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Big Tech companies have a new question: Build, Buy or Bail

Welcome to this week's edition of Trending, the newsletter where we highlight BI Prime's biggest tech stories. I'm Alexei Oreskovic, Business Insider's West Coast bureau chief and global tech editor. If this is your first time here, this is how you can get Trending in your inbox every week. This week: To build or to buy, tech's fundamental question takes center stage "Build or Buy?" is one of the fundamental questions for any tech business. The unrelenting rhythm of innovation in technology, ...
Tags: Apple, Google, Amazon, Facebook, Elon Musk, Supreme Court, Microsoft, Softbank, Trends, Tech, Cisco, Pimco, Ibm, Silicon Valley, Jeff Bezos, West Coast


Inside the world of cannabis influencers on Instagram and YouTube, who can make over $1,000 for a sponsored post but often get their accounts shut down

Being a cannabis influencer on social apps like Instagram and YouTube can be lucrative. But creators say their accounts often get shut down by both tech platforms.  Business Insider spoke to three cannabis influencers who said they charge anywhere from $300 to $1,500 for a sponsored post. Because of the threat of having an account on Instagram or YouTube shut down, these influencers said diversifying into other revenue streams like touring, merchandise, and consulting is important for cannabis...
Tags: Google, Facebook, Sweden, Instagram, California, Youtube, US, Trends, Canada, South Dakota, Fda, Ken Burns, Department Of Justice, Doj, Alex, Federal Trade Commission


Facebook asks for a moat of regulations it already meets

It’s suspiciously convenient that Facebook already fulfills most of the regulatory requirements it’s asking governments to lay on the rest of the tech industry. Facebook CEO Mark Zuckerberg is in Brussels lobbying the European Union’s regulators as they form new laws to govern artificial intelligence, content moderation and more. But if they follow Facebook’s suggestions, they might reinforce the social network’s power rather than keep it in check by hamstringing companies with fewer resource...
Tags: Google, Social, TC, Facebook, Apps, Mark Zuckerberg, Europe, Isis, Advertising Tech, Government, Tech, Eu, European Union, Artificial Intelligence, Policy, Al Qaeda


Startups Weekly: A pre-IPO list of unicorn companies that also generate lots of revenue(!)

[Editor’s note: Want to get this weekly review of news that startups can use by email? Just subscribe here.]  My colleague Alex Wilhelm has been researching the companies that are both getting impressive valuations and also generating annual recurring revenues of around $100 million on more. These are the sorts of companies that any savvy public-market tech investor might want to take a closer look at, particularly the sort of investor who is comfortable digesting modern online subscription metr...
Tags: TC, China, Tech, Alex, Vmware, Ftc, Bessemer, Alex Wilhelm, Nps, Danny, Escher, Danny Crichton, Mike Volpi, Lidia Yan, Startups Weekly, Anna Escher


The FTC's latest shot at the tech giants has opened up an unexpected front in the war to constrain Apple, Amazon, Google, Microsoft, and Facebook (GOOG, AAPL, MSFT, AMZN, FB)

The Federal Trade Commission's move to probe past acquisitions by the big tech firms is one more regulatory worry for those companies. The agency plans to study the "hundreds" of deals the companies have made over the last 10 years that the companies hadn't previously had to report to it. There's growing concern inside and outside the agency that the companies have used such deals to quash nascent competitors. As a result of the study, the FTC could force the companies to unwind some of their ...
Tags: Apple, Google, Amazon, Facebook, Microsoft, Congress, US, Trends, European Union, Commission, Silicon Valley, Harry, University Of California Berkeley, Doj, Justice Department, Federal Trade Commission


App developers are growing wary of Apple's stringent store guidelines: 'Who's going to want to build the next giant innovative app on the platform?'

Some app developers are increasingly wary of working with Apple, thanks to its stringent set of rules that govern the App Store.  Developers for products like parental control app Boomerang are recommending their customers buy Androids, not iPhones, for their children.  After an antitrust hearing in January in which Tile accused the tech giant of using the Store to enable its alleged anticompetitive behavior, these complaints have grown louder. Visit Business Insider's homepage for more storie...
Tags: Apple, Microsoft, Congress, US, Trends, Department Of Justice, App Store, Google Maps, Mac App Store, Ftc, Boomerang, Astro HQ, Blix, Ben Volach, Justin Payeur, Payeur Apple


Qualcomm Makes Case To Appeals Court That It Didn't Hurt Competition

Qualcomm is making the case for why it didn't hurt competition in the smartphone chip business. "The company, represented by attorney Thomas Goldstein of the firm Goldstein & Russell, on Thursday appeared before the U.S. Court of Appeals for the Ninth Circuit in downtown San Francisco," reports CNET. "Qualcomm is hoping the appeals court will overturn a ruling by a district court judge that declared it to be a monopoly and ordered it to renegotiate its licensing contracts." From the report: Qual...
Tags: Apple, San Francisco, Tech, Qualcomm, Stanford University, Ftc, U S Court of Appeals, Ninth Circuit, US Federal Trade Commission, Goldstein Russell, Goldstein, Thomas Goldstein, CNET Qualcomm, Qualcomm Brian Fletcher


Facebook Dating launch blocked in Europe after it fails to show privacy workings

Facebook has been left red-faced after being forced to call off the launch date of its dating service in Europe because it failed to give its lead EU data regulator enough advanced warning — including failing to demonstrate it had performed a legally required assessment of privacy risks. Late yesterday Ireland’s Independent.ie newspaper reported that the Irish Data Protection Commission (DPC) had sent agents to Facebook’s Dublin office seeking documentation that Facebook had failed to provide...
Tags: Social, Facebook, Apps, Asia, Europe, Privacy, US, Social Media, Tech, Eu, European Union, Colombia, United States, Ireland, Data Protection, Dublin


Ever Loved’s funeral marketplace undercuts undertakers

Fifty percent of families are scared they can’t cover the cost of a funeral. They end up overpaying because no one wants to comparison shop amidst a tragedy. That’s why ex-Googler Alison Johnston’s startup Ever Loved built a free funeral crowdfunding tool. Now it’s addressing one of the most expensive parts of saying goodbye: burial. Today Ever Loved launches its online marketplace for caskets, urns, headstones and memorial jewelry. By sidestepping the overhead of a physical funeral home, ...
Tags: Google, Amazon, Social, Startups, TC, Ecommerce, Crowdfunding, Washington, La, Funerals, San Francisco, Tech, Walmart, Silicon Valley, Payments, Costco


The FTC's focus on 'small' acquisitions by tech companies is the first shot in a big new battle (GOOG, AAPL, MSFT, AMZN, FB)

The Federal Trade Commission's move to probe past acquisitions by the big tech firms is one more regulatory worry for those companies. The agency plans to study the "hundreds" of deals the companies have made over the last 10 years that the companies hadn't previously had to report to it. There's growing concern inside and outside the agency that the companies have used such deals to quash nascent competitors. As a result of the study, the FTC could force the companies to unwind some of their ...
Tags: Apple, Google, Amazon, Facebook, Microsoft, Congress, US, Trends, European Union, Commission, Silicon Valley, Harry, University Of California Berkeley, Doj, Justice Department, Federal Trade Commission


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. Samsung announced multiple new products during its big Unpacked event, from a new foldable phone, the Galaxy Z Flip, to the $1,400 Galaxy S20 Ultra with 100x zoom. The Korean tech giant announced no fewer than five major new devices during the event, including the company's best shot at Apple's AirPods. The FTC is looking into "hundreds" of potential anticompetitive acquisitions made by Apple, Facebook, Microsoft, and Google-...
Tags: Apple, Google, Facebook, Spacex, Softbank, Samsung, San Francisco, Trends, Tesla, Barcelona, Intel, Nasa, Sprint, Airbnb, Cia, Jack Dorsey


FTC votes to review influencer marketing rules & penalties

Undisclosed influencer marketing posts on social media should trigger financial penalties, according to a statement released today by the Federal Trade Commission’s Rohit Chopra. The FTC has just voted 5-0 to approve a Federal Register notice calling for public comments on questions related to whether The Endorsement Guides for advertising need to be updated. “When companies launder advertising by paying an influencer to pretend that their endorsement or review is untainted by a financial relati...
Tags: TC, Instagram, Youtube, Tech, Commission, Taylor, Federal Trade Commission, Ftc, Chopra, Rohit Chopra


FTC will review unreported acquisitions made by the Big Tech between 2010-19

The Federal Trade Commission (FTC), on February 11, ordered Alphabet (including Google), Amazon, Facebook, Microsoft and Apple “to provide information about prior acquisitions not reported to the antitrust agencies under the Hart-Scott-Rodino (HSR) Act”. These companies will have to provide information such as the terms, scope, structure, and purpose of such transactions made between January […] ...
Tags: Travel, Apple, Google, Amazon, Facebook, News, Microsoft, Privacy, Antitrust, Federal Trade Commission, Alphabet, Ftc, Federal Trade Commission FTC, Google Amazon Facebook Microsoft


FTC Seeks Information From Big Tech Companies on Mergers From 2010 to 2019

The Federal Trade Commission is taking a closer look at acquisitions in the past decade by tech giants Alphabet, Amazon, Apple, Facebook and Google. The agency issued orders today requiring the five companies to provide information about acquisitions between Jan. 1, 2010, and Dec. 31, 2019, which were not reported to antitrust agencies under the...
Tags: Google, Advertising, Federal Trade Commission, Ftc, Alphabet Amazon Apple Facebook, Publishers & Platforms


FTC Digging Into Big Tech’s Past for Possible Anticompetitive Mergers and Acquisitions

Adding to the already-considerable interest in antitrust enforcement against major US tech companies, the Federal Trade Commission today announced a Special Order demanding information from Apple, Alphabet/Google, Amazon, Microsoft and Facebook about their mergers and acquisitions over a ten year period. Read more...
Tags: Apple, Google, Amazon, Facebook, Science, Microsoft, US, Antitrust, Federal Trade Commission, Ftc, Apple Alphabet Google Amazon Microsoft


FTC Will Review Past Mergers by Facebook, Google and Other Big Tech Companies

The new effort by the Federal Trade Commission will require all five big technology companies to provide information about the smaller players they've purchased over the past 10 years, including documents for deals that may not have been large enough to warrant deep, closer inspection by government watchdogs at the time. From a report: The records the FTC amasses could ultimately influence its thinking about Silicon Valley and its size, sparking investigations, resulting in tough punishments or ...
Tags: Microsoft, Congress, Tech, Commission, Silicon Valley, Federal Trade Commission, Ftc, Facebook Google, Apple Amazon Facebook Google, Joe Simons


FTC Orders Five Big Tech Companies to Disclose Details on Smaller Acquisitions

As part of its antitrust probe into large technology firms, the Federal Trade Commission announced that it ordered five companies — Apple, Amazon, Alphabet (parent company of Google), Facebook and Microsoft — to furnish detailed information about acquisitions they were not previously required to report to U.S. antitrust regulators. The FTC said it issued the […]
Tags: Apple, Google, Amazon, Facebook, News, Microsoft, Federal Trade Commission, Ftc, Google Facebook, Apple Amazon Alphabet


The FTC is looking into past acquisitions by Amazon, Apple, Facebook, Microsoft, and Google-parent Alphabet as it ramps up antitrust inquiries (AMZN, GOOG, GOOGL, FB, AAPL, MSFT)

The Federal Trade Commission asked Amazon, Apple, Facebook, Microsoft, and Google's parent company for information on past acquisitions, it said in a press release Tuesday. The FTC sent letters asking about "potentially anticompetitive acquisitions" the companies had made over the past decade but not yet reported to the agency. The inquiry comes amid numerous other antitrust investigations into the tech industry in both the US and Europe. Visit Business Insider's homepage for more stories. Th...
Tags: Google, Facebook, Europe, US, Trends, Commission, Amazon Web Services, Federal Trade Commission, Ftc, Apple Amazon Facebook Microsoft, Amazon Apple Facebook Microsoft, Joseph Simons


FTC orders Alphabet, Amazon, Apple, Facebook and Microsoft to provide details on prior acquisitions of small companies

The Federal Trade Commission today ordered five big tech companies to provide detailed information about their previous acquisitions of small companies, expanding the agency's investigation into possible antitrust concerns in digital markets. Looks like Alphabet (Google), Amazon, Apple, Facebook and Microsoft are in the regulatory hot seat this year. Maybe there's antitrust action in the works, who knows. Wow, the FTC is asking Alphabet / Google, Amazon, Apple, Facebook and Microsoft for ...
Tags: Google, Post, Business, Politics, Technology, News, Microsoft, Law, Tech, Commission, Antitrust, Federal Trade Commission, Ftc, YouTube Facebook, David Ingram, CNBC NBC News


FTC to examine every acquisition by Alphabet, Amazon, Apple, Facebook and Microsoft in 2010-2019 over antitrust issues

Companies like Apple, Amazon and Google do not always disclose every acquisition they make, especially when the companies in question are little fish in the tech big pond, but in aggregate, all that M&A could pose bigger questions about how they are using their financial power and market influence in anticompetitive ways. That idea is the subject of the latest announcement from the US’s Federal Trade Commission, which today issued Special Orders to five big tech firms — Alphabet (including Googl...
Tags: Apple, Google, TC, Microsoft, US, Tech, Commission, Federal Trade Commission, Ftc, Apple Amazon, Alphabet Amazon Apple Facebook, Joe Simons, Google Amazon com Apple Facebook


Qualcomm faces fresh competition scrutiny in Europe over RFFE chips for 5G

Qualcomm is facing fresh antitrust scrutiny from the European Commission, with the regulator raising questions about radio frequency front-end (RFFE) chips which can be used in 5G devices. The chipmaker has been expanding into selling RFFE chips for 5G devices, per Reuters, encouraging buyers of its 5G modems to also buy its radio frequency front-end chips, rather than buying from other vendors and integrating their hardware with its 5G modem chips. A European Commission spokeswomen confir...
Tags: Apple, TC, Mobile, Europe, Hardware, Tech, Eu, European Union, Smartphones, Telecommunications, Commission, European Commission, Antitrust, EC, Qualcomm, 5g


YouTube to invest $100M in kids’ content that showcases character strengths, like compassion and curiosity

YouTube in September announced a $100 million fund to invest in new children’s video content, following its $170 million settlement with the FTC over children’s privacy law violations. The fund was meant to help soften the blow for children’s content creators on YouTube, who are being financially impacted by the changes the FTC required of their channels. Now we have the first bit of insight into what sort of content YouTube plans to back with the fund’s resources. According to a report by Bloom...
Tags: Google, Video, Kids, Families, Media, Children, Youtube, Disney, Tech, Youtube Kids, Ftc, Ryan, Bloomberg YouTube, Ryan ToysReview, Ryan Kaji, Kids Content Fund


Facebook will pay $550 million to settle class action lawsuit over privacy violations

Facebook will pay over half a billion dollars to settle a class action lawsuit that alleged systematic violation of an Illinois consumer privacy law. The settlement amount is large indeed, but a small fraction of the $35 billion maximum the company could have faced. Class members — basically Illinois Facebook users from mid-2011 to mid-2015 — may expect as much as $200 each, but that depends on several factors. If you’re one of them you should receive some notification once the settlement is ...
Tags: Facebook, California, Tech, Illinois, Ftc, 9th U S Circuit Court of Appeals, Google Facebook, Edelson PC, Edelson, Jay Edelson, Illinois Chamber of Commerce, BIPA, Illinois Facebook, Facebook FTC


Facebook hits 2.5B users in Q4 but shares sink from slow profits

Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price. Facebook reached 2.5 billion monthly users, up 2%, from 2.45 billion in Q3 2019 when it grew 1.65%, and it now has 1.66 billion daily active users, up 2.4% from 1.62 billion last quarter when it grew 2%. Facebook brought in $21.08 billion in revenue, up 25% year-over-year, with $2.56 in earnings per share. But net income was just $7.3 billion, up only 7% year-over-year compared to 61% growth over 2018...
Tags: Social, TC, Mobile, Facebook, Apps, Mark Zuckerberg, Instagram, Advertising Tech, US, Tech, Canada, Earnings, Capitol Hill, Ftc, Zuckerberg, Zack


6 fast ways to protect your computer from scammers, according to the FTC

In the first half of 2019, there were an estimated 3,800 data breaches that exposed over 4.1 billion financial, healthcare, and government records.According to cybersecurity experts, there is no such thing as a 100% safe internet. Fortunately, there are ways to make it harder for scammers and hackers to steal your information.VPNs, better password practices, and knowing how to spot a non-encrypted website are a few of the ways that internet users can protect themselves. If you're reading this...
Tags: Google, Privacy, Internet, Passwords, Germany, Scams, Data Breach, Hacking, Innovation, Romania, Vpn, Internet Safety, Symantec, Ftc, Norton


Kidtech startup SuperAwesome raises $17M, with strategic investment from Microsoft’s M12 venture fund

Kidtech startup SuperAwesome has raised an additional $17 million in funding, which includes a new strategic investment from Microsoft’s venture fund, M12. Others participating in the round include existing investors, Mayfair Equity, Hoxton Ventures, and Ibis, along with other angels. To date, SuperAwesome has raised $37 million in outside investment. SuperAwesome has been tapping into the need for more kid-friendly technology on the web that’s now used just as much by younger children as it ...
Tags: Microsoft, India, Tech, Collins, Ftc, Dylan, China Brazil, Kashyap, Dylan Collins, Kidtech, Mayfair Equity Hoxton Ventures, Moose Toys WPP Omnicom Dentsu Niantic Wildworks, Nagraj Kashyap Microsoft


Google made a big change to search results that makes it harder to distinguish ads from regular results, and people are calling Google out for it (GOOG, GOOGL)

Google rolled out a new look for search results on desktop last week, but the changes have sparked backlash. Critics are saying the update makes it nearly impossible to tell ads apart from organic search results. Some observers wondered whether Google was trying to intentionally steer users to click on ads through a practice known as "dark pattern" design. This isn't the first time Google has faced criticism over the design of its ads. Visit Business Insider's homepage for more stories. Las...
Tags: Apple, Google, Trends, Airbnb, Wall Street Journal, Federal Trade Commission, Ftc, Digiday, Search Engine Land, Craig Mod, Ginny Marvin, Alex Hearn, Brooke Osmundson, NordicClick, Rolph Winkle


Instagram tests Direct Messaging on web where encryption fails

Instagram will finally let you chat from your web browser, but the launch contradicts Facebook’s plan for end-to-end encryption in all its messaging apps. Today Instagram began testing Direct Messages on the web for a small percentage of users around the globe, a year after TechCrunch reported it was testing web DMs. When fully rolled out, Instagram tells us its website users will be able to see when they’ve received new DMs, view their whole inbox, start new message threads or group chats, s...
Tags: Google, Security, Social, TC, Facebook, Apps, Instagram, Tech, End-to-end Encryption, Facebook Messenger, Instagram Direct, Ftc, Facebook Instagram, Stamos, Alex Stamos, Facebook Messenger WhatsApp


You’ve got a privacy problem, FTC commissioner tells Apple and Facebook

Privacy today is untenable, argues Rebecca Slaughter, a commissioner with the Federal Trade Commission. That statment was something of a slap in the face to the other folks on a panel at CES 2020: Privacy execs from both Facebook and Apple.
Tags: Apple, Facebook, News, Trends, Federal Trade Commission, Ftc, Rebecca Slaughter, CES 2020


Top Internet Law Developments of 2019

It’s increasingly hard to find good news in Internet law, so I organized this year’s Internet Law roundup by categories of doom. Trigger warning: you should grab some tissues before proceeding. Doomed (in a Bad Way) Doomed: User-Generated Content. It has become political orthodoxy to oppose Section 230. Multiple presidential candidates expressly targeted Section 230 in their campaign platforms. Speaker Pelosi called Section 230 a “gift” (it’s true—Section 230 has been a gift to all Americans). ...
Tags: Google, Amazon, Facebook, Twitter, UK, New York, Law, Congress, California, Youtube, Ebay, Linkedin, E-commerce, Copyright, United States, Fan



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