Techmeme
August 19, 2021, 5:55 PM

Top News

Lauren Feiner / CNBC:
FTC files a new antitrust complaint against Facebook, after a judge dismissed the first complaint in June; Facebook has until October 4 to respond  —  - The Federal Trade Commission filed a new antitrust complaint against Facebook on Thursday.  — A federal judge dismissed …
The Verge:
FTC's new suit says Facebook has a monopoly in “US personal social networking services”, distinguishing it from TikTok, and Lina Khan will not recuse herself  —  FTC chair Lina Khan will not recuse herself from the case  —  The Federal Trade Commission has filed …
Lucas Shaw / Bloomberg:
OnlyFans says it will prohibit users from posting any sexually explicit conduct starting in October, but will allow them to post nude photos and videos  —  - Popularity of the website has exploded during the pandemic  — Many sex workers use OnlyFans to charge customers online
Dan Primack / Axios:
Sources: OnlyFans is struggling to find investors, possibly due to hosting adult content; Pitch Deck shows it predicts $5.9B GMV in 2021 and $1.2B net revenue  —  OnlyFans, the online creator platform known for its adult content, is struggling to find outside investors, according to multiple sources.
Alex Heath / The Verge:
Facebook announces Horizon Workrooms, a virtual meeting space with avatars, spatial audio, a whiteboard, and more, in beta on Oculus Quest 2  —  It wasn't long into a recent press briefing I attended in virtual reality when Mark Zuckerberg showed up to talk about the metaverse.
Wall Street Journal:
Sources: Amazon plans to open several large physical stores across the US, starting in Ohio and California, to extend its reach in clothing and other areas  —  Online shopping pioneer wants a larger retail presence to sell clothing and household items and facilitate exchanges
Sean Hollister / The Verge:
An overview of the most interesting internal emails from the Apple v. Epic trial, including discussions about an “iPhone nano” and lowering App Store fees  —  In May, the world watched as Epic Games dragged Apple to court, challenging the most profitable company in the world …
Jordan Novet / CNBC:
Microsoft says it will raise the prices of commercial Microsoft 365 subscription bundles in March 2022, the first major price change since their 2011 launch  —  - This is the first major price change for Office 365 since Microsoft launched it in 2011.  — Microsoft has also expanded Office …
Chaim Gartenberg / The Verge:
Intel details its Alder Lake lineup, coming this fall, which uses a 10nm process and offers hybrid performance and efficiency x86 cores  —  Coming this fall  —  Intel has spent much of 2021 announcing plans for its future: a new IDM 2.0 strategy, new naming schemes for its process nodes, and new desktop GPUs.
Bloomberg:
Adobe says it will acquire Frame.io, which makes video collaboration software, for about $1.3B in cash  —  - Frame.IO adds to Adobe creative cloud unit, home of Photoshop  — Frame.io serves broadcasters, media agencies and brands  —  Adobe Inc. is acquiring Frame.io …
Ethan Zuckerman:
Facebook's new report reinforces its narrative that most content on the News Feed is not news, but doesn't provide enough data to make meaningful conclusions  —  What content is popular on Facebook?  —  This is a surprisingly difficult - and very important - question to answer.
Issie Lapowsky / Protocol:

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Joseph Cox / VICE: