Techmeme
February 26, 2020, 11:35 PM

Top News

Aaron Holmes / Business Insider:
Sources: Rajeev Misra, head of the $100B Vision Fund, is accused of sabotaging other SoftBank execs for career advancement; Misra and SoftBank deny the report  —  - Rajeev Misra, the head of SoftBank's $100 billion Vision Fund, is accused of overseeing a plan to lure SoftBank's then-president into a …
Mark Gurman / Bloomberg:
At Apple's shareholder meeting, Tim Cook says Apple will open its online store in India this year, with physical stores in 2021, and addresses COVID-19 concerns  —  - CEO hints wearables sales $40 billion; equal to Marriott, Visa  — Company plans to open retail stores in India next year
Sarah Perez / TechCrunch:
Online gaming platform Roblox raises $150M led by a16z's Late Stage Venture fund, reportedly at a $4B valuation; Roblox was valued at $2.5B+ as of last year  —  Online gaming platform Roblox, now home to 115 million largely Gen Z players per month, announced today it has raised $150 million …
Casey Newton / The Verge:
Q&A with Steven Levy on his new book, “Facebook: The Inside Story”, Instagram, interviewing Facebook executives, and the company's future after Mark Zuckerberg  —  A Q&A with the author of one of our mostly hotly anticipated books of 2020  —  People kept having the idea …
New York Times:
Several high-profile Instagram accounts switch to private to avoid scrutiny when posting sponsored content for Bloomberg's campaign  —  The Bloomberg campaign is putting out more memes on private Instagram accounts — and running faster than Facebook can keep up.
Michelle Cheng / Quartz:
Uber Eats head Jason Droege steps down and is replaced by VP Pierre-Dimitri Gore-Coty as the company exits some markets amid growing competition  —  Jason Droege, the head of Uber's food-delivery business Uber Eats, will be leaving the company.  —  In a Feb. 25 regulatory filing …
Aaron Harris / Y Combinator:
YC shares learnings across 190 Series A rounds, providing a term sheet that's the “fairest one possible”, an extensive Series A Guide, and more  —  We started YC's Series A Program two years ago to fix a problem faced by every startup raising an A: VCs understand how Series A's work and founders do not.
Betsy Swan / The Daily Beast:
Clearview AI, in a letter to customers, says an intruder accessed its client list and the number of searches clients conducted, but not their search histories  —  Clearview AI, which contracts with law enforcement after reportedly scraping 3 billion images from the web, now says someone got …
Dan Goodin / Ars Technica:
Bug in Cypress and Broadcom Wi-Fi chips meant billions of devices, many now patched, were left open to eavesdropping; Apple, Amazon, and others were affected  —  Cypress and Broadcom chip bug bit iPhones, Macs, Android devices, Echoes, and more.  —  SAN FRANCISCO — Billions of devices …
Nick Statt / The Verge:
Google adds five new languages to Translate, including Uyghur, Turkmen, and Tatar, its first additions in four years, bringing its total to 108  —  Five new languages for a total of 108  —  Google Translate is adding support for five new languages today, bringing its total to 108 languages.
Jordan Novet / CNBC:
Microsoft says it will likely miss its guidance for its More Personal Computing segment, which includes Windows, due to COVID-19's impact on its supply chain  —  Microsoft shares fell 2% on Wednesday after the company said it doesn't expect to meet the quarterly revenue guidance …
Charlie Savage / New York Times:
Declassified study: NSA system to analyze American domestic call and text logs cost $100M from 2015 to 2019 and yielded only one significant investigation  —  A disputed program that allowed the National Security Agency to gain access to logs of Americans' domestic calls and texts yielded …
Taylor Soper / GeekWire:
Jury convicts ex-Microsoft engineer of 18 felonies after he stole $10M in digital currencies from the company and used it to make extravagant purchases  —  A former Microsoft worker was convicted of 18 federal felonies after he stole $10 million worth of digital currency from his ex-employer …
Salesforce:
Salesforce says Keith Block has stepped down as co-CEO but will still advise Marc Benioff; Gavin Patterson named President and CEO of Salesforce International  —  Salesforce (NYSE: CRM) today announced that Keith Block has stepped down as co-CEO of Salesforce and Marc Benioff is Chair and CEO of the company.
Jordan Novet / CNBC:

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