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March 29, 2019, 12:15 PM
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Top News

Sara Salinas / CNBC:
Lyft opens up more than 20% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B  —  - The offering marks the first debut from a heavyweight class of tech companies going public in 2019.  — Lyft revealed skyrocketing revenues in its initial IPO prospectus …
Arjun Kharpal / CNBC:
Huawei reports ~$8.8B profit in 2018, up 25.1% YoY on revenue of ~$107.13B, up 19.5% YoY, boosted by strong revenue growth of 45.1% YoY in its consumer business  —  - Huawei reported revenue of 721.2 billion yuan ($107.13 billion) in 2018, a 19.5 percent year-on-year rise.
Adam Satariano / New York Times:
UK's review of Huawei's telecommunications equipment finds “significant” security problems but does not call for an outright ban
Ian Allison / CoinDesk:
Coinbase Custody starts offering staking services to institutional clients, starting with Tezos  —  The Takeaway:  — Coinbase Custody is offering staking services to institutional clients, starting with Tezos.  — Client assets will remain inside Coinbase's fully insured cold storage at all times, mitigating risk to investors.
Ina Fried / Axios:
Google pulls “conversion therapy” app after prominent LGBTQ group Human Rights Campaign suspended Google's ranking from its influential Corporate Equality Index  —  Google is pulling a controversial app that LGBTQ rights groups say engages in a form of conversion therapy …
Josh Constine / TechCrunch:
Facebook launches new Ad Library that now makes all active ads and inactive political ads searchable, opens Ad Library API to all Facebook-verified developers  —  Now you can search Facebook for how much Trump has spent on ads in the past year, which Pages' ads reference immigration, or what a Page's previous names were.
Richard Allan / Facebook:
Facebook says EU advertisers will need authorization to run ads for EU's May elections and ads related to politics and issues must have a “Paid for by” label
Mary Jo Foley / ZDNet:
Microsoft tells business users that Windows 10 1809, also known as the Windows 10 October 2018 Update, is ready for broad deployment  —  Microsoft finally is telling business users that Windows 10 1809, originally released last fall, is ready for deployment — just a month before Windows 10 1903 may start rolling out.
Joel Spolsky / Stack Overflow Blog:
Joel Spolsky announces he will step down as CEO of Stack Overflow and become chairman of the board, says the company booked $70M in revenue last year  —  Big news!  We're looking for a new CEO for Stack Overflow.  I'm stepping out of the day-to-day and up to the role of Chairman of the Board.
Sarah Perez / TechCrunch:
Apple to close Texture on May 28, will offer Texture customers a one-month free trial to Apple News+  —  A year ago, Apple acquired the digital newsstand app Texture to form the basis of its new subscription-based service, Apple News+, which launched on Monday.
Matthew Panzarino / TechCrunch:
More Apple Card details, including that a user can generate virtual card numbers for online non-Apple Pay purchases at any time by tapping a button  —  One of the most buzzy announcements on Apple's stage this week was Apple Card, its in-house credit card powered by Goldman Sachs and Mastercard.
Angela Chen / The Verge:
Inmates at two Finland prisons are classifying data to train AI for a startup building a database of companies; some experts have concerns about exploitation  —  Empowerment or exploitation?  —  “Prison labor” is usually associated with physical work, but inmates at two prisons in Finland …
Jake Kanter / Business Insider:
Leaked Facebook emails reveal intense discussion over an anti-Semitic Instagram post by Alex Jones before it was taken down  —  - Business Insider has seen a lengthy Facebook email chain in which executives discuss Alex Jones' future on Instagram and removing an inflammatory post.
Washington Post:
Sources: HUD alerted Twitter and Google last year that it is scrutinizing their ad targeting practices for possible housing discrimination  —  The Trump administration delivered its first sanction of a tech giant Thursday, charging Facebook with housing discrimination in a move that could threaten …
Russell Brandom / The Verge:
US Department of Housing and Urban Development files charges against Facebook, saying the company's ad targeting tools enable violations of Fair Housing Act

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:15 PM ET, March 29, 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

Benjamin Mullin / New York Times:
Richard Parsons, who had a long career as chairman, CEO, and as a board member of media companies including CBS and Time Warner, died at 76 of bone cancer

Inside Radio:
iHeart reduces its total debt by over $440M and extends most of its debt maturities by three years, by using debt exchange transactions

Reuters:
Palestinian sources say an Israeli airstrike killed five journalists from Al-Quds Today; the Israeli military called the five “operatives posing as journalists”

More News

Tom Warren / The Verge:
Security researcher charged with computer misuse in the UK after admitting to hacking Microsoft and Nintendo, which estimate the cost of damages at ~$3.8M

Earlier Picks

Chris Welch / The Verge:
Verizon rolls out a free version of Call Filter, its $3/month spam and robocall protection service
Sarah Krouse / Wall Street Journal:
FTC has secured $1.5B worth of fines from robocallers through court judgments since 2004 and has collected $121M or 8% of that amount
Michael Potuck / 9to5Mac:
Twitter expands dark mode options for iOS users with a pure black Lights Out mode and an Automatic Dark Mode
Sergiu Gatlan / BleepingComputer:
Office Depot and tech support vendor Support.com to pay the FTC $35M for allegedly persuading customers to buy computer repair services using fake malware scans
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