Techmeme
July 14, 2019, 1:45 AM

Top News

Nilay Patel / The Verge:
Facebook has done nothing but behave badly from inception, yet it has received only slaps on the wrist by authority figures, while being rewarded by the market  —  Facebook gets away with it again  —  Facebook's stock went up after news of a record-breaking $5 billion FTC fine for various privacy violations broke today.
Emily Glazer / Wall Street Journal:
Ben Thompson / Stratechery:
Shopify's ecosystem, with its own fulfillment network, may become the first true Amazon competitor by enabling merchants to succeed or fail on their own terms  —  While I am (rightfully) teased about how often I discuss Aggregation Theory, there is a method to my madness, particularly over the last year …
More: USA Today
Kalev Aasmae / ZDNet:
A look at Estonia's four and half year old e-residency program, which now has 55,000 e-residents and is unlikely to attain its original goal of 10M by 2025  —  Instead of the goal of gaining 10 million e-residents by 2025, Estonia is now focusing on security and usability.
AJ Dellinger / Engadget:
Online education platform K12.com has left 7M records, including name, email, age, what school the student attends, and authentication keys, exposed online  —  K12.com, an online education platform, inadvertently exposed the personal information of nearly seven million students, according to security researchers at Comparitech.
Karen Chiu / Abacus:
Facial recognition software maker Megvii branches out into dog tracking, says its app can use a phone camera to identify dogs by their snouts, with 95% accuracy  —  Megvii says it can identify individual dogs by scanning their noses  —  If you're a dog lover, you probably don't need convincing that your furry friend is like no other.
More: The Verge
Richard Lawler / Engadget:
Trump says cryptocurrencies including Facebook's Libra are “not money”, need to be regulated, citing their high volatility and facilitation of unlawful behavior  —  Just hours after a “social media summit,” the president's Twitter account posted a thread aimed at, of all things, cryptocurrency.
Josh Constine / TechCrunch:
Steve O'Hear / TechCrunch:
Germany-based Staffbase, a mobile-first employee communication and experience platform, raises $23M Series C, bringing its total raised to $35M  —  Staffbase, a mobile-first platform that enables employees to communicate, access work-related services and stay updated with company information, has raised $23 million in Series C funding.
South China Morning Post:
Profile of Meiya Pico, which claims a 40% share of the digital forensics market in China and which is believed to be linked to a spy app used by Chinese police  —  Meiya claims a 40 per cent share of the digital forensics market in mainland China Net profit was US$44 million last year …

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More News

Louise Matsakis / Wired:
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Earlier Picks

Ortenca Aliaj / Financial Times:
Taylor Lorenz / The Atlantic:
Megan Rose Dickey / TechCrunch:
Mary Jo Foley / ZDNet: