President Donald Trump speaks during an event about the census in the Rose Garden at the White House in Washington, Thursday, July 11, 2019. (AP Photo/Carolyn Kaster)

Good morning! This is the tech news you need to know this Friday.

Trump accused Twitter and Facebook of censoring him and conservative commentators during a bizarre “social-media summit.” President Trump led a freewheeling press conference following the White House’s first social-media summit on Thursday.
Trump blasted Bitcoin and said cryptocurrencies, including Facebook’s Libra, should be “subject to all banking regulations.” Trump joined politicians from both sides of the aisle in expressing skepticism about Facebook’s ambitions with Libra.
Amazon Web Services employees circulated an internal letter demanding that Amazon stop working with big data company Palantir and that it take a stand against Immigration and Customs Enforcement (ICE). Palantir runs its software on Amazon’s cloud, and has a $51 million contract with ICE.
President Trump is on course for a new trade war with France over its plans to hit US tech firms with giant new taxes. Trump is worried that France’s new digital-services tax, which would place a 3% levy on the French revenue of firms like Amazon, unfairly targets US companies.
Shaquille O’Neal says he “quadrupled” his net worth after adopting an investment strategy he learned from Jeff Bezos. O’Neal’s personal investments include a 1999 investment in Google …read more

Source:: Businessinsider – Technology


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