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July 29, 2022, 3:30 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, PYMNTS.com, GamesIndustry.biz, and The Verge
Tweets: @hoeglaw, @danieldancrane, @stevesi, @scottlincicome, @amir, @carlszabo, @adamkovac, @ericjackson, @gregstohr, @tedfrank, and @dwcaprio
| 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, Dave Lee, Truth on the Market, and MarketWatch
Tweets: @benedictevans, @benedictevans, @jimprosser, @enbrown, @enbrown, @blakereid, @enbrown, @liroyleshed, @anshelsag, @daveleeft, @binarybits, @glenweyl, @kevinakwok, @enbrown, @ctbeiser, @gpanger, @benz145, @binarybits, @enbrown, @choo_hehimlvl3, @julieinannap, @enbrown, @enbrown, @moonalice, @onekade, @johnnyryan, @adamkovac, @karlbode, @veenadubal, @karlbode, @kerrymflynn, @ronmknox, and @ftc
| 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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Bloomberg, Mercury News, Washington Post, CNBC, TechCrunch, Reuters, MobileSyrup, SlashGear, International Business Times, Neowin, Engadget, Barron's Online, and Tech Xplore
Tweets: @mims, @thecityofjules, and @seldo
| 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 … | Joseph Cox / VICE: |
Canadian coffee chain Tim Hortons proposes offering customers a free hot drink and baked good as a settlement for collecting their location data for over a year — The wholesome Canadian chain caused a scandal when its privacy violation was revealed, and now it's proposing a free coffee and a baked good as restitution.| Olivia Solon / Bloomberg: |
Sources: a Chinese government PR unit asked for a stealth TikTok account targeting Western audiences with propaganda; TikTok declined the “sensitive” request — A Chinese government entity responsible for public relations attempted to open a stealth account on TikTok targeting Western audiences …
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Insider, The Guardian, and PCMag
Tweets: @oliviasolon, @ebakerwhite, @marahvistendahl, @lmatsakis, @byron_wan, @zoeschiffer, @mikeelgan, @mmasnick, @oliviasolon, and @martinsfp
| 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, TechCrunch, GeekWire, The Verge, iDownloadBlog.com, AppleInsider, SlashGear, Tom's Hardware, and AFTVnews
Tweets: @om, @davewiner, and @killedbygoogle
| 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.| Pete Schroeder / Reuters: |
US banking regulators order Voyager Digital to cease and desist from making “false and misleading” claims that its customers' funds were insured by the FDIC — U.S. banking regulators have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” …
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CoinDesk, Board of Governors …, PYMNTS.com, Bloomberg, Protocol, CoinGape, Crowdfund Insider, Bitcoin News, CryptoSlate, Cryptonews, Decrypt, Cointelegraph, Micky, and Web3 is going just great. Tweets: @claritytoast
| 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.| 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.| Manish Singh / TechCrunch: |
Krafton's battle-royale game BGMI gets delisted from the iOS and Android app stores after an Indian government ban; Krafton's PUBG was also banned two years ago — Google has pulled the popular battle royale game Battlegrounds Mobile India, more popularly known as BGMI …
More:
Reuters, The Indian Express, The Economic Times, BBC, Inc42 Media, Trak.in, Livemint, MediaNama, The Economic Times, Firstpost Tech, and GamesIndustry.biz
Tweets: @refsrc, @adityakalra, @gagan_arora1, and @adityakalra
| Reuters: |
Apple expects a faster sales growth in Q4, citing easing parts shortages and strong iPhone demand; Tim Cook says Apple is also “being more deliberate” in hiring — Apple Inc (AAPL.O) on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening …
More:
DCD, SiliconANGLE, CNET, London Evening Standard, MacRumors, iMore, and MacRumors. Tweets: @markgurman
| Kif Leswing / CNBC: |
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TechCrunch, TechCrunch, 9to5Mac, Philip Elmer‑DeWitt, Six Colors, 9to5Mac, Telecoms.com, Coinspeaker, Silicon Republic, MacStories, iThinkDifferent, Gizchina, Ars Technica, Patently Apple, AppleInsider, Neowin, BGR India, Daring Fireball, WRAL TechWire, TheStreet, Apple Must, PYMNTS.com, MacRumors, Reuters, iThinkDifferent, iPhone in Canada Blog, Thurrott, Insider, SlashGear, MobileSyrup, and Macworld
Tweets: @patrickmcgee_, @joannastern, @benbajarin, @jason_kint, @trengriffin, @divestech, @munster_gene, @neilcybart, @neilcybart, @jimcramer, @neilcybart, @neilcybart, @trungtphan, @lapcatsoftware, @stroughtonsmith, @divestech, @divestech, @neilcybart, @neilcybart, @neilcybart, @samifathi_, @neilcybart, @mingchikuo, @ron_miller, @epro, and @anthony
| Paul Alcorn / Tom's Hardware: |
Intel is winding down its Optane memory business, incurring a $559M inventory impairment; Optane is the sixth non-core business Intel CEO Pat Gelsinger has sold — 3D XPoint at the last crossroad. — Intel's Q2 2022 earnings report today was uncharacteristically disappointing …
More:
CRN, Gizmodo, DCD, The Register, AnandTech, PCWorld, Appuals.com, TechRadar, Neowin, and ServeTheHome. Tweets: @cscotta. Thanks:@paulyalcorn
| Jordan Novet / CNBC: |
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Intel, SemiAnalysis, Reuters, Tom's Hardware, Windows Central, Fabricated Knowledge, Bloomberg, Computerworld, The Verge, TechSpot, Silicon Republic, HotHardware, TechCircle, Finbold, Coinspeaker, Fossbytes, Wall Street Journal, The Register, HPCwire, PCMag, and Thurrott
Tweets: @patrickmoorhead, @stevesi, @benbajarin, @dylan522p, @dylan522p, @tculpan, @jonmasters, @dylan522p, @markhachman, @niubi, @baldingsworld, @jonmasters, and @donal888
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