Techmeme
June 2, 2016, 6:35 AM

Top News

New York Times:
Uber raises $3.5B from Saudi Arabia's Public Investment Fund, will add managing director of the fund to its board  —  SAN FRANCISCO — In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of cash from a single investor.
Benjamin Mayo / 9to5Mac:
Sources: Apple preparing new external 5K display as current model goes out of stock, may feature integrated GPU, could be announced at WWDC  —  The current $999 (!) Thunderbolt Display is showing its age to put it mildly, now significantly overshadowed by Retina MacBooks and iMacs in terms of screen resolution and quality.
Mary Meeker / KPCB:
Meeker report: global internet users surpass 3B but adoption rate flat except in India; voice assistants' word accuracy, latency, usage rates continue improving  —  The 2016 edition of Mary Meeker's annual Internet Trends report covers today's Internet growth and an in-depth look at the following:
David Streitfeld / New York Times:
Intel CEO Brian Krzanich planned, then cancelled, a Thursday night fund-raiser for Donald Trump; Trump to hold rally in San Jose instead  —  PALO ALTO, Calif. — Donald J. Trump would not be Silicon Valley's first choice as president.  Or its second.  Or maybe even its third.
Mike Murphy / Quartz:
Facebook announces Deep Text, an AI engine to understand meaning and sentiment behind posts, so the platform's content can be categorized, searched effectively  —  Today, Facebook announced Deep Text, an AI engine it's building to understand the meaning and sentiment behind all of the text posted by users to Facebook.
Nick Bilton / Vanity Fair:
A look inside Twitter since Jack Dorsey's return, amid growth issues, high churn, sliding stock, including how Evan Williams pitched Medium to Twitter for $500M  —  Less than a year into his return as C.E.O., one thing is clear: the company's fortunes are indelibly tied to those of its controversial co-founder.
Noah Kulwin / Recode:
Bloomberg hires Mark Gurman to cover consumer electronics starting this summer  —  Gurman graduated college last month.  —  Over the last few years, Mark Gurman has made a name for himself as the go-to guy for Apple product scoops.  And now he's taking his talents to Bloomberg.
Sarah Perez / TechCrunch:
Google's My Account will now help both iOS and Android users find their lost phones  —  Google has announced an update to its “My Account” service launched last year which will now include a feature that helps users find their lost or stolen phone.  You'll soon be able to find this new option …
Frederic Lardinois / TechCrunch:
CoreOS launches Torus, a new open source distributed storage system  —  CoreOS today announced the launch of Torus, its latest open source project.  Just like CoreOS's other projects, Torus is all about giving startups and enterprises access to the same kind of technologies that web-scale companies like Google already use internally.

Sponsor Posts

Microsoft:
Ariela Suster expands her mission of violence prevention  —  Entrepreneur takes tech to the next level giving men in El Salvador an alternative to gangs.
eero:
eero data report  —  Read about trends in connected device adoption, usage patterns and behaviors from 10 major metropolitan areas.
Intercom:
From signed up to satisfied  —  Getting new users is easy; keeping them is hard.  Join Intercom co-founder Des Traynor as he explains how to bridge the gap between a company's initial traction and sustained success.
Zoho:
Zoho Docs — better documentation for enhanced patient care  —  “A hospital in Rhode Island performed three brain surgeries on the wrong side of the brain in less than a year.”  -NBC News
Worldpay:
Join us at the Web Executive Forum on Nov 8th  —  We're moderating an awesome panel on the future of web payments.  See the full event agenda and register here.
 

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