| 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| 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 … | 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.| Taylor Lorenz / The Atlantic: |
Less than a year after TikTok's US launch, the popularity of its stars at VidCon shows that it's poised to dominate the American social media landscape — Anaheim, Calif.—Last night, YouTube hosted its annual VidCon party, in one of the Anaheim Convention Center's large halls … | 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 … | Amber Neely / AppleInsider: |
Hulu, which removed support for 4K content in early 2018, brings back the feature for Hulu Originals, starting with Apple TV 4K and Chromecast Ultra — After quietly removing the feature in 2018, Hulu has brought back 4K to their streaming service —this time, exclusively to the Apple TV 4K and the Chromecast Ultra.| Ingrid Lunden / TechCrunch: |
Amazon expands Transparency, its program to fight counterfeits by marking products with a QR-style code, to Europe, India, and Canada — Amazon is no stranger to the nefarious forces of e-commerce: fake reviews, counterfeit goods and scams have all reared their heads on its marketplace … | Katie Hafner / New York Times: |
Fernando Corbató, a Turing Award recipient whose work on time-sharing systems paved the way for the PC, as well as the computer password, dies at 93 — Fernando Corbató, whose work on computer time-sharing in the 1960s helped pave the way for the personal computer … | 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.| Wall Street Journal: |
A look at how many founders and early-startup executives wrestle with issues like anxiety, drug addiction, insomnia, depression, and binge eating — The swashbuckling creativity that drives many entrepreneurs often comes with inner demons; on IPO day, dread and a cold wet suit| Karen Weise / New York Times: |
How companies like Kenworth, ZF, and Team Inc., are using HoloLens and Microsoft Teams for employee training, and communication with frontline workers — CHILLICOTHE, Ohio — When Toby Bouska Jr. started assembling cabs for Kenworth semitrucks last year, he learned the ropes by observing longtime workers at the factory.
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| Ortenca Aliaj / Financial Times: |
| Isabelle Kirkwood / BetaKit: |
| Naomi Nix / Bloomberg: |
| Wolfie Zhao / CoinDesk: |
| Sarah Perez / TechCrunch: |
| Emil Protalinski / VentureBeat: |
| Anthony Ha / TechCrunch: |
| Abner Li / 9to5Google: |
| Casey Newton / The Verge: |
| The Keyword: |