Techmeme
July 9, 2021, 1:35 PM

Top News

Richard Lawler / The Verge:
Biden EO will encourage the FCC to bring back net neutrality and enforce clearer pricing labels for ISPs, asks FTC to draft right-to-repair rules, more  —  All in the name of promoting competition in the US economy  —  The White House has issued a “fact sheet” listing the industries …
CNBC:
Biden to sign an EO calling on regulators to enact reforms such as increasing scrutiny of tech mergers and focusing more on moves like “killer acquisitions”  —  - The White House on Friday will announce a new executive order aimed at cracking down on anticompetitive practices in Big Tech, labor and numerous other sectors.
Jay Peters / The Verge:
Square announces it will build a hardware wallet for bitcoin, after Jack Dorsey had discussed the possibility of creating one in June  —  CEO Jack Dorsey said the company was considering one in June  —  Square is going to make a hardware wallet for bitcoin, the company's hardware lead, Jesse Dorogusker, announced on Thursday.
Catalin Cimpanu / The Record:
Microsoft says its bug bounty program paid $13.6M to 341 security researchers in the past 12 months, down slightly from the $13.7M it paid a year ago  —  Microsoft said it awarded more than $13.6 million as monetary rewards to security researchers through its public bug bounty programs over the past 12 months.
Sarah Frier / New York Times:
Book review of An Ugly Truth: an effective examination of every major Facebook scandal and shortcomings in Facebook's leadership, structure, and accountability  —  When you purchase an independently reviewed book through our site, we earn an affiliate commission.  —  AN UGLY TRUTH
New York Times:
John Davidson / Australian Financial Review:
Australia's Federal Court reverses earlier ruling and allows Epic's antitrust case against Apple's App Store to proceed; Apple says it will appeal the judgment  —  The maker of the smash hit game Fortnite can sue Apple in Australia for illegally wielding control over its iPhones and iPads, the Federal Court has found.
Bloomberg:
A look at TokenSniffer, a website tracking cryptocurrency scams that claims to have tracked 42,071 tokens and 2,250 scams or hacks as of June 16  —  Billions are getting pilfered annually through a variety of cryptocurrency scams.  The way things are going, this will only get worse.
Lindsey Ellefson / The Wrap:
News Corp has shut down its news aggregation service Knewz after just 18 months of operation, citing lack of profits  —  News Corp shuttered its the aggregation site Knewz on Friday, just 18 months after its launch.  Users who navigated to the site found an announcement declaring, “Knewz is no more.”
Pavel Alpeyev / Bloomberg:
Sources: SoftBank Group plans to invest an additional $5B in Latin American companies, doubling its commitment to the region to $10B  —  - Total capital commitment to the region doubles to $10 billion  — Investment scope to expand to include seed and Series A rounds
Devin Coldewey / TechCrunch:
Researchers from Facebook, UC Berkeley, and CMU develop AI-controlled walking robots that adapt in real-time to changing terrain like rocks and stairs  —  Robots have a hard time improvising, and encountering an unusual surface or obstacle usually means an abrupt stop or hard fall.
Wall Street Journal:
China orders app stores to remove 25 more apps operated by Didi, including a carpool app and a financing app, saying the apps illegally collect personal data  —  Cyber watchdog says the apps illegally collect personal data  —  BEIJING—China's cyber watchdog ordered app stores to remove 25 …
Cherlynn Low / Engadget:
Fitbit Luxe review: slim and comfortable design with good battery life and Fast Pair for Android devices, but the screen is cramped with tiny, hard-to-read text  —  If I asked you to envision a fitness tracker on a random person's wrist, what would your imaginary wearable look like?
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