Techmeme
June 22, 2018, 10:20 AM

Top News

Neal Mohan / YouTube Blog:
YouTube announces $4.99/mo Channel Memberships for eligible channels with 100K+ subscribers, Teespring merchandising, and Premieres to debut pre-recorded videos  —  I just stepped off the stage at VidCon, a conference created from scratch by Hank and John Green in 2010 that brings together fans …
Julia Carrie Wong / The Guardian:
Martin Tripp denies Tesla's hacking allegations, says he reported production problems to the press after Tesla repeatedly ignored them, did not threaten anyone  —  The electric carmaker is suing a former technician for alleged hacking, but he says he's being scapegoated for leaking concerns
Paul Mozur / New York Times:
Inside the alleged heist of chip designs from US-based Micron by Taiwanese company UMC, which was hired by a Chinese company to help with memory chip factory  —  JINJIANG, China — With a dragnet closing in, engineers at a Taiwanese chip maker holding American secrets did their best to conceal a daring case of corporate espionage.
Sarah Perez / TechCrunch:
After the acquisition, Twitter immediately shut down access to Smyte's API deserting its existing customers, who were using its anti-abuse and anti-fraud tools  —  Twitter today announced it was acquiring the “trust and safety as a service” startup Smyte to help it better address issues related …
Kyle Wiggers / VentureBeat:
Microsoft launches the mobile version of its Bing Visual Search, a Google Lens-like image recognition tool, on iOS and Android  —  A keyboard isn't necessarily the fastest way to find cat pictures — or furniture, for that matter.  Today, Microsoft's Bing launched a mobile version …
Sara Salinas / CNBC:
Intel CEO Brian Krzanich to step down following an investigation into a consensual relationship with an Intel employee; Bob Swan to step in as interim CEO  —  Intel's Brian Krzanich is out as CEO and chairman of the board following an investigation into a “consensual relationship with an Intel employee,” the company announced Thursday.
Ingrid Lunden / TechCrunch:
PayPal to buy Simility, a specialist in AI-based fraud and risk management, for $120M in cash; Simility had raised about $25M and was last valued at $52.75M  —  Payment provider PayPal continues apace with its acquisitions streak to bring more modern tools into its platform to serve its 237 million customers.

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