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February 28, 2019, 2:20 AM
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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 …
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.
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 …
Larry Dignan / ZDNet:
RightScale 2019 State of the Cloud survey based on 786 respondents: 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 …
The Seattle Times:
Though Seattle repealed its “head tax”, Amazon says it won't use the 722K sq. ft. in Rainier Square tower it had leased, which would have housed up to 5K staff  —  The lease was one of the biggest in Seattle history — enough space to hold at least 3,500 employees and perhaps up to 5,000.
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 …
Catalin Cimpanu / ZDNet:
Coinhive, an in-browser Monero miner known for cryptojacking, says it will shut down on March 8, citing the crypto crash and a recent Monero hard fork  —  Coinhive wanted to be an alternative to classic banner ads but it became malware after constant abuse.
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.
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.
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.
Nathan Munn / Motherboard:
Investigation: at least two Canadian provinces keep databases of sensitive info obtained from at-risk people, often without consent, sparking privacy concerns  —  The database includes detailed, but “de-identified,” information about people's lives culled from conversations between police, social services, health workers, and more.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:20 AM ET, February 28, 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

CNBC:
Newsmax shares jumped 179% on Tuesday and have risen 1,500%+ since their Monday debut, bringing the company's market cap to ~$20.8B, above WBD's and Fox Corp's

Stephen Battaglio / Los Angeles Times:
Steve Kornacki signs a deal with NBC News and NBC Sports and departs from MSNBC, which Comcast is spinning off into a new corporate entity

American Journalism Project:
John Thornton, founder of The Texas Tribune, co-founder of the American Journalism Project, and venture capitalist, has died at age 59

More News

Earlier Picks

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
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
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
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
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
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