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July 24, 2019, 5:10 PM
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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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Facebook, Federal Trade Commission, Wall Street Journal, Engadget, Slate, CNBC, New York Times, Axios, NBC News, CNBC, Ars Technica, New York Times, The Verge, Adweek, PCWorld, VentureBeat, TIME, Yahoo Finance, CNET, Fox News, Business Insider, BleepingComputer, Techdirt, SiliconANGLE, AppleInsider, Quartz, Wired, NPR, Bloomberg, GeekWire, OnMSFT.com, The Register, Vox, Boing Boing, MSPoweruser, Reuters, CNBC, The Next Web, CNN, PYMNTS.com, ZDNet, ABC News, Tom's Guide, Android Central, SlashGear, Silicon Republic, The Hacker News, Mashable, Digital Trends, 9to5Mac, Politico, Open MIC, iDownloadBlog.com, WinBuzzer, iPhone Hacks, Inquirer, CBS New York, gHacks Technology News, iPhone in Canada Blog, Cult of Mac, and Fast Company
Facebook: Mark Zuckerberg speaks …. Tweets: @ftc, @ashk4n, @chopraftc, @ashk4n, @rkslaughterftc, @nickconfessore, @chopraftc, @chopraftc, @chopraftc, @reckless, @b_fung, @facebook, @senwarren, @dylanbyers, @rkslaughterftc, @ow, @sarahfrier, @daveleebbc, @pkafka, @wongmjane, @matthewstoller, @fercany, @donie, @jason_kint, @tonyromm, @sarahfrier, @nickconfessore, @ftcphillips, @rkslaughterftc, @tonyromm, @tonyromm, @rmac18, @mikeisaac, @chopraftc, @stevekovach, @chopraftc, @cat_zakrzewski, @tonyromm, @tonyromm, @kottke, @peard33, @donie, @janschakowsky, @rkslaughterftc, @nickconfessore, @ftcphillips, and @rkslaughterftc. 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 …, Federal Trade Commission, Axios, Vox, Variety, Tubefilter, Boing Boing, Reuters, Bloomberg, Business Insider, and CNET
| Bloomberg: |
FTC's Facebook settlement does little to hamper the company's ad business or data collection practices, mostly re-committing Facebook to previous goals — - Social media giant agreed to ‘changes’ it's already made — Massive data collection, ad targeting won't be affected
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Gizmodo, The Verge, NBC News, Washington Post, and TIME
| Ingrid Lunden / TechCrunch: |
Facebook cuts off access to friend data for Microsoft and Sony, the last two of its legacy partners, under FTC deal, says allowing them access was “our mistake” — One more consequence of the FTC's investigation of Facebook, which culminated in a record $5 billion settlement announced today …
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Facebook, TechCrunch, FutureSin, Engadget, Gizmodo, Reuters, Business Insider, WinBuzzer, and CNET
Tweets: @shiraovide and @ingridlunden
| Facebook: |
Facebook reports Q2 revenue of $16.9B, up 28% YoY, as ad revenue rises 28% YoY to $16.6B; MAUs rose 8% YoY to 2.41B, as average DAUs rose 8% YoY to 1.59B — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2019. — “We had a strong quarter …
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SiliconANGLE, ZDNet, TechCrunch, CNN, Engadget, Business Insider, Business Insider, CNBC, Bloomberg, and Variety
Tweets: @kurtwagner8, @kurtwagner8, @kristinaparts, @stevekopack, @cnbc, @qwongsj, @jyarow, @carolinehydetv, @thestreet, @mikeisaac, @mikeisaac, @alex, @sarahfrier, @sarahfrier, and @alexeheath
| 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, Android Police, iPhone in Canada Blog, 9to5Google, TechSpot, The Verge, and Engadget
| 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, 9to5Google, Tom's Guide, CrackBerry.com, Android Authority, VentureBeat, Droid Life, XDA Developers, gHacks Technology News, Neowin, BGR, and Engadget
Tweets: @sundarpichai and @anilfromoz
| 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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New York Times, Ars Technica, Mercury News, CNET, NBC News, TechCrunch, VICE, TechSpot, The Daily Dot, Fortune, Quartz, Business Insider, Gizmodo, KnowTechie, and Fast Company
Tweets: @t_xu, @t_xu, @t_xu, @t_xu, @kevinroose, @yashar, @bizcarson, @teddyschleifer, @jrivanob, @jeneps, @alexqgb, @porters, @digiphile, and @mtsw
| Bowdeya Tweh / Wall Street Journal: |
In a rebuke to Peter Thiel, Treasury Secretary Steven Mnuchin says that Google's work with China raises no national security concerns — Findings rebuke claims made by billionaire investor Peter Thiel — Treasury Secretary Steven Mnuchin said he and President Trump have found …
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Engadget
| 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.| 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, Bloomberg, Axios, Financial Times, Engadget, The Verge, Reuters, Ars Technica, TechCrunch, and Roadshow
| Dan Goodin / Ars Technica: |
Researchers discover and detail Monokle, one of the most advanced mobile surveillanceware tools ever seen, developed by a Russian defense contractor — Monokle infected Android devices, but evidence suggests iOS versions may also exist. — Researchers have discovered some of the most advanced … | Sam Byford / The Verge: |
Asus unveils 6.59" ROG Phone II with a 120Hz display, 12GB RAM, Snapdragon 855+, and Switch Joy Con-like split controllers, launching globally in September — 120Hz OLED, 855 Plus, 6,000mAh — Asus's first ROG gaming phone was one of the most maximalist takes on the concept to date …
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NDTV Gadgets 360, VentureBeat, GSMArena.com, TechRadar.com, Yahoo News, Android Authority, WIRED UK, BGR India, and Android Authority
Tweets: @ronamadeo and @whatthebit
| Danny Crichton / TechCrunch: |
Gusto, which offers payroll and HR software for SMBs, raises $200M Series D co-led by Fidelity and Generation Investment Management — Every employee loves receiving their paycheck. It just so happens though that paying employees can be a royal pain, what with incredibly diverse labor laws across all 50 U.S. states.
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Crunchbase News, Business Wire, PYMNTS.com, Business Insider, Forbes, and FinSMEs
| Daisuke Wakabayashi / New York Times: |
Alphabet lumps YouTube's revenue with Google's in filings, making insights hard to come by, though YouTube's annual revenue is likely $16B-$25B, topping Netflix — YouTube probably generates $16 billion to $25 billion in annual revenue, making the video service big enough to crack the top half of the Fortune 500.
Tweets: @daiwaka, @puiwingtam, @jrick, @grahamstarr, and @grahamstarr
| 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
| Janko Rottgers / Variety: |
Amazon launches a dedicated Prime Video VR app, available for Oculus Go, Quest, and Samsung Gear VR headsets in the US and UK — Oculus VR headset users just got one more video service to watch in their virtual living rooms: Amazon's Prime Video service went live on Oculus Go …
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VentureBeat, Windows Central, and Oculus Blog
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