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February 27, 2019, 10:15 PM
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Top News

Sarah Perez / TechCrunch:
FTC settles with Musical.ly, now TikTok, for $5.7M, over the app's violation of US child privacy laws; TikTok's app updates with a new UX for users under 13  —  A significant FTC ruling issued today will see video app TikTok fined $5.7 million for violating U.S. children's privacy laws …
Roger Cheng / CNET:
Source: Motorola plans to launch its foldable smartphone, likely a revival of the Razr brand, this summer  —  Motorola is jumping into foldable phones.  And it's likely doing it with one of the most iconic names in the business.  —  Motorola, a unit of Chinese consumer electronics giant Lenovo …
Roland Li / San Francisco Chronicle:
In a letter to the CA government, Apple confirms that 190 employees, including 124 engineers, will be laid off from its self-driving car division on April 16  —  Apple will lay off 190 employees in Santa Clara and Sunnyvale in its self-driving car division, the company said.
Alexis C. Madrigal / The Atlantic:
Crowdtangle data: a small number of Facebook Pages created 46% of the top 10,000 posts for or against vaccines, with 20% generated by seven anti-vax Pages  —  Squelching vaccine misinformation might be easier than the platform makes it seem.  —  Look up vaccinations on Facebook …
Larry Dignan / ZDNet:
RightScale 2019 State of the Cloud report: Azure adoption grew from 45% to 52%, reaching 85% of AWS adoption, up from 70% last year  —  The RightScale 2019 State of the Cloud Report from Flexera highlights how enterprises are spending more on cloud computing, but are getting concerned about optimizing their spending.
Romain Dillet / TechCrunch:
Review of Shadow Ghost, a $140 streaming game console made by French startup Blade, which runs a $35/month cloud gaming service that now has ~65,000 subscribers  —  French startup Blade, the company behind Shadow, is launching a new set-top box to access its cloud gaming service — the Shadow Ghost.
Kate Rooney / CNBC:
Square reports Q4 adjusted revenue of $464M, up 64% YoY, 15M Cash App MAUs in Dec. 2018, up from 7M YoY, issues weak Q1 guidance; stock down 6%+ after hours  —  - Payment company Square reported fourth-quarter results that beat analysts' expectations for earnings and revenue on Wednesday.
Jonathan Stempel / Reuters:
BlackBerry sues Twitter for allegedly infringing six messaging patents; BlackBerry sued Facebook and Snap in 2018, also alleging messaging patent infringement  —  (Reuters) - BlackBerry Ltd on Wednesday filed a patent infringement lawsuit accusing Twitter Inc of illegally using technology …
More: TechCrunch
Eugene Wei / Remains of the Day:
An in-depth analysis of social media platforms through the lens of social capital theory and why we should think of them as “Status as a Service” businesses  —  Editor's Note 1: I have no editor.  —  Editor's Note 2: I would like to assure new subscribers to this blog that most my posts are not as long as this one.
Mary Ann Azevedo / Crunchbase News:
Study of VC-backed deals over the last five years finds that 77.1% of VC-backed founders were white, 1% were black, and 9.2% of startup founders were female  —  Maybe the VC community is tired of hearing about it; certainly, there are plenty of people who are tired of dealing with it.
The Keyword:
Google and DeepMind are using AI to predict the power output of wind farms 36 hours ahead of actual generation, boosting economic value of wind energy by ~20%  —  Carbon-free technologies like renewable energy help combat climate change, but many of them have not reached their full potential.
Ian Allison / CoinDesk:
Nivaura, which aims to use blockchains to automate the lifecycle for the issuance of financial instruments, raises $20M led by the London Stock Exchange  —  Capital markets blockchain startup Nivaura has raised a total of $20 million with the closing of its second seed extension round led by the London Stock Exchange Group (LSEG).

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:15 PM ET, February 27, 2019.

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

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Michael S. Rosenwald / New York Times:
Mike Shatzkin, a publishing consultant who was among the first in the industry to shake publishers into confronting the digital disruption, died on Nov. 7 at 77

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

More News

Manish Singh / VentureBeat:
Spotify launches in India with monthly premium tier starting at 119 rupees or ~$1.67, says free tier users in India can stream any song on demand on mobile
Katyanna Quach / The Register:
IBM apologizes after some US online job application forms asked for the ethnicity of applicants and used racial slurs, says the questions have been removed

Earlier Picks

Federal Trade Commission:
FTC settles with supplement maker in first case involving allegedly fake paid Amazon reviews to gain a five-star rating, will suspend most of $12.8M judgment
Gus Garcia-Roberts / USA Today:
Twitter has permanently suspended Jacob Wohl for creating and operating fake accounts, after he shared plans to make deceptive accounts before the 2020 election
Josh Constine / TechCrunch:
Facebook policy doc shows it wants up to a 30% cut of Fan Subscriptions, vs Patreon's 5%, and to reserve right to offer free trials with no creator compensation
Makena Kelly / The Verge:
FTC announces a new task force to monitor competition in “technology-related sectors” and says that it will look into previous mergers
Hadas Gold / CNN:
DC appeals court rejects DOJ's bid to overturn the ruling that cleared the way for AT&T's acquisition of Time Warner; DOJ says it will not seek further review
Shannon Liao / The Verge:
HTC's blockchain-focused Exodus 1 phone adds ~20 decentralized blockchain apps, integrates with Opera for crypto micropayments, will be sold for $699 in March
The Guardian:
UK far-right activist Tommy Robinson has been permanently banned from Facebook and Instagram for repeatedly breaking policies on hate speech
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