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May 10, 2019, 3:35 PM
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| Lauren Feiner / CNBC: |
Uber opens at $42 on its first day of trading after pricing its IPO at $45 and raising $8.1B at a valuation of about $82.4B — - Uber debuted Friday on the New York Stock Exchange at $42 per share, trading under the symbol “UBER.” — Uber began trading Friday on the New York Stock Exchange …
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Tweets: @mikeisaac, @stevejang, @ryangraves, @dkhos, @lam_barrett, @neilcybart, @neilcybart, @emilychangtv, @rolfewinkler, @lexnfx, @msquinn, @shiraovide, @joshk, @tferriss, @pkedrosky, @eliotwb, @obrien, @danprimack, @pkedrosky, @reuters, @amir, @business, @susanthesquark, @danprimack, @scottmaustin, @emilychangtv, @tonyromm, @stevekovach, @stevekovach, @lexnfx, and @pt
| Eric Newcomer / Bloomberg: |
Profile of Garrett Camp, the Uber co-founder who envisioned the idea of private cars for hire with an app and whose stake in Uber is now worth ~$3.7B — Garrett Camp envisioned cities full of private cars for hire with an app. Travis Kalanick took it from there, and they both became wealthy beyond imagination.
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| Casey Newton / The Interface: |
Chris Hughes' op-ed reflects a consensus among early Facebook executives that the company is too large, too powerful, and too deleterious to society's health — Thanks to everyone who wrote with warm wishes about jury duty. Sadly, I was not called upon to serve my democracy.
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| Matt Rosoff / CNBC: |
Facebook isn't a monopoly in advertising, so breaking it up would be illogical and ineffective; it would also be expensive and discouraging to entrepreneurs — - Facebook co-founder Chris Hughes argues in an op-ed for The New York Times on Thursday that Facebook should be broken up under antitrust laws.
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| Chris Hughes / New York Times: |
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| U.S. Department of Justice: |
US DoJ announces a China-based hacking group has been indicted for a series of computer intrusions including the 2015 Anthem hack which affected ~78.8M people — A federal grand jury returned an indictment unsealed today in Indianapolis, Indiana, charging a Chinese national as part … | Chris Velazco / Engadget: |
Lyft is testing longer-term car rentals with a small group of customers in San Francisco — Between offering on-demand rides and peppering cities with electric scooters, Lyft has been pushing hard to minimize the need to actually own a car. Now, the company is exploring yet another …
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| Steven J. Vaughan-Nichols / ZDNet: |
Google says that all Chromebooks launched this year will be Linux-ready right out of the box — Google has announced that all new Chromebook devices will be Linux ready. — At Google I/O in Mountain View, Google quietly let slip that “all devices [Chromebook] launched this year will be Linux-ready right out of the box.”| Binance: |
Binance says it is significantly increasing its security, revamping its API, 2FA, and withdrawal validation, hopes to resume withdrawals and deposits next week — I would like to share some updates on the security incident. We understand the situation is tough for our community.
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| Zack Whittaker / TechCrunch: |
Researchers say flaws in a popular GPS tracker, used with elderly or kids, can reveal real-time location and remotely activate its microphone, suggest recall — A popular GPS tracker — used as a panic alarm for elderly patients, to monitor kids, and track vehicles — contains security flaws …
Tweets: @zackwhittaker, @zackwhittaker, @thekenmunroshow, and @ainsleyoc
| Stewart Clarke / Variety: |
Netflix publishes its first top-10 lists of most-watched content on its platform in the UK, says it will start posting the lists every week in the country — Netflix took a step toward greater transparency Thursday, at least in the U.K., by publishing its first top-10 lists of most-watched content …
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| Kyle Wiggers / VentureBeat: |
Google says it will create a dedicated placement beneath the search bar for AMP Stories in mobile search results, starting with the travel category — At Google's annual I/O developer conference in San Francisco, the company gave an update on AMP Stories, an open source library … | Lauren Goode / Wired: |
Google is touting an increased focus on privacy and is making privacy settings slightly easier to find, but those settings remain very confusing for users — IT'S GOOGLE'S BIG privacy pivot, according to Google. — On Tuesday, The New York Times ran an op-ed about privacy written …
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Tweets: @florencebonnet, @matt_cagle, @ranimolla, and @antoniogm
| Daniel Frankel / Multichannel News: |
TiVo announces plans to split its IP licensing and video products businesses to increase odds of finding a buyer — Company says separating units will help odds of finding a buyer — As expected, TiVo has announced plans to split its IP licensing and video products businesses as the company looks to sell its assets.| Aditya Kalra / Reuters: |
Sources: India's antitrust watchdog has preliminarily found that Google abused the dominant position of Android and has ordered a full probe in April — NEW DELHI (Reuters) - India's antitrust watchdog has ordered an investigation into Alphabet Inc's unit Google for allegedly abusing …
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SiliconANGLE, The Verge, Inc42 Media, Engadget, and TechCrunch
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