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July 3, 2018, 10:15 PM
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memeorandum
WeSmirchTop News
| Bloomberg: |
Sources: Uber and Careem are in preliminary talks to combine their Middle Eastern ride hailing services — - Uber seeks majority stake in Middle Eastern rival, sources say — Careem is raising money at a reported $1.5 billion valuation — Uber Technologies Inc. and Careem Networks FZ …
More:
SiliconANGLE and Reuters
| Jacob Kastrenakes / The Verge: |
US provides ZTE temporary authorization through August 1 to continue supporting equipment and consumer devices already deployed — So it can update phones and other equipment — The US Commerce Department has temporarily lifted a portion of the ban on ZTE that all-but shut down the company almost three months ago.
More:
US Department of Commerce, Bloomberg, The Register, Gizmodo, Reuters, Engadget, The Hill, BGR, SiliconANGLE, CNET, and Android Central
| Nat Levy / GeekWire: |
Amazon expands its checkout-free Amazon Go retail concept with a second, larger store, also in Seattle, which it says will open in fall 2018 — Amazon is expanding its checkout-free Amazon Go retail concept with another location in the company's backyard, GeekWire has learned.| Jillian D'Onfro / CNBC: |
Google says Cloud COO Diane Bryant has left the company, less than a year after joining from Intel, where she had been for 32 years — Google Cloud chief operating officer Diane Bryant has left the company after less than a year. — “We are grateful for the contributions she made while at Google … | Sarah Frier / Bloomberg: |
Facebook's political ads disclosure rules algorithm blocks ads for lawn-mowing, waxing salons, Walmart, and more that use the words “bush” and “Clinton” — Blaine Simons last month paid Facebook to run an ad for his lawn-mowing company, Al Mowit, in Rapid City, South Dakota.
More:
Digiday, USA Today, and The Hill
Tweets: @sarahfrier, @jekeep, @issielapowsky, @ericgeller, @xayelet, @cwarzel, @deaneckles, @cczona, and @starsandstripes
| Rhett Jones / Gizmodo: |
On Tuesday, Wikipedia Italy set all of its pages to redirect to a statement protesting a July 5 EU Parliament initial vote on changes to copyright law — Last month, members of European Parliament voted to move forward with a sweeping overhaul of the European Union's copyright laws that critics …
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BBC, Personanondata, The Local, RT, Plagiarism Today, YouTube, DW.COM, Indivigital, The Register, and Prague Monitor
| Sankalp Phartiyal / Reuters: |
India's IT ministry asks WhatsApp to curb spread of false messages, saying the service “cannot evade accountability” for misinformation that has led to killings — MUMBAI (Reuters) - India has asked Facebook Inc-owned WhatsApp messenger to take steps to prevent the circulation … | Sam Levin / The Guardian: |
In trial against Six4Three, Facebook argues it's a publisher with the free speech right to take away access to data but also claims protection under Article 230 — In its defense against a former app startup, Facebook is contradicting its long-held claim to be simply a neutral platform| Sarah Perez / TechCrunch: |
App Annie: Clash of Clans, the App Store's most-downloaded game, earned $4B+ from July 2010 to May 2018; Facebook, the most-downloaded app, had 700M downloads — Ahead of the 10th anniversary of the iOS App Store on July 11, App Annie has today released a retrospective of the top iOS apps of all time …
More:
Pocket Gamer.biz, TechSpot, BGR, 9to5Mac, Axios, Business Insider, and VentureBeat. Tweets: @axios
| Bloomberg: |
A Chinese court temporarily bans Micron chip sales in the country, with patent ruling in favor of Taiwanese rival UMC; Micron says no injunction has been served — A Chinese court temporarily banned Micron Technology Inc. chip sales, cutting the U.S. company off from the world's largest …
More:
SiliconANGLE, UMC, CNBC, Investor's Business Daily, CNBC, and CNBC
| Jon Russell / TechCrunch: |
Melbourne-based international payments startup Airwallex raises $80M Series B led by Tencent and Sequoia China — Airwallex, a three-year-old fintech startup focused on international payments for SMEs and businesses, is putting itself on the map after it raised an $80 million Series B round.| Sarah Perez / TechCrunch: |
PayPal sells ~$7.6B in consumer credit receivables to Synchrony, its partner for PayPal branded credit cards, extends exclusive CC partnership until 2028 — In November 2017, PayPal announced it had agreed to sell $5.8 billion in consumer credit receivables to Synchrony Financial …
More:
MarketWatch and PYMNTS.com
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