Techmeme
March 29, 2019, 3:50 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 stock held at around $87 in its first few minutes of trading — something of a modest IPO for such a giant tech company.  —  Lyft stock started trading …
Matthew Panzarino / TechCrunch:
Apple cancels AirPower wireless charging mat, citing inability to meet its quality standards for the product  —  Apple has canceled the AirPower product completely, citing difficulty meeting its own standards.  —  “After much effort, we've concluded AirPower will not achieve our high standards and we have cancelled the project.
Sarah Perez / TechCrunch:
Apple to close Texture on May 28 following the launch of Apple News+, effectively ending the service for subscribers without Apple devices  —  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.
Dan Goodin / Ars Technica:
A newly published exploit for a Magento vulnerability that can be used with no authentication required puts hundreds of thousands of e-commerce sites at risk  —  Magento admins: beware of SQL flaw that requires no authentication.  —  Attack code was published on Friday that exploits …
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.
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:
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 …
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 …
Kevin Roose / New York Times:
Interview with YouTube Chief Product Officer Neal Mohan about its recommendation algorithms, radicalization, violent extremism, and the rabbit-hole effect  —  Neal Mohan discusses the streaming site's recommendation engine, which has become a growing liability amid accusations that it steers users to increasingly extreme content.
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.
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:
Dan Seifert / The Verge:
AirPods with Wireless Charging Case review: excellent wireless performance and reliability with support for Qi charging but using “Hey Siri” can be frustrating  —  The new AirPods look and sound familiar, but have a couple new tricks  —  Of the many new products that Apple announced …
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