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July 29, 2022, 6:45 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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Meta, Protocol, Upland Workshop Newsletter, Watcher Guru, PYMNTS.com, GamesIndustry.biz, The Verge, and Music Ally
Tweets: @tomhebertdc, @davezatz, @kylebrussell, @adamkovac, @adamkovac, @benedictevans, @benedictevans, @benedictevans, @benedictevans, @benedictevans, @matthewstoller, @benedictevans, @amir, @matthewstoller, @matthewstoller, @matthewstoller, @matthewstoller, @hoeglaw, @scottlincicome, @carlszabo, @adamkovac, @ericjackson, @benedictevans, @danieldancrane, @gregstohr, @tedfrank, @dwcaprio, @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.
More:
Financial Times, BIG by Matt Stoller, Truth on the Market, Dave Lee, and MarketWatch
Tweets: @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, and @benedictevans
| 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 … | 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 … | 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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Thurrott, SiliconANGLE, The Verge, Android Central, Neowin, TechCrunch, iPhone in Canada Blog, Phandroid, AFTVnews, Tom's Hardware, iDownloadBlog.com, and SlashGear
Tweets: @davewiner, @om, and @killedbygoogle
| 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.
More:
MacRumors, The Verge, AppleInsider, Pixel Envy, and iDownloadBlog.com
Tweets: @markgurman, @caseynewton, @sdw, @lapcatsoftware, @jonyiveparody, @krzyzanowskim, @chancehmiller, and @bzamayo
| 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 … | 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 … | 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.
More:
Apple Must, Gizchina, The Mac Observer, AppleInsider, and Cult of Mac
| Apple: |
Apple reports record Q3 revenue of $83B, up 2% YoY, vs $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B — iPhone and Services drive June quarter record revenue — Active installed base of devices reaches all-time high for all major product categories
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The Register, Wall Street Journal, Macworld, The Mac Observer, Apple, Moneycontrol, 9to5Mac, ZDNet, AppleInsider, CNBC, Bloomberg, CNBC, The Indian Express, Bloomberg, The Economic Times, SiliconANGLE, CRN, Australian Financial Review, The Verge, Thurrott, and iMore
Tweets: @emilychangtv, @patrickmcgee_, @joannastern, @ophirgottlieb, @benbajarin, @stevekovach, @trengriffin, @sirsteven, @chandrarsrikant, @jimcramer, @carnage4life, @stevekovach, @carnage4life, @carnage4life, @neiltwitz, @benbajarin, @bleedsixcolors, @bleedsixcolors, @charliebilello, @stevekovach, and @benbajarin
| Reuters: |
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SiliconANGLE, CNET, DCD, Gizchina, Silicon Republic, Philip Elmer‑DeWitt, Six Colors, WRAL TechWire, TheStreet, London Evening Standard, MacRumors, iMore, MacRumors, Insider, and 9to5Mac. Tweets: @markgurman
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