Techmeme
July 13, 2019, 2:00 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:
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 …
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.
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.
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
Ortenca Aliaj / Financial Times:
Accenture names its North America head Julie Sweet as CEO as it expands its focus on technological and digital transformation  —  Julie Sweet has been named chief executive of Accenture, becoming the first female leader of the consulting giant as it expands its focus on technological and digital transformation.
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.
Isabelle Kirkwood / BetaKit:
Aspen Technology acquires Canadian startup Mnubo, which uses AI for IoT data analytics, for CAD$102M  —  Mnubo, a Montreal-based Internet of Things (IoT) and AI company, has been acquired by Aspen Technology (AspenTech), an asset optimization software firm, for $102 million CAD.

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More News

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