Techmeme
May 20, 2020, 10:15 AM

Top News

Salvador Rodriguez / CNBC:
Mark Zuckerberg announces Facebook Shops, a free tool that helps businesses easily list products on their Facebook Page, Instagram profile, Stories, or in ads  —  - Facebook CEO Mark Zuckerberg announced Facebook Shops, a new e-commerce feature that allows businesses to easily list their products on Facebook and Instagram.
Kyle Wiggers / VentureBeat:
Facebook details the AI behind its shopping experiences, accounting for consumer traits like body type, skin tone, location, socioeconomic class, age, and poses  —  Facebook today announced improvements to the shopping experiences across its platform, including Facebook Shops …
Manish Singh / TechCrunch:
Indian ride-hailing company Ola says it is cutting 1,400 jobs, or 35% of its workforce in the country, as revenue dropped by 95% in the last two months  —  Ola said on Wednesday it is cutting 1,400 jobs in India, or 35% of its workforce in the home market, as the ride-hailing firm works …
Casey Newton / The Verge:
Productivity tool Notion's free tier gets unlimited notes and blocks  —  There's never been a better time to check out the collaborative note-taking app  —  Notion, the workspace and note-taking app, just became much more appealing to individual users.  The company said today that people …
Emil Protalinski / VentureBeat:
Microsoft announces Project Reunion, its latest attempt to unify the Windows developer platform by reducing fragmentation between Win32 and UWP APIs  —  At Build 2020 today, Microsoft unveiled Project Reunion, its latest attempt to unify the Windows developer platform by reducing fragmentation …
Tom Warren / The Verge:
Tom Warren / The Verge:
Taylor Lyles / The Verge:
Sony says PlayStation Now has 2.2M subscribers and PlayStation Plus has 41M+ subs; Xbox Game Pass had 10M subs and Xbox Live had 90M active users in April  —  PlayStation Plus has amassed over 41 million subscribers, too  —  Sony says 2.2 million people are subscribed to PlayStation Now …
Charlotte Tucker / EU-Startups:
Helsinki-based Happeo, which offers intranet, enterprise social network, and collaboration software to companies, raises €10.9M Series A led by INKEF Capital  —  Today Finnish startup Happeo, an employee communications platform, announces having raised approximately €10.9 million …
Sara Fischer / Axios:
NYT says it will stop using third-party data to target ads in 2021, building a first-party data platform instead, starting with 45 proprietary audience segments  —  The New York Times will no longer use 3rd-party data to target ads come 2021, executives tell Axios, and it is building out a proprietary first-party data platform.
Nick Corasaniti / New York Times:
Profile of the founders of Occupy Democrats, who run a Facebook page employing meme tactics for the left, regularly outperforming pages for Trump and Fox News  —  Occupy Democrats, a Facebook page that Rafael and Omar Rivero started eight years ago, has emerged as a counterweight to right-wing meme machines.
Ashley Carman / The Verge:
Joe Rogan's podcast, which he said had ~190M downloads/month in 2019, will become a Spotify exclusive this year; his YouTube will no longer have full episodes  —  A massive gain for the platform  —  Joe Rogan, comedian and host of one of the most popular podcasts in the world, is taking his show to Spotify.
Reuters:
Xiaomi beats estimates with Q1 revenue of $7B, up 13.6% YoY, thanks to sales of its higher-priced 5G models in China as well as growing sales overseas  —  SHANGHAI (Reuters) - Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates, as the Chinese smartphone maker sold …
Brian Merchant / OneZero:
Google says it won't “build custom AI/ML algorithms to facilitate upstream extraction in the oil and gas industry”, after new Greenpeace report on Big Oil ties  —  A Greenpeace report details Silicon Valley's ties to Big Oil — and spurs Google to take a step toward opting out
Eudora Wang / DealStreetAsia:
Chinese fitness app Keep raises $80M Series E at a $1B valuation led by Jeneration Capital Management  —  Chinese fitness app Keep has become the country's first sports tech startup to achieve a $1 billion valuation after raising an $80 million Series E funding round led …
Tweets: @ruima
Manish Singh / TechCrunch:
Khatabook, which helps small Indian businesses digitize bookkeeping and accept payments online, raises $60M led by B Capital; source: startup valued at ~$300M  —  Khatabook, a startup that is helping small businesses in India record financial transactions digitally and accept payments online with an app …
Munsif Vengattil / Reuters:
Canada's competition watchdog says it fined Facebook C$9M after an investigation found FB made “misleading” claims about how it shared Canadians' personal info  —  (Reuters) - Canada's competition watchdog said on Tuesday it had fined Facebook Inc (FB.O) C$9 million ($6.5 million) …
Kyle Wiggers / VentureBeat:
Microsoft says it acquired Windows task automation startup Softomotive for an undisclosed sum, merging its tools with Microsoft's Power Automate  —  Microsoft today announced that it acquired robotic process automation (RPA) startup Softomotive for an undisclosed sum.

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EJ Dickson / Rolling Stone:
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Earlier Picks

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The Verge:
David Meyer / Fortune: