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September 3, 2022, 2:50 PM
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WeSmirchTop News
| Josh Sisco / Politico: |
Sources: the FTC is reviewing Amazon's $1.7B iRobot takeover to decide if it violates antitrust law and illegally boosts Amazon's connected device 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 One Medical acquisition, which could delay its close; significant US antitrust probes take an average ~11 months — Probe adds to issues Amazon faces at antitrust enforcement agency — Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other| 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.
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Samsung US, BleepingComputer, HotHardware, Security Affairs, Engadget, PCMag, Gizchina, BetaNews, Mashable, Livemint, The Hacker News, DataBreaches.net, BigTechWire, GSMArena.com, iPhone in Canada Blog, Phandroid, SiliconANGLE, Android Authority, SlashGear, ZDNet, Sammy Fans, SamMobile, MobileSyrup, Forbes, Android Central, 9to5Google, XDA Developers, AppleInsider, Reuters, and Droid Life
| Richard Rubin / Wall Street Journal: |
The IRS says it inadvertently posted confidential information involving ~120,000 individuals on its website before discovering the error and removing the data — Tax agency says error led to posting about some taxpayers with IRAs — WASHINGTON—The Internal Revenue Service inadvertently posted …
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PCMag, Engadget, Slashdot, CNN, Internal Revenue Service, FedScoop, PYMNTS.com, The Hill, and Bloomberg
Tweets: @repjasonsmith, @mdrache, and @logandobson
| Manish Singh / TechCrunch: |
India's Enforcement Directorate searched Paytm, Razorpay, and Cashfree offices on September 2 as part of an investigation into fraudulent Chinese loan apps — India's financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday …
More:
Entrackr, The Economic Times, Bloomberg, Livemint, and BGR India
| Jess Weatherbed / The Verge: |
JBL unveils the Tour Pro 2 wireless earbuds: customizable ANC and a charging case with a 1.45" touchscreen, available for €249 outside the US in January 2023 — Allegedly the 'world's first' smart charging case for wireless earbuds — JBL has just announced the Tour Pro 2 wireless earbuds …
More:
JBL press releases, Android Central, TechCrunch, Android Police, and SPARROWS NEWS
| Washington Post: |
Some online disinformation experts criticize Twitter's stance on Libs of TikTok, as some US children's hospitals face threats inspired by the anti-LGBTQ account — Employees are warning colleagues to take action against the anti-LGBTQ account, saying it's ‘only a matter of time’ its posts lead to violence.
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Libs of TikTok
Facebook: Libs of Tik Tok. Tweets: @taylorlorenz, @bitinn, @jokestress, @mattbc, @zoeschiffer, @green_footballs, @taylorlorenz, @hzhu_, @joshsternberg, @gah650, @fraying, and @taylorlorenz
| Reed Albergotti / Semafor: |
Sources: Biden considers EOs to limit US investments in China, collection of US citizens' data by Chinese companies, and selling of US tech to Chinese customers — President Biden plans to sign an executive order that could dramatically limit U.S. investments in China, according to three people with knowledge of the plans.
More:
FOSS Patents and Bloomberg
Tweets: @semaforben, @fbermingham, @nbashaw, @zaidjilani, @reedalbergotti, @jessicalessin, and @karaswisher
| Debby Wu / Bloomberg: |
Taiwanese prosecutors indict the head of Luxshare, a Chinese iPhone assembler, for allegedly using a shell company to take over local company Speed Tech in 2012 — Taiwanese prosecutors have indicted the head of Luxshare Precision Industry Co. for using a shell company to surreptitiously … | 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.
More:
United States Bankruptcy Court, Southern District of New York and CryptoSlate. Tweets: @coindesk
| 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 …
More:
The Verge and The Register
Tweets: @runews, @euan_macdonald, @hiddenmarkov, @mikebutcher, @_kshitijmishra, @brfreed, @motherboard, and @lorenzofb
| Denny Jacob / Wall Street Journal: |
Swiss bank UBS terminates its $1.4B acquisition of robo-adviser Wealthfront and says it will buy $69.7M in Wealthfront convertible notes at the same valuation — Deal announced in January was for all-cash transaction valued at $1.4 billion — UBS UBS .71%▲ Group AG …
More:
ThinkAdvisor, Business Wire, Wealthfront Blog, Reuters, Barron's Online, Wealth Management, Financial Times, and The Block. Tweets: @wealthfront
Sponsor Posts
Niantic Spatial:
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World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Fixing communication friction: How Zoho Workplace gives every conversation the right space — Work doesn't break all at once. It slowly, silently wears out. It's not the dramatic communication failures that kill productivity.
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IDrive:
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Anuma:
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.Featured Podcasts
Channels with Peter Kafka:
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Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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The Social Radars:
Ron Conway, Founder, SV Angel: Silicon Valley Bank Crisis
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Cheeky Pint:
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Tools and Weapons with Brad Smith:
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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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