court issues new guidelines that hotels, airports, and other commercial venues must get consent from customers to use facial recognition from Aug. 1 — Guo Bing, a law professor in the Chinese city of Hangzhou, liked the zoo enough to purchase an annual pass.
Tweets: @sheenagreitens, @sophiehrw, @noahpinion, and @evadou
| Eric Seufert / @eric_seufert: |
[Thread] Facebook's future prospects remain strong as the secular rise of digital advertising blunts any headwinds from regulators, Apple, critics, and others — My takeaway from $FB earnings: Facebook will inevitably become the most important company in the lives of most people on Earth for the next 20-30 years. I don't see any credible, extant mechanism that can constrain its growth (1/X)
Tweets: @mchowla, @barryschwartzbw, @chronotope, @johnhuber72, @jongold, @eric_seufert, @pbannist, @qcapital2020, @johnkoetsier, @eric_seufert, @eric_seufert, @eric_seufert, @eric_seufert, @can, @eric_seufert, @eric_seufert, @jowens510, @eric_seufert, @eric_seufert, @jason_kint, @jason_kint, and @jason_kint
| Tom Wilson / Reuters: |
Amid regulatory pressure, Binance says it will wind down its futures and derivatives products in Germany, Italy, and the Netherlands — Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe, a move that comes after unprecedented pressure from regulators.
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Binance, Bitcoinist.com, BitcoinExchangeGuide, Forbes, CoinDesk, Coinspeaker, cryptodaily.co.uk, Cointelegraph, Crypto Briefing, Cryptonews, and The Block. Tweets: @anbessa100
| 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, @sominisengupta, @kwameopam, @daveyalba, @daveyalba, and @daveyalba
| Ashley Carman / The Verge: |
In an email to creators, Mark Cuban-funded Fireside, which hosts live audio chats, says it is accepting investments through August from anyone interested — It hasn't even launched publicly yet — The Mark Cuban-funded and co-founded audio app Fireside has yet to publicly launch …
Tweets: @jowyang and @ashleyrcarman
| Telegram: |
Telegram's latest update adds group video calls of up to 1,000 users with 30 simultaneous broadcasts, video messages, screen sharing during video calls, more — This update takes video to the next level. Group video calls now have up to 1000 viewers, video messages record in higher quality … | Igor Bosilkovski / Forbes: |
Modern Animal, a pet care service offering 24/7 telemedicine and a more “intelligent” labor model for veterinarians, raises $40M Series B led by Founders Fund — Veterinary company Modern Animal, cofounded and spearheaded by Under 30 honoree Steven Eidelman, announced today that it has raised $75.5 million.| Chaim Gartenberg / The Verge: |
A look at Intel's dismal 2020, which saw the delay of its 7nm architecture, Apple's switch to Arm-based chips, and the departure of Jim Keller and other execs — In the summer of 2020 Intel seemed poised for triumph. Then it all went wrong. “To put it briefly: Intel blew it,” …
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Creative Strategies. Tweets: @eastdakota, @dimillian, @timsweeneyepic, @tomwarren, @iancutress, and @benbajarin
| Peter Guest / Rest of World: |
As Southeast Asian governments introduce “fake news” laws to fight COVID-19 misinformation, conspiracists thrive on Telegram and other non-public platforms — Singapore's conspiracists thrive on Telegram, while a punk rocker and a former health official drive rumors in Indonesia.
Tweets: @febrofirdaus, @ismailfahmi, @restofworld, @cengizyar, and @restofworld
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