Techmeme
September 27, 2018, 10:45 AM

Top News

Kashmir Hill / Gizmodo:
Study: Facebook lets ads target your account using info given for security purposes, like your phone number, as well as info from your friends' address books  —  Last week, I ran an ad on Facebook that was targeted at a computer science professor named Alan Mislove.
Amazon US Day One Blog:
Amazon announces Amazon 4-star, a physical store that only sells items rated four stars and above with discounts for Prime members, with the first in NYC  —  Peek inside our newest store, inspired by our customers.  —  Tomorrow, we're opening Amazon 4-star, a new physical store where everything …
Lucas Matney / TechCrunch:
Oculus announces the standalone Oculus Quest, shipping next spring for $399 with touch controllers and 50+ games at launch  —  Opening up the Oculus Connect 5 keynote with some announcements, Facebook CEO Mark Zuckerberg announced that its newest headset, called Oculus Quest …
David Marcus / Facebook:
David Marcus responds to Brian Acton's interview, defending Zuckerberg and his protection of WhatsApp within Facebook, says Acton's attack was “low-class”  —  [Disclaimer: no one at Facebook asked me to post this.  I just had to do it.  And these are my personal views exclusively.]
CoinDesk:
Crypto mining company Bitmain files for Hong Kong IPO; draft filing shows $2.8B in revenue as of June 30 and $422.05M raised in funding round that ended Aug. 7  —  Bitmain, the Beijing-based cryptocurrency mining giant, has officially filed an application to go public on the Hong Kong Stock Exchange (HKEX).
David Stringer / Bloomberg:
Unnamed Australian teenager sentenced to eight months probation for breaching Apple's systems; investigators recovered 1TB of sensitive info copied from Apple  —  - Youth found accessing Apple networks addictive, court hears  — Customers' data wasn't compromised by the attacks, Apple says
Bloomberg:
SoftBank's Vision Fund has already committed $65B; Masayoshi Son says that he plans to raise a new $100B fund every two or three years and spend ~$50B per year  —  The Japanese dealmaker says he'll raise a new $100 billion fund every few years.  Silicon Valley's disruptors are struggling to keep up.
Bryan Menegus / Gizmodo:
Amazon's anti-union tactics revealed in leaked 45-minute video that it sent to team leaders at Whole Foods; Amazon says Gizmodo “cherry-picked soundbites”  —  Amazon, the country's second-largest employer, has so far remained immune to any attempts by U.S. workers to form a union.
Connie Loizos / TechCrunch:
Home-flipping startup Opendoor raises $400M from SoftBank's Vision Fund, source says at a $2B+ valuation  —  It's official.  Two weeks ago, we reported that Opendoor — the four year-old, San Francisco-based company aiming to make it possible to buy and sell residential real estate …
Amir Efrati / The Information:
Sources: Lyft's revenue more than doubled in the first half of 2018 to $909M but its net loss grew 46% to $373M  —  Lyft appears to be getting better at controlling its costs.  —  The ride-hailing firm more than doubled revenue to $909 million in the first half of 2018 compared with a year earlier …
Kate Rooney / CNBC:
Leaders from the cryptocurrency industry, Wall Street, and venture capital firms ask Congress for clearer regulations amid fears of innovation heading overseas  —  - Leaders from the cryptocurrency industry, Wall Street and venture capital firms met lawmakers in Washington Tuesday …
Austin Carr / Bloomberg:
Iowa's attorney general says Uber will pay $148M to settle claims from all 50 states related to its 2016 data breach that exposed info of 25M+ US users  —  Uber Technologies Inc. will pay $148 million to settle claims related to a large-scale data breach that exposed the personal information …
Ashlee Vance / Bloomberg:
Stripe CEO Patrick Collison says the company has raised $245M at a $20B valuation, up from $9B in November 2016  —  The famed Silicon Valley venture capitalist Reid Hoffman often says that his biggest investing whiff was passing on Stripe Inc. As each year ticks by, it's becoming easier …
Steve Blank:
A look at how the Apple Watch is poised to disrupt the highly regulated healthcare industry and what diagnostics and screening apps Apple may add in the future  —  I don't own an Apple Watch.  I do have a Fitbit.  But the Apple Watch 4 announcement intrigued me in a way no other product has since the original IPhone.

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Supercharge Your CRM with an AI Agent  —  This is a guest blog by Chatsimple.Your CRM helps you manage leads and identify sales opportunities.  But sometimes you may find yourself dealing with a dry sales pipeline …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
OpenAI's CPO on how AI changes must-have skills, moats, coding, startup playbooks, more | Kevin Weil (CPO at OpenAI, ex-Instagram, Twitter)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Logan Bartlett Show:
Keith Rabois and Zach Weinberg Debate: Are Tariffs a Smart Economic Weapon?
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Techmeme Ride Home:
Instagram iPad App But For REAL This Time?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Social Radars:
Ron Conway, Founder, SV Angel (Part 3)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Channels with Peter Kafka:
NYT publisher AG Sulzberger on Trump, OpenAi and the economy
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Spotlight On:
Corelight's Brian Dye on What He's Learned About Scaling
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:45 AM ET, September 27, 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

Greg Bensinger / Wall Street Journal:

Earlier Picks

Zack Whittaker / TechCrunch:
Kim Zetter / New York Times:
Nikhilesh De / CoinDesk: