Techmeme
June 21, 2017, 10:00 PM

Top News

Mike Isaac / New York Times:
Travis Kalanick resigns as Uber CEO, sources say after pressure from Benchmark, First Round, Lowercase, Menlo, and Fidelity; he will remain on Uber's board  —  Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built …
Johana Bhuiyan / Recode:
Possible Kalanick replacements at Uber: YouTube's Susan Wojcicki, ex-Ford CEO Alan Mulally, ex-eBay CEO John Donahoe; sources say Sandberg to stay at Facebook  —  The embattled ride-hail company needs a no-nonsense executive with some form of experience with distributed networks.
Washington Post:
Sources: Benchmark's Bill Gurley led the effort to build support among fellow Uber investors for a demand that Travis Kalanick resign  —  The plot to oust Uber chief executive Travis Kalanick began almost the moment he announced last week that he was taking a temporary break from the celebrated technology company caught up in scandals.
Farhad Manjoo / New York Times:
Uber's crisis was a failure of oversight and shows founders should be constrained by lieutenants, mentors, and a forceful board of directors  —  Travis Kalanick's spectacular rise and fall at Uber contains many lessons for the technology industry.  But one lesson should rise above the others …
Josh Constine / TechCrunch:
Snap adds Snap Map to Snapchat, offering global view of friends' locations in Bitmoji form, accessed by zooming out of default camera view  —  Snapchat's next big feature wants to get you to meet up with friends in real life rather than just watching each other's lives on your phones.
Josh Constine / TechCrunch:
Sources: Snapchat quietly acquired social mapping startup Zenly last month for $250M to $350M; Zenly to continue running independently  —  Snapchat's newest feature, Snap Map, is based on its latest acquisition, social mapping startup Zenly.  TechCrunch has learned that Snapchat has bought Zenly …
Josh Constine / TechCrunch:
Periscope debuts Super Hearts, which viewers can buy in-app using virtual coins starting at $0.99, earning creators a monthly pay-out  —  Periscope has a new revenue stream and a new way to attract the best live video content to its Twitter-owned app.  Today Periscope launches Super Hearts …
Spotify News:
Spotify now lets users build group playlists with their friends in Facebook Messenger  —  Spotify is excited to introduce Group Playlists for Messenger, a new experience for creating playlists with friends on a messaging app they already know and love.  —  With Group Playlists for Messenger …
Gerry Doyle / New York Times:
Toshiba says it's chosen a Japanese consortium to buy its microchip business, overlooking US-based Western Digital; full details of the deal expected next week  —  HONG KONG — As Toshiba, the embattled technology giant, battles for survival, it has turned to a group led by the Japanese government …

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