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August 10, 2018, 6:15 PM
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| Nikhilesh De / CoinDesk: |
Facebook's David Marcus is stepping down from Coinbase board citing his new assignment to lead the social media giant's blockchain strategy — David Marcus is stepping down from the board of directors at cryptocurrency exchange Coinbase, citing his new assignment at Facebook leading the social media giant's blockchain strategy.
More:
TechCrunch, Business Insider, The Block Crypto, Bitcoinist.com, VentureBeat, SludgeFeed, PaymentsSource, and Axios
Tweets: @joshconstine and @twobitidiot
| Ada Hui / CoinDesk: |
Leaked prospectus: Bitmain to file for up to $18B Hong Kong IPO at $40B-$50B valuation in Sept., had $2B in revenues in Q1 and forecasts $2B+ in profits in 2018 — Bitmain Technologies, Ltd. is about to go public. — According to documents obtained by CoinDesk, the cryptocurrency mining company …
More:
Business Insider and TechCrunch
Tweets: @coindesk, @brianmcc, @parabolictrav, @nathanielpopper, @fattailcapital, @joonian, @coindesk, and @tradingroomapp
| John Gruber / Daring Fireball: |
Doug Field, former SVP of engineering at Tesla, returns to Apple, sources say to work in Bob Mansfield's project Titan group — Here's some interesting hiring news I've heard through the little birdie grapevine:1 Doug Field — who left Tesla in May after overseeing Model 3 production …
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The Register, MacRumors, Pocketnow, Mercury News, Reuters, Bloomberg, The Verge, PCMag, CNET, VentureBeat, 9to5Mac, Philip Elmer-DeWitt, iDownloadBlog.com, Silicon Valley Business …, Fortune, The Mac Observer, TechSpot, Inquirer, iPhone in Canada Blog, Mashable, Newser, TechCrunch, Pocket-lint, Engadget, Telegraph, iPhone Hacks, MacDailyNews, Business Insider, Cult of Mac, AppleInsider, Financial Times, and Peter O'Kelly's Reality Check
Tweets: @chrismessina, @benbajarin, @tim, @neilcybart, and @panzer
| Munsif Vengattil / Reuters: |
Facebook changes authorization process for users who manage Pages with a large US following, requiring them to use 2FA and confirm their primary location — (Reuters) - Facebook Inc (FB.O) will introduce an authorization process for users who manage Facebook pages with a large U.S. following …
More:
Facebook, The Verge, CNET, Engadget, Marketing Land, Mashable, Gizmodo, TechCrunch, and Neowin. Tweets: @mattnavarra
| Lily Hay Newman / Wired: |
Macs can be remotely hacked when connecting to Wi-Fi for first time; issue fixed in macOS High Sierra 10.13.6, but machines with older OSes remain vulnerable — APPLE'S SUPPLY CHAIN is one of the most closely monitored and analyzed in the world, both because of the control the company exerts and keen interest from third parties.| Kevin Roose / New York Times: |
Sources describe how Mark Zuckerberg arrived at the decision to take down Infowars, finally making up his mind after seeing news of Apple's removal of podcasts — Late on Sunday, after returning to his hotel room on a trip away from home, Mark Zuckerberg made a decision he had hoped to avoid.
More:
Business Insider and Mashable
Tweets: @karaswisher, @nytimestech, @willoremus, @oliverdarcy, and @kevinroose
| Oliver Darcy / CNNMoney: |
| Nat Levy / GeekWire: |
SEC filing: mobile marketplace OfferUp is raising a $150M round and has already raised $39M of it — OfferUp is raising a huge round of funding as the mobile marketplace continues to grow and battle a crowded field of competitors. — According to a filing with the U.S. Securities …
More:
Crunchbase News
| Richard Nieva / CNET: |
Facebook announces Facebook Connectivity, a new umbrella organization for all of its broadband and infrastructure projects, including Internet.org — If Facebook's founding mission was to make the world “more open and connected,” CEO Mark Zuckerberg seemed hell-bent on doing it in more ways than one.| Todd Spangler / Variety: |
Regulatory filings show that Hulu lost about $357M in Q2 due to higher programming and marketing costs; parent companies to invest an additional $1.5B in 2018 — Parent companies to invest additional $1.5 billion in streaming venture in 2018 — Hulu's cash burn has accelerated … | Anton Shilov / AnandTech: |
A look at how software for a new manufacturing tool, which was not checked to be malware-free, got WannaCry into TSMC's fabs and shut them down for several days — TSMC announced this week that it suffered a computer malware outbreak, resulting in a roughly 3 day outage for parts of the fab while systems were restored.| Bloomberg: |
Qualcomm has reached a settlement with Taiwan's antitrust regulators that reverses most of a $773M fine levied last year, forgoing the ~$89M it has already paid — - Regulators agree to cut $773 million fine by roughly 88% — Qualcomm pledges to boost investment and build a Taiwan base
More:
Qualcomm, TechCrunch, South China Morning Post, XDA Developers, Cult of Mac, MacRumors, BetaNews, AppleInsider, CNET, 9to5Mac, and MacDailyNews
| Caroline O'Donovan / BuzzFeed News: |
“User lobbying” by tech firms to sway regulators is now so common that campaign software companies mainly used by nonprofits are now signing deals with startups — Despite $415 million in funding and a giant fleet of electric scooters scattered all across the streets of San Francisco …
Tweets: @ceodonovan and @pt
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