Techmeme
May 30, 2019, 7:10 PM

Top News

Sam Meredith / CNBC:
An open letter signed by 47 companies, including Apple, Google, Microsoft, and WhatsApp, condemns proposal from the UK's GCHQ to eavesdrop on encrypted messages  —  KEY POINTS  — In an open letter to GCHQ (Government Communications Headquarters), 47 signatories including Apple …
David Ruddock / Android Police:
Source: Galaxy Note 10 will lose the headphone jack and exterior buttons like volume and power will be replaced by capacitive or pressure-sensitive areas  —  Speaking to a source familiar with the company's plans, Android Police has learned that Samsung will likely begin its wind-down of the headphone jack …
Nick Summers / Engadget:
Microsoft is bringing its Xbox Game Pass subscription service to Windows 10 PCs with a “curated library” of more than 100 titles; details to be revealed at E3  —  PC players, rejoice: Microsoft is bringing its previously-Xbox exclusive subscription service, Xbox Game Pass, to Windows 10.
Lauren Feiner / CNBC:
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%  —  KEY POINTS  — The company reported total revenue of $3.10 billion, at the top end of its preliminary estimates for the quarter.
Lily Hay Newman / Wired:
Google's new policies for Chrome extensions and Drive API will limit the ability of extensions and 3rd party apps to access personal data, starting this summer  —  AFTER YEARS OF issues with rogue Chrome extensions, hijacks, and malware, Google announced a slew of new policies Thursday to ensure the little browser applets are secure.
Sarah Perez / TechCrunch:
Jay Greene / Washington Post:
Salesforce changes its acceptable-use policy to bar gun-selling retailers from using its software if they sell military-style rifles  —  Business-software giant Salesforce instituted a new policy barring retail customers from using its technology to sell semiautomatic weapons and some other firearms.
Brian Dowling / Xconomy:
Insight Partners buys a majority share in Boston-based threat intelligence company Recorded Future for $780M, the highest ever price for a threat intel firm  —  Recorded Future is being acquired by tech investor Insight Partners in a $780 million all-cash deal, the cyber-threat intelligence company announced this morning.
Ryan McMorrow / Agence France-Presse:
Investigation finds Huawei has received ~$1.6B in Chinese government grants over past ten years, heavily subsidized land, and favorable export financing terms  —  Huawei has been a major beneficiary of Chinese state subsidies and grants  —  A replica of the Palace of Versailles …
Manish Singh / TechCrunch:
Alibaba to invest $100M in the Indian short video app and TikTok competitor Vmate, which is owned by its subsidiary UC Web and which has 30M users globally  —  Chinese tech giant Alibaba is doubling down on India's burgeoning video market, looking to fight back local rival ByteDance, Google …
Ron Miller / TechCrunch:
Abacus Insights, a data integration platform for the healthcare industry, raises $12.7M Series A led by CRV  —  Abacus Insights, an early stage startup that wants to help coordinate healthcare information across systems, announced a $12.7 million Series A investment today led by CRV.
More: FinSMEs

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