Techmeme
June 12, 2017, 11:45 PM

Top News

Mike Isaac / New York Times:
Emil Michael, Uber's senior vice president for business and second in command at the ride-hailing company, announces his departure in email to employees  —  SAN FRANCISCO — Emil Michael, Uber's senior vice president for business and second in command at the ride-hailing company …
Bloomberg:
Sources: Emil Michael believes a weak board and lax legal team at Uber, plus his friendship with Travis Kalanick, led to his ouster, not scandals  —  Emil Michael is replaced by David Richter as business head  —  CEO Travis Kalanick may take leave after series of scandals
Eric Newcomer / Bloomberg:
Sources: Uber adds Nestlé executive and Alibaba board member Wan Ling Martello to its board, after Holder probe recommended more independent directors  —  Company adds Martello, a Nestle exec and Alibaba board member  —  Independent probe recommended more independent directors
Andy Greenberg / Wired:
Researchers say Crash Override, which took down Ukraine's power grid, is the only known malware to have attacked physical infrastructure other than Stuxnet  —  AT MIDNIGHT, A week before last Christmas, hackers struck an electric transmission station north of the city of Kiev …
Andrew Cunningham / Ars Technica:
iPad Pro 10.5-inch review: great tablet camera, lower latency with Apple Pencil, and excellent battery life, but iOS 11 still three months away  —  More RAM, great screen, and better keyboard will all shine... once iOS 11 is out.  —  Nothing Apple has done in the last three years has reversed …
Dieter Bohn / The Verge:
Stan Higgins / CoinDesk:
Bancor, a platform for launching blockchain tokens, raises ~$150M in largest-ever ICO  —  An initial coin offering (ICO) for a blockchain project called Bancor has set a new industry record, raising approximately $153m in ether, the native currency on the ethereum blockchain, as part of a crowdsale that concluded today.
Sarah Perez / TechCrunch:
Zelle, the real-time Venmo competitor backed by 30+ US banks, arrives this month embedded in apps of participating banks; standalone app coming later this year  —  The U.S. banking industry's answer to Venmo has now arrived.  Starting this month, a new, person-to-person payments network called Zelle …
Frederic Lardinois / TechCrunch:
Microsoft releases premium version of its Power BI data analytics and visualization software  —  Back in 2015, Microsoft launched a highly visual Power BIdata exploration and interactive reporting tool into general availability.  The service is now in active use at 200,000 different organizations …
Ryan Lawler / TechCrunch:
Online finance startup SoFi has applied for a new-bank charter under the name of SoFi Bank to offer FDIC-insured account and credit-card product  —  In May, SoFi CEO Michael Cagney told TechCrunch the company would be applying for a bank charter “in the next month.”
Josh Constine / TechCrunch:
Snapchat officially launches self-serve Ad Manager tool to make buying ads easier and a Certified Partners program that gives extra training to ad tech partners  —  To beat Facebook and Google's duopoly, Snapchat needs advertisers to build and buy campaigns with confidence.

Sponsor Posts

Microsoft:
Financial services industry banks on the Microsoft Cloud  —  Examples of scenarios and solutions companies are implementing to drive their digital transformation.
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 Assist teams up with Spiceworks to provide a free remote support tool for IT Pros!  —  Zoho Assist, a remote support and remote access offering from Zoho, has joined hands with Spiceworks, the world's largest community of IT pros.
Worldpay:
Join us on Nov 8th in Burlingame, CA  —  We're leading a panel on the future of web payments with guests Alipay, Samsung Pay and Amex.  Register here.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:45 PM ET, June 12, 2017.

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

Edward C. Baig / USA Today:
Tom Warren / The Verge: