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March 21, 2018, 3:45 PM
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memeorandum
WeSmirchTop News
| Mark Zuckerberg: |
Zuckerberg says Cambridge Analytica breached Facebook's trust, which caused Facebook to break users' trust, and vows to prevent it from happening again — I want to share an update on the Cambridge Analytica situation — including the steps we've already taken and our next steps to address this important issue.
More:
CNNMoney, The Verge, CNBC, Axios, BBC, and BBC
Tweets: @lanceulanoff, @danprimack, @reckless, @dylanbyers, @backlon, @ashleyfeinberg, @taylorlorenz, @robaeprice, and @tonyromm
| Facebook: |
Facebook to audit apps with extended data access in 2014 and earlier, ban developers refusing audit, inform users of misuse, revoke permissions for unused apps — Protecting people's information is the most important thing we do at Facebook. What happened with Cambridge Analytica was a breach of Facebook's trust.
More:
NBC News and TechCrunch
| Casey Newton / The Verge: |
Brian Acton, who cofounded WhatsApp, which was acquired by Facebook for $16B, tweeted “It is time. #deletefacebook” — Facebook bought his app for $16 billion — In 2014, Facebook bought WhatsApp for $16 billion, making its co-founders — Jan Koum and Brian Acton — very wealthy men.
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Washington Post, CNNMoney, Mashable, Quartz, Business Insider, Forbes, San Francisco Chronicle, International Business Times, Socialnomics, Fortune, Colin Walker, CNBC, Mercury News, BGR, TechSpot, Softpedia News, MSPoweruser, Android Authority, Cult of Mac, Ubergizmo, BGR India, The Guardian, Newser, SlashGear, NBC Bay Area, Deadline, Firstpost, The Next Web, iPhone Hacks, Pocket-lint, and Seeking Alpha
Tweets: @jayrosen_nyu and @jason_kint
| Wired: |
With the storm over user data misuse intensifying into a hurricane, Facebook now faces several vexing questions about its opaque privacy practices — Two weeks ago, Facebook learned that The New York Times, Guardian, and Observer were working on blockbuster stories based on interviews with a man named Christopher Wylie.
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New York Times, Bloomberg, Recode, James Allworth, TheStreet, 9to5Mac, The Guardian, AdExchanger, USA Today, Bloomberg, Pund-IT, Hacker Noon, Motherboard, Washington Post, Digital Trends, CNBC, Quartz, Mashable, Adweek, Marketing Land, Tech Times, BuzzFeed, Mashable, CNBC, The Atlantic, The Next Web, Firstpost, Inquirer, Wall Street Journal, Business Insider, Silicon Republic, MacDailyNews, Dallas Morning News, and Gigaom. Tweets: @digiday
| Matthew Yglesias / Vox: |
Zuckerberg and other executives are in denial: Facebook is not a force for good, having helped destroy industries and break societies, and should be shuttered — It's not just about privacy; its core function makes people lonely and sad. — Facebook is enmeshed in another controversy …
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Wall Street Journal, Techdirt, Techdirt, Politico, and The Guardian
Tweets: @martinsfp, @damonlinker, @b_resnick, @douthatnyt, @bradplumer, @mattyglesias, @reckless, @p_evans, and @binarybits
| Paul Ford / Bloomberg: |
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MIT Technology Review, Reuters, The Guardian, BBC, Quartz, CNBC, Axios, Politico, and Firstpost
Tweets: @jonathantaplin and @digiphile
| Washington Post: |
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Axios, Vox, Politico, CNNMoney, NPR, Fortune, CNNMoney, The Verge, Fortune, Mashable, Marketing Land, Channel 4 News, The Hill, and Slate. Tweets: @trickfreee
| Ingrid Lunden / TechCrunch: |
Sources: Google is buying Lytro, the imaging startup that uses its light field tech in VR, for about $40M; one source describes deal as an “asset sale” — Last week, Google showed off a new app to display immersive photography in virtual reality, and a multi-camera technique for capturing it …
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Ars Technica, Android Authority, CNET, Android Police, Imaging Resource News Page, Android Beat, TalkAndroid.com, Engadget, SlashGear, ExtremeTech, Digital Photography Review, Patently Apple, Photo Rumors, Inquirer, TechSpot, ValueWalk, UploadVR, Mashable, Fortune, Android Central, Silicon Valley Business …, Neowin, Ubergizmo, 9to5Google, and Seeking Alpha
Tweets: @teddyschleifer and @lucasmtny
| David Meyer / Fortune: |
The European Commission proposes a 3% tax on EU revenues of companies with global annual revenues of €750M+, like Google, Facebook, and Amazon — The European Commission wants to see big tech firms pay a 3% tax on some of their revenues. This is a major break from the traditional way of calculating tax based on profits.
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EU Press Room, CNET, Reuters, The Verge, Taxation and Customs Union, AppleInsider, Inquirer, FOSS Patents, Cult of Mac, Out-Law News, TheStreet, PYMNTS.com, Bloomberg, Engadget, Telegraph, VentureBeat, CNBC, and MIT Technology Review
Tweets: @eu_commission and @eu_commission
| Jenny Brewer / It's Nice That: |
Netflix unveils its own custom typeface, Netflix Sans, to be used globally; brand design lead says it will save millions of dollars per year in licensing costs — Netflix has unveiled a new custom typeface to be used across the streaming platform's brand identity, developed by the in-house design team …
More:
The Verge, The Next Web, Engadget, Adweek, and TAXI Daily News
Tweets: @david_sizemore and @stephen_neal
| Wall Street Journal: |
Sources: Apple executive Jimmy Iovine will transition into a consulting role in August and step back from daily involvement with Apple Music — The music executive and Beats co-founder will step back from daily involvement with Apple's streaming-music business
More:
iMore, Macworld, The Verge, TechCrunch, iPhone Hacks, Billboard, MacRumors, Patently Apple, Engadget, iLounge, AppleInsider, SlashGear, Cult of Mac, Ubergizmo, Mashable, 9to5Mac, AppAdvice.com, iPhone in Canada Blog, Seeking Alpha, and MacDailyNews. Tweets: @kerrymflynn
| Dan Goodin / Ars Technica: |
15-year-old hacker exposes vulnerability in popular “tamper-proof” Ledger hardware cryptocurrency wallets that have sold by the millions — Backdoor allows attacker to recover private keys stored on Ledger hardware wallets. — For years, executives at France-based Ledger …
More:
Saleem Rashid, TechCrunch, The Next Web, BBC, Quartz, Boing Boing, NewsBTC, Cointelegraph.com News, Ledger, and The Next Web. Tweets: @whalepool
| Lucas Shaw / Bloomberg: |
Google's global head of music, Lyor Cohen, says YouTube will start putting more ads in between music videos to encourage subscriptions to upcoming music service — It's a cultural change for a company that was built on free — YouTube will increase the number of ads that some users …
More:
MacRumors, The Verge, Engadget, Gizmodo, Variety, 9to5Google, Cult of Mac, SlashGear, Seeking Alpha, and TechSpot
Tweets: @katie_martin_fx, @lucas_shaw, and @lucas_shaw
| Raymond Wong / Mashable: |
Privacy bug in iOS lets Siri read out hidden content from third-party app notifications on lock screens — On iOS 11, Apple introduced a new way to protect user privacy by letting you hide the contents of your notifications on your iPhone's lock screen until you unlock the device with Touch ID or Face ID.
More:
9to5Mac, Gizmodo, The Verge, iPhone Hacks, MacRumors, BGR, iPhone in Canada Blog, iDownloadBlog.com, iLounge, Softpedia News, and InvestorPlace. Tweets: @zackwhittaker
| Paul Sawers / VentureBeat: |
Facebook Messenger adds admin privileges to group chats, letting admins approve new members, and “joinable links” that can be created by anyone — Despite the growing controversy around the Cambridge Analytica data privacy allegations, Facebook is pushing those concerns …
More:
Facebook, Engadget, iMore, SlashGear, MacRumors, Fast Company, Ubergizmo, and TechCrunch
| David Streitfeld / New York Times: |
A look at Facebook's 59-acre Willow Village development in Menlo Park, with 1,500 apartments and other amenities, as it follows in Apple and Google's footsteps — In Menlo Park, Calif., Facebook is building a real community and testing the proposition: Do people love tech companies so much they will live inside them?
Tweets: @bendwalsh, @davethackeray, @ssstrom, @kevinroose, and @williamturton
| Reuters: |
Sources and docs detail Kaspersky Lab's plans for a data center in Switzerland, to be completed by early 2020, to handle analysis of files from EU and US users — MOSCOW/TORONTO (Reuters) - Moscow-based Kaspersky Lab plans to open a data center in Switzerland to address Western government concerns … | Rita El Khoury / Android Police: |
Amazon's in-home delivery service app Key adds fingerprint authentication support on Android — Amazon's Key in-home delivery service was announced last October and its cameras and smart door locks became available in November. Since then, Amazon has been able to use Key to place …
More:
The Verge, Ubergizmo, and TechCrunch
| Simon Shuster / TIME: |
Investigation finds Russian businessmen and senior Kremlin advisers secretly helped Venezuela launch its Petro cryptocurrency, aimed at eroding US sanctions — President Donald Trump may not have realized on Monday that his executive order would step on Russia's toes.
More:
The Verge, PaymentsSource, Coingeek, CBC News, Congresswoman Ileana …, and CCN
Tweets: @nathanielpopper, @ianbateson, @senbillnelson, and @shustry
| Abner Li / 9to5Google: |
Google announces new security features for Google Cloud Platform and G Suite, including new DDoS protections, dashboard, and increased data transparency — The enterprise is one area where Google is committing vast resources in order to gain a foothold in the lucrative market occupied by Amazon and Microsoft.
More:
The Keyword, ZDNet, Gizmodo, CNET, Google Cloud Platform Blog, SiliconANGLE, The Keyword, Wired, GeekWire, and TechCrunch
| Paul Sawers / VentureBeat: |
Pandora to acquire digital audio ad tech company AdsWizz for $145M; at least 50% to be paid in cash, with the remainder payable in cash or stock — Music streaming company Pandora has announced a rare foray into acquisitions today with the news that it has snapped up ad-tech startup AdsWizz.| Alex Konrad / Forbes: |
Omidyar Network spins out its for-profit investments into new $100M fund called Spero Ventures, investing primarily in Series A and seed deals — Shripriya Mahesh was a week from presenting to the board at Omidyar Network about the future of their startup investments last year when she got … | Johana Bhuiyan / Recode: |
Travis Kalanick becoming CEO of City Storage Systems, which focuses on repurposing real estate, and says his new fund is acquiring a $150M controlling interest — The company was formerly called CloudKitchens and was led by Diego Berdakin, an early Uber investor. — Former Uber CEO Travis Kalanick has found his new job.
More:
Silicon Valley Business …, Business Insider, PYMNTS.com, Fortune, Bloomberg, and Axios
Tweets: @travisk, @dkhos, @jamestitcomb, @miten, and @mgsiegler
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