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July 13, 2019, 4:20 PM
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| 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 …
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New York Times, The Register, BitcoinExchangeGuide, Howard Lindzon, Inc42 Media, Business Insider, BBC, Marketing Land, TechSpot, and TechCrunch. Tweets: @karaswisher
| Nilay Patel / The Verge: |
Facebook has done nothing but behave badly from inception, and it has only ever been slapped on the wrist by authority figures and rewarded by the market — Facebook gets away with it again — Facebook's stock went up after news of a record-breaking $5 billion FTC fine for various privacy violations broke today.
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MSPoweruser, VentureBeat, Boing Boing, and Daring Fireball
Tweets: @neil_chilson, @neil_chilson, @neil_chilson, @neil_chilson, and @caseynewton
| Emily Glazer / Wall Street Journal: |
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Tom's Hardware, Washington Post, New York Post, Wired, Axios, TechCrunch, CNBC, The Verge, Axios, TechSpot, BetaNews, The Hacker News, AppleInsider, Neowin, Politico, Business Insider, KTLA, Vox, The Daily Dot, Slate, Bloomberg, Mashable, Variety, iDownloadBlog.com, Digital Trends, Adweek, Tom's Guide, ZDNet, Telegraph, PYMNTS.com, Komando.com, NBC News, Quartz, Newser, Gizmodo, CNN, The Hill, CNET, Android Authority, MacRumors, Engadget, Business Insider, 9to5Mac, Reuters, Beyond Search, and Ars Technica
Tweets: @mikeisaac, @davidcicilline, @realdanstoller, @realdanstoller, @pkafka, @realdanstoller, @mims, @sivavaid, @ashk4n, @waltmossberg, @aclu, @shahmiruk, @tonyromm, @tonyromm, @tonyromm, @senwarren, @senblumenthal, @elibietti, @eisingerj, @aprilaser, @mathewi, @robmanuel, @heynottheface, @wolfiechristl, @leojtravis10, @jason_kint, @sheeraf, @nytopinion, @hshaban, @rickhholland, @richardjnieva, @matthewstoller, @dellcam, @cwarzel, @anildash, @reckless, @deandechiaro, @geoffreyfowler, @joshconstine, @matthewstoller, @matthewstoller, @profcarroll, and @ashk4n
| 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.
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Wall Street Journal, InsideBitcoins.com, BitcoinExchangeGuide, HackerNoon.com, Ethereum World News, Data Driven Investor, Observer, CryptoSlate, NewsBTC, Micky, NBC News, Hacked, Wall Street Journal, Crypto.IQ, Slate, The Next Web, Tony Sheng, PaymentsSource, Trustnodes, Business Insider, USA Today, PYMNTS.com, MIT Technology Review, Crowdfund Insider, Off The Chain, Bloomberg, Telecoms.com, CCN Markets, The Daily Dot, Bitcoin News, Cointelegraph, BGR India, TechSpot, Ars Technica, CryptoGlobe, Bitcoinist.com, Finextra Research Headlines, Coinspeaker, The Daily Hodl, ALTCOIN MAGAZINE, CoinDesk, Anycoin.news, Bitsonline, Blockonomi, Firstpost Tech, and Newser
Tweets: @realdonaldtrump, @realdonaldtrump, @realdonaldtrump, @brian_armstrong, @tonyromm, @buydigibyte, @peterschiff, @justinsuntron, @jespow, @officialmcafee, @arrington, @erikvoorhees, @benshapiro, @kimdotcom, @michaelmalice, @erikvoorhees, @jerrybrito, @nathanielpopper, @ceterispar1bus, @ncweaver, @matthew_d_green, @thestalwart, @steventdennis, @warrendavidson, @arrington, @mikejcasey, @aarondklein, @thekenyeung, @reckless, @reckless, @matthewstoller, @laurashin, @kyletorpey, and @jyarow
| Sarah Perez / TechCrunch: |
StreamElements: Twitch viewers live streamed 2.72B+ hours in Q2, compared with 735.54M hours on YouTube Live, 197.76M on Facebook Gaming, and 112.29M on Mixer — Twitch continues to lead rivals including YouTube Live, Facebook Gaming, and Microsoft's Mixer when it comes to live streaming video.| 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 …
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USA Today
| 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 …
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BuzzFeed News. Tweets: @yoda, @kantrowitz, @mattnavarra, @dhume, @nikkisunstrum, @rachgutman, and @taylorlorenz
| 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 …
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Medium and Boing Boing
Tweets: @travisv, @travisv, @travisv, @travisv, @travisv, @martinmignot, @peteflint, @brianmcc, @thestalwart, @davidsacks, @msuster, @amir, @rmac18, @kevinroose, @coryweinberg, @adamsinger, @tylertringas, @amir, @darth, and @edzitron
| Eric Newcomer / Bloomberg: |
Amazon's plan to spend $700M to retrain 100,000 employees by 2025 translates to $1,077 per person per year; the average organization spends an estimated $1,296 — Amazon.com Inc. is amazing at turning mundane corporate management decisions into global news events. — Many retailers host annual sale events.| Nathan Vardi / Forbes: |
Profile of businesswoman Hanzade Dogan-Boyner, founder of Turkey's largest e-commerce site Hepsiburada, with $786M in 2018 revenue, as it tries to expand abroad — On a mild winter morning, Hanzade Dogan-Boyner rushes into her office on the fourth floor of the Trump Towers in Istanbul, overlooking the historic city's skyline.
Tweets: @es_entrepreneur, @forbes, and @forbes
| Karen Chiu / Abacus: |
Facial recognition software maker Megvii branches out into dog tracking, says its app can use a phone camera to identify dogs by their snouts, with 95% accuracy — Megvii says it can identify individual dogs by scanning their noses — If you're a dog lover, you probably don't need convincing that your furry friend is like no other.
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The Verge
| 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 … | 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 …
Tweets: @rodneyabrooks
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