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10 things in tech you need to know today

QAnon Trump
A Donald Trump supporter holding a QAnon flag visits Mount Rushmore National Monument on July 01, 2020 in Keystone, South Dakota. President Donald Trump is expected to visit the monument and speak before the start of a fireworks display on July 3.

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  1. Facebook says it will ban all political ads indefinitely after the election. The social network is under pressure to counteract misinformation on its platform.
  2. Big Tech came out swinging against the House antitrust report. All argued against the idea they were monopolies.
  3. Etsy will remove all QAnon-related merchandise from its platform. Etsy’s now-deleted QAnon content included shirts, bumper stickers, and jewelry.
  4. YouTube is one of the last big platforms hosting QAnon content. The site has long been a hub for the movement, where believers promote their theories to tens of thousands of viewers on YouTube channels. 
  5. PayPal shut down an account used by conspiracy theory group ‘The Mirror Project’. However, the project’s videos remain live on YouTube.
  6. Clearbanc, an alternative to venture capital, is headed to Europe. The lender has a £500 million fund targeted at UK retail startups.
  7. An ad targeting Facebook CEO Mark Zuckerberg was expected to run during Wednesday’s presidential debate. The ad was set to slam Zuckerberg’s handling of misinformation.
  8. Tesla said it caught a worker in the act of malicious sabotage. Tesla alleged in a company email that the unnamed worker was eventually caught trying to cover his tracks and admitted his scheme to company investigators.
  9. The Supreme Court heard arguments in the Oracle vs. Google legal battle on Wednesday. Experts said it was hard to predict who would come out on top, but some said the court seemed to be leaning towards Oracle.
  10. The Trump administration has made further restrictions to its H-1B visa programme. American firms will have to pay higher salaries for workers enrolled in the programme.

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Read the original article on Business Insider

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