Techmeme
June 3, 2019, 12:00 AM

Top News

Tony Romm / Washington Post:
Sources: FTC and DOJ have reached an agreement to divvy up antitrust oversight of Google and Amazon, putting Amazon under FTC's watch and Google under DOJ's  —  Antitrust regulators have divvied up oversight of Amazon and Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department.
Bloomberg:
Sources: Infineon nears deal to buy Cypress Semiconductor for $23-$24/share; the San Jose-based chipmaker had market cap of $6.5B and closed at $17.82 on Friday  —  - Transaction likely to value Cypress at $10 billion with debt  — German chipmaker could pay $23 to $24 per share for Cypress
More: Reuters
New York Times:
Boeing changed 737 Max's anti-stall software, which initially relied on two types of sensors, to rely on just one in the last version, without disclosing to FAA  —  SEATTLE — The fatal flaws with Boeing's 737 Max can be traced to a breakdown late in the plane's development, when test pilots …
Meir Orbach / CTech - 24/7:
PE firms Francisco Partners and Israel Growth Partners to acquire LiveU, an Israel-based developer of live broadcasting and streaming tech, for $200M  —  LiveU develops live broadcasting and streaming technologies negating the need for an outside broadcasting van, as the video is transmitted directly …
Benjamin Herold / Education Week:
US schools are hastily adopting programs for monitoring students' social media activity to improve safety, often with little regard for effectiveness or privacy  —  Last December, early on a Sunday morning, Amanda Lafrenais tweeted about her cats.  —  “I would die for you,” the 31-year old comic book artist from Clute, Texas wrote.
Adam Engst / TidBITS:
Apple's Dark Mode, despite marketing claims, is at odds with the science of human visual perception and affects productivity by making it harder to read text  —  Dark Mode is the marquee feature of macOS 10.14 Mojave.  Apple even gives it the top spot on the macOS product page, saying:
Tom Warren / The Verge:
YouTube, Snapchat, Gmail, Discord, and many other services were down throughout US during a major Google Cloud service outage, now resolved after 4+ hours  —  YouTube, Snapchat, Gmail, Nest, Discord, and a number of other web services suffered from major from outages in the US today.
Kyle Wiggers / VentureBeat:
Sitetracker, a project and physical asset management platform with clients like Alphabet and Verizon, raises $10M, extending the $24M Series B it raised in 2018  —  How does a telecom, retailer, or utility company keep tabs on multimonth projects spanning dozens or thousands of sites?
Associated Press:
US court sentences Phantom Secure CEO to nine years in prison for selling encrypted phones to criminals and routing encrypted text messages via overseas servers  —  SAN DIEGO (AP) — A Canadian man who sold encrypted Blackberry smartphones to criminals worldwide that enabled them to sell drugs …
Manish Singh / TechCrunch:
True Balance, a wallet app used in India's tier-two and tier-three markets, which has raised a total of $42M, says it now has ~60M users and $100M in GMV sales  —  Away from the limelight of urban cities, where an increasingly growing number of firms are fighting for a piece …

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.
Zoho:
Introducing AI Forms: Create optimized forms with AI in Zoho Forms  —  The future of form creation isn't coming, it's here.  Forget everything you thought you knew about building online forms.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
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.
Techmeme Ride Home:
Mon. 12/23 - The Revenge Of Google Glass?
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 12:00 AM ET, June 3, 2019.

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

Earlier Picks

Lucas Shaw / Bloomberg:
Kyle Wiggers / VentureBeat:
Saagar Enjeti / The Hill:
South China Morning Post: