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July 29, 2022, 7:25 PM
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| Leah Nylen / Bloomberg: |
Sources: Lina Khan overruled FTC staff to sue Meta over its Within acquisition; the FTC didn't take sworn interviews of company execs in the nine-month inquiry — Federal Trade Commission Chair Lina Khan led her fellow Democrats in the agency's majority vote to sue Meta Platforms Inc. this week …
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Tweets: @tomhebertdc, @davezatz, @kylebrussell, @amir, @adamkovac, @adamkovac, @benedictevans, @benedictevans, @benedictevans, @benedictevans, @benedictevans, @matthewstoller, @benedictevans, @hoeglaw, @scottlincicome, @carlszabo, @matthewstoller, @adamkovac, @ericjackson, @matthewstoller, @benedictevans, @danieldancrane, @gregstohr, @matthewstoller, @tedfrank, @dwcaprio, @matthewstoller, @stevesi, @moonalice, and @benedictevans
| Cecilia Kang / New York Times: |
FTC chair Lina Khan's attempt to block Meta's Within acquisition upends decades of antitrust standards and may shift how DC enforces competition in nascent tech — Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature.
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Financial Times, BIG by Matt Stoller, Truth on the Market, Dave Lee, and MarketWatch
Tweets: @colincrowell, @blakereid, @muslimadvocates, @liroyleshed, @jimprosser, @daveleeft, @binarybits, @glenweyl, @gpanger, @proffionasm, @binarybits, @onekade, @kevinakwok, @ctbeiser, @julieinannap, @choo_hehimlvl3, @anshelsag, @enbrown, @enbrown, @enbrown, @enbrown, @enbrown, @enbrown, @enbrown, @benz145, @johnnyryan, @adamkovac, @karlbode, @veenadubal, @karlbode, @kerrymflynn, @ronmknox, @ftc, @econliberties, @benedictevans, @caseynewton, and @joshconstine
| Richard Lawler / The Verge: |
A Delaware judge rules that Twitter's case against Elon Musk for attempting to exit his $44B takeover will go to trial from October 17 to October 21, 2022 — Everybody's going to the Court of Chancery — We have a schedule for the Delaware Court of Chancery trial over T witter's lawsuit …
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Tweets: @mims, @thecityofjules, and @seldo
| Lora Kolodny / CNBC: |
Elon Musk countersues Twitter over the merger agreement in a confidential filing in a Delaware court — - Elon Musk counter sued Twitter on Friday, intensifying the conflict between the social networking company and centi-billionaire but keeping details hidden from the public.| Amanda Seitz / Associated Press: |
Twitter says it fielded nearly 60K legal demands globally in H2 2021 and complied fully with ~40%; the US accounted for 20% of account information requests — WASHINGTON (AP) — Twitter warned Thursday that governments around the globe are asking the company to remove content or snoop …
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Twitter, Axios, Reclaim The Net, Engadget, and Search Engine Journal
Tweets: @michellemanafy and @lumendatabase
| Abner Li / 9to5Google: |
Amazon plans to shut down Drive, its cloud storage service launched in March 2011, at the end of 2023 to focus “on photos and video storage with Amazon Photos” — In an email to customers this morning, Amazon announced that its “Drive” cloud storage service is shutting down at the end of 2023.
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Tweets: @bwjones, @eposvox, @davewiner, @om, and @killedbygoogle
| Matt Binder / Mashable: |
Crypto network Helium claimed for years that Lime is a client, which Lime calls “a false claim”; source: Lime is preparing to send a cease and desist to Helium — Is this really Web3's golden goose? — Helium is often heralded as one of the largest success stories in the Web3 space …
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The Verge and Stacey on IoT
Tweets: @chafkin, @mattbinder, @mattbinder, @timfernholz, and @silvermanjacob
| Chance Miller / 9to5Mac: |
Apple expands App Store ads from the Search tab and Search results to the App Store's Today homepage and individual app pages — Apple is expanding its advertising business and adding two new ad slots to the App Store. Currently, the App Store has two ad slots: one on the main ‘Search’ tab and one in the Search results.
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The Verge, MacRumors, AppleInsider, Pixel Envy, and iDownloadBlog.com
Tweets: @markgurman, @timsweeneyepic, @tolmasky, @tapbot_paul, @caseynewton, @sdw, @lapcatsoftware, @jonyiveparody, @krzyzanowskim, @chancehmiller, and @bzamayo
| Strategy Analytics: |
Global smartphone shipments fell 7% YoY to 291M units in Q2 2022; Samsung had a 21.5% market share, followed by Apple's 16.3%, its best Q2 in the past 10 years — BOSTON—(BUSINESS WIRE)— According to new research from Strategy Analytics, global smartphone shipments fell -7% YoY to 291 million units in Q2 2022.
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Gizchina, The Mac Observer, Apple Must, AppleInsider, and Cult of Mac. Tweets: @borismetodievsa
| Bloomberg: |
The SEC adds Alibaba to a list of Chinese companies facing delisting in three years if they don't comply with US auditing standards; Alibaba's stock is down 9%+ — Alibaba Group Holding Ltd. has moved a step closer toward getting booted off US stock exchanges for American inspectors not being able to access to financial audits.| Annie Massa / Bloomberg: |
An interview with Robinhood CEO Vlad Tenev on the company's post-IPO stock plunge, catering to its most active users, job cuts, reining in expenses, and more — A relaxed vibe envelops Robinhood Markets Inc.'s California headquarters, where employees stroll in pairs around a lush courtyard of cacti … | David E. Sanger / New York Times: |
As Congress debated the $280B CHIPS Act for 13 months, China's semiconductor industry surged ahead, making a 7nm chip that may be based on, or stolen from, TSMC — While Congress argued over whether and how to support American chip makers and research in other technologies China was surging ahead.| Anthony Boadle / Reuters: |
Brazilian prosecutors ask WhatsApp to delay its Communities feature launch in Brazil until January to avoid spreading misinformation around the October election — Brazilian prosecutors on Friday called on messaging platform WhatsApp to delay the launch in Brazil of its new feature called … Sponsor Posts
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