Techmeme
July 30, 2020, 10:45 AM

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 …
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 …
Casey Newton / The Interface:
Juli Clover / MacRumors:
YouTube:
Canalys:
Analysis: Huawei shipped 55.8M devices globally, down 5% YoY, overtaking Samsung, which shipped 53.7M, down 30% YoY, to become the world's top smartphone vendor  —  Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) - Thursday, 30 July 2020
Mark Gurman / Bloomberg:
Emails between Eddy Cue and other Apple execs from 2011, revealed in House hearing, show Apple considered 40% cut of first year digital content subscriptions  —  - IPhone maker's Eddy Cue reached 2016 deal with Amazon's Bezos  — In 2011, Apple executives weighed 40% fee for subscriptions
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:
Ross Andersen / The Atlantic:
An in-depth look at how China is using AI-powered tech to build totalitarian surveillance systems before exporting that tech to other regimes around the world  —  Northwest of Beijing's Forbidden City, outside the Third Ring Road, the Chinese Academy of Sciences has spent seven decades building a campus of national laboratories.
Cho Mu-Hyun / ZDNet:
Samsung reports Q2 earnings with sales of ~$44.5B, down 5.6% YoY, and an operating profit of ~$6.8B, up 23.5% YoY, as demand for memory chips increased  —  Samsung posted 8.15 trillion won in second quarter operating profit, with its semiconductor business contributing 5.43 trillion won of that.
Institute for Local Self-Reliance:
Report: Amazon collects 30%, on average, of each sale made by independent sellers on its site, up from 19% just five years ago; seller fees netted ~$60B in 2019  —  Amazon's dominance of online retail means that hundreds of thousands of small businesses must rely on its site to reach customers.

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