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July 24, 2019, 11:40 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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Federal Trade Commission, Facebook, New York Times, Slate, CNBC, CNBC, NPR, Wall Street Journal, NBC News, Axios, Adweek, Techdirt, VentureBeat, Wired, CNET, TechCrunch, Bloomberg, TechSpot, Vox, Boing Boing, The Daily Dot, AppleInsider, The Register, Business Insider, OnMSFT.com, Pocket-lint, SlashGear, SiliconANGLE, The Hacker News, Mashable, TIME, Quartz, BleepingComputer, Ars Technica, Digital Trends, MSPoweruser, Fox News, PaymentsSource, WinBuzzer, GeekWire, PCWorld, Social Media Today, gHacks Technology News, Yahoo Finance, PYMNTS.com, Inquirer, Tom's Guide, iDownloadBlog.com, Open MIC, ZDNet, Android Central, Silicon Republic, iPhone Hacks, The Next Web, Cult of Mac, ABC News, and 9to5Mac
Facebook: Mark Zuckerberg and Facebook
Tweets: @ashk4n, @ftc, @ashk4n, @chopraftc, @rkslaughterftc, @nickconfessore, @chopraftc, @chopraftc, @chopraftc, @reckless, @b_fung, @facebook, @npr, @senwarren, @rkslaughterftc, @ow, @sarahfrier, @daveleebbc, @pkafka, @wongmjane, @matthewstoller, @max_read, @fercany, @dylanbyers, @donie, @jason_kint, @tonyromm, @sarahfrier, @nickconfessore, @ftcphillips, @rkslaughterftc, @tonyromm, @tonyromm, @rmac18, @mikeisaac, @chopraftc, @mdudas, @stevekovach, @devindra, @chopraftc, @cat_zakrzewski, @tonyromm, @tonyromm, @kottke, @peard33, @donie, @janschakowsky, @karunanundy, @rkslaughterftc, @ewarren, @nickconfessore, @ftcphillips, @rkslaughterftc, and @privacyproject. 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, Variety, Tubefilter, Axios, Vox, Boing Boing, and Business Insider. Tweets: @blmohr
| 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, The Information, TechCrunch, Gizmodo, Engadget, WinBuzzer, FutureSin, Washington Post, and CNET
Tweets: @shiraovide and @ingridlunden
| Dieter Bohn / The Verge: |
Samsung says it has made “improvements” to protect the Galaxy Fold's screen and will release it in September, after delaying its April retail launch — New design improvements are meant to protect the fragile, flexible screen — Samsung has announced today that it has made …
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Samsung US Newsroom, CNET, SamMobile, USA Today, AppleInsider, Android Police, The Next Web, Digital Trends, Business Insider, XDA Developers, 9to5Google, Bloomberg, MacRumors, Gizmodo, Washington Post, Android Authority, Axios, Engadget, TechCrunch, Quartz, iPhone Hacks, TechRadar.com, TmoNews, SlashGear, Droid Life, BGR, CNBC, Android Central, Tom's Guide, and Mashable
Tweets: @inafried, @markgurman, @backlon, @dcseifert, @backlon, @markgurman, and @markgurman
| 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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The Register, The Guardian, CNBC, ZDNet, Business Insider, Variety, CNN, Bloomberg, TechCrunch, Business Insider, TechSpot, GeekWire, SiliconANGLE, Engadget, and Digital Trends
Tweets: @jyarow, @alex, @carolinehydetv, @mikeisaac, @qwongsj, @alexeheath, @sarahfrier, @alexeheath, @mikeisaac, @sarahfrier, @cnbc, @kurtwagner8, @alexeheath, @kurtwagner8, @thestreet, @stevekopack, and @kristinaparts
| Eli Blumenthal / CNET: |
AT&T plans another new video streaming service, AT&T TV, which it will pilot in select markets this summer — AT&T's video struggles may be continuing to worsen, but that doesn't mean the company has stopped trying to find new ways to get people to watch television.
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AT&T, Engadget, Tom's Guide, Digital Trends, and AdExchanger
Tweets: @trengriffin, @callumj, @mgsiegler, and @dkatzmaier
| 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, TechSpot, Android Police, and Engadget
| Zack Whittaker / TechCrunch: |
Tinder is rolling out Traveler Alert, which automatically hides profiles of LGBTQ+ users after they arrive in a country that criminalizes same-sex relationships — A new security feature rolling out on Tinder will help to protect LBGTQ+ users who travel to dozens of nations, which still criminalize same-sex acts or relationships.
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Tinder, Daily Mail, The Hill, CBS News, The Independent, NBC News, VICE, USA Today, MobileSyrup, Newsweek, Ubergizmo, CNN, Engadget, and The Verge
| Lauren Feiner / CNBC: |
Filings: Arianna Huffington and Benchmark's Matt Cohler are resigning from Uber's board of directors; Uber's first employee, Ryan Graves, left the board in May — KEY POINTS — Thrive Global CEO Arianna Huffington and Benchmark General Partner Matt Cohler told Uber of their intentions …
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CNN, Axios, TechCrunch, SEC.gov, and Business Insider
Tweets: @ariannahuff, @dkhos, @levynews, and @jowens510
| 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, Reuters, The Verge, The Register, SiliconANGLE, Forbes, Ars Technica, Engadget, and Roadshow
| Wall Street Journal: |
Sources: ahead of expected approval of the T-Mobile-Sprint merger, SoftBank's board will greenlight a $40B investment into its forthcoming second tech fund — SoftBank has been raising cash for the sequel to its $100 billion Vision Fund — Fresh from expected government approval for the sale …
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Reuters, TechCrunch, and Business Insider
Tweets: @kateclarktweets, @susanthesquark, @lizrhoffman, and @sallyshin
| 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
| Elizabeth Dwoskin / Washington Post: |
Facebook announces features aimed at reducing the spread of misinformation, such as reviewing little-known websites whose articles get surges of traffic — MENLO PARK, Calif. — For years, Facebook has built its algorithms to maximize engagement and clicks — a strategy that has helped … | 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.| Zack Whittaker / TechCrunch: |
Researchers find that cryptocurrency loan site YouHodler exposed 86M lines of records, including unencrypted names and credit card numbers, for almost a month — A cryptocurrency loan startup exposed reams of customer credit cards and user transactions for almost a month — because it forgot to protect the server with a password.| 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.| Joanna Nelius / PC Gamer: |
VideoLAN says a VLC security issue shared by CERT-Bund is not as severe as reported and is in a third-party library that was fixed 16+ months ago — The vulnerability was apparently due to a 3rd party library. — Update 7/24: VideoLAN took to Twitter earlier this morning to clarify …
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BleepingComputer, Gizmodo, Firstpost Tech, and Tom's Hardware
Tweets: @videolan, @dominictarason, and @swiftonsecurity
| Natalie Gagliordi / ZDNet: |
PayPal reports Q2 revenue of $4.31B, up 12% YoY, net income of $823M, up 56% YoY, but guidance below analyst expectations; stock down 4%+ after hours — PayPal said the change in its 2019 revenue forecast is due to delays in product integrations and pricing changes as well as currency pressures.Sponsor Posts
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