Techmeme
July 29, 2020, 9:00 PM

Top News

Tony Romm / Washington Post:
CEOs of Amazon, Apple, Facebook, and Google grilled over their companies' market power at the nearly six-hour congressional subcommittee hearing  —  The leaders behind the tech giants testified before Congress virtually  —  The leaders of Amazon, Apple, Facebook and Google took …
YouTube:
Video of the House Antitrust Subcommittee hearing on online platforms and market power with the CEOs of Amazon, Facebook, Google, and Apple  —  TW: @HouseJudiciary |  FB: HouseJudDems |  IG: HouseJudDems |  M: /HouseJudiciary Subcommittee on Antitrust, Commercial, and Administrative Law |
Richard Nieva / CNET:
Sundar Pichai received bipartisan criticism during Wednesday's antitrust hearing, facing questions about Google's digital ads business, privacy practices, more  —  The leaders of four of the world's most powerful tech companies — Apple, Amazon, Facebook and Google — appeared on Wednesday …
Mark Gurman / Bloomberg:
Emails between Eddie Cue and other Apple execs from 2011, revealed in House hearing, show Apple considered 40% cut of first year digital content subscriptions  —  Apple Inc. executives almost a decade ago considered taking a cut of 40% from some third-party subscriptions accessed through its platform …
Emil Protalinski / VentureBeat:
At the antitrust hearing, Cook was questioned 7 times, Bezos 13 times, Zuckerberg 16 times, and Pichai 16 times, the latter three for at least 50 minutes each  —  At the “Online Platforms and Market Power” virtual antitrust hearing today, the House Judiciary Committee questioned Amazon CEO Jeff Bezos …
Juli Clover / MacRumors:
Peter Kafka / Vox:
The Verge:
Emails from Mark Zuckerberg, revealed by the House antitrust panel, show that Facebook wanted to buy Instagram at least partly to explicitly avoid competition  —  In late February 2012, Facebook CEO Mark Zuckerberg emailed his chief financial officer, David Ebersman, to float the idea …
Sara Fischer / Axios:
TikTok's new CEO Kevin Mayer says it'll release code driving its content moderation algorithms, accuses Facebook of maligning attacks “disguised as patriotism”  —  In his first public statement as CEO of TikTok, f ormer Disney exec Kevin Mayer says the company will be releasing …
Reuters:
Ian King / Bloomberg:
Qualcomm reports Q3 non-GAAP revenue of $4.9B, flat YoY, forecasts Q4 revenue of $5.5B to $6.3B, vs $5.8B est., announces Huawei license deal; stock jumps 12%+  —  - Deal with Chinese telecom company ends long-running dispute  — CEO says rebound from Covid-19 slump faster than expected
Bloomberg:
Sources: Google and Samsung are working on a deal to give Google services more prominence on Samsung devices, discussing the roles of Bixby, Play Store, search  —  - Google Assistant, Play app store may gain more prominent roles  — Samsung seeks other revenue sources as handset demand drops
Sara Fischer / Axios:
Snap releases its first diversity report: 4.1% are Black, 6.8% are Hispanic; women make up 32.9% of the company, 16% of technical roles, 7% of leadership roles  —  Snapchat on Wednesday released its first-ever diversity report, showing that the company is still slightly behind its peers …

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