Techmeme
July 9, 2021, 9:15 PM

Top News

CNBC:
Biden signs an EO calling on regulators to enact reforms such as increasing scrutiny of tech mergers and focusing more on moves like “killer acquisitions”  —  - President Joe Biden signed a new executive order aimed at cracking down on anti-competitive practices in Big Tech, labor and numerous other sectors.
Josh Sisco / The Information:
Sources: the FTC has opened an in-depth investigation into Amazon's purchase of MGM  —  Any hopes that Amazon had of completing its $8.5 billion purchase of movie and TV studio MGM anytime soon may have just gone out the window.  —  The Federal Trade Commission on Friday opened …
Richard Lawler / The Verge:
Sahil Patel / The Information:
Sources: Apple has had discussions with NFL execs to buy streaming rights for Sunday Ticket games, which currently air on DirecTV  —  Apple has expressed interest in the streaming rights for a package of National Football League games the NFL is now auctioning, said people familiar with the situation …
Sara Fischer / Axios:
TikTok tests auto-deletion of videos as they are uploaded, for categories like minor safety, adult nudity and sexual activities, violent and graphic content  —  TikTok is rolling out a new system that will allow the company to block videos that violate its policies automatically when they're uploaded.
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  —  AN UGLY TRUTH  —  Inside Facebook's Battle for Domination  —  On Jan. 6, after monitoring the messages domestic extremists …
New York Times:
CNBC:
Eugene Scott / Washington Post:
Biden warns Putin in a call that the US “will take any necessary action” to defend its people and critical infrastructure, after the latest ransomware attacks  —  President Biden told Russian President Vladimir Putin on Friday that the United States will take “any necessary action” …
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.”
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.

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Earlier Picks

Bloomberg:
Catalin Cimpanu / The Record:
John Davidson / The Australian Financial Review:
Sascha Segan / PCMag: