Techmeme
April 29, 2019, 9:00 AM

Top News

Spotify:
Spotify reports Q1 revenue of €1.5B, up 33% YoY, reduces net loss to €142M, says it has 217M MAUs, up 26% YoY, with 100M premium subscribers, up 32% YoY  —  Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2019 ending March 31, 2019.
Eric Slivka / MacRumors:
Phil Schiller, in an email to a user, says screen-time apps Apple restricted used MDM feature only intended for enterprises, creating privacy and security risks  —  Earlier today, a report from The New York Times highlighted Apple's removal of a number of App Store apps that had allowed users …
Roger Parloff / Yahoo Finance:
Profile of Chris Cox, who, despite being chief product officer for years, never drew the attention for Facebook's scandals that Zuckerberg and Sandberg did  —  In late 2003, during his senior year at Stanford, Chris Cox, the future Chief Product Officer at Facebook (
New York Times:
How the boom in Chinese bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes  —  Bike-sharing start-ups brought prosperity to Wangqingtuo.  Now residents are dealing with the mess they left behind.
Ron Miller / TechCrunch:
Tray.io raises $37M Series B led by Spark Capital for its enterprise automation platform, says it has over 200 customers including Lyft, Intercom, IBM, and SAP  —  Tray.io, the startup that wants to put automated workflows within reach of line of business users, announced a $37 million Series B investment today.
Mike Isaac / New York Times:
Sources: Uber will pitch an Amazon-like growth story during IPO roadshow, but a filing shows Q1 revenue growth was 20%, less than half of what it was a year ago  —  SAN FRANCISCO — Pop quiz: Which technology company does Uber, the ride-hailing giant on the cusp of an initial public offering, consider itself to be the most like?
Kieren McCarthy / The Register:
Hertz sues Accenture for delays, poor design, security vulnerabilities and performance problems of its website and mobile app redesign, for which it paid $32M  —  Rental firm fuming after consultancy ‘never delivered a functional site or mobile app’  —  Car rental giant Hertz is suing over a website redesign from hell.
steve cheney:
Advances in 3D image processing and image sensors, which are progressing at a Moore's Law-like pace, will make lidar redundant for self-driving cars in 3 years  —  Last week when Tesla launched its dedicated autonomy ASIC, a lot of the focus was on this new hardware which allowed redundancy and incredibly fast neural processing.

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Featured Podcasts

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From Bootstrapped to $12B: Mailchimp's Ben Chestnut on Life After the Exit
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Earlier Picks

Kiran Stacey / Financial Times:
Lawrence Abrams / BleepingComputer: