YouTube CEO Susan Wojcicki apologized Monday to members of the LGBTQ community who were offended by the company's response to antigay comments by Steven Crowder aimed at Vox journalist Carlos Maza. At the same time, she defended the company's handling of the issue.
Why it matters: YouTube has been under fire for a variety of issues, including the spread of hate and misinformation and enabling of child predators.
A bipartisan consensus has emerged that antitrust law is antiquated, written for an analog world of railroad and tobacco giants. The market no longer knows best, but there is not yet consensus on what should come next.
The big picture: Today's antitrust law focuses almost exclusively on the short-term welfare of consumers, in terms of price and product competition. In other words, a merger is problematic — in the broadest terms — if it leads to higher prices or otherwise hurts consumers by severely limiting their choices.
Microsoft used its E3 press conference to unveil the first details on Project Scarlett, the successor to the Xbox One that is due out next year.
Details: The console will feature 8K video support and be up to four times as powerful as the current Xbox One X. And it will support games written for earlier Xbox consoles.
FedEx announced last week it would not renew its contract to provide express shipping service for Amazon in the U.S., passing up on $850 million in annual revenue.
Why you'll hear about this again: As Amazon muscles into FedEx's turf on shipping — with its online trucking platform already undercutting the the industry's big players' average shipping rates by up to 33%, according to FreightWaves — the shipping giant sent a signal that it was getting behind Amazon's biggest rivals.
Salesforce on Monday announced it will acquire data analytics company Tableau Software for $15.7 billion in stock.
The bottom line: This is about deepening customer engagement via data analytics in the cloud, much like what we saw last week when Google paid $2.6 billion to buy Looker.
Fiat Chrysler Automobiles and Aurora will be teaming up to develop self-driving commercial vehicles, according to statements released by the companies.
Why it matters: Commercial vehicles are likely the first major target of autonomous vehicle developers due to the potential for autonomous deliveries. FCA CEO Mike Manley wrote in a statement that "Aurora brings a unique skillset combined with advanced and purposeful technology that complements and enhances [FCA's] approach to self-driving.”
President Trump on Sunday evening retweeted a claim from user @TheRightMelissa that Big Tech companies like Twitter are "colluding with Democrats" to censor conservative content, which she alleged amounts to "fascism."
"For the few conservatives they have left on, twitter is engaged in shadow banning of conservative content. For example twitter has made it such that my followers will not see my tweets in trending topics. Big Tech is colluding with Democrats to shut down opposition. Fascism"
Google CEO Sundar Pichai said in an interview with "Axios on HBO" that YouTube is improving, but acknowledged the video service doesn't ensure the overall quality users have come to expect from its search and other services.
Why it matters: YouTube is probably the toughest issue facing Google right now, amid allegations it is fostering hate, enabling pedophiles and spreading misinformation.