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August 23, 2019, 2:10 PM
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| Financial Times: |
Sources: at least three of Facebook's Libra backers are discussing how to distance themselves from the project amid increasing regulatory scrutiny — Intensifying regulatory scrutiny of Facebook's Libra digital currency has spooked some of the project's early backers, with at least three privately discussing …
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CoinDesk, Gizmodo, CNET, CNBC, CCN Markets, Telecoms.com, Cointelegraph, CryptoGlobe, CoinGeek, Coinspeaker, The Next Web, PYMNTS.com, and ETHNews
Tweets: @oscarwgrut and @mshannahmurphy
| Abner Li / 9to5Google: |
Google Photos can now search for text that appears in user images with its optical character recognition filter — Google Lens has a powerful optical character recognition (OCR) filter that can pull text from any image. Available in Google Photos, the backup service this month is adding the ability to search for text in images.
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Gizmodo, Engadget, XDA Developers, SlashGear, iPhone Hacks, Digital Photography Review, Android Central, Android Authority, Fast Company, Android Police, Firstpost Tech, TechRepublic, TechSpot, MSPoweruser, Tom's Guide, iPhone in Canada Blog, and Silicon Republic
Tweets: @googlephotos, @hunterwalk, @gregthegreek, and @acaiijawe
| Wall Street Journal: |
Investigation finds 4,152 items on Amazon that were declared unsafe by federal agencies, are deceptively labeled, or are banned by regulators — Just like tech companies that have struggled to tackle misinformation on their platforms, Amazon has proven unable or unwilling to effectively police third-party sellers on its site
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GeekWire, Day One, Business Insider, PYMNTS.com, and CNBC
| Jennifer Elias / CNBC: |
Google says it has shut down 210 YouTube channels after it found they had been tied to misinformation about Hong Kong protesters — KEY POINTS — In a blog post Thursday, Google said it axed more than 200 YouTube channels due to misinformation around Hong Kong protests.
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The Keyword, Ars Technica, New York Times, New York Times, CyberScoop, Market Realist, Tubefilter, CNN, Variety, The Mac Observer, The Verge, Business Insider, Graham Cluley, VentureBeat, MediaNama, Silicon Republic, SiliconANGLE, and Engadget
Tweets: @shanehuntley, @rosenbergerlm, @rosenbergerlm, @maryhui, @aaronmcn, @dellcam, @sarafischer, @rmac18, @rmac18, and @sarahfrier
| Chance Miller / 9to5Mac: |
Strategy Analytics: US users upgrade smartphones after 33 months, 7% plan to spend over $1K on their next purchase, biggest barrier to 5G phones will be price — Several reports in the past have linked the increasing prices of smartphones to lengthening iPhone upgrade cycles.
More:
Strategy Analytics …, Engadget, iMore, Android Authority, Gizchina, Phandroid, Geek.com, VentureBeat, Cult of Mac, and Android Central. Tweets: @mikeddano
| Raymond Wong / Mashable: |
Apple Card review: no annual fees, 3% cash back on purchases from Apple, gorgeous app interface but is iOS-only, can't pay bill on the web or from Android phone — Applying for Apple Card couldn't have been easier. All you have to do is sign up to get invited and then open up the Wallet app on your iPhone … | James Loke Hale / Tubefilter: |
Report: Facebook has pushed Instagram into doubling the number of ads since last year; Instagram is testing two back-to-back ads in Stories — Instagram is about to get even more ads. — Beginning this week, the platform is running a test with what it told AdWeek is a “small percentage” of users.
Source:
The Information. More:
The Interface, MSPoweruser, iPhone in Canada Blog, KnowTechie, and Silicon Republic
Tweets: @alexeheath, @mtsw, @thomashawk, @nickwingfield, @ashleyrgold, @coryweinberg, @reckless, @amir, and @jessicalessin
| Annie Palmer / CNBC: |
Google releases new community guidelines for employees, placing new restrictions on talking about politics on internal mailing lists and forums — KEY POINTS — Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.| Tony Wan / EdSurge: |
Educational robotic toymaker Sphero acquires littleBits, a maker of electronics building kits and instructional resources for kids — When Sphero laid off 45 employees in early 2018, the Boulder, Co.-based company explained the difficult decision as an effort to return its focus …
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The Verge, TechCrunch, CNET, Gizmodo, VentureBeat, and The Robot Report
| Mike Isaac / New York Times: |
Sources: Uber's $1 Safe Rides Fee, introduced in 2014, was devised primarily to add $1 of pure margin to each trip; court documents: the fee brought in ~$500M — The once-swaggering company is losing more money and growing more slowly than ever. What happened?
More:
Business Insider and The Verge
Tweets: @caseynewton, @mikeisaac, @mikeisaac, @2pasc, and @mikeisaac
| Ingrid Lunden / TechCrunch: |
Identity management company Ping Identity files for an IPO; it was sold to Vista Equity for ~$600M in 2016 and is said to be looking for a $2B to $3B valuation — Some eight months after it was reported that Ping Identity's owners Vista Equity had hired bankers to explore a public listing …
More:
PE Hub Blog and Crunchbase News
| Brian Krebs / Krebs on Security: |
Sources: new data dump of 5.3M+ credit card accounts is linked to compromised gas pumps, coffee shops, and restaurants operated by Hy-Vee supermarket chain — On Tuesday of this week, one of the more popular underground stores peddling credit and debit card data stolen from hacked merchants announced … | Lauren Debter / Forbes: |
A look at the life of Patrick Byrne, whose interests in blockchain and transforming Africa, among others, often overshadowed those of Overstock.com shareholders — On Thursday, Patrick Byrne, the founder and longtime CEO of former e-tailing giant Overstock.com, resigned … | CNBC: |
| Alison Frankel / Reuters: |
Oracle board committee recommends court to proceed with a shareholder lawsuit against Larry Ellison and Safra Catz over the $9.3B NetSuite acquisition in 2016 — (Reuters) - Shareholder derivative suits exist because corporate directors can't always be trusted to put aside their own interests …
More:
TechCrunch and Business Insider
Tweets: @patrickmoorhead, @adam_mansfield_, @polixenes13, and @skupor
| Brian Nordli / Built In Austin: |
Molecula, a data virtualization startup that says its tech allows ML algorithms to process large datasets 1,000 faster than traditional setups, raises $6M seed — Molecula's data virtualization platform processes data a thousand times faster than traditional methods, which is the kind of progress you can only make by accident.
More:
PR Newswire, Austin Business Journal, PE Hub Blog, and FinSMEs
| Stephen Nellis / Reuters: |
Appeals court stays an earlier ruling in FTC's suit against Qualcomm that would have required Qualcomm to renegotiate all of its existing chip and patent deals — (Reuters) - Qualcomm Inc won a partial stay against the enforcement of a sweeping antitrust ruling in a lawsuit brought …
More:
Bloomberg, Wall Street Journal, Mobile World Live, Seeking Alpha, and Law360
| Frederic Lardinois / TechCrunch: |
Google's Chrome team proposes new privacy and anti-fingerprinting open standard to make it harder for marketers and advertisers to track users across the web — Google today announced a new long-term initiative that, if fully realized, will make it harder for online marketers and advertisers to track you across the web.
More:
Freedom to Tinker, The Keyword, Chromium Blog, GitHub, Social Media Today, Neowin, Telecoms.com, BetaNews, The Next Web, IT PRO, The Hacker News, Fortune, Engadget, and PYMNTS.com
Tweets: @ashk4n, @firefox, @ashk4n, @1br0wn, @dannolan, @mtravizano, @justinschuh, @wilto, @wendyndavis, and @stshank
| Lauren Feiner / CNBC: |
HP says its CEO Dion Weisler will step down and Enrique Lores, president of HP's imaging, printing, and solutions business, will become new CEO from November 1 — KEY POINTS — HP CEO Dion Weisler will step down from the company “due to a family health matter,” HP announced Thursday.| Jordan Novet / CNBC: |
VMWare to acquire cybersecurity company Carbon Black for $2.1B and Pivotal for $2.7B — KEY POINTS — VMware is acquiring Carbon Black, a cybersecurity company that went public in 2018, the companies announce as part of VMware's quarterly earnings report.
More:
TechCrunch, VMware, Inc., GlobeNewswire News Room, cloudpro.co.uk, VMware, Inc., Dark Reading, Barron's Online, The Register, and SiliconANGLE. Tweets: @jordannovet
| Jon Brodkin / Ars Technica: |
Research covering two states, Missouri and Virginia, finds ~38% of rural homes and businesses that the FCC counts as having broadband access actually do not — The FCC likely counts millions of unserved homes as having broadband. — A new broadband mapping system is starting to show …
Tweets: @gretabyrum and @hypervisible
| Manish Singh / TechCrunch: |
Amazon buys a 49% stake in Future Coupons, which, filings show, may be worth ~$104M, giving Amazon a 3.58% stake in India's No. 2 retail chain Future Retail — Amazon, which has invested more than $6 billion in India's growing internet market, just invested a little more as it moves to expand …
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Business Standard, Market Realist, Quartz, Wall Street Journal, PaymentsSource, Bloomberg, Inc42 Media, PYMNTS.com, Moneycontrol, Livemint, and Seeking Alpha. Tweets: @bluegrasscap
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