Techmeme
March 29, 2019, 12:05 PM

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:
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 …
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.
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:
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:

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Earlier Picks

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Sergiu Gatlan / BleepingComputer: