Techmeme
July 21, 2017, 1:20 PM

Top News

Sarah Buhr / TechCrunch:
Lyft creates a division to develop its own “open self-driving platform”  —  Lyft is betting the future of the road centers on sharing autonomous vehicles.  It aims to be at the forefront of that technology with a new self-driving division and a self-driving system car manufacturers could plug into their self-driving cars.
Kevin Poulsen / The Daily Beast:
Microsoft using a trademark suit to seize control of domain names like livemicrosoft.net, to cut off Fancy Bear's malware-controlling servers from their victims  —  A new offensive by Microsoft has been making inroads against the Russian government hackers behind last year's election meddling …
Microsoft:
Microsoft Q4: revenue of $23.3B, up 13% YoY, net income of $6.5B, up 109% YoY; Intelligent Cloud revenue of $7.4B, up 11% YoY; productivity revenue was $8.4B  —  REDMOND, Wash. — July 20, 2017 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2017:
Axios:
Sources: Y Combinator is raising up to $1B for its second Continuity fund, which will be merged with its existing early-stage investment program  —  Silicon Valley startup accelerator Y Combinator is raising up to $1 billion for a new venture capital fund, Axios has learned from multiple sources.
More: TechCrunch and TechCo
Josh Constine / TechCrunch:
AngelList co-founder Babak Nivi confirms he left the company  —  “Mr. Nivi has no role at the company” AngelList COO Graham Jenkin told TechCrunch in response to questions regarding the curious absence of the investment platform's co-founder.  It's atypical for the creator of such a high-profile company …
Ingrid Lunden / TechCrunch:
Sources: Swedish e-commerce payments firm Klarna raises around $250M at a $2.5B valuation from private equity firm Permira  —  Klarna, the Swedish startup that works with e-commerce businesses and retailers to provide financing and other payment services, today announced that it has picked …
Kathleen Chaykowski / Forbes:
A look at how Twitch and YouTube gamers helped Discord grow to 9M daily active users, overtaking Slack's 5M daily active users  —  Six days a week, a 26-year-old videogaming celebrity who goes by the name “Lirik” regales his 1.7 million followers on the streaming service Twitch …
Tweets: @jim_mills
Catherine Shu / TechCrunch:
Inside D-ID, an Israeli startup that's working to make faces unrecognizable to face recognition technology while remaining true to the original image  —  Unless you literally wear a mask all the time, it is almost impossible to completely avoid cameras and face recognition technology.
More: ClickZ

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