Techmeme
July 13, 2019, 11:05 AM

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
Cecilia Kang / New York Times:
Sources: FTC settlement includes more comprehensive oversight of how Facebook handles user data, but no restrictions on how it collects and shares that data  —  The Federal Trade Commission voted this week to fine Facebook about $5 billion for mishandling users' personal information …
Julia Carrie Wong / The Guardian:
Critics say the FTC's $5B settlement with Facebook is a “parking ticket” to the company, which had more than $15B in revenue in the first three months of 2019  —  The $5bn fine would be the largest ever levied by the Federal Trade Commission against a technology company
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.
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 …
Louise Matsakis / Wired:
A look at Life360, a location-sharing app aimed at families, and conversations with teens who installed the app and their concerns about privacy and autonomy  —  SPEND ENOUGH TIME on the social media app TikTok, and you're bound to see a Life360 meme.  That's because Life360 …
Ben Thompson / Stratechery:
Shopify's ecosystem, with its own fulfillment network, may become the first true Amazon competitor by enabling merchants to succeed or fail on their own terms  —  While I am (rightfully) teased about how often I discuss Aggregation Theory, there is a method to my madness, particularly over the last year …
More: USA Today
Aaron Sankin / Gizmodo:
Investigation finds 151 tech companies, including GoDaddy, Cloudflare, Google, and Amazon, offering hosting, DNS, or CDN services to sites spreading hate speech  —  This week, we're looking at the state of free speech on the internet, how we got here, and where we're going.

Sponsor Posts

Smartsheet:
Strategies for shutting down SaaS sprawl  —  Managing a chaos of apps steals focus away from IT leaders who are increasingly helping to drive business.  Read the report.
TWiT.tv:
All the 11s  —  Rene Ritchie has all three iPhone 11s and talks about the tri-lens camera, battery life, and how they stack up against each other.  Subscribe to the MacBreak Weekly podcast.
Zoho:
Six ways to use shapes to create a compelling presentation in Zoho Show  —  Ideas come in all shapes and sizes—be it an extra fold to help your paper plane fly a few inches further, or an equation that changes …
AWS Startups:
How Daivergent Is Helping Autistic People with Careers in Tech  —  Founded in 2017 by Byron Dai and Rahul Mahida, Daivergent's platform connects AI companies with high-volume data needs to a remote workforce comprised of people with autism.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Will Smith and Ang Lee are coming to Disrupt SF this October 2-4  —  We'll talk to Lee and Smith about what it was like working with these effects, and how else they could change the way movies get made.
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.

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Ortenca Aliaj / Financial Times:

Earlier Picks

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