Techmeme
July 24, 2019, 9:25 PM

Top News

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
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 …
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
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 …
Charlie Warzel / New York Times:
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 …
The Keyword:
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.
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 …
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 …
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 …
More: 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.
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 …
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.
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 …
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 …

Sponsor Posts

Smartsheet:
Strategies for shutting down SaaS sprawl  —  Managing a chaos of apps steals focus away from IT leaders who are increasingly helping to drive business.  Read the report.
TWiT.tv:
Answers To Your Tech Questions  —  On Ask The Tech Guy, Leo Laporte answers one tricky tech dilemma and gets to the root of the problem.  Subscribe to Ask The Tech Guy podcast.
Zoho:
Are you ready, Australia?  We've opened two new data centres for the A/NZ region!  —  In recent years, more and more Australian businesses have adopted Zoho as their preferred software platform …
AWS Startups:
Shaping Your Startup Culture to Thrive  —  Our panel of experts at our AWS Loft in New York, including folks from Buzzfeed, Enigma, and Value Culture, discuss why culture is vital to any startup that wants to survive past its early days.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Clearbanc co-founder and president Michele Romanow is coming to Disrupt SF  —  Raising venture capital isn't easy; for some, it's impossible.  Clearbanc offers startups a fundraising alternative …
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.

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