Techmeme
June 12, 2018, 12:45 PM

Top News

Dan Primack / Axios:
Sources: e-scooter company Bird is seeking to raise ~$200M in new funding at a $2B valuation; just three months ago the startup raised at a $300M valuation  —  E-scooter company Bird is seeking to raise around $200 million in new funding at a $2 billion valuation, according to multiple sources.
Richard Nieva / CNET:
Congress releases Facebook's written responses to follow-up questions from Mark Zuckerberg's April testimony; Facebook says it received 2,000+ questions  —  Facebook CEO Mark Zuckerberg answered a lot of questions when he testified before Congress in April.
Josef Adalian / Vulture:
Inside Netflix's original content efforts as it spends $8B this year: “It's 70 percent gut and 30 percent data”, says Ted Sarandos  —  “What do you think about gas in the tank for the long term?” asks Cindy Holland, Netflix's vice-president of original content.
Josh Constine / TechCrunch:
Uber unveils Uber Lite, a low-data app just 5MB in size for developing markets that shows maps only on request, coming to India first  —  “The next hundreds of millions of riders for us are going to come from outside of the United States", Uber's head of rider experience Peter Deng tells me.
Ben Thompson / Stratechery:
Large funding rounds for Bird and Lime suggest strong economics, which means the potential for building moats for dockless scooter startups are relatively weak  —  As I understand it, the proper way to open an article about electric scooters is to first state one's priors …
Taylor Hatmaker / TechCrunch:
Instagram adds shopping tags directly into Stories, so now users can tap a shopping bag icon to learn more about buying a particular item  —  Instagram's shoppable tags are about to pop up in Stories.  The company first started testing the feature back in 2016 with a limited set of 20 partners.
More: CNBC and Engadget
Natasha Lomas / TechCrunch:
Swedish video-based call-a-doctor service Kry raises $66M Series B led by Index Ventures to finance further expansion in Europe  —  Swedish telehealth startup Kry has closed a $66 million Series B funding round led by Index Ventures, with participation from existing investors Accel, Creandum, and Project A.
Siobhan Hughes / Wall Street Journal:
Bipartisan group of senators move to stop Trump's deal to give ZTE a lifeline amid US export ban, by adding ZTE export ban as amendment to defense spending bill  —  White House sent top official to Capitol Hill to lobby against bipartisan effort to reverse pact to revive the Chinese telecommunications company
Robert Triggs / Android Authority:
USB Type-C has become a mess of compatibility issues, conflicting proprietary standards, and lacks sufficient consumer information to guide purchasing decisions  —  6.6K  —  USB Type-C was billed as the solution for all our future cable needs, unifying power and data delivery with display …
Jon Russell / TechCrunch:
Coinbase announces plans to add support for Ethereum Classic, a fork of the Ethereum token, in the coming months  —  Coinbase may be one of the most-lauded crypto exchanges, but it supports just four coins right now which is far fewer than most others.  That's about to change a little …
Alex Sherman / CNBC:
A look at how the AT&T-Time Warner ruling might affect companies across the media and telecom industries, including Verizon, Comcast, Sprint, and T-Mobile  —  - Media companies will lose larger telecommunications companies as theoretical buyers if a deal isn't approved.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:45 PM ET, June 12, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Jeff Grubb / VentureBeat:

Earlier Picks

Sean Lyngaas / Cyberscoop:
Makena Kelly / The Verge:
Sarah Perez / TechCrunch:
Doina Chiacu / Reuters: