| Josh Sisco / Politico: |
Sources: the FTC has begun a review of Amazon's $1.7B takeover of iRobot to assess if the deal violates antitrust law and illegally boosts Amazon's market share — The FTC has officially begun a review of Amazon's $1.7 billion takeover of robot vacuum maker iRobot to decide … | Dave Michaels / Wall Street Journal: |
Filing: the FTC is investigating Amazon's $3.9B deal to buy One Medical — Probe adds to issues Amazon faces at antitrust enforcement agency — Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other — Created with sketchtool.| TechCrunch: |
Samsung says hackers stole some customer data, including names, contact and product registration information, in a breach of its US systems in late July 2022 — U.S. electronics giant Samsung has confirmed a data breach affecting customers' personal information.| Reed Albergotti / Semafor: |
| Richard Rubin / Wall Street Journal: |
The IRS says it inadvertently posted confidential information involving about 120,000 individuals on its website before discovering the error and removing it — Tax agency says error led to posting about some taxpayers with IRAs — WASHINGTON—The Internal Revenue Service inadvertently posted … | Varun Mishra / Counterpoint Research: |
The global premium smartphone average selling price rose 8% YoY to $780 in Q2 2022, driven by sales of $1,000+ devices; Apple captured 57% of the premium market — - The global premium smartphone market ($400 and above wholesale price) average selling price (ASP) grew 8% YoY to reach $780, a second-quarter record, in Q2 2022.| Krisztian Sandor / CoinDesk: |
Bankruptcy filing: Celsius says it expects ~$70M of “proceeds from the repayment of USD denominated loans”, which could help it operate through the end of 2022 — The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.| TechCrunch: |
A look at Snap's decision to close Zenly, popular in Europe and Asia with a claimed ~35M MAUs earlier in 2022, to “focus on Snap Map”, which has 300M+ MAUs — Snapchat's parent Snap became the latest tech company to announce a huge round of layoffs, confirming ongoing rumors yesterday … | Denny Jacob / Wall Street Journal: |
UBS and robo-adviser Wealthfront agree to terminate their $1.4B merger deal; UBS says it will buy a $69.7M convertible note in Wealthfront at the same valuation — Deal announced in January was for all-cash transaction valued at $1.4 billion — UBS UBS .71%▲ Group AG … | Jim Brunner / The Seattle Times: |
A Washington court rules Meta repeatedly violated the state's campaign finance transparency law for political ads and must pay penalties yet to be determined — Meta, Facebook's parent company, repeatedly and intentionally violated Washington campaign-ad transparency law and must pay penalties yet … | The Verge: |
Sources detail how Twitter's health team, once tasked with fostering civil conversations, was cut from 15 full-time staff to two amid the Musk acquisition chaos — It had been a long pandemic for Twitter's research team. Tasked with solving some of the platform's toughest problems around harassment … | Aaron Gordon / VICE: |
Yandex confirms hackers created a traffic jam in Moscow on September 1 by ordering dozens of taxis from Yandex Taxi to converge on the same location — Attackers attempted to disrupt ride-hailing app service on Thursday, the company confirmed. — Hackers created a traffic jam in Moscow …
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| Sara Fischer / Axios: |
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| Lauren Forristal / TechCrunch: |
| Vikas SN / Moneycontrol: |