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July 24, 2019, 10:15 AM
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| Tony Romm / Washington Post: |
FTC announces a $5B fine against Facebook for repeated privacy violations as part of a settlement that requires federal oversight of its business practices — The settlement between the Federal Trade Commission and Facebook ends a 16-month probe that began after revelations of the tech giant's entanglement with Cambridge Analytica
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Federal Trade Commission, Facebook, Federal Trade Commission, NBC News, Axios, The Verge, VentureBeat, CNBC, Vox, TechCrunch, 9to5Mac, The Verge, Bloomberg, TIME, Business Insider, Reuters, Engadget, The Next Web, CNN, CNBC, Wall Street Journal, CNBC, CNET, hypebot, Digital Trends, Reuters, and Adweek
Tweets: @ftc, @chopraftc, @ashk4n, @rkslaughterftc, @chopraftc, @chopraftc, @facebook, @chopraftc, @chopraftc, @tonyromm, @pkafka, @ashk4n, @rkslaughterftc, @rkslaughterftc, @rkslaughterftc, @rkslaughterftc, @chopraftc, @sarahfrier, @janschakowsky, @sarahfrier, @ow, @wongmjane, @matthewstoller, @stevekovach, @tonyromm, @tonyromm, @daveleebbc, @donie, @donie, and @cat_zakrzewski. Thanks:@tonyromm
| Jon Fingas / Engadget: |
Facebook agrees to pay a $100M fine to the SEC over charges of making “misleading disclosures” related to the Cambridge Analytica scandal — Facebook isn't just settling with the FTC over the Cambridge Analytica data scandal. The social network has also agreed to pay …
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U.S. Securities …, Bloomberg, Reuters, and CNET
| Brent Kendall / Wall Street Journal: |
DOJ is opening an antitrust review of whether tech giants are unlawfully stifling competition, examining search, social media, and retail services platforms — Inquiry signals Barr's deep interest in tech sector, poses threat to companies such as Facebook, Google, Amazon, Apple
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New York Times, U.S. Department of Justice, The Verge, MIT Technology Review, Bloomberg, Windows Central, The Verge, Android Authority, SiliconANGLE, Business Insider, TechCrunch, 9to5Mac, BetaNews, Axios, Inquirer, iDownloadBlog.com, Telecoms.com, CNBC, AppleInsider, Coinspeaker, Thurrott, NBC Bay Area, Vanity Fair, Engadget, Neowin, MediaNama, bit-tech.net, ZDNet, Marketing Land, CNN, Pocket-lint, Cult of Mac, Silicon Republic, Telegraph, MacRumors, The Register, GeekWire, Politico, Reuters, Digital Trends, PYMNTS.com, CNET, MSPoweruser, and Gizmodo
Tweets: @cnbcnow, @aprilaser, @petergklein, @ewarren, @zck, @stillgray, @hawleymo, @cnbcnow, @josh_wingrove, @jathonwsj, and @karlbode
| The Keyword: |
Google launches Gallery Go, a lightweight 10MB photo gallery app for organizing and editing photos, designed to work offline — Today, at Google for Nigeria we introduced Gallery Go: a photo gallery, designed to work offline, that uses machine learning to automatically organize and make your photos look their best.
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The Verge, Android Authority, Engadget, TechCrunch, Android Police, XDA Developers, 9to5Google, VentureBeat, Neowin, gHacks Technology News, and MSPoweruser
Tweets: @sundarpichai and @anilfromoz
| Harry McCracken / Fast Company: |
As Google Photos crosses the billion-user threshold, Anil Sabharwal, the Google VP who led its creation, shares how the app was spun out of Google+ — In a tech industry obsessed with scale, no aspiration is more iconic than building something that reaches a billion users.
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The Keyword, 9to5Google, and The Verge
| Richard Lawler / Engadget: |
DoorDash CEO to change tipping policy “in the coming days”, says it will add all customer tips to driver's earnings, after a renewed backlash — Earlier this year, news reports exposed that not only did DoorDash (and others, like Instacart) sometimes lower its payout to delivery workers …
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Gizmodo, Business Insider, NBC News, and Fast Company
Tweets: @t_xu, @t_xu, @t_xu, @porters, @jrivanob, @jeneps, @t_xu, @kevinroose, @yashar, @bizcarson, @teddyschleifer, @alexqgb, and @mtsw
| Alex Kantrowitz / BuzzFeed News: |
Interviews, including with the dev who led the team that built the retweet button, discuss the power of retweets and shares and ways to limit their virality — Developer Chris Wetherell built Twitter's retweet button. And he regrets what he did to this day.
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9to5Mac and The Hill
| Bijan Stephen / The Verge: |
As streaming offerings get more expensive and convoluted, people are setting up their own platforms via Plex servers to share media, including pirated content — Have you heard about the best new streaming platform on the internet? It's totally customizable, works on any device, and, best of all, is basically free.
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Windows Central. Tweets: @onejarednewman, @naterethorn, @mgsiegler, @jasondunn, @theryanford, @carnage4life, @jpbach, @withinrafael, @ryanlcooper, and @videograndpa
| Washington Post: |
Fake accounts, pages, and groups purporting to represent or sell Libra digital currency have sprung up across Facebook and Instagram — A wave of fakes purporting to sell or represent Facebook's not-yet-available Libra currency have swept onto the social-media giant's platforms … | Bloomberg: |
Filings: Apple has asked the Trump administration for exclusion from import tariffs of 25% for components of a computer that is likely to be the new Mac Pro — - Trump has promised relief for companies in certain cases — High-end computer was only major Apple product made in U.S.| Kyle Wiggers / VentureBeat: |
GM's Cruise says it will not meet its 2019 target to deploy a commercial robotaxi service in San Francisco, citing performance and safety concerns — GM's Cruise is postponing plans for a fully driverless taxi service, which it previously said would launch by year-end 2019.
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Cruise, TechCrunch, Axios, Business Insider, The Verge, Bloomberg, and Roadshow
| Manish Singh / TechCrunch: |
Netflix launches a $2.80 per month mobile-only subscription plan in India, restricted to one mobile device at 480p standard definition — Netflix has a new plan to win users in India: make its service incredibly cheap. The streaming giant today introduced a lower-priced mobile plan in the country that costs Rs 199 ($2.8) per month.| Patrick Klepek / VICE: |
Nintendo memo tells customer service to fix a Joy-Con in-game “drift” issue for free, even out of warranty, following a Kotaku report and a class-action lawsuit — The company will repair devices free of charge, even outside of the warranty period. — IMAGE COURTESY OF NINTENDO
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Business Insider, Inquirer, Destructoid, KnowTechie, TechSpot, VG247, Engadget, SlashGear, GameSpot, Neowin, Ars Technica, iMore, USgamer.net, The Verge, Digital Trends, GamesIndustry.biz, and Kotaku
Tweets: @austin_walker, @patrickklepek, @patrickklepek, and @directfeedgames
| Kellen / Droid Life: |
Google Store page updates the availability of the Google Nest Hub Max, its $229 10-inch smart display, from 9/9 in the US, UK, and Australia to “coming soon” — Google's new Nest Hub Max arrives on September 9, folks. That date has now been confirmed by the Google Store … | Salvador Rodriguez / CNBC: |
Snap reports Q2 revenue of $388M, up 48% YoY, vs. $359.7M est., DAUs of 203M, up 8% YoY, and that its net loss shrunk from $353M to $255M YoY; stock jumps 13%+ — KEY POINTS — Snap, the maker of Snapchat, posted a loss of 6 cents per share, vs. an expected loss of 10 cents per share.
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Axios, Business Wire, Telegraph, AdExchanger, Engadget, CNET, Business Insider, Gizmodo, 9to5Mac, PYMNTS.com, Reuters, and The Verge
Tweets: @kurtwagner8, @sarahfrier, @qwongsj, @jboorstin, @alex, @dlberes, @wired, @lexnfx, @alexeheath, @somospostpc, @lanceulanoff, @megancgraham, @lexnfx, @cnbc, @lanceulanoff, @turnernovak, @kurtwagner8, and @daveleebbc
| Ingrid Lunden / TechCrunch: |
Tile, which makes item-tracking devices, raises $45M as the opening commitment for a Series C round led by Francisco Partners — Tile — the company that makes popular small square-shaped tags and other technology to help people keep track of physical belongings like keys and bags … | Kate Clark / TechCrunch: |
Bravado, a community platform for sales professionals, comes out of stealth with $12M in backing from Redpoint Ventures, Freestyle Capital, and others — Take a moment to imagine the most successful salesperson you know. — Is it someone you respect? Probably not.
More:
Business Insider, Startups News, and Redpoint Ventures
| Charlie Osborne / ZDNet: |
IBM report on data breaches: cost to firms is up by 12% over five years, reaching $3.92M on average; hacked firms with <500 staff suffer $2.5M losses on average — Large enterprises may have to foot a far higher bill after a security incident. — The average financial impact …
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CSO, WeLiveSecurity, Tehrani.com, and IBM
| Kate Clark / TechCrunch: |
Hipcamp, a platform for listing and booking campsites, raises $25M Series B led by Andreessen Horowitz, bringing its total raised to $41.8M — Hipcamp uses technology to get people away from technology. — The San Francisco-based startup provides a “people-powered platform” …
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Andreessen Horowitz
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