Techmeme
July 13, 2019, 8:10 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.
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 …

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TWiT.tv:
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Zoho:
The Partner's guide to marketing on LinkedIn  —  What is LinkedIn® really?  —  It's a question that keeps popping up from time to time, is it a social media site for professionals?  —  Is it a platform for job seekers and recruiters to meet?
Intel:
The Future of Gaming is About More Than Just Processors  —  When it comes to making the PC the best place to play, you have to give developers the tools they need, provide real world performance and anticipate what's next.

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Ortenca Aliaj / Financial Times:
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