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May 24, 2018, 12:30 PM
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Top News

Bloomberg:
Sources: DOJ and CFTC have opened a criminal probe into alleged market manipulation of bitcoin and other cryptocurrencies  —  - Justice Department opens investigation into illicit trading  — Agency is working with CFTC, which oversees crypto futures  —  The Justice Department …
Jack Nicas / New York Times:
Sources: Apple signed deal with Volkswagen to use vans as autonomous staff shuttles, wanted to partner with BMW and Mercedes-Benz on all-electric autonomous car  —  SAN FRANCISCO — Apple had already curtailed its grand vision for disrupting the automotive industry by building its own self-driving car.
Michelle Castillo / CNBC:
Facebook users worldwide are being asked to review their privacy settings, including political and religious affiliations, as GDPR goes into effect in Europe  —  - Facebook is telling all users to review their privacy settings, including information they share on their profiles and facial recognition preferences.
David Shepardson / Reuters:
US NTSB report on Uber's self-driving car that killed a pedestrian in March in AZ says the car failed to identify the pedestrian or break until it was too late  —  WASHINGTON (Reuters) - An Uber Technologies Inc [UBER.UL] self-driving vehicle that struck and killed a woman in Tempe …
CBS Pittsburgh:
Pittsburgh mayor Bill Peduto says he was unaware of Uber's plans to resume testing autonomous cars in the city this summer, wants federal investigation first
Kevin Poulsen / The Daily Beast:
The FBI used a court order to seize a key server in the Russia-linked VPN Filter botnet, stopping its ability to reactivate when an infected router is rebooted  —  FBI agents armed with a court order have seized control of a key server in the Kremlin's global botnet of 500,000 hacked routers, The Daily Beast has learned.
Jim Finkle / Reuters:
Cisco's Talos cyber intelligence unit says 500K+ routers in dozens of countries have been infected by Russia-linked malware and could be used to attack Ukraine
Nick Statt / The Verge:
Instapaper, owned by Pinterest, says it will be temporarily unavailable to all European users on May 24 as it works to ensure GDPR compliance by May 25  —  The read-it-later app needs time to make changes ahead of GDPR going into effect on Friday  —  Popular read-it-later app Instapaper informed …
Janko Roettgers / Variety:
Vevo is shuttering its Android, iOS, and Windows Mobile apps and website to refocus on YouTube following resignation of several execs and significant layoffs  —  Major-label owned Vevo is giving up on plans to build its own music video platform outside of YouTube's control …
Andrew J. Hawkins / The Verge:
Uber says it will open an Advanced Technologies Center in Paris focused on its Uber Elevate flying taxis project, will spend €20 million over five years  —  S'envoler  —  Uber's plan to fill the skies above cities with swarms of electric-powered flying taxis is getting its own dedicated laboratory.
Garrett Camp:
Sixteen years after it started, StumbleUpon to shut down and transition its accounts to content discovery platform Mix.com over the next couple of months  —  Sixteen years ago, we started StumbleUpon to help people discover new webpages.  The idea was simple: click a button to find a cool webpage.
Charlie Osborne / ZDNet:
Qualcomm unveils 10nm Snapdragon 710 SoC with 4K HDR playback support, promises twice the AI performance compared to Snapdragon 660, expected in devices in Q2  —  The focus for the next generation of chips is artificial intelligence, neural networking, and support for high-quality photos and video.
Ingrid Lunden / TechCrunch:
Airbnb quietly launches Travel Stories in beta, letting users share ephemeral pictures and videos that can be viewed in-app or online  —  The stories format has been one of the most sticky features of social apps like Snapchat and Instagram, letting users stitch together video …
More: VatorNews and The Verge.  Tweets: @ingridlunden
Axios:
Sources: SoftBank is investing in peer-to-peer car rental service Getaround as part of a ~$100M fundraising round  —  SoftBank is investing in Getaround, a peer-to-peer car rental service that is raising around $100 million in new funding, Axios has learned from multiple sources.
More: GeekWire.  Tweets: @afrovii
Taylor Soper / GeekWire:
Pet-sitting startup Rover raises $155M round led by T. Rowe Price, bringing its total funding to $310M  —  When Rover started seven years ago, many in the startup community snickered.  There was no real business model, they said.  A marketplace that matched dog owners with caretakers wouldn't work, they said.
More: VentureBeat and Bloomberg.  Thanks:@johnhcook

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Daniel Thomas / Financial Times:
BBC Chair Samir Shah calls for UK's “outdated” regulatory regime to be improved to let public service broadcasters compete with US streaming giants for viewers

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

More News

Bloomberg:
Lenovo reports Q4 profit of $33M, down 69% YoY, and revenue of $10.6B, up 11% YoY, with no recovery in its smartphone business as PC market remains stagnant
Mat Honan / BuzzFeed:
A look at the opening of Salesforce Tower in San Francisco and Benioff's remarks on homelessness and lack of affordable housing amid the city's housing crisis

Earlier Picks

Ashley Carman / The Verge:
Tinder says it is testing Tinder Places, which will let users find potential matches based on places they travel to, powered by Foursquare, in Australia, Chile
Kate Conger / Gizmodo:
Facebook says users can now use dedicated hardware or code-generating apps for two-factor authentication without having to register their phone number
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