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March 30, 2019, 10:40 AM
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| 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.
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| Craig Lloyd / iFixit: |
A theory on Apple's AirPower: its overlapping multi-coil design worked in the lab but complying with FCC's rules for safe wireless emissions was too challenging — In a surprising turn of events, Apple has cancelled its long-awaited AirPower wireless charging mat.| Wolfie Zhao / CoinDesk: |
South Korean crypto exchange Bithumb says around $13M in the EOS cryptocurrency has been stolen in a hack it suspects was an insider job — South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job.| Ryan Whitwam / Android Police: |
Google accidentally posts information about Nest Hub Max, an unannounced 10" smart display with a built-in Nest camera, on Google Store's connected home page — A lot of Google products have “fallen off of a truck” in the last couple of years, leading to leaks ahead of official announcements.| 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.
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Gizmodo and The Wrap
| Hannah Kuchler / Financial Times: |
A look at Facebook's growth team, set up in 2007 to pioneer techniques to lure in new users, that has now been charged to fix the company's “integrity” problems — If you joined Facebook at any time over the past decade, Alex Schultz probably had something to do with it.
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New York Times and The Startup
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| Sam Machkovech / Ars Technica: |
Valve teases a VR headset called the Valve Index with a May 2019 release date; Valve previously partnered with HTC on the HTC Vive in 2016 — Months of barely contained rumors have now been confirmed. — Valve Corporation's long-rumored VR headset is finally real.
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| Nick Statt / The Verge: |
Report: a Facebook project called “Catalina”, which ended last year, explored shuttling SSDs filled with data to users in remote areas through bird-sized drones — The secretive codenamed ‘Catalina’ project was ended a year ago — Facebook has for years explored ways … | CNBC: |
Researchers find totaled Teslas contain unencrypted and personally revealing data about owners, including locations visited, phone contacts, and dash cam video — - Crashed Tesla vehicles, sold at junk yards and auctions, contain deeply personal and unencrypted data including info … | Ingrid Lunden / TechCrunch: |
Toast, a cloud-based restaurant management platform, raises a $250M Series E led by TCV and Tiger Global at a $2.7B valuation — Restaurant sales hit $825 billion last year in the US, but with margins averaging at only three to five percent per business, they're always looking for an edge …
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VentureBeat
| Bloomberg: |
A look at the numbers behind Amazon's market reach in terms of dollar sales, revenue, units sold, number of visitors and users, and a snapshot of its history — In recent months, talk of regulating or even breaking up Amazon.com, Inc. has moved from the political fringes to the mainstream.| Liz Lee / Counterpoint Research: |
Counterpoint: global wireless “hearables” market hit 12.5M units in Q4 2018, with AirPods at 60% market share, but low and mid-tier brands gaining — Apple was the market leader with its AirPods as premium models continued to dominate the market. However, mid-tier brands started to gain market share.
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Philip ElmerDeWitt, Cult of Mac, and 9to5Mac
| April Glaser / Slate: |
ISPs that block access to sites hosting the Christchurch shooting video set a worrisome precedent that ISPs may put up barriers between customers and content — Facebook and YouTube were right to delete the video shot by the New Zealand shooter. Internet providers were wrong to try to do it, too.| Sara Salinas / CNBC: |
Lyft closes up 8.7% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B — - The stock ended trading 8.7 percent up at $78.29 — something of a modest IPO for such a giant tech company. — Lyft's stock popped as much as 23 percent in its debut on the public market Friday.
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Tweets: @rolfewinkler, @reutersbiz, @ericnewcomer, @ryangraves, @mrp, @mikeisaac, @lauramandaro, @djtgallagher, @adamsinger, @danprimack, @danprimack, @lexnfx, @alex, @cnbci, and @rakeshlobster
| Blake Droesch / eMarketer: |
eMarketer expects Amazon Music will pass 35M MAUs in the US this year, up 17.7% YoY, growing faster than any other digital audio service in its forecast — Amazon Music will cross 35 million monthly listeners in the US this year. At a growth rate of 17.7% year over year … | Dan Goodin / Ars Technica: |
A newly published exploit for a Magento vulnerability that can be used without authentication 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 a critical vulnerability …
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Sucuri Blog, Magento, CSO, The Hacker News, Slashdot, Threatpost, Security Affairs, Payments News, and Naked Security
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| Reuters: |
Sources: cross-border money transfer startup TransferWise is raising up to $300M at a ~$4B valuation — (Reuters) - TransferWise Ltd, the money transfer startup whose investors include entrepreneur Richard Branson and PayPal Holdings Inc founders Peter Thiel and Max Levchin …
| Brian Krebs / Krebs on Security: |
Earl of Sandwich and Planet Hollywood restaurant franchise owner admits a breach of its PoS systems where 2M+ credit and debit card details may have been stolen — On Feb. 21, 2019, KrebsOnSecurity contacted Italian restaurant chain Buca di Beppo after discovering strong evidence … Sponsor Posts
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