Techmeme
July 13, 2019, 7:55 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
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.
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 …
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:
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Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
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.
Mattermost:
The ultimate guide to team messaging for developers  —  Modern collaboration platforms make dev teams more efficient, but only if you use them well.  Learn how with our guide to developer messaging.

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