Situational awareness: Google is buying analytics firm Looker for $2.6 billion in cash. This is the first big deal under new Google Cloud boss Thomas Kurian and Google's biggest acquisition since Nest in 2014.
Today's Login has 1,354 words, only one of which is "wowsers."
Illustration: Lazaro Gamio/Axios
YouTube found itself the center of discussion around hate speech Wednesday, but not in the way it had hoped.
Driving the news: The company had long ago picked the date to announce a range of new policies aimed at limiting the presence and spread of hate speech on its platform.
The timeline: On Tuesday, YouTube said that, after a days-long investigation, it decided not to take action against Crowder, who has 3.8 million subscribers.
Between the lines: Criticism of YouTube was widespread, coming from within Google and YouTube, plus from outside on both the left and the right.
Our thought bubble: Although they are making opposing arguments, both sides are actually pointing at the same problem: YouTube's rules for taking down videos and "demonetizing" creators still appear to be vague and unevenly enforced.
What they're saying:
"Not everyone will agree with the calls we make — some will say we haven’t done enough; others will say we’ve gone too far."
"And, sometimes, a decision to leave an offensive video on the site will look like us defending people who have used their platforms and audiences to bully, demean, marginalize or ignore others."— YouTube's Chris Dale
The lawsuit that the U.S. Securities and Exchange Commission filed Tuesday against chat app Kik over its sale of digital tokens also has potential implications for the cryptocurrency Facebook is said to be quietly developing, Axios' Kia Kokalitcheva reports.
The big picture: Facebook and Kik are social media companies that want to develop their own digital tokens for user transactions — but they have seemingly contrasting approaches to implementing the new tech that could put them in very different positions with regulators.
Driving the news: New details about Facebook’s cryptocurrency plans emerged on Wednesday in a report from The Information. Some noticeable differences...
Similarly to Kik, Facebook is setting up a separate foundation to oversee the digital token and contribute capital and has reportedly been courting dozens of organizations to join.
The bottom line: After the SEC's Kik lawsuit, Facebook will move with even more caution to make sure its token is compliant with regulations.
NBA is testing alternate video feeds, such as this "coach's view" in the international version of League Pass. Photo: Ina Fried/Axios
Thanks to the success of the Golden State Warriors, I've been able to attend the NBA Finals the past several years to check out the latest and greatest tech trend or gimmick.
Background: Over the years I've seen everything from 360-degree replays to Facebook Messenger bots. Virtual reality has been a frequent area of interest, but it was less so this year. (There's no live broadcast, but NextVR is doing next-day highlights.)
What's new: Instead, most of the league's tech experiments were focused on online and social media.
Between the lines: These are all admittedly experiments to see what sticks, NBA VP of emerging technologies Scott Stanchak tells Axios. The goal is to keep fans engaged and not moving on to the next app or notification.
Tech execs were well represented as well. I bumped into Salesforce founder Marc Benioff courtside before the game, while also said to be in attendance were Rakuten CEO Hiroshi “Mickey” Mikitani, Hewlett Packard Enterprise President Keerti Melkote and Uber CMO Rebecca Messina.
AT&T and T-Mobile committed to spend a combined $1.8 billion in an auction for the high-frequency spectrum needed to deliver some of the fastest 5G speeds, per Ars Technica.
Why it matters: Spectrum is the foundation of any cellular network and delivering 5G requires higher frequency bandwidth than many carriers have in their possession.
The Queen of England really is playing three dimensional chess.