Techmeme
July 29, 2022, 9:05 PM

Top News

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 …
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 …
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.
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.
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 …
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.
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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More News

Manu P Toms / The Economic Times:
Joseph Cox / VICE:
David E. Sanger / New York Times:
Olivia Solon / Bloomberg:
Nathan Grayson / Washington Post:

Earlier Picks

Manish Singh / TechCrunch:
Pete Schroeder / Reuters:
Richard Lawler / The Verge:
Amanda Silberling / TechCrunch:
Todd Spangler / Variety:
Jordan Novet / CNBC:
Apple: