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May 5, 2019, 12:40 AM
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| CNN: |
After Facebook bans seven extremists, Trump, in a series of tweets, complains about the ban, retweeting extremists' tweets, and issuing vague threats — New York (CNN)Facebook barred seven users from its services earlier this week, citing its policies against “dangerous individuals and organizations.”| Jack Shafer / Politico: |
Facebook could have limited the reach of Alex Jones and other “dangerous” figures without outright bans, which erode the US' strong free speech traditions — Jack Shafer is Politico's senior media writer. — Free speech took a whacking Thursday as Facebook cited its policies against … | Cecilia Kang / New York Times: |
Sources: FTC commissioners remain divided along the party lines on whether to hold Mark Zuckerberg personally liable for Facebook's future privacy violations — The F.T.C. chairman seems to have the votes to approve a settlement. One of the biggest issues has been whether to hold Mark Zuckerberg liable for future violations.
More:
Axios, The Verge, and Washington Post
Tweets: @raju, @matthewstoller, @nytimes, @billmcgev, @jason_kint, @iansherr, @nytimesbusiness, @demandprogress, @privacydigest, and @mayazi
| Catalin Cimpanu / ZDNet: |
Some Git source code repositories, including at least 392 from GitHub, have been wiped and replaced with a ransom demand in a possible coordinated attack — Hacker wipes Git repos and asks for Bitcoin. Gives victims 10 days and threatens to release the code.
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Motherboard, GitLab, Information Security …, Neowin, Security Affairs, BleepingComputer, and The Register
Tweets: @empathic_dev, @gcluley, @gitlab, @xrobau, @campuscodi, @campuscodi, @danielrufde, @campuscodi, @campuscodi, @campuscodi, @campuscodi, @campuscodi, and @campuscodi
| Mike Isaac / New York Times: |
A look at Dara Khosrowshahi's tenure as Uber prepares to go public; source: CEO decided Travis Kalanick isn't welcome on the NYSE balcony for next week's IPO — The C.E.O. wants to prove that the start-up has evolved past a raucous, and profligate, tech-bro culture. But Uber's past is simply not that far gone.
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Axios, The Information, Quartz, Gizmodo, Notes from Silicon Valley, TechCrunch, and Seeking Alpha
| Celia Wan / The Block: |
Bitfinex is trying to raise $1B via initial exchange offering of LEO tokens to provide liquidity as it seeks access to $850M it says were frozen by governments — Bitfinex will issue an initial exchange offering (IEO) that aims to raise $1 billion, according to an excerpt … | Laura Bliss / CityLab: |
Innisfil, Ontario, which in 2017 decided to subsidize Uber rides in lieu of a public bus system, has been forced to raise fares and cap rides as adoption grows — Innisfil, Ontario, decided to partially subsidize ride-hailing trips rather than pay for a public bus system.
Tweets: @bdtetlow, @grescoe, @humantransit, @sean_yyz, @citylab, @sphillipsluethi, @citylab, @nqrw, @citylab, @nachosbracko, @schmangee, @wswmuc, @citylab, @citylab, @mikeboos, @citylab, @citylab, @mslaurabliss, and @citylab
| Mike Dudas / The Block: |
Report: Facebook seeks ~$1B from financial firms and e-commerce sites to back its stablecoin as it readies its payments network and rewards system for users — - Facebook is planning to launch a full payments network (rather than just remittances) and in discussions with payment networks Visa …
Source:
Wall Street Journal. More:
Wired, Ars Technica, Inc42 Media, Hacker Noon, Social Media Today, SludgeFeed, Engadget, BGR, NewsBTC, Silicon Valley Business …, Financial Times, TechSpot, Gizmodo, Blockonomi, iPhone in Canada Blog, KnowTechie, Mashable, Crypto Briefing, Crowdfund Insider, PaymentsSource, PYMNTS.com, CryptoGlobe, CoinGeek, Business Insider, Cointelegraph, CoinDesk, ETHNews, The Next Web, Ethereum World News, Coinspeaker, CNET, Seeking Alpha, Associated Press, Anycoin.news, CNBC, and Messari Crypto
Tweets: @gavinsbaker, @cryptodemedici, @nlw, @nathanielpopper, @peterlbrandt, @woodrow1616, @jonrussell, @c3_nik, @edadoun, @andrewmatranga, @margimurphy, @jkbriggs, @bruno_j_navarro, @cryptonaugs, @fmbutt, @walterisaacson, @rallyqt, @ftmdaily, @quadency, @marceloplima, @johncalia, @bruno_j_navarro, and @raju
| Joseph Cox / Motherboard: |
Verizon, T-Mobile, Sprint, and AT&T hit with class action lawsuits for selling customer location data — The lawsuits come after a Motherboard investigation showed AT&T, Sprint, and T-Mobile sold phone location data that ended up with bounty hunters, and The New York Times covered an instance of Verizon selling data.
Tweets: @josephfcox, @josephfcox, and @josephfcox
| Kyle Wiggers / VentureBeat: |
Virginia-based DivvyCloud, which provides cloud infrastructure automation software, raises $19M, says its client base doubled in the past year to 20+ companies — DivvyCloud, an Arlington, Virginia-based company developing a cloud infrastructure automation platform, today announced … | Frank Chaparro / The Block: |
Coinbase says CTO Balaji Srinivasan is leaving; source: Srinivasan was not given enough freedom and had differing visions for the future product roadmap — Cryptocurrency exchange Coinbase is parting ways with its CTO Balaji Srinivasan, who joined the firm as part of one of its largest acquisitions, The Block has learned.
More:
TechCrunch and CryptoSlate
Tweets: @theblock__, @twobitidiot, @r81ne, @pierre_rochard, @mdudas, and @teddyschleifer
| Forbes: |
A profile of Lemonade, a millenial-friendly discount insurance startup, which has raised $480M in five rounds, the last one at a $2B+ valuation, says source — In the summer of 2017, a Los Angeles man in his mid-20s put on a necklace, blond wig and makeup and made a cellphone video describing …
Tweets: @forbes
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