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Congress is starting to understand how Silicon Valley works
In the runup to yesterday’s landmark antitrust hearing featuring the leaders of Google, Apple, Facebook and Amazon, Dipayan Ghosh wanted to see what “unifying theory” Congress would develop about how these companies work.He has his own theory. Ghosh… Source
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Amazon bought Ring for market position, not technology, emails suggest
On Wednesday, the House Judiciary Committee held its last hearing as part of its year-long investigation into anti-competitive behavior in the tech industry. As part of that probe, lawmakers obtained around 1.3 million documents from Amazon, Apple, Facebook, and Google ahead of their final hearing featuring the chief executives of…
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Apple was conflicted over right-to-repair stance, emails show
Apple hasn’t always known what public position to take on right-to-repair policies and legislation, according to recently published internal emails. The 2019 discussion, provided to Congress for its antitrust investigation, highlights the Apple PR team’s struggle to keep public messaging cohesive amid stories covering internal repair developments that seemingly open…
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‘Hyper Scape’ is coming to PS4 and Xbox One on August 11th
Hyper Scape, Ubisoft’s free-to-play battle royale, is making its way to consoles in a couple of weeks. It’ll arrive on PlayStation 4 and Xbox One on August 11th. PC players have been able to try an open beta of Hyper Scape over the last several weeks… Source
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Amazon wants to kill off online fraud Best credit card processing service
In an effort to make it easier for businesses to identify fraud online, AWS has developed a new fully managed service called Amazon Fraud Detector which leverages the e-commerce giant’s years of experience detecting fraud as well as machine learning. The new service can automatically identify potentially fraudulent activity in…
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Chinese EV startup Li Auto goes public in the US, raises $1.1 billion
The latest electric vehicle startup to cash in on a new wave of hype and investment in the space is Li Auto, a five-year-old Chinese company that started trading on the Nasdaq on Thursday after raising $1.1 billion in an initial public offering. It’s the second Chinese EV startup to…
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