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April 26, 2019, 5:45 PM
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| Lauren Feiner / CNBC: |
Slack files for an IPO via direct listing, reports loss of $138M on $400M revenue for FY 2019 ending Jan. 31, compared to $140M loss and $220M revenue for 2018 — - Slack follows several tech companies that have already debuted on the public market in 2019, including Lyft, PagerDuty, Pinterest and Zoom.
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Slack Technologies, Inc., Motherboard, Recode, TechCrunch, Business Insider, GeekWire, CNET, The Verge, Computerworld, SiliconANGLE, Axios, Washington Post, Crunchbase News, ZDNet, CNBC, Business Insider, Financial Times, Seeking Alpha, Neowin, and VentureBeat
Tweets: @ellenhuet, @danprimack, @ellenhuet, @evacide, @hshaban, @motherboard, @ericjackson, @pinboard, @ericjackson, @bbalfour, @lorenzofb, @theglipper, @iamstan, @ellenhuet, @rolfewinkler, @ericjackson, @moorehn, @alex, @triketora, @rolfewinkler, @ericnewcomer, @anthony, @ericnewcomer, @mmallin, @stshank, @ellenhuet, @trengriffin, @alexandrama15, @eugenekim222, @carnage4life, and @ericnewcomer
| Matt Levine / Bloomberg: |
How Bitfinex lost access to $850M it held with the shady Panama-based payments processor Crypto Capital and tried to cover the loss by borrowing from Tether — Also Uber, Slack and mortgage settlements. — Matt Levine is a Bloomberg Opinion columnist covering finance.
More:
BREAKERMAG, Decrypt, CoinDesk, Modern Consensus, PYMNTS.com, Cointelegraph, and Bitcoinist.com
Tweets: @coindesk, @mayazi, @akadosang, @_kevin_pham, @teo_leibowitz, @decryptmedia, and @mdudas
| Frank Chaparro / The Block: |
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor — The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name.
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NY State Attorney General, The Block, NY State Attorney General, Wall Street Journal, The Register, Gizmodo, Bloomberg, Trustnodes, CoinDesk, CNBC, CryptoSlate, Crypto Briefing, NewsBTC, CoinDesk, Bitcoinist.com, ALTCOIN MAGAZINE, IT PRO, Amy Castor, Crypto Recorder, Ethereum World News, Coinspeaker, Anycoin.news, NullTX, TechCrunch, CryptoGlobe, Fortune, The Next Web, NY State Attorney General, Engadget, Blockonomi, CoinGeek, and Messari Crypto
Tweets: @iamjosephyoung, @coindesk, @robustus, @jeffjohnroberts, @alistairmilne, @katherineykwu, @sasha35625, @fintechfrank, @tracyalloway, @jeffjohnroberts, @bitfinexed, @rolflobker, @bmmrobertson, @bryceweiner, @francispouliot_, @ofnumbers, @_mikemalley, @patio11, @patio11, @patio11, @patio11, @haydentiff, @bryceweiner, @bryceweiner, @bascule, @theblock__, @davidgerard, @bitfinexed, @tuurdemeester, @theblock__, and @fintechfrank
| Wall Street Journal: |
Sources: starting last summer, Apple held talks with Intel about acquiring parts of the smartphone-modem chip business, but talks halted recently — Talks have cooled and Intel plans to seek out other buyers — Apple Inc. held talks with Intel Corp. about acquiring parts …
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Ars Technica, Business Insider, MacRumors, CNBC, iPhone Hacks, iPhone in Canada Blog, and Seeking Alpha
Tweets: @benbajarin, @cararlombardo, and @scottmaustin
| Chaim Gartenberg / The Verge: |
Source:
Wall Street Journal. More:
MacRumors, FierceWireless, MSPoweruser, 9to5Mac, Telecoms.com, The Mac Observer, Mashable, WinBuzzer, Silicon Republic, Android Authority, and AppleInsider. Tweets: @donal888
| Dean Takahashi / VentureBeat: |
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Intel, PC Gamer, Financial Times, Silicon Valley Business …, and cloudpro.co.uk
Tweets: @stephennellis, @lexnfx, @ldignan, @rogoway, @stephennellis, @charliebilello, and @martyswant
| Justin Elliott / ProPublica: |
Intuit is deliberately preventing TurboTax's free tax filing website from showing up in Google's and other search engines' results — The makers of TurboTax as well as H&R Block promised the IRS to offer free filing for many Americans. But they're keeping Google from seeing it.
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Gizmodo, 9to5Google, TechCrunch, The Verge, Komando.com, Fast Company, Splinter, and ProPublica
Tweets: @justinelliott, @glenngabe, @m3pols, @bkerogers, @justinelliott, @adamconover, @anandwrites, @jessicaesquire, @robertmaguire_, and @dcseifert
| Josh Constine / TechCrunch: |
In a chat with the historian Yuval Noah Harari, Zuckerberg says Facebook will not comply with the laws of authoritarian countries requiring local data centers — If free nations demand companies store data locally, it legitimizes that practice for authoritarian nations which can then steal …
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Facebook
Facebook: Mark Zuckerberg. Tweets: @nc_cyberlaw, @chrismessina, @joshconstine, @joshconstine, @joshconstine, @facebook, @joshconstine, @thekenyeung, @sheeraf, and @lfdodds
| Craig Silverman / BuzzFeed News: |
Google removed 46 Android apps from Chinese developer DO Global that were committing large-scale ad fraud; source says Google is moving to ban DO Global overall — Google has begun the mass removal of apps from a major Chinese Android developer following a BuzzFeed News investigation …
More:
Android Authority, The Verge, 9to5Google, Engadget, Neowin, and iPhone in Canada Blog
Tweets: @craigsilverman, @profcarroll, and @craigsilverman
| Tripp Mickle / Wall Street Journal: |
Sources: Three veteran designers from Apple's industrial design team are leaving as the famously close-knit team under Jony Ive undergoes a series of changes — Three designers will have recently left the prestigious, two-dozen member team responsible for the iPhone's design
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Gizmodo, InvestorPlace, iDownloadBlog.com, BGR, Fortune, The Mac Observer, Redmond Pie, iPhone in Canada Blog, Silicon Valley Business …, and AppleInsider
Tweets: @minimaxir, @natisho, and @scottmaustin
| Data Protection Commission: |
Irish DPC launches inquiry into Facebook after the company reported millions of Facebook Lite and Instagram user passwords were stored in plain text internally — The Data Protection Commission was notified by Facebook that it had discovered that hundreds of millions of user passwords …
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New York Times, TechCrunch, Geek News Central, ZDNet, and CNET
| New York Times: |
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The Mac Observer, VoIPWatch, Recode, and Bloomberg
| Mike Isaac / New York Times: |
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NY State Attorney General, Bloomberg, Fox News, Forbes, PYMNTS.com, BetaNews, Slate, and The Verge
Tweets: @kpoulsen, @profcarroll, @mikeisaac, and @robaeprice
| Raymond Zhong / New York Times: |
Huawei tried to explain its ownership structure after a report accused it of being misleading about the matter, but questions remain — SHENZHEN, China — For one of the world's largest technology companies, it should be a simple question: — Who owns Huawei?
More:
SSRN and TechNode
Tweets: @nytimesbusiness, @laurenscerulus, @julianku, @accessalerts, @baldingsworld, and @thorstenbenner
| Michael J. de la Merced / New York Times: |
Magic Leap raises $280M from NTT DoCoMo, Japan's biggest cellphone service provider, and says it will reopen its most recent round for more funding — Magic Leap, the maker of augmented-reality goggles, has already raised $2.3 billion, an extraordinary amount for a start-up.| Dan Primack / Axios: |
Uber sets IPO price range of $44 to $50 per share, plans to raise up to $10.35B at a valuation of up to ~$84B — Uber on Friday morning disclosed that it plans to raise upwards of $10.35 billion in its IPO, at a market cap that could approach $84 billion. — The ride-hail giant …
More:
CNBC, The Guardian, New York Times, Wall Street Journal, Telegraph, Crunchbase News, Gizmodo, Business Insider, Bloomberg, Mercury News, VentureBeat, and CNN
Tweets: @stevekovach, @ingridlunden, @ericnewcomer, @danprimack, @danprimack, @ingridlunden, @ericnewcomer, and @scottmaustin
| Mark Wilson / Fast Company: |
A free Chrome extension from Gmail's former lead designer cuts out the visual noise and extraneous UI elements for a simple and clean interface — Michael Leggett is even more annoyed with Gmail than you are. — “It's like Lucky Charms got spewed all over the screen,” he says to me, as he scrolls through his inbox.
More:
CNET, Engadget, Lifehacker, and The Verge
Tweets: @buzz, @dermdaly, @fastcompany, and @stevesi
| Kate Clark / TechCrunch: |
Lattice, a cloud-based HR platform focused on performance reviews and used at startups like Reddit, Slack, Coinbase, raises $15M Series B led by Shasta Ventures — Sam Altman's little brother Jack is an entrepreneur, too. — Jack Altman, whose resume includes a stint as vice president …
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