Techmeme
June 3, 2019, 1:15 PM

Top News

New York Times:
Researchers find YouTube's recommendation algorithm is curating home movies of unwitting families into a catalog sexualizing children  —  Christiane C. didn't think anything of it when her 10-year-old daughter and a friend uploaded a video of themselves playing in a backyard pool.
Apple:
Live stream of Apple's WWDC 2019 keynote  —  From the San Jose Convention Center.
Wall Street Journal:
Sources: FTC secured the rights to begin a anti-trust probe of Facebook as part of an agreement that let DOJ lead a Google probe; Facebook stock drops 7%+  —  Federal Trade Commission secures right to examine how Facebook's practices affect digital competition  —  This is a developing story and will be updated shortly.
Bloomberg:
Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82  —  - The proposed acquisition values Cypress at about $10 billion  — Semiconductor players are wrestling with slowing growth
Niraj Chokshi / New York Times:
Report: 52% of parents vs. 39% of teens said they spend too much time on their phones, up from 29% of parents and down from 61% of teens in 2016  —  The kids are all right.  But the parents?  —  Since 2016, adults have grown much more concerned about the time they spend on mobile devices …
Nicholas Megaw / Financial Times:
eBay partners with Spanish bank Santander to offer loans to more than 200,000 SMBs on its platform in UK via Asto, the bank's business bookkeeping app  —  Santander and eBay have agreed a lending partnership for small businesses as the two groups attempt to combat competition from tech giants and newer digital rivals.

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Financial Times:
Tom Warren / The Verge:
Tony Romm / Washington Post:
Saagar Enjeti / The Hill: