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July 29, 2020, 8:40 PM
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| 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 …
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New York Times, Stratechery, CNBC, 9to5Mac, Wall Street Journal, Reuters, OneZero, MacRumors, Forbes, Newser, Marketplace, iPhone in Canada Blog, 9to5Mac, Protocol, VentureBeat, CNBC, and The Guardian
Tweets: @mikeisaac, @gruber, @eff, @eff, @eff, @eff, @gruber, @joannastern, @reckless, @levie, @caseynewton, @kantrowitz, @asankin, @profgalloway, @eff, @willoremus, @reckless, @markwarner, @willoremus, @karlbode, @willoremus, @mikeisaac, and @peteharrisonnyc
| 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 |
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The Verge, Reuters, Android Authority, GeekWire, GeekWire, MacRumors, Japan Today, CNET, The Verge, Cmte Judiciary (D) …, The Logic, Fast Company, VentureBeat, Daring Fireball, Android Central, Seattle Business Journal, Mashable, Protocol, and Gizmodo
Tweets: @housejudiciary, @pinboard, @housejudiciary, @levynews, @cnbc, @housejudiciary, @rephankjohnson, @abc, @rontkim, @delrey, @adrjeffries, @mikeisaac, @nxthompson, @vladsavov, @mims, @joannastern, @geoffreyfowler, @danprimack, @alfredwkng, @kellymakena, @profgalloway, @sarahintampa, @willoremus, @reckless, @parismartineau, @rmac18, @kurtwagner8, @kari_paul, @adrjeffries, @dhh, @adrjeffries, @verge, @lizzadwoskin, @joannastern, @reckless, @riptari, @markgurman, @gruber, @tomwarren, @mims, @reckless, @dhh, @mattyglesias, @anniegilbertson, @gruber, @sarahfrier, @joannastern, @caseynewton, @wired, @shiraovide, @cnet, @sarahfrier, @kadhim, @reckless, @caseynewton, @nxthompson, @juliaangwin, @rmac18, @joshavant, @lmatsakis, @markdistef, @chris_ciaccia, @birnbaum_e, @adrjeffries, and @mattmday
| 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 …
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United States House of Representatives, CBS News, MacDailyNews, Observer, Digital Trends, Telecoms.com, BGR India, and The Keyword
Tweets: @castrotech, @richardjnieva, @johannesreck, @file411, and @andrewrsorkin
| Makena Kelly / The Verge: |
Asked if Amazon ever accessed and used seller data to make business decisions, Bezos said he can't guarantee the ban on the practice has never been violated — The company is investigating possible breaches — During Wednesday's antitrust hearing, Amazon and its CEO Jeff Bezos came under fire … | 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 … | Peter Kafka / Vox: |
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Politico, Reuters, Protocol, TechCrunch, Politico, Om.Co, New York Times, New York Times, TechCrunch, Axios, The Irish Times, Bloomberg, New York Times, Android Central, Associated Press, Silicon Valley Business …, and Big Technology
Tweets: @realdonaldtrump, @sarahfrier, @rakeshlobster, @delrey, and @kainazamaria
| 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 …
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Bloomberg, Protocol, CNET, TechCrunch, Ars Technica, BuzzFeed News, International Business Times, Input, US House of Representatives Judiciary Committee, TechCrunch, Variety, CNN, The Hill, Business Insider, and Input
Tweets: @caseynewton, @rmac18, @slpng_giants, @wyntermitchell, @reckless, @sarahfrier, @sarahfrier, @drdenagrayson, @protocol, @asankin, @mattrosoff, @willoremus, @hshaban, @kevinroose, @sengianaris, @mmasnick, @tomwarren, @jason_kint, @karaswisher, @reckless, @karaswisher, @kimlacapria, @brooklynmarie, @mishaalrahman, @kevinroose, and @reckless
| Stephanie Condon / ZDNet: |
Google debuts an iOS app letting users back up a phone's photos, videos, contacts, and calendar events using Google account storage, and a storage manager tool — Any Google user can now take advantage of the Google One phone backup feature, along with a new, free storage manager tool.
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The Keyword, 9to5Google, Android Authority, Engadget, iMore, AppleInsider, Android Headlines, Android Police, and TechCrunch
| 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 …
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Newsroom | TikTok, The Verge, Nikkei Asian Review, Vox, Tubefilter, dot.LA, Variety, Wall Street Journal, Reuters, The Hill, and CCN.com
Tweets: @neerajka, @firstadopter, @sarafischer, @birnbaum_e, @grady_booch, @donie, @carlquintanilla, @donie, @evelyndouek, @sallyshin, @realsaavedra, @hithisismarissa, @stevenlevy, @niubi, @larakiara, @hkanji, @markdistef, @sub8u, @benyt, @esaagar, @mdudas, @jessekblum, @jmgrygiel, and @ryan_browne_
| Reuters: |
Documents: Arizona's AG is leading a multi-state probe into whether Apple's deliberate slowing of iPhones violated deceptive trade practice laws — SAN FRANCISCO (Reuters) - Arizona is leading a multi-U.S. state probe into whether Apple Inc's deliberate slowing of older iPhones violated …
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iMore, The Hill, Digital Trends, 9to5Mac, MacRumors, AppleInsider, and iDownloadBlog.com
| Reuters: |
Sources: some US investors in ByteDance, seeking to take over TikTok, are valuing the social media app at ~$50B, 50x its projected ~$1B revenue in 2020 — NEW YORK/HONG KONG (Reuters) - Some investors of TikTok's parent company ByteDance seeking to take over the popular social media app … | 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
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Reuters, Engadget, TalkAndroid.com, Voicebot.ai, Ars Technica, SlashGear, TechSpot, Gizmodo, SamMobile, KnowTechie, TechCrunch, Thurrott, Softpedia News, PCWorld, Android Police, and Input
Tweets: @alistairmbarr and @mhbergen
| 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
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Reuters, CNET, AppleInsider, PCWorld, MacRumors, Wall Street Journal, CNBC, Barron's Online, Axios, Investor's Business Daily, MarketWatch, and Qualcomm - Investor Relations. Tweets: @inafried
| Natalie Gagliordi / ZDNet: |
PayPal reports adding a record 21.3M net new active accounts in Q2, bringing total active accounts to 346M, and revenue of $5.26B, up 25% YoY, vs $4.99B est. — PayPal said it saw the largest quarterly increase in active accounts in the company's history during Q2.| 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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CNN, The Verge, Forbes, Los Angeles Times, Business Insider, CNET, Mashable, Bloomberg, Snap Inc., and Engadget
Tweets: @rmac18 and @caseynewton
| Joanna Stern / Wall Street Journal: |
Wearable devices with sensors that continuously gather your temperature, heart rate, and blood oxygen may become personal warning systems for COVID-19 — Wearable devices with sensors that continuously gather your temperature, heart rate and blood oxygen could become personal warning systems for the coronavirus
Tweets: @jennhobby, @joannastern, and @chrissyfarr
| Sabahatjahan Contractor / Reuters: |
US prosecutors are seeking 27 months in prison for ex-Uber executive Anthony Levandowski, who pleaded guilty in March to taking sensitive documents from Google — (Reuters) - U.S. prosecutors are seeking 27 months of imprisonment for the former head of Uber's self-driving technology unit … | Kyle Wiggers / VentureBeat: |
Tempo, which sells a $2,000 AI-powered home weight training system, raises $60M Series B led by Norwest Venture Partners and General Catalyst — Home fitness startup Tempo today closed a $60 million round to ramp up manufacturing of its $1,995 AI-powered gym system.
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Silicon Valley Business … and FinSMEs
| Jonathan Shieber / TechCrunch: |
Connecticut-based Sema4, which uses aggregate patient data to help doctors improve care, raises $121M from BlackRock and others, valuing the company at $1.1B — Sema4, the Stamford, Conn.-based digital healthcare company now worth just over $1 billion, takes its name from the system of sending messages via code.| Alex Wilhelm / TechCrunch: |
Instrumental, which uses vision-powered AI to detect manufacturing anomalies, raises $20M Series B led by Canaan Partners — This morning Instrumental, a startup that uses vision-powered AI to detect manufacturing anomalies, announced that it has closed a $20 million Series B led by Canaan Partners.
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Instrumental
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