Techmeme
June 14, 2019, 5:00 PM

Top News

Arjun Kharpal / CNBC:
Huawei delays launch of its foldable Mate X phone from June to September, says it is doing extra tests after Samsung's troubles with the Galaxy Fold  —  KEY POINTS  — The company had initially targeted a June launch, but a spokesperson told CNBC, that it was doing extra tests …
Larry Cermak / The Block:
Binance announces that it will stop serving trading customers in the US from September; Binance gets ~15% of its traffic from US customers  —  Binance, the largest crypto-to-crypto exchange by volume, has announced that it will stop serving U.S. individual and corporate customers on its main platform, Binance.com.
Nikhilesh De / CoinDesk:
Wall Street Journal:
Sources: Facebook has signed up 12+ companies, including Visa, Mastercard, PayPal, and Uber, to back the cryptocurrency it plans to unveil next week  —  Visa, Mastercard, PayPal and Uber are among firms that will invest around $10 million each in consortium that will govern digital coin
Frank Chaparro / The Block:
Sources: Libra Foundation, overseeing Facebook's upcoming cryptocurrency, may have eBay, Coinbase, Vodafone, a16z, USV, Thrive, more among the launch partners  —  Facebook has been quietly building out its cryptocurrency for over a year, and it looks like that time has been well spent …
Dave Gershgorn / OneZero:
Pew: 26% of US adults earning under $30K are “smartphone only” internet users, up from 12% in 2013; only 6% of those earning over $75k are “smartphone only”  —  Poorer Americans are increasingly reliant on smartphones as their primary way to access the internet
Amrita Khalid / Engadget:
Facebook releases AI Habitat, an open embodied AI research platform, and Replica, a photorealistic sample spaces dataset  —  Will virtual assistants be able to tell the difference between your living room and your kitchen?  Or even help you find a missing book or set of keys?
CNBC:
Sources: Comcast and Charter agree to sell iPads and other Apple devices at a discount in iPhone deal; Comcast to pay for the cost of the discount  —  KEY POINTS  — Comcast and Charter agreed to sell thousands of Apple devices as part of a deal to offer the iPhone to customers for its mobile service.
Allen Day / Google Cloud Blog:
Google details how developers could use Chainlink to enable Ethereum smart contracts to communicate with BigQuery  —  Try GCP  —  Get $300 free credit to spend over 12 months.  —  Free Trial  —  Blockchains focus on mathematical effort to create a shared consensus.
Volvo Trucks:
Volvo Trucks partners with logistics company DFDS to run Vera, its autonomous truck without a driver's cab, on a pre-determined route at a port in Sweden  —  Volvo Trucks' electric, connected and autonomous vehicle Vera will form part of an integrated solution to transport goods …
Lauren Hirsch / CNBC:
Chewy, an online pet product retailer owned by PetSmart, closes up ~59% on its first day of trading after raising $1B in its IPO, and is now valued at ~$13.5B  —  KEY POINTS  — PetSmart acquired Chewy.com in 2017 for roughly $3 billion to add an online business to complement its store base, as trends shifted online.

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