Techmeme
June 26, 2020, 3:55 PM

Top News

Suzanne Vranica / Wall Street Journal:
Unilever says it will halt US advertising on Facebook and Twitter for at least the remainder of 2020, citing hate speech and divisive content on the platforms  —  Facebook to start labeling posts that violate its rules but are deemed newsworthy  —  Consumer-goods giant Unilever UL -.57% PLC …
Mark Zuckerberg:
Zuckerberg says Facebook will now label content that is not taken down because it is deemed newsworthy and of public interest  —  Three weeks ago, I committed to reviewing our policies ahead of the 2020 elections.  That work is ongoing, but today I want to share some new policies to connect people …
Todd Haselton / CNBC:
Microsoft says it will permanently close all Microsoft Store retail locations and focus on its online store instead  —  - Microsoft on Friday announced it will permanently close its Microsoft Store retail locations.  — In the past decade or so, Microsoft began to expand its retail presence …
CNBC:
Amazon has signed an agreement to acquire self-driving car startup Zoox, reportedly for $1.2B+; Zoox was valued at over $3B in 2018  —  - Zoox was valued at over $3 billion in 2018, but has struggled with management turnover in its efforts to develop a self-driving car.
Tom Warren / The Verge:
Leaked Microsoft document hints at a cheaper and less powerful Xbox console, designed to provide key improvements in Xbox Series X at a lower price point  —  The document mentions multiple Project Scarlett consoles  —  Microsoft has been planning a second, cheaper and less power next-gen Xbox console.
Andrew J. Hawkins / The Verge:
Volvo to integrate Waymo's autonomous driving technology in its future fleet of electric robotaxis, the fourth automaker to commit to using Waymo's AV tech  —  Waymo says it is an ‘exclusive’ supplier of Level 4 technology to Volvo  —  Waymo is the “exclusive global L4 partner” …
Bloomberg:
Tencent is launching Trovo, a Twitch-like streaming service, in the US, and plans to entice creators with a $30M partnership program starting in July  —  - Trovo is a close analog to Twitch and already live online  — Preparing official launch with $30 million recruitment budget
Megan Graham / CNBC:
Verizon joins the boycott of Facebook ads, pulling them until Facebook has “an acceptable solution that makes us comfortable”, the largest advertiser so far  —  - Verizon said on Thursday it is pulling advertising on Facebook and Instagram.  — On Thursday, the Anti-Defamation …
Suzanne Vranica / Wall Street Journal:
Abner Li / 9to5Google:
Report: Alphabet said to be close to buying Canadian smart glasses maker North for ~$180M; sales of North's first generation Focals were said to be minuscule  —  While Glass lives on as an enterprise product, it never came close to reaching Google's wildly ambitious vision of replacing the smartphone.

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Featured Podcasts

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The $1.4B Startup Deciding What You See When You Shop Online | Sequen's Zoë Weil
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Earlier Picks

Dan Seifert / The Verge:
Bloomberg:
Laurence Dodds / Telegraph:
Taylor Hatmaker / TechCrunch: