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May 29, 2018, 8:30 AM
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| Natasha Singer / New York Times: |
Big tech industry groups claim EU's new ePrivacy Regulation will limit growth online; the law has been delayed after being slated to go into effect this month — The new European data privacy legislation is so stringent that it could kill off data-driven online services and chill innovations …
More:
Business Insider, Axios, AdExchanger, Lawfare, VentureBeat, Silicon Republic, and AdExchanger
Tweets: @johnwilander and @profcarroll
| Kane Wu / Reuters: |
Sources: Alibaba's fintech affiliate Ant Financial has raised $10B, valuing the firm at $150B, compared with ~$60B after its previous fundraising in April 2016 — HONG KONG (Reuters) - Ant Financial Services Group, operator of China's biggest online payment platform by market share, Alipay …
More:
Tech in Asia and Seeking Alpha
| Gray Chapman / BuzzFeed: |
How animal shelters and rescue organizations are successfully using social media to promote less desirable dogs, helping save their lives by finding them homes — In the age of the viral doggo, shelters and rescue organizations are recognizing the need to hop aboard the meme train — or risk getting left behind.
Tweets: @amandalitman, @buzzfeednews, @johnlegere, and @buzzfeed
| Eleanor Ainge Roy / The Guardian: |
Papua New Guinea will ban Facebook for a month in a bid to crack down on fake users and study how fake news and pornography spreads — Analysts will explore how fake news and pornography spreads, and assess whether country needs its own version of the platform
More:
BuzzFeed, Post Courier, Gizmodo, Axios, Business Insider, Silicon Republic, and WIRED UK
Tweets: @lcmoser, @jimwaterson, @heldavidson, @anneapplebaum, @justinpickard, and @schuetze_k
| Catalin Cimpanu / BleepingComputer.com: |
Creators of cryptocurrency trading app Taylor, which recently completed an ICO, claim a hacker stole around $1.35M of Ether from company funds — The creators of the Taylor cryptocurrency trading app claim that an unidentified hacker has stolen around $1.35 million worth of Ether from the company's wallets.
More:
Taylor, ZDNet, SiliconANGLE, Taylor, Taylor, Coingeek, CCN, DataBreaches.net, Coinjournal, and The Merkle. Tweets: @chrismessina
| Jonathan Shieber / TechCrunch: |
DHS moving forward on plans to rescind International Entrepreneur Rule, which would have let immigrant founders of startups stay in the US for up to five years — After nearly a year of protest and litigation, the Department of Homeland Security finally announced late last week …
More:
Federal Register, Silicon Republic, San Francisco Chronicle, and GeekWire
Tweets: @doug_rand, @doug_rand, @doug_rand, @doug_rand, @doug_rand, @doug_rand, @doug_rand, @doug_rand, @doug_rand, @doug_rand, @doug_rand, and @doug_rand
| Wall Street Journal: |
US tech founders are increasingly wresting control from VC backers and extracting huge pay packages tied to going public compared to their non-tech peers — Silicon Valley financiers are losing leverage to star entrepreneurs — Founders of highflying startups are increasingly wresting control … | Mariella Moon / Engadget: |
Snapchat launches its first Lens that reacts to sound and says it will roll out more in the coming weeks — Snapchat has quite a few intriguing Lenses you can play with, including its body-tracking ones that can follow you around and its majestic sky whale Lens that uses sky segmentation technology.
More:
CNET, Firstpost, and iPhone in Canada Blog
| BBC: |
London launches contactless payment system for street performers with payments firm iZettle and Busk In London, an organization supporting street performers — London has introduced a contactless payment scheme for buskers in what the organisers claim is a world first.
More:
Sky News, ZDNet, The Verge, Fortune, 9to5Mac, TechCrunch, Press Association, Firstpost, CNET, Digital Trends, ABC, Daily Mail, TechRadar.com, Daily Express, euronews, Forbes, City A.M., Fin24, The Independent, Finextra Research Headlines, Ubergizmo, and NFC World
Tweets: @im_nsp, @sadiqkhan, @skynews, and @mayoroflondon
| Georgia Wells / Wall Street Journal: |
Source: US Equal Employment Opportunity Commission investigating potential age discrimination in Intel's 2016 cuts that led to 10,000+ being laid off globally — Federal watchdog investigates allegations by former Intel employees that they were let go because of their age| Manish Singh: |
Star India's streaming service Hotstar set new global record for a live event on Sunday by drawing 10M+ concurrent viewers during IPL cricket tournament final — An Indian on-demand streaming service, with fewer than 400 employees, has pulled off a milestone that Silicon Valley companies Facebook …
More:
The Economic Times, Digital TV Europe, BostonGlobe.com, Entrackr, Indian Television Dot Com, Times Now Live TV, and Slashdot. Thanks:@refsrc
| Jonathan Shieber / TechCrunch: |
Venezuelan migrants propel growth of ride-sharing apps in Latin America but are vulnerable to taxi syndicate threats and the conditions apps impose on drivers — One month ago, Yonathan Segovia, a Cabify driver originally from Venezuela, was allegedly attacked by a mob of taxi drivers on the streets of Quito in Ecuador.Sponsor Posts
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