Techmeme
April 11, 2017, 3:55 PM

Top News

Josh Constine / TechCrunch:
Instagram Direct now combines ephemeral messages with permanent messages in the same threads; Facebook says Direct now has 375M MAUs, up from 300M in Nov. 2016  —  After successfully cloning Snapchat Stories, Instagram is looking to one-up its competitor in chat with a reimagining …
Dan Goodin / Ars Technica:
Microsoft Word exploit that bypasses Windows safeguards has been sent to millions to push Dridex bank fraud malware  —  Blast could give a boost to Dridex, one of the Internet's worst bank fraud threats.  —  Booby-trapped documents exploiting a critical zero-day vulnerability in Microsoft Word …
Eileen Naughton / Google:
Google reveals its pay methodology to defend compensation practices, says there's no gender pay gap, and its means of suggesting pay amount is “blind” to gender  —  Pay equity is a huge issue, not just for Silicon Valley companies, but across every industry in every country.
Kurt Wagner / Recode:
Facebook's David Marcus clarifies that Messenger's business model focus is advertising and that Messenger is not taking a cut of payments on the platform  —  Messenger is focused on mobile advertising — just like the rest of Facebook.  —  When Facebook hired David Marcus …
Ina Fried / Axios:
Qualcomm responds to Apple suit over patent licensing and files countersuit including charge of limiting performance of Qualcomm modem chips in iPhone 7  —  Qualcomm formally responded to a lawsuit from Apple on Monday, rejecting the iPhone maker's claims and launching its own countersuit.
Lucia Moses / Digiday:
Forbes, The New York Times, and other publishers abandon or scale back use of Facebook's Instant Articles due to lack of monetization  —  Facebook's Instant Article push is in danger of fizzling.  —  Many publishers are deeply unhappy with the monetization on these pages …
Ken Yeung / VentureBeat:
Lyft confirms $600M in new funding at a $7.5B post-money valuation  —  Lyft has confirmed that it has raised a new round of funding, bringing in $600 million from a mix of new and existing investors.  The latest investment places a $7.5 billion post-money valuation.
Barry Schwartz / Search Engine Land:
Google's image search results for mobile web and the Android Search app now display “similar items” to purchase  —  Google's image search results on the mobile web and in the Android Search app are now showing “similar items” — i.e., if you're looking at “lifestyle” …
David Ingram / Reuters:
Facebook COO Sheryl Sandberg says company has 5M monthly advertisers, up from 3M in March 2016  —  Facebook Inc (FB.O) plans to announce on Monday that more than 5 million businesses are advertising on the social network each month and that it is updating its suite of ad services to try …

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Andrew E. Kramer / New York Times: