Techmeme
May 17, 2019, 3:30 PM

Top News

Tom Warren / The Verge:
Microsoft announces Minecraft Earth, a real-world AR version of Minecraft, available in closed beta on iOS and Android this summer  —  Alex Kipman, Microsoft's HoloLens and Kinect creator, is always enthusiastic about the future of computing.  As he stands in front of me inside …
New York Times:
Profile of Facebook CTO Mike Schroepfer, who admits AI alone may not be enough to deal with toxic content and chokes up when discussing the issue  —  Facebook has heralded artificial intelligence as a solution to its toxic content problems.  Mike Schroepfer, its chief technology officer, says it won't solve everything.
Arjun Panchadar / Reuters:
Hewlett Packard Enterprise to buy supercomputer maker Cray in a deal valued at $1.3B, or $35 per share, which represents a premium of 17.4% to Cray's last close  —  (Reuters) - Supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about $1.30 billion, net of cash.
Jonathan Hillman / Axios:
Trump's actions against Huawei limit its 5G tech in US, but Huawei continues to build or improve ~100 undersea cables; ~380 cables carry most international data  —  President Trump's executive order and the Commerce Department's “Entity List” create new challenges for Huawei's 5G wireless technology …
Financial Times:
Chloe Taylor / CNBC:
Deliveroo announces that Amazon is leading a $575M funding round for the UK-based food delivery service, bringing the total raised to $1.53B  —  KEY POINTS  — Deliveroo is a British company that allows users to order food deliveries from nearby restaurants using an app.
Sean Lyngaas / CyberScoop:
DOJ says that it has indicted 10 members of the criminal network that used the GozNym malware to attempt to steal an estimated $100M from 41,000+ victims  —  Law enforcement officials from the U.S. and some European allies say they have broken up a criminal network that used banking malware …
Ron Miller / TechCrunch:
Health at Scale, which wants to match patients to the right treatments from the right providers at the right time using AI, raises $16M Series A  —  Health at Scale, a startup with founders who have both medical and engineering expertise, wants to bring machine learning to bear …
More: FinSMEs and PE Hub Blog
Julian Chokkattu / Digital Trends:
Tests of Verizon's 5G in Chicago on the Galaxy S10 5G show download speeds of up to 1.35 Gbps, but speeds were inconsistent, though never fell below 550 Mbps  —  I'm in Chicago.  Again.  It's my second trip to the windy city in the past month, and I don't expect it to be my last.  —  Why?  5G!
Brenna Hughes Neghaiwi / Reuters:
Filing: Facebook has set up a new company in Switzerland, Libra Networks, that will focus on payments, financing, identity management, blockchain, and more  —  ZURICH (Reuters) - Facebook has set up a new financial technology company in Switzerland focusing on blockchain and payments …
Tom Warren / The Verge:
Microsoft and Sony announce a strategic partnership to explore development of future cloud solutions in Microsoft Azure for game and content-streaming services  —  An unusual partnership  —  Microsoft and Sony are announcing an unusual partnership today, allowing the two rivals to partner on cloud-based gaming services.
Meng Jing / South China Morning Post:
Alibaba says fake product listings were down 67% on its platforms in 2018 after deployment of anti-counterfeiting system analyzing sentiment in user comments  —  E-commerce giant reports 67 per cent year-on-year decline in suspected fake product listings on its platforms …

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Earlier Picks

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