Techmeme
July 12, 2019, 9:35 PM

Top News

Emily Glazer / Wall Street Journal:
Sources: in a 3-2 vote, FTC commissioners have approved a record $5B settlement with Facebook over the company's privacy violations  —  FTC commissioners broke along party lines, 3-2, with the Republican majority lining up to support the pact while Democratic commissioners objected
Julia Carrie Wong / The Guardian:
Caroline Haskins / VICE:
User manual for Palantir Gotham software, obtained via a FOIA request, shows the amount of information law enforcement can quickly access about any individual  —  Motherboard obtained a Palantir user manual through a public records request, and it gives unprecedented insight into how the company logs and tracks individuals.
Richard Lawler / Engadget:
Trump says cryptocurrencies including Facebook's Libra are “not money”, need to be regulated, citing their high volatility and facilitation of unlawful behavior  —  Just hours after a “social media summit,” the president's Twitter account posted a thread aimed at, of all things, cryptocurrency.
Mary Jo Foley / ZDNet:
Microsoft, after an outcry by many of its reseller partners, now says it will not charge them for internal use of the company's products and services  —  Microsoft is not going to eliminate internal use rights for partners who've been using software obtained as part of Microsoft's partner-program benefits …
Mark Gurman / Bloomberg:
Sources: Amazon is developing an Echo speaker with improved audio quality to rival Sonos, HomePod, for release next year, and ramping up work on its home robot  —  - Echo speaker to include improved audio to rival Sonos, HomePod  — Wheeled robot, codenamed ‘Vesta,’ can be summoned by voice
Megan Rose Dickey / TechCrunch:
Bird CEO says the company makes $1.27/ride on its new Bird Zero scooters, which make up 75% of the fleet, says $100M loss was a one-time accounting write-off  —  Bird has positive unit economics, CEO Travis VanderZanden said Friday in fiery response to a report from The Information …
Wolfie Zhao / CoinDesk:
Japanese cryptocurrency exchange Bitpoint says it was hacked for $32M in crypto assets, of which $23M belonged to its customers  —  Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in crypto assets.  —  According to a CoinDesk Japan report on Friday …
Andrew J. Hawkins / The Verge:
Ford and Volkswagen to expand their alliance to include autonomous vehicles; VW will invest $2.6B in Argo AI, the autonomous vehicle startup backed by Ford  —  VW will invest $2.6 billion in Argo AI, the Pittsburgh based autonomous vehicle startup backed by Ford

Sponsor Posts

Smartsheet:
Gartner research vice president Mike Gotta to present at Smartsheet ENGAGE  —  Gotta will discuss why collaborative work management is increasingly essential for business at Smartsheet's annual customer conference Sept. 30-Oct. 3 in Seattle.
TWiT.tv:
Tech Podcasts from Every Angle  —  TWiT.tv covers the latest in news, privacy, hacking, security, plus reviews of smartphones, laptops, tablets, and wearables.  If it has a chip, Leo Laporte and friends have a podcast on it.
Google Fi:
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Zoho:
Why does your employees happiness quotient matter?  —  It is Monday morning.  Everything is a blur and everyone is in a hurry.  Most people are heading to work, still not fully recovered from the weekend, and it's written all over their faces.
Ingram Micro:
Apply for the World's Largest Startup Competition  —  B2B ISVs are encouraged to apply for the Comet Competition ahead of the September 30 deadline, with top prize of $1M made possible by Ingram Micro.
Intel:
The field of opportunity for AI is immense—does your CPU have AI Inside?  —  Here are three questions every technology buyer should be asking of their AI tech supplier.

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