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July 29, 2022, 12:55 PM
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| Cecilia Kang / New York Times: |
Lina Khan's attempt to block Meta's Within acquisition upends decades of antitrust standards and could shift how DC regulates competition in nascent industries — Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature.
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Financial Times and Dave Lee
Tweets: @blakereid, @enbrown, @enbrown, @johnnyryan, @enbrown, @liroyleshed, @anshelsag, @daveleeft, @binarybits, @glenweyl, @karlbode, @karlbode, @kevinakwok, @enbrown, @ctbeiser, @benz145, @binarybits, @veenadubal, @adamkovac, @enbrown, @choo_hehimlvl3, @julieinannap, @enbrown, @enbrown, and @onekade
| Leah Nylen / Bloomberg: |
Sources: Lina Khan overruled FTC staff to sue Meta over its Within acquisition; FTC didn't take sworn interviews of company execs during the nine-month inquiry — Federal Trade Commission Chair Lina Khan led her fellow Democrats in the agency's majority vote to sue Meta Platforms Inc. this week …
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Meta and The Verge
Tweets: @scottlincicome, @carlszabo, @tedfrank, @dwcaprio, @ericjackson, @amir, @adamkovac, and @gregstohr
| Apple: |
Apple reports record Q3 revenue of $83B, up 2% YoY, vs $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B — iPhone and Services drive June quarter record revenue — Active installed base of devices reaches all-time high for all major product categories| Kif Leswing / CNBC: |
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MacStories, Philip Elmer‑DeWitt, iThinkDifferent, Six Colors, AppleInsider, Patently Apple, 9to5Mac, Coinspeaker, Silicon Republic, Gizchina, Neowin, and BGR India
Tweets: @patrickmcgee_, @benbajarin, @joannastern, @jason_kint, @trengriffin, @divestech, @munster_gene, @neilcybart, @neilcybart, @jimcramer, @neilcybart, @neilcybart, @trungtphan, @lapcatsoftware, @stroughtonsmith, @divestech, @divestech, @neilcybart, @neilcybart, @neilcybart, @samifathi_, @neilcybart, @mingchikuo, @ron_miller, @epro, and @anthony
| Amanda Seitz / Associated Press: |
Twitter says it had ~60K legal demands globally in H2 2021 and it complied fully with ~40% of requests; the US accounted for 20% of account information requests — WASHINGTON (AP) — Twitter warned Thursday that governments around the globe are asking the company to remove content or snoop … | Richard Lawler / The Verge: |
A Delaware judge rules that Twitter's case against Elon Musk over the failed $44B takeover will go to trial from October 17 to October 21 — Everybody's going to the Court of Chancery — We have a schedule for the Delaware Court of Chancery trial over T witter's lawsuit against Elon Musk …
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Bloomberg, Washington Post, TechCrunch, Reuters, MobileSyrup, Barron's Online, WRAL TechWire, Fortune, International Business Times, and Engadget. Tweets: @mims
| Richard Lawler / The Verge: |
In an email to Twitter Blue subscribers, Twitter says it is increasing the price of the service; in the US, the price will jump from $2.99 to $4.99 per month — Who would pay for Twitter? — People frequently express their amazement that Twitter is free, but for some people, it isn't …
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TechCrunch, Gizmodo, Android Police, Thurrott, 9to5Mac, MSPoweruser, Droid Life, Neowin, XDA Developers, PCMag, KnowTechie, Pocket-lint, Engadget, BetaNews, Phandroid, and Mashable
Tweets: @mattnavarra, @hunterwalk, @willoremus, @markgurman, @davepell, @jarango, @sawyermerritt, @keithedwards, @mgsiegler, @y_molodtsov, @davepell, @film_girl, @ow, @stuartbruce, @akindolu, @jangles, and @markgurman
| Paul Alcorn / Tom's Hardware: |
Intel is winding down its Optane memory business, incurring a $559M inventory impairment; Optane is the sixth non-core business Intel CEO Pat Gelsinger has sold — 3D XPoint at the last crossroad. — Intel's Q2 2022 earnings report today was uncharacteristically disappointing …
More:
PCWorld, AnandTech, The Register, TechRadar, and Appuals.com. Tweets: @cscotta. Thanks:@paulyalcorn
| Jordan Novet / CNBC: |
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Intel, SemiAnalysis, Reuters, Windows Central, Tom's Hardware, Tom's Hardware, Bloomberg, Fabricated Knowledge, Computerworld, HotHardware, Finbold, Silicon Republic, TechCircle, Coinspeaker, and Fossbytes
Tweets: @benbajarin, @stevesi, @markhachman, @baldingsworld, @dylan522p, @dylan522p, @tculpan, @jonmasters, @dylan522p, @niubi, @jonmasters, @donal888, and @patrickmoorhead
| Casey Newton / Platformer: |
Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations — Say goodbye to the full-screen feed, and at least some of those recommendations — for now. Adam Mosseri explains why
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BuzzFeed News, HotHardware, The Verge, BBC, Neowin, Insider, Wired UK, New York Times, PetaPixel, NBC News, بهر …, Silicon Republic, Variety, Android Authority, Pocket-lint, iPhone in Canada Blog, The i Paper, Kulturpop, The Overspill, Mobile Dev Memo, Wccftech, That Was The Week, The Guardian, Livemint, and BGR India
Tweets: @caseynewton, @pierce, @platformer, @chillmage, @caseynewton, @illumitatiana, @pierce, @mistydemeo, @lordravenscraft, @caseynewton, @steven_aquino, @brianoliu, @tomwarren, @chillmage, @urbanjodi, @brianmanzullo, @chillmage, @gutjahr, @tnwhiskeywoman, @caseynewton, @tiffanydesigned, @studioanisa, @aria_gerson, @shitlicious, @hypervisible, @ellencscott, @mcely, @laurenjauregui, @rob_sheridan, @culturecrave, @esaagar, @chaykak, @ericajoy, @mosseri, and @issielapowsky
| Amanda Silberling / TechCrunch: |
More:
The Economic Times, VICE, In The Loop on Gen Z, and PetaPixel
| David E. Sanger / New York Times: |
As Congress debated the $280B CHIPS Act for 13 months, China's semiconductor industry surged ahead, producing an advanced 7nm chip to rival those made in Taiwan — While Congress argued over whether and how to support American chip makers and research in other technologies China was surging ahead.
More:
Defense One, RCR Wireless News, and Protocol
Tweets: @trevorcroker, @chrisfralic, @profamirattaran, @sangernyt, @williamyang120, @mtdtl, @dcastelvecchi, @mpsellitto, and @tejus_sawjiani
| Makena Kelly / The Verge: |
More:
IEEE Spectrum, Silicon Republic, South China Morning Post, CoinDesk, Club386, Reuters, DCD, Wired, CNBC, and PhoneArena
Tweets: @niubi, @pgelsinger, @thedragonfeeder, @repjudychu, @billevanina, @jonmasters, @jonmasters, @sandralrivera, @whcos, and @jonmasters
| Bloomberg: |
By stepping away from Ant Group, Jack Ma escapes Beijing's scrutiny; Ma has been seen traveling Europe after disappearing from public view for almost two years — Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years … | Olivia Solon / Bloomberg: |
Sources: a Chinese government PR division asked to open a stealth account on TikTok, targeting Western audiences; TikTok declined the “sensitive” request — A Chinese government entity responsible for public relations attempted to open a stealth account on TikTok targeting Western audiences …
More:
The Guardian and PCMag
Tweets: @oliviasolon, @zoeschiffer, @mikeelgan, @lmatsakis, @byron_wan, @oliviasolon, and @martinsfp
| Abner Li / 9to5Google: |
Amazon will shut down Drive, its cloud storage service launched in 2011, at the end of 2023 to focus “on photos and video storage with Amazon Photos” — In an email to customers this morning, Amazon announced that its “Drive” cloud storage service is shutting down at the end of 2023.
More:
Thurrott, GeekWire, The Verge, AppleInsider, Tom's Hardware, and AFTVnews. Tweets: @killedbygoogle
| Pete Schroeder / Reuters: |
US banking regulators order Voyager Digital to cease and desist from making “false and misleading” claims that its customers' funds were insured by the FDIC — U.S. banking regulators have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” …
More:
CoinDesk, FDIC, Blockworks, Bitcoin News, CryptoSlate, Cryptonews, and Cointelegraph. Tweets: @claritytoast
| Todd Bishop / GeekWire: |
Amazon's direct workforce declined by 99K in Q2 to 1.52M, a record QoQ drop, primarily due to attrition in its warehouses after the pandemic-driven expansion — Amazon's direct workforce declined by 99,000 employees from the first to the second quarter, to 1.52 million people … | Amazon: |
More:
PYMNTS.com, Protocol, CNBC, Fast Company, CNBC, Finbold, Coinspeaker, ComputerWeekly.com, The Economic Times, and diginomica
Tweets: @conorsen, @carnage4life, @jonathanvanian, @charliebilello, @conorsen, @parismartineau, @delrey, and @patrickmoorhead
| Manish Singh / TechCrunch: |
Battle-royale game BGMI, with 16.5M MAUs in India, delisted from iOS and Android app stores after Indian government ban, two years after a ban of Krafton's PUBG — Google has pulled the popular battle royale game Battlegrounds Mobile India, more popularly known as BGMI …
More:
Reuters, The Indian Express, The Economic Times, Inc42 Media, GamesIndustry.biz, The Economic Times, BBC, Trak.in, MediaNama, Firstpost Tech, and Livemint
Tweets: @refsrc, @adityakalra, @gagan_arora1, and @adityakalra
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