| Matthew Gardner / ITEP: |
Amazon has made $11.2B in profits in 2018 but will pay no federal income tax and will receive rebate of $129M due to unspecified tax credits — Amazon, the ubiquitous purveyor of two-day delivery of just about everything, nearly doubled its profits to $11.2 billion in 2018 from $5.6 billion … | Tony Romm / Washington Post: |
Sources: the FTC and Facebook are negotiating a record multi-billion dollar fine to settle the agency's investigation into the company's privacy practices — The Federal Trade Commission and Facebook are negotiating over a multi-billion dollar fine that would settle the agency's investigation … | J. David Goodman / New York Times: |
Amazon says it has canceled plans to build HQ2 in New York City, focusing instead on Northern Virginia and Nashville, following backlash — Amazon on Thursday canceled its plans to build an expansive corporate campus in New York City after facing an unexpectedly fierce backlash from lawmakers … | Natt Garun / The Verge: |
Amazon dropping its NYC HQ plans was a win for activists, but some local tech leaders believe it sends a poor message to other companies wanting to invest in NY — “A self-own by the entire NYC ecosystem” — Amazon's decision to drop plans for a New York City headquarters was so abrupt … | Brad Stone / Bloomberg: |
| Eriq Gardner / Hollywood Reporter: |
US Copyright Office has refused a copyright claim for the “Carlton Dance”, a potential blow to performers seeking rights to dance emotes in games like Fortnite — A government examiner also questioned the submission of the actor's performance on ABC's “Dancing With the Stars,” … | Stefan Etienne / The Verge: |
Samsung unveils 10.5-inch Galaxy Tab S5e, its lightest and thinnest tablet and the first with Bixby built-in, starting at $399, launching in the second quarter — It's $399 and comes in three “millennial friendly” colors — There isn't a single Android tablet we can currently wholeheartedly recommend … | Tom Wilson / Reuters: |
HSBC exec says its blockchain project, which processes between 3,500 to 5,000 trades worth $350B a day, has cut foreign exchange trading costs by 25% — LONDON (Reuters) - HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system … | Sam Byford / The Verge: |
Samsung's wearables app reveals new products including Galaxy Buds wireless earbuds, the Galaxy Watch Active smartwatch, and Galaxy Fit and Fit e fitness bands — An update to Samsung's wearables app has inadvertently revealed an entire lineup of new products that are presumably set to be unveiled alongside the Galaxy S10 next week.| Shara Tibken / CNET: |
Samsung to open stores in LA, Houston, and Long Island on February 20, the first US retail stores to be operated by the company — Samsung's coming to a mall near you — if you live in California, New York or Texas. — The company on Thursday said it plans to open three Samsung Experience Stores … | James Vincent / The Verge: |
OpenAI says it won't release the dataset behind GPT-2, its new text generator algorithm that can write, translate, and summarize text, due to fears of misuse — OpenAI's researchers knew they were on to something when their language modeling program wrote a convincing essay on a topic they disagreed with.| Marco Chown Oved / Toronto Star: |
Internal docs show Google's Sidewalk Labs plans expansion in Toronto's Port Lands, seeks share of property taxes, development fees in return — Google's futuristic development on the eastern waterfront, Quayside, is only the first step in an expansive and ambitious plan to build new neighbourhoods … | Salvador Rodriguez / CNBC: |
Sources: Facebook keeps a “lookout” list of ex-employees and users who made threats against the company, and sometimes uses its products to track their location — - Facebook maintains a list of individuals that its security guards must “be on lookout” for that is comprised … | Kieren McCarthy / The Register: |
The FCC finalizes a $1.5B auction-based fund for expanding broadband access and the White House releases the American Broadband Initiative (ABI) report — Why fight an oligopoly when you can subsidize it? — The White House and the Federal Communications Commission (FCC) …
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| Jordan Crook / TechCrunch: |
| Hugh Son / CNBC: |