Wall Street Journal

Silicon Valley Vs. Wall Street: Can the New Long-Term Stock Exchange Disrupt Capitalism?

Location:
Silicon Valley, Palo Alto, CA, United States

Silicon Valley’s high-tech denizens complain the public stock markets are marred by a narrow focus on short-term earnings and profits. Now they are actually doing something about it, by launching a new framework for corporate governance, investing and trading called the Long-Term Stock Exchange.

Russia Has Turned Kaspersky Software Into Tool for Spying

Location:
Kaspersky Lab HQ, 39 A/3 Leningradskoe Shosse, Moscow, Russia

The Russian government used a popular antivirus software to secretly scan computers around the world for classified US government documents and top-secret information, modifying the program to turn it into an espionage tool, apparently.

Facebook Cut Russia Out of April Report on Election Influence

Location:
Facebook (new HQ), 1601 Willow Road, Menlo Park, CA, United States

Facebook cut references to Russia from a public report in April about manipulation of its platform around the presidential election because of concerns among the company’s lawyers and members of its policy team, apparently.

Russian Hackers Stole NSA Data on U.S. Cyber Defense

Location:
National Security Agency (NSA), MD, 20755-6000, United States

Apparently, hackers working for the Russian government stole details of how the US penetrates foreign computer networks and defends against cyberattacks after a National Security Agency contractor removed the highly classified material and put it on his home computer.

YouTube Tweaks Search Results as Las Vegas Conspiracy Theories Rise to Top

Location:
YouTube, 901 Cherry Ave, San Bruno, CA, 94066, United States

YouTube recently surfaced videos peddling misinformation, hateful messages and conspiracy theories to users searching about mainstream news events—problems that caused the site to change its search results to promote more authoritative sources.

Russia Targets NATO Soldier Smartphones, Western Officials Say

Location:
North Atlantic Treaty Organization (NATO), Blvd Leopold III, Brussels, 1110, Belgium

Russia has opened a new battlefront with North Atlantic Treaty Organization (NATO), according to Western military officials, by exploiting a point of vulnerability for almost all allied soldiers: their personal smartphones.

How Politics Stalls Wireless Innovation

Location:
Clemson University, Clemson, SC, 29634, United States

The Federal Communications Commission’s L Band is made up of frequencies prime for cellular services but largely walled off for satellite links.

Google Rolls Out Search, Shopping Ad Changes In Europe

Location:
Europe

Google has started overhauling millions of search results in Europe—and neither the search giant nor its detractors are happy about it.

Google Offers to Auction Off Shopping Ad Spaces to Rivals in Response to EU

Location:
Google, 1600 Amphitheatre Parkway, Mountain View, CA, 94043, United States

Apparently, Alphabet’s Google has proposed overhauling its shopping search results so that rivals can bid for space to display products for sale, as part of the company's efforts to comply with the European Union’s antitrust order.

President Trump Blocks China-Backed Fund from Buying US Chip Maker Lattice

Location:
The White House, 1600 Pennsylvania Avenue NW, Washington, DC, 20500, United States

President Donald Trump blocked a Beijing-backed fund’s attempt to buy an American chip maker, signaling his administration will closely scrutinize Chinese investment in semiconductor technology.

Google Offers Olive Branch to Publishers by Relaxing Policy on Subscription Sites

Location:
Google, 1600 Amphitheatre Parkway, Mountain View, CA, 94043, United States

Google is planning to end its “first click free” policy that enables users of its search engine to bypass paywalls on news websites, a move that could help publishers boost subscriptions.

US Wireless Industry Is Finally Competitive, FCC Says

Location:
Federal Communications Commission (FCC), 445 12th Street SW, Washington, DC, 20554, United States

For the first time since 2009, the Federal Communications Commission has concluded there is “effective competition” in the US wireless market.

Uber Faces FBI Probe Over Program Targeting Rival Lyft

Location:
Federal Bureau of Investigation (FBI), 935 Pennsylvania Avenue, NW J. Edgar Hoover Building, Washington, DC, 20535-0001, United States

Apparently, federal law-enforcement authorities in New York are investigating whether Uber Technologies Inc. used software to interfere illegally with its competitors, adding to legal pressures facing the embattled ride-hailing company and its new chief executive.

Twitter Is Expected to Brief Senate Panel on Activity by Russians

Location:
Twitter (new home), 1355 Market Street, San Francisco, CA, 94103, United States

Senate Intelligence Committee Vice Chairman Mark Warner (D-WV) said that he expects Twitter to brief the panel soon on any Russian activity on its social-media platform during the campaign.

Verizon Wants to Build an Advertising Juggernaut. It Needs Your Data First

Location:
Verizon Communications, 140 West St, New York, NY, 10007, United States

A new Verizon rewards program, Verizon Up, provides credits that wireless subscribers can use for concert tickets, movie premieres and phone upgrades. But it comes with a catch: Customers must give the carrier access to their web-browsing history, app usage and location data, which Verizon says it uses to personalize the rewards and deliver targeted advertising as its customers browse the web.

How the FCC Redefined the Internet

Location:
Internet Innovation Alliance, Washington, DC, 20036, United States

Is broadband internet an “information service,” as concluded repeatedly over two decades by Democratic and Republican commissioners, or a “telecommunications service” as a partisan majority decreed two years ago? This is a distinction with a profound legal difference under the Telecommunications Act of 1996.

Apple Spars With Movie Studios Over Pricing Ahead of Apple TV Rollout

Location:
Apple, 1 Infinite Loop, Cupertino, CA, 95014, United States

Apple is scrambling to strike deals with Hollywood studios to offer ultrahigh-definition films on its new Apple TV, but discussions have been hampered by disagreements over pricing, apparently.

Cell Networks Suffer Outages in Harvey’s Wake

Location:
Rockport, TX, United States

Wireless networks along the Texas coast suffered outages as a result of Hurricane Harvey, federal regulators said, leaving customers in some counties with limited or no cellphone service.

Wall Street Journal Editor Admonishes Reporters Over Trump Coverage

Location:
Wall Street Journal, 1211 Avenue of the Americas, New York, NY, 10036, United States

Gerard Baker, the editor in chief of The Wall Street Journal, has faced unease and frustration in his newsroom over his stewardship of the newspaper’s coverage of President Donald Trump, which some journalists there say has lacked toughness and verve.

Univision Says Lawsuit Over Deadspin Story Intended to Scare Journalists

Location:
Univision Communications, 605 Third Avenue, New York, NY, 10158, United States

A division of Univision Communications has sought to quickly defeat a defamation lawsuit brought over an article published on the sports website Deadspin, saying the complaint is intended to intimidate journalists.

AT&T-Time Warner Deal, an Early Trump Target, Reaches Advanced Stage

Location:
Department of Justice, 950 Pennsylvania Avenue, NW, Washington, DC, 20530-0001, United States

Apparently, the government review of AT&T’s $85 billion takeover of Time Warner has reached an advanced stage, people close to the situation said, a significant milestone in a deal that was closely watched for signs of how the Trump administration would view large mergers.

Facebook’s Onavo Gives Social-Media Firm Inside Peek at Rivals’ Users

Location:
Facebook (new HQ), 1601 Willow Road, Menlo Park, CA, United States

Months before social-media company Snap publicly disclosed slowing user growth, rival Facebook already knew.

Why I Was Fired by Google

Location:
Google, 1600 Amphitheatre Parkway, Mountain View, CA, 94043, United States

I was fired by Google Aug 7 for a document that I wrote and circulated internally raising questions about cultural taboos and how they cloud our thinking about gender diversity at the company and in the wider tech sector.

The New Copycats: How Facebook Squashes Competition From Startups

Location:
Facebook (new HQ), 1601 Willow Road, Menlo Park, CA, United States

Tech startups live by the rule that speed is paramount. Houseparty, creator of a hot video app, has an extra reason for urgency. Facebook, a dominant force in Silicon Valley, is stalking the company, part of the social network’s aggressive mimicking of smaller rivals.

The End of Typing: The Next Billion Mobile Users Will Rely on Video and Voice

Location:
USA, United States

The internet’s global expansion is entering a new phase, and it looks decidedly unlike the last one. Instead of typing searches and e-mails, a wave of newcomers—“the next billion,” the tech industry calls them—is avoiding text, using voice activation and communicating with images.

Special Counsel Robert Mueller Impanels Washington Grand Jury in Russia Probe

Location:
Washington, DC, United States

Apparently, Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate Russia’s interference in the 2016 elections, a sign that his inquiry is growing in intensity and entering a new phase.

Facebook Drowns Out Fake News With More Information

Location:
Facebook (new HQ), 1601 Willow Road, Menlo Park, CA, United States

Facebook is fighting misinformation with more information.

Antitrust Nominee Makan Delrahim Assured Senator Blumenthal He Wasn’t Lobbied by White House on AT&T Deal

Location:
US Capitol, East Capitol Street, NE and 1st Street, NE, DC, 20515, United States

President Donald Trump’s nominee to lead antitrust enforcement at the Justice Department recently agreed to tell lawmakers if the White House tries to improperly influence any decision he makes on whether to allow AT&T’s $85 billion acquisition of Time Warner. The commitment came in a meeting between the nominee, Makan Delrahim, and Sen. Richard Blumenthal (D-CT), who wrote a July 24 letter memorializing the discussion.

Discovery Communications Agrees to Buy Scripps Networks

Location:
Discovery Communications, One Discovery Place, Silver Spring, MD, 20910, United States

Discovery Communications has agreed to acquire Scripps Networks Interactive for $11.9 billion, combining two powerhouses of nonfiction television programming at a time of major upheaval in the cable-TV business. The tie-up is a bet that bigger is better as the television industry is upended by cord-cutting and the rise of “skinny” online TV bundles from the likes of Hulu, YouTube, Sling TV and others.

Univision Draws Interest From Potential Bidders Amid IPO Delays

Location:
Univision Communications, 605 Third Avenue, New York, NY, 10158, United States

Apparently, Univision Communications, the owner of the dominant Spanish-language broadcaster in the US, has been fielding interest from potential bidders after the media company’s initial public offering was delayed.