Techmeme
September 10, 2018, 6:55 PM

Top News

Evan Osnos / New Yorker:
Profile of Mark Zuckerberg, who is at the center of a debate about the moral character of Silicon Valley, as he tries to fix Facebook before it breaks democracy  —  The most famous entrepreneur of his generation is facing a public reckoning with the power of Big Tech.
Joe Rossignol / MacRumors:
Ming-Chi Kuo: USB-C on 2018 iPad Pro, Touch ID on 2018 MacBook, EKG and ceramic backs on all Apple Watch Series 4 models, and more  —  Apple analyst Ming-Chi Kuo has issued a new research note today, obtained by MacRumors, that outlines several predictions about Apple's upcoming products …
Gertrude Chavez-Dreyfuss / Reuters:
NY regulator approves its first stablecoins; the digital currencies, strictly pegged to US dollar on a one-to-one basis, come from Paxos and Winklevoss' Gemini  —  NEW YORK (Reuters) - New York state's Department of Finiancial Services on Monday approved Gemini Trust Company's …
Kyle Wiggers / VentureBeat:
Qualcomm unveils Snapdragon Wear 3100 Platform for Android smartwatches with a quad-core A7 processor, 4G LTE, and an ultra-low power coprocessor  —  After a series of false starts and missed forecasts, the smartwatch market has finally started to come into its own.
Josh Constine / TechCrunch:
Atrium LTS, Twitch co-founder Justin Kan's legal technology services startup, raises $65M from a16z  —  Twitch's Justin Kan returns to pwn law firms  —  Let the computers do the legal busy work so attorneys can focus on complex problem solving for their clients.
Ingrid Lunden / TechCrunch:
Snap's Chief Strategy Officer Imran Khan is leaving the company after four years, sources say to start his own investment firm  —  Earlier today, Snap made some waves when it announced that Imran Khan, its chief strategy officer, was stepping down from his role to pursue other opportunities.
Barney Thompson / Financial Times:
On Tuesday, a top EU court will decide if the EU's “right to be forgotten” regulations should apply worldwide and what type of information should be delisted  —  Europe's top judges are being asked to decide the limits of the “right to be forgotten” — a person's ability to demand …
Lynn La / CNET:
OnePlus says its OnePlus 6T flagship will have a fingerprint reader in the display, likely making it the first phone widely available in the US with the feature  —  The upcoming OnePlus 6T will feature an in-display fingerprint reader, the company confirmed to CNET.
INSIDER:
Sources: Citigroup developed Digital Asset Receipts or DARs, similar to regulated ADRs, but for crypto, where bank holds asset and issues receipt for investor  —  - Citigroup has created what it's calling a Digital Asset Receipt or DAR, thought to be the most direct way to invest …
Saheli Roy Choudhury / CNBC:
Alibaba announces Jack Ma will remain executive chairman for a year, and CEO Daniel Zhang will take over as chairman on September 10, 2019  —  - Alibaba said on Monday that CEO Daniel Zhang will take over as chairman of the board in a year, succeeding current executive chairman Jack Ma.
Bloomberg:
Altaba, Yahoo Japan's second-largest shareholder, is set to raise $4.3B by exiting its stake at 354 yen/share, a discount of ~4.6% to the stock's last close  —  - The company says it's offering entire stake at 354 yen a share  — Firm increased the size of the sale from about 750m shares
Ingrid Lunden / TechCrunch:
Hoodline, which analyses data to find and then write local news stories in 20 cities, raises $10M Series A to expand nationwide  —  While many lament the death of local news, a small army of tech startups have been developing a new set of tools to figure out how to save it.

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