Samsung said Monday it plans to debut five new devices at its Unpacked event next month.
Why it matters: Samsung remains the main rival to Apple in the high end of the mobile market, but the pandemic may leave fewer people with either the budget or the appetite for a fancy new mobile device.
Facebook CEO Mark Zuckerberg, under fire for allowing President Trump to post inflammatory statements on his platform, tells Axios there's no truth to whispers that the two have a secret understanding.
Why it matters: Zuckerberg, facing a growing ad boycott from brands that say Facebook hasn't done enough to curtail hate speech, has become increasingly public in criticizing Trump. "I’ve heard this speculation, too, so let me be clear: There's no deal of any kind," Zuckerberg told Axios. "Actually, the whole idea of a deal is pretty ridiculous."
A low-key conflict inside the Federal Trade Commission has strengthened the likelihood the agency will toughen its stance with Facebook.
The big picture: As the Federal Trade Commission struggles to adapt its antitrust rules for the era of Big Tech, two units of the agency have squared off over how to apply older, price-based competition standards to a market full of free products.
Snapchat is launching in in-app meditation experience with Headspace, a meditation app often used to help mitigate stress and anxiety. The feature will include expert resources related to emotional and physical well being for users during the pandemic and beyond.
Why it matters: Snapchat's core user base is under 30 years old, and many are coping with missing out on school, sports and socialization thanks to COVID-19.
