Monday's technology stories

Clubhouse teams up with Stripe for payments feature

Illustration: Sarah Grillo/Axios

Clubhouse is rolling out the ability to send payments directly to other users, partnering with digital payment company Stripe to facilitate the feature.

Why it matters: Clubhouse has touted plans to help conversation hosts generate revenue on the app amid a growing push for creators of digital and social media content be better compensated. Hosts receiving money will get to keep the entire amount for now.

Ina Fried, author of Login
Updated Apr 5, 2021 - Technology

ACLU says it shares user data with Facebook, a frequent target of criticism

Facebook CEO Mark Zuckerberg testifying to a House panel. Photo: Daniel Acker/Bloomberg via Getty Images

The American Civil Liberties Union is raising eyebrows after updating its privacy policy to note that it is sharing data with Facebook, one of the companies whose policies it often criticizes.

Why it matters: The move shows that even many organizations that don't like Facebook nonetheless find it an effective way to reach people online.

Apr 5, 2021 - Technology

Supreme Court sides with Google in long-running copyright dispute with Oracle

Illustration: Annelise Capossela/Axios

The Supreme Court handed Google a major victory on Monday, marking an end to a bitter battle between two tech giants over the use of software and copyrights.

Driving the news: The Supreme Court ruled 6-2 Monday in favor of Google in its long-running copyright dispute with Oracle.

Supreme Court vacates lower court decision on Trump blocking Twitter followers

Photo: Rafael Henrique/SOPA Images/LightRocket via Getty Images

The Supreme Court vacated a lower court ruling that found former President Trump violated the First Amendment by blocking followers on Twitter, ordering the case to be dismissed as moot now that he is no longer in office.

Between the lines: Though the Supreme Court did not rule on the merits of the case, Justice Clarence Thomas wrote in a concurring opinion that the "unprecedented" amount of control that Twitter and other digital platforms have over speech must be addressed in the future.

Cleo Capital adds new partner with second fund

Illustration: Annelise Capossela/Axios

Cleo Capital is raising $20 million for its second venture capital fund and has added Earn.com co-founder Matt Pauker as a second general partner, Axios has learned. It just held a $6.7 million first close, per an SEC filing.

Why it matters: Cleo is one of a (still) small number of Black-led VC firms, and an even smaller number to raise more than a first fund.

Apr 5, 2021 - Technology

Big Tech's big D.C threat: the FTC

Illustration: Sarah Grillo/Axios

While antitrust lawsuits and Capitol Hill hearings get headlines, Big Tech's biggest threat in Washington may come from the Federal Trade Commission.

Why it matters: The FTC is gearing up to flex its muscle, by both enforcing current rules and trying to draft new ones. And it may be able do so relatively quickly.

Ina Fried, author of Login
Apr 5, 2021 - Technology

LG is getting out of the mobile phone business

The dual-screen Wing was one of LG's latest efforts to win back business in phones. Photo: LG

After years of trying to turn its fortunes around, Korea's LG said it would exit the mobile phone business globally.

Between the lines: The phone business is a hard one to make profitable for all but the largest players. LG was once one of those, but hasn't been for many years, and had no clear path to change that.