Techmeme
June 29, 2018, 10:05 AM

Top News

Crystal Tse / Bloomberg:
Source: Xiaomi raises $4.7B after pricing IPO at the low end of the range at HK$17 each, valuing Xiaomi at about $54B, roughly half the company's initial goal  —  Xiaomi Corp. and some existing investors raised $4.7 billion after pricing a Hong Kong initial public offering at the low end of a marketed range …
Chloe Aiello / CNBC:
Twitter is reorganizing its teams into groups, like engineering, instead of individual products; Kayvon Beykpour, former Periscope CEO, named head of product  —  - Ed Ho, who has been on leave since May, explained in a series of tweets his decision was based largely on an unexpected family loss.
Josh Constine / TechCrunch:
Instagram adds the ability to add licensed songs as background music for Stories starting today in 7 countries and says it has 400M daily Stories users  —  The right music can make a boring photo or video epic, so Instagram is equipping users with a way to add popular songs to their Stories.
Sahil Patel / Digiday:
Verizon is shutting down go90; sources say it will be discontinued by July 31 and that shows and all content rights will be returned to production partners  —  Verizon is finally calling it quits on its expensive mobile video bet, Go90.  —  The wireless communications giant is shutting …
Inti De Ceukelaire:
Researcher: Facebook quiz maker NameTests exposed personal info of ~120M users for years, in a data leak that was fixed after the Cambridge Analytica scandal  —  Ever took a personality test on Facebook?  For years, anyone could have accessed your private information, friends, posts and photos.
Nick Statt / The Verge:
Niantic Labs, which helped develop Pokémon Go, says it will open the underlying AR platform, called Real World Engine, to third-party developers  —  Niantic Labs, the San Francisco-based game developer responsible for creating the massively successful augmented reality game Pokémon Go …
Gertrude Chavez-Dreyfuss / Reuters:
Report: ICOs raised $13.7B in the first five months of 2018, up from $7B in 2017; only 30% of the 3,470 ICOs since 2013 closed successfully  —  NEW YORK (Reuters) - Digital currency sales jumped to $13.7 billion in the first five months of the year, nearly double the amount raised for the whole of 2017 …
More: PYMNTS.com
Anthony Ha / TechCrunch:
Twitter makes its Ad Transparency Center, announced before Congressional hearings in October, available to all users  —  Twitter is unveiling the Ads Transparency Center that it announced back in October.  —  This comes as Twitter and other online platforms have faced growing political scrutiny around …
Anna Hensel / VentureBeat:
Facebook rolls out a button users can click to see the ads a Page is running, even if not targeted to the user, across Facebook, Instagram, and Messenger  —  Facebook today released a new tool that will allow users to see what advertisements a Page is running — whether or not all of those advertisements …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Celebrate and collaborate this holiday season with Zoho Cliq  —  The holiday season is a time for celebration, relaxation, and reflection.  While some people are busy wrapping presents for their loved ones …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Mon. 12/23 - The Revenge Of Google Glass?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:05 AM ET, June 29, 2018.

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.

More News

Matthew Lynley / TechCrunch:

Earlier Picks

Andrew J. Hawkins / The Verge: