Techmeme
May 20, 2019, 9:55 AM

Top News

Ben Brody / Bloomberg:
Sources: after Trump's ban, chipmakers including Intel, Qualcomm, Xilinx, and Broadcom have told employees they will not supply Huawei until further notice  —  Alphabet Inc.'s Google will end business relationships that involve the transfer of non-public hardware, software and technical services …
Angela Moon / Reuters:
Source: Google will stop collaborating and providing Huawei with technical support for Android and Google services, including Google Play  —  NEW YORK (Reuters) - Alphabet Inc's Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except …
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Paul Tassi / Forbes:
Report details how game publishers are paying top streamers, with 15K+ concurrent viewers, $25,000-$50,000 an hour to stream a new game and build buzz  —  The past few years have been full of impressive achievements in the realm of professional gaming, whether it's enormous prize pools …
David McCabe / Axios:
FCC Chairman Ajit Pai recommends approval of the proposed T-Mobile and Sprint merger; the deal also requires approval from the Department of Justice  —  Federal Communications Commission Chairman Ajit Pai said Monday morning that he would recommend the agency approve the proposed merger between T-Mobile and Sprint.
Eric Niiler / Wired:
Meteorologists say interference from 5G phones could reduce the accuracy of weather forecasts by 30%, equivalent to the quality of predictions in the 1980s  —  IF YOU HAD a choice between a better, faster cell phone signal and an accurate weather forecast, which would you pick?
Kyle Wiggers / VentureBeat:
Siemplify, which provides a security orchestration and automation platform, raises $30M Series C led by Georgian Partners, bringing its total raised to $58M  —  Siemplify, a New York and Tel Aviv security orchestration platform provider, today announced that it's secured $30 million …
Zack Whittaker / TechCrunch:
Identity and authentication platform Auth0 raises $103M Series E led by Sapphire Ventures at a valuation of $1B, says it has 7,000 enterprise clients  —  Auth0, a 2013-founded identity and authentication platform, has pushed into unicorn territory with a $1 billion valuation after raising $103 million in its latest Series E round.
Connie Loizos / TechCrunch:
Sam Altman talks about his years at Y Combinator, OpenAI's ambitions to create a friendly general artificial intelligence, and its “capped profit” model  —  Earlier this year, founder-investor Sam Altman left his high-profile role as the president of Y Combinator to become the CEO of OpenAI …
Josh Horwitz / Reuters:
Xiaomi beats revenue expectations with Q1 sales of ~$6.3B, up 27% YoY, and net income of ~$303M, up 23.5% YoY, thanks to growth in sales outside China  —  SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp reported better than-expected quarterly revenue on Monday due in part to steady growth in sales outside its home market.

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