Techmeme
March 11, 2019, 2:50 PM

Top News

Ian King / Bloomberg:
Nvidia to buy Mellanox Technologies, which makes chips and other hardware for data center servers, for $6.9B  —  - Mellanox holders offered $125-per-share in all-cash deal  — Graphics chipmaker trying to further embed itself in servers  —  Nvidia Corp. agreed to buy chipmaker Mellanox …
Davey Alba / BuzzFeed News:
Leaked documents reveal CBP plans to deploy facial recognition tech at US airports in as little as two years, despite concerns about the tech and its legality  —  In March 2017, President Trump issued an executive order expediting the deployment of biometric verification of the identities of all travelers crossing its borders.
Lora Kolodny / CNBC:
Tesla reverses course, says it will keep more stores open than previously planned, and will raise vehicle prices by ~3% worldwide after March 18  —  - Tesla CEO Elon Musk told employees in an e-mail late Sunday night that the company would be shifting its sales plans yet again.
Zack Whittaker / TechCrunch:
Researchers find Box enterprise cloud storage accounts leaking sensitive data like prices for donated body parts and backdoor passwords to city water works  —  Security researchers have found dozens of companies inadvertently leaking sensitive corporate and customer data because staff …
Dana Thomas / New York Times:
Profile of Morin Oluwole, the global head of luxury for Facebook and Instagram, who helps brands like Louis Vuitton and Dior target customers on the platform  —  Morin Oluwole heads the social media giant's advisory operation for Louis Vuitton, Christian Dior and others.
Adi Robertson / The Verge:
Facebook sues two Ukrainian developers for enticing 60K+ users to install browser extensions that scraped personal info and injected ads into their News Feeds  —  Facebook has sued two Ukrainian men for allegedly using quiz apps to scrape Facebook users' private data and inject advertisements into their News Feeds.
Anthony Ha / TechCrunch:
Appen, a crowdsourced data annotation startup, is acquiring rival Figure Eight for $175M in cash upfront and up to $125M more based on this year's performance  —  Appen just announced that it's acquiring Figure Eight in an all-cash deal that sees Appen paying $175 million upfront …
More: FinSMEs
Kyle Wiggers / VentureBeat:
Fairygodboss, a social network for female professionals, raises $10M Series A and says it has 100+ corporate partners including Apple and General Motors  —  Fairygodboss, a self-described social network for career-minded women, today announced that it has raised $10 million in series …
More: FinSMEs

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