🤨 The Regulators of Facebook, Google and Amazon also invest in the companies' Stocks

Plus: Musk Investigated by US Authorities Over Deal, Netflix will charge $6.99 a month for new ad-supported tier, and more…

Today’s pick

The Regulators of Facebook, Google and Amazon Also Invest in the Companies' Stocks. The Federal Trade Commission’s officials traded stocks and funds more than those at any other major agency, including going heavily into tech shares, The Wall Street Journal found. (By Brody Mullins, Rebecca Ballhaus, Chad Day, John West and Coulter Jones / Wall Street Journal)

Rebecca Ballhaus @rebeccaballhaus

PART TWO: The top watchdog of American business is also home to Washington's most active Wall Street investors. A third of the FTC's 90 senior officials owned or traded stock in companies undergoing an FTC merger review or investigation.

wsj.comThe Regulators of Facebook, Google and Amazon Also Invest in the Companies’ StocksThe Federal Trade Commission’s officials traded stocks and funds more than those at any other major agency, including going heavily into tech shares, The Wall Street Journal found.

---

Musk Investigated by US Authorities Over Deal, Twitter Says. Billionaire Elon Musk is being investigated by federal authorities related to his attempted acquisition of Twitter Inc., lawyers on behalf of the social media company wrote in a court filing in Delaware. “Elon Musk is presently under… (Tom Giles / Bloomberg)

Keith Olbermann @KeithOlbermann

BREAKING: in filing, @Twitter lawyer says Feds investigating @elonmusk over shady bid to buy this website: "Elon Musk is presently under investigation by federal authorities for his conduct in connection with the acquisition of Twitter.”

trib.alTwitter Seeks Documents Related to Federal Investigation of Musk

---

The best way to reach new readers is word of mouth. If you click THIS LINK in your inbox, it’ll create an easy-to-send pre-written email you can just fire off to some friends.

---

Netflix will charge $6.99 a month for new ad-supported tier starting Nov. 3 in U.S. Netflix is pricing its ad-supported service at $6.99 a month, which will be $1 less than Disney+ and Hulu with commercials. Commercials will be 15 or 30 seconds in length and will play before and during Netflix's content. Netflix's 'Basic with ads'… (Alex Sherman / CNBC)

Alex Sherman @sherman4949

Big Netflix news: Ad tier will be $6.99 in the US, launching Nov. 3. That's lower than Disney+ and Hulu, whose ad tiers will be $7.99 per month. All the details here:

cnbc.comNetflix will charge $6.99 a month for new ad-supported plan starting Nov. 3 in U.S.Netflix is debuting its advertising-supported subscription plan on Nov. 3 in the U.S. at $6.99 per month.

---

A meeting in Google's 3D chat booth felt like real life science fiction. It looked like I could grab the apple. Jason Lawrence, a Google researcher, was sitting across from me, holding the fruit in his hand. I could see it, it was red and shiny, and my brain was telling me it was right there. But Lawrence and the apple… (Jay Peters / The Verge)

Jay Peters @jaypeters

I had a meeting in Google's Project Starline video chat booth this week. It blew me away; it was the most natural virtual conversation I've ever had. Starline's not a real product yet, and it's unclear when it may ever be. But it was very impressive.

theverge.comA meeting in Google’s 3D chat booth felt like real life science fictionIt’s an amazing way to have a virtual conversation.

---

With New Crackdown, Biden Wages Global Campaign on Chinese Technology. In conversations with American executives this spring, top officials in the Biden administration revealed an aggressive plan to counter the Chinese military's rapid technological advances. China was using supercomputing and… (Ana Swanson via The New York Times)

Ana Swanson @AnaSwanson

Exclusive: Inside Biden's global campaign on Chinese technology. US officials pushed to choke off China's access to advanced semiconductors through internal debates and tough negotiations with allies. With @ewong

nytimes.comWith New Crackdown, Biden Wages Global Campaign on Chinese TechnologyU.S. officials pushed to choke off China’s access to critical semiconductor technology after internal debates and tough negotiations with allies.

---

Thanks for reading to the bottom and soaking in our Newslit fuelled highlights for your morning.

I hope you found it interesting and, needless to say, if you have any questions or feedback let me know by hitting reply or on Twitter.

Take care and see you tomorrow!

— Jose Montes de Oca

P.S. Want to advertise with us? We’d love to hear from you.