Techmeme
December 10, 2020, 3:15 PM

Top News

New York Times:
Legal experts say FTC and state AGs will find it challenging to prove their allegations against Facebook because the standards of proof are formidable  —  The U.S. and states cases against the social network are far from a slam dunk because the standards of proof are formidable.
Jennifer Newstead / About Facebook:
Facebook responds to the FTC and state AGs, saying the lawsuits they've brought forth are “revisionist history” and their antitrust case is unprecedented  —  Billions of people use Facebook's products every day.  To earn their time and attention, we compete fiercely against many other services across the world.
Federal Trade Commission:
More: New York Times, Federal Trade Commission, AVC, Reuters, Wall Street Journal, The Guardian, Slate, Wall Street Journal, On my Om, The Verge, HotHardware.com News, The.Ink, Business Insider, BIG by Matt Stoller, BuzzFeed News, Los Angeles Times, Protocol, TidBITS, diginomica, KnowTechie, TechSpot, Axios, NextPit, XDA Developers, Cointelegraph, Washington Post, Android Police, Bloomberg, news.com.au, The Overspill, The Economic Times, and Tubefilter
NY State Attorney General:
Lauren Feiner / CNBC:
Airbnb opens at $146, up from its $68 IPO price, on its first day of trading after raising $3.5B at a valuation of $47.3B  —  - Airbnb opened at $146 per share on its first day of trading on Thursday, more than doubling the $68 per share price set for its IPO the day before.
Reed Albergotti / Washington Post:
Natasha Lomas / TechCrunch:
Germany launches an antitrust probe into Facebook tying Oculus use to possession of a Facebook account  —  Facebook's bad week just got worse: It's being investigated in Germany for linking usage of its VR product, Oculus, to having a Facebook account.  —  The tech giant raised the hackles …
Catalin Cimpanu / ZDNet:
Adobe has released its final scheduled Flash Player update for all regions outside of mainland China and will block Flash content from January 12  —  Adobe releases final Flash update with stronger language asking users to uninstall the app before its EOL.  —  Adobe has released on Tuesday …
Mitchell Clark / The Verge:
Twitter says iOS users can now add tweets to Snapchat Snaps as stickers, and it will soon test sharing tweets to Instagram Stories  —  Twitter continues to take over all social networks  —  Twitter is making it even easier to spread your tweets far and wide to every social media platform imaginable.
Charlie Warzel / New York Times:
Biden staffers say their experiences in dealing with Facebook during the election left them concerned that the company is a threat to the electoral process  —  Inside the battle between Biden and Facebook.  —  Opinion Writer at Large  —  In the days after the election …
Ryan Browne / CNBC:
Google launches knowledge panels in search results to show accurate information about coronavirus vaccines, starting with the UK  —  - Google has launched new knowledge panels to show people accurate information about coronavirus vaccines.  — The feature is only available in the U.K …
Khari Johnson / VentureBeat:
Washington Post:
National Weather Service says it has an Internet bandwidth problem and proposes limiting users to 60 connections/minute, which could hurt weather apps and sites  —  Agency floats a solution to problems that could hobble private companies and affect popular weather apps.
Ginny Marvin / Search Engine Land:
Google says it will let users limit the alcohol and gambling ads they see, starting with YouTube in the US  —  The new feature will launch on YouTube in the U.S. first.  —  Google is adding new user controls for alcohol and gambling ads.  The new feature, announced Thursday …
Jordan Crook / TechCrunch:
UserLeap, which builds tools to give product managers more qualitative data, raises $16M Series A led by Accel  —  Product managers can only be successful if they can make effective use of both quantitative and qualitative data.  But mapping the former to the latter, and collecting high-quality data …
BuzzFeed News:
Facebook insiders say it is prioritizing revenue over user safety by its lax approach to stopping scammers, hackers, and disinfo peddlers from buying ads  —  Facebook is on track for record ad revenue this year.  That's partly due to its lax approach to stopping scammers, hackers …
Steve O'Hear / TechCrunch:
Cleo, creator of an AI-powered financial assistance app and chatbot, raises $44M Series B led by EQT Ventures  —  Cleo, the London founded “financial assistant” that takes the form of an app and chatbot and now counts the U.S. as its largest market, has raised $44 million in Series B funding.
D. M. Moore / Polygon:
AT&T has agreed to sell Japanese anime streaming service Crunchyroll to Sony's Funimation Global Group for $1.18B  —  The move consolidates the anime industry in a major way  —  On Wednesday, Sony Pictures Entertainment Inc. announced that AT&T and WarnerMedia agreed to sell Crunchyroll to Funimation.

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More News

Kaitlyn Tiffany / The Atlantic:
Natasha Lomas / TechCrunch:

Earlier Picks

Byron Tau / Wall Street Journal: