Wed. 07/24 - Is Media Piracy Coming Back?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 24 July 2019

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

The FTC comes down on Facebook, but is the new DOJ probe really what Silicon Valley should worry about? Cruise won’t be self-driving taxis in San Francisco this year, Snap really seems to be on the rebound, and is media piracy poised for a major comeback? Sponsors: PixelUnion.net SVB.com/next Links: U.S. government issues stunning rebuke, historic $5 billion fine against Facebook for repeated privacy violations (The Washington Post) Google launches Gallery Go, a lightweight alternative to Google Photos (The Verge) GM’s Cruise delays driverless taxi service, plans to build country’s largest EV fast charger station (Venture Beat) Snap shares surge as results smash estimates (CNBC) DoorDash CEO announces that now your tips will go to delivery workers (Engadget) PLEX MAKES PIRACY JUST ANOTHER STREAMING SERVICE (The Verge) CLASSIFIED AD: Here's something new for the RideHome audience. Attention investors, those thinking about investing and those long interested in the music business. A tightly held start-up in the Music Publishing space is looking for some investor love. Rocket Songs is changing the way musicians across the globe get their hands on professionally written songs. With songwriters that have written for: • Chris Stapleton • Beyonce • Kings of Leon • top K-Pop acts • And many others! Up until now songs from these songwriters have been in a vault (literal and figurative) at Music Publishing Houses. But we're making them available in a state-of-the art marketplace. We are live. We are converting users and making money. But we need Seed Round money and we're not friends with any top VC or angel investors. So, if you want... to help disrupt the multi-billion dollar publishing industry, to help a start-up with a proven business model. Reach out! Email: InvestIn@RocketSongs.com and check out RocketSongs.com. But also, for serious investment inquiries: InvestIn@RocketSongs.com. Link in the show notes. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Meme Right Home for Wednesday, July 24th, 2019. I'm Brian McCullough.
0:08.6	Today the FTC finally comes down on Facebook, but is the new DOJ probe really what Silicon Valley should worry about?
0:16.0	Cruz won't be self-driving taxis in San Francisco this year.
0:19.2	Snap really seems to be on the rebound and is media piracy poised for a major
0:23.9	comeback. Here's what you miss today in the world of tech.
0:29.2	We have to begin today with news that is not really news to you because if you listen to the show regularly
0:37.8	You knew that this was coming but the FTC finally officially announced its $5 billion fine against Facebook for repeated
0:46.7	privacy violations as a part of a settlement that requires federal oversight of Facebook's business practices going forward.
0:55.6	This is of course the largest fine ever imposed by the FTC, but its pocket change to Facebook.
1:01.9	Blah blah blah, we've already litigated that.
1:05.1	So let's focus real quick on that oversight part, quote, the new settlement requires
1:09.8	Facebook to establish a special independent committee within its board of directors to
1:14.0	oversee privacy.
1:15.6	Compliance officers approved by the board must keep watch over the tech giant's approach to
1:19.6	data and those officials along with Mark Zuckerberg himself, must attest quarterly to the FTC that they are complying with the settlement or face civil or criminal penalties, agency officials said.
1:31.0	Meanwhile, a third party organization will be tasked with
1:34.2	reviewing Facebook's data collection practices and those of its other
1:37.9	services, Instagram and WhatsApp, over the next 20 years and Facebook itself must do more to keep watch over third-party apps
1:45.5	while reporting even small security incidents to the FTC."
1:48.6	End quote.
1:49.8	But, and I'm quoting from the Washington Post here, but even within the FTC,
1:57.0	serious concerns emerged Wednesday that the punishments the government secured,
	...

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