Techmeme
May 12, 2019, 1:05 PM

Top News

Nick Clegg / New York Times:
Facebook responds to Chris Hughes, says it is not a monopoly and has robust competition in all areas it operates, reiterates its call for more regulation  —  Dismantling our company won't fix what's wrong with social media.  —  Mr. Clegg is Facebook's vice president for global affairs and communications.
Spencer Soper / Bloomberg:
Amazon's recent pledge of $800M to make next-day delivery the new standard is pressuring rivals to increase their investments in logistics startups to compete  —  - Flexe and Dolly are lining up backing for national expansions  — Several of the upstarts are led by former Amazon executives
Andreessen Horowitz:
Enterprise startups should not rely on data network effects as a defensive moat and should focus on and invest in long-term defensibility from other areas  —  Data has long been lauded as a competitive moat for companies, and that narrative's been further hyped with the recent wave of AI startups.
Dan Primack / Axios:
Uber's IPO got caught in a perfect storm of negative events on Friday, some of its own making, some, like Trump's China tariffs, outside its control  —  Uber's IPO stalled out yesterday, stunning both Silicon Valley and Wall Street.  —  Details: The ride-hail giant priced shares near the bottom of their range on Thursday night.
More: CNBC and Bloomberg
Bryan Menegus / Gizmodo:
Tech activists are protesting Palantir's work with ICE by mass flagging “issues” with the company's most popular GitHub repositories  —  Tech activists continue to organize and win across many of the industry's biggest firms—and increasingly the online spaces tech workers gather …
Campbell Robertson / New York Times:
A non-profit Mined Minds came into West Virginia promising to teach miners and others coding skills and get them well paid jobs, but left many of them worse off  —  Mined Minds came into West Virginia espousing a certain dogma, fostered in the world of start-ups and TED Talks.  Students found an erratic operation.
Connie Loizos / TechCrunch:
SEC filing shows Jawbone Health CEO Hosain Rahman has managed to raise $65.4M for the company  —  Not everyone gets a second chance in Silicon Valley.  Entrepreneur Hosain Rahman has been given many more than that.  Though his last company, Jawbone, which produced wireless speakers and Bluetooth earpieces …
Tweets: @healtheugene

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Bernhard Warner / The Atlantic:
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