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August 23, 2018, 9:00 AM
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Alex Stamos / Lawfare:
Alex Stamos, former Facebook CSO, says 2016 failures still weigh on him, warns US elections risk becoming “World Cup of information war” without better security  —  In the swirl of news this week, it would be easy to miss recent announcements from two of America's largest …
Raymond Zhong / New York Times:
Australia bans Huawei and ZTE from providing 5G equipment to support the country's new telecom networks, citing risks of foreign interference and hacking  —  BEIJING — The fog of cyberespionage concerns surrounding Huawei has for years kept the Chinese technology giant largely out of the United States.
Ari Levy / CNBC:
Apple pulls Facebook's Onavo VPN app from the App Store, says that apps should not collect information about other installed apps for the purposes of analytics  —  - Facebook acquired Israeli security app developer Onavo in 2013 and has used it to offer consumers access to a virtual private network.
Jez Corden / Windows Central:
Sources: Microsoft to unveil “Xbox All Access”, a contract-based US monthly subscription offering an Xbox One, Xbox Live, and Xbox Game Pass, later this month  —  We've heard Microsoft is soon planning to debut a new contract-based monthly subscription service dubbed “Xbox All Access …
Ime Archibong / Facebook:
Facebook says it has suspended 400+ apps since launching investigation into app data use, including myPersonality, which may have misused data of 4M+ users  —  Today we banned myPersonality — an app that was mainly active prior to 2012 — from Facebook for failing to agree to our request …
Bloomberg:
Source: autonomous driving startup Zoox, valued at $3.2B, dismisses CEO and co-founder Tim Kentley-Klay, names co-founder and CTO Jesse Levinson president  —  - Co-founder Jesse Levinson will become company president  — Zoox just raised $500 million, at a $3.2 billion valuation
Peter Kafka / Recode:
Dan Rose, Facebook's VP of partnerships who led deals such as its Instagram buy, leaving in Feb.; sources: Facebook has likely identified replacement internally  —  It's the second big-deal Facebook departure this summer.  —  Dan Rose, a top Facebook executive who oversaw …
CoinDesk:
SEC rejects nine bitcoin-backed ETF proposals from ProShares, Direxion, and GraniteShares, weeks after rejecting a proposal from the Winklevoss twins  —  The Securities and Exchange Commission (SEC) has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from both ProShares and Direxion.
Kirsten Korosec / TechCrunch:
Mobile data-driven car insurance startup Root Insurance raises $100M Series D led by Tiger Global Management, at a $1B valuation  —  Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led of Tiger Global Management …
Anthony Ha / TechCrunch:
Latch, an NYC-based startup that makes keyless lock systems for apartments, raises $70M Series B led by Brookfield Ventures  —  Latch announced this morning that it has raised $70 million in Series B funding.  —  The round was led by Brookfield Ventures, the investment arm of Brookfield Asset Management.
Catherine Cadell / Reuters:
Alibaba's Q1 revenue beats estimates, rises 61% YoY to ~$12.2B, but net income falls 41% YoY to ~$1.27B  —  BEIJING (Reuters) - Alibaba Group Holding Ltd (BABA.N), the world's biggest online retailer, said on Thursday first-quarter revenue rose 61 percent, beating analysts' estimates, driven by growth in its core e-commerce business.

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From Mediagazer

John Koblin / New York Times:
NBC names Craig Melvin as Hoda Kotb's successor on Today, teaming up with Savannah Guthrie, starting January 13; Melvin has been Today's news anchor since 2018

Christopher Grimes / Financial Times:
Analysts say Netflix's live boxing match Friday night between Mike Tyson and Jake Paul is designed to get new subscribers, particularly on its ad-supported tier

E.J. Dickson / The Cut:
Some lifestyle social media influencers, especially prominent wellness figures, publicly announce their support for Trump as fear of losing brand deals fades

More News

Earlier Picks

Sarah Frier / Bloomberg:
Inside Snap's “Council” where employees discuss their inner thoughts, and Evan Spiegel's attempts at self-improvement after company's DAU decline
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