| Stephanie Bodoni / Bloomberg: |
In a filing, Amazon disclosed EU privacy regulators fined the company a record $888M for violating GDPR data storage rules in a July 16 decision — - Luxembourg watchdog wields new powers with highest data fine — Fine follows probe based on complaint by French privacy group| Amazon.com, Inc.: |
| Natalie Wolchover / Quanta Magazine: |
Physicists say they used Google's quantum computer to demo a time crystal, which forever cycles between states without consuming energy, for the first time — Like a perpetual motion machine, a time crystal forever cycles between states without consuming energy.| Reuters: |
SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for companies about the risks they face in China — (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) … | Dan Wang / Foreign Affairs: |
| Russ Mitchell / Los Angeles Times: |
New book claims Elon Musk demanded to be made Apple CEO during Tesla buyout talks in 2016, before Tim Cook cursed and hung up; Musk says he never spoke to Cook — Power Play: Tesla, Elon Musk, and the Bet of the Century — If you buy books linked on our site, The Times may earn a commission … | Tim Perry / HTTP Toolkit: |
Safari's extremely slow pace in adopting popular features and fixing showstopping bugs, and refusal to engage with contentious API proposals, is harming the web — There's been a lot of discussion recently about how “Safari is the new IE” (1, 2, 3, 4, 5). — I don't want to rehash … | Davey Alba / New York Times: |
A look at the development of an Amazon warehouse in Windsor, CT, where the discovery of multiple nooses on site raises questions about Amazon's responsibilities — The discovery of multiple nooses has set off heated debates about the responsibility of companies and the ability of workers to speak their mind.| Stephen Shankland / CNET: |
Twitter offers bug bounty of up to $3,500 to spot bias in its photo cropping algorithm, which was shown to favor white people over Black people — Twitter has a new way to rid itself of artificial intelligence bias: pay outsiders to help it find problems. On Friday, the short-message app … | Tom Wilson / Reuters: |
Amid regulatory pressure, Binance says it will wind down its futures and derivatives products in Germany, Italy, and the Netherlands — Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe, a move that comes after unprecedented pressure from regulators.| Ashley Carman / The Verge: |
In an email to creators, Mark Cuban-funded Fireside, which hosts live audio chats, says it is accepting investments through August from anyone interested — It hasn't even launched publicly yet — The Mark Cuban-funded and co-founded audio app Fireside has yet to publicly launch … | Edward Ongweso Jr / VICE: |
48 civil rights and advocacy groups ask the FTC to ban corporate facial surveillance technology and continuous corporate surveillance of public space — The open letter uses Amazon as a case study to argue that corporate surveillance technologies cause immense harm and fall under the FTC's authority to ban.| Eva Dou / Washington Post: |
China's top court issues new guidelines that hotels, airports, and other commercial venues must get consent from customers to use facial recognition from Aug. 1 — Guo Bing, a law professor in the Chinese city of Hangzhou, liked the zoo enough to purchase an annual pass.| Eric Seufert / @eric_seufert: |
| Stephan Kahl / Bloomberg: |
Germany to allow institutional funds, which currently manage a total of ~$2.1T, to hold up to 20% of their holdings in Bitcoin and other crypto assets — - Law would let billions of euros flow into crypto assets — Spezialfonds effected currently manage 1.8 trillion euros| Telegram: |
Telegram's latest update adds group video calls of up to 1,000 users with 30 simultaneous broadcasts, video messages, screen sharing during video calls, more — This update takes video to the next level. Group video calls now have up to 1000 viewers, video messages record in higher quality … | Igor Bosilkovski / Forbes: |
Modern Animal, a pet care service offering 24/7 telemedicine and a more “intelligent” labor model for veterinarians, raises $40M Series B led by Founders Fund — Veterinary company Modern Animal, cofounded and spearheaded by Under 30 honoree Steven Eidelman, announced today that it has raised $75.5 million.
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| Jay Peters / The Verge: |
| Nick Statt / Protocol: |
| Kieran Leavitt / Toronto Star: |
| Salvador Rodriguez / CNBC: |
| Maggie Fitzgerald / CNBC: |