Tue. 07/16 - Who Put The Politics In My Tech?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 16 July 2019

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Facebook explains Libra to Congress, Amazon might be next in the EU’s woodshed, Google might be next in Trump’s woodshed, another Tesla lineup shakeup, a couple of interesting raises and Microsoft opens Windows up to all your digital assistants. Sponsors: SVB.com/next Firesideconf.com/ride Links: Senators aren’t sold on Facebook’s Libra project (The Verge) Highlights from Facebook's Libra Senate hearing (TechCrunch) Facebook Cryptocurrency Plans Have a Problem: Facebook’s Reputation (NYTimes) Amazon in EU Crosshairs as Vestager Fights Big Tech to the End (Bloomberg) Trump threatens to ‘take a look’ at Google for China ties (Washington Post) Silicon Valley’s Right Wing Is Angry And Punching Back (BuzzFeed News) Tesla updates pricing and options across lineup, discontinues several variants (Electrek) Newsletter platform Substack raises $15.3M round led by a16z (TechCrunch) Patreon raises $60M Series D, targets international growth and more customization (TechCrunch) Subscribe to the ad-free feed! Order up your own podcast classified! Podcast Classifieds: Are you a podcaster looking for an easy and affordable way to upload and share your podcast that doesn’t take a lot of time? Are you a church or ministry looking to share sermons or other content with your followers? JustCast turns your Dropbox into podcast hosting and is the easiest way to share to the web and iTunes. With hosting solutions starting at no cost and with other very affordable hosting tiers, JustCast is here for you. JustCast takes the hosting headaches away and gives you the ability to spend more time focusing on creating and perfecting your content. It’s the simplest way to create RSS feed for your podcast. JustCast is one of those technologies that will change your life. You’ll never remember what you did before JustCast! Check it out at www.justcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Mem Ride Home for Tuesday, July 16th, 2019. I'm Brian McCullough today.
0:10.0	Facebook explains Libra to Congress.
0:12.6	Amazon might be next in the EU's wood shed.
0:15.0	Google might be next in Trump's crosshairs.
0:17.8	Another Tesla lineup shakeup, a couple of interesting raises,
0:21.4	and Microsoft opens windows up to all of your digital assistance.
0:25.0	Here's what you miss today in the world of tech. Tech's big week of congressional scrutiny kicked off today with Facebook's head of
0:36.8	blockchain projects, David Marcus, appearing before the Senate Banking Committee to discuss
0:42.2	Facebook's Libra cryptocurrency project.
0:46.5	Let's start with a big picture take on what happened and then we'll zero in.
0:51.2	There was a lot of back and forth a lot of questions about things like is this
0:56.8	safe for the global economy what about things like money laundering but overall
1:01.8	the hearing today was much more, I don't know, intelligent than we're used to when
1:08.2	tech execs are hauled before Congress.
1:10.2	Marcus seemed smart and forthcoming, but also the senators were, again I'm looking for a word here,
1:17.5	sharper than they tend to be when they're talking to tech executives. This was Casey Newton's take.
1:25.0	Overall, the hearing was surprisingly coherent.
1:28.0	Many senators showed strong base knowledge of how Libra worked and asked the right questions.
1:34.7	Marcus was generally forthcoming beyond the topics of how much Facebook had invested in the
1:40.2	Libra project and what data it will glean from transactions atop its social network."
1:45.8	End quote.
1:47.6	Friend of the Pod, Matt Stoller tweeted this.
	...

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