Techmeme
September 8, 2017, 8:20 AM

Top News

Todd Haselton / CNBC:
Credit agency Equifax says breach affecting up to 143M US consumers found 7/29; sensitive data exposed included DOB, SSN, and 209K credit card numbers  —  Equifax Inc., which supplies credit information and other information services, said Thursday that a cybersecurity incident …
Anders Melin / Bloomberg:
Three Equifax execs including CFO sold shares worth ~$1.8M days after breach found but before public disclosure; no filings list transactions as scheduled sales  —  Trio didn't know about the intrusion when selling, firm says  —  Shares tumbled in late trading after company disclosed breach
John Mannes / TechCrunch:
Microsoft and Facebook partner to launch Open Neural Network Exchange format, letting AI developers switch between frameworks easily  —  Facebook and Microsoft announced ONNX, the Open Neural Network Exchange this morning in respective blog posts.  The Exchange makes it easier …
Craig Silverman / BuzzFeed:
Experts say Facebook's reticence to reveal information about advertisers, as other media forums must, threatens the democratic process  —  Sen. Mark Warner suggested that Facebook should disclose the same information about political ads that radio and TV stations are required to.
Wall Street Journal:
Sources: fingerprint scanner will be omitted from “iPhone 8” after production issues, which set back early production by a month and may create supply shortages  —  The widely anticipated 10th-anniversary iPhone, with an expected base price near $1,000, hit a speed bump or two related to its OLED display
Gerrit De Vynck / Bloomberg:
Canada-based Kik plans $125M ICO, says it won't allow investors from its home country to participate due to weak guidance from Ontario Securities Commission  —  Messaging app plans to raise $125 million total in offering  —  Kik CEO said ‘weak guidance’ from OSC led to the decision
Stan Higgins / CoinDesk:
Filecoin blockchain data storage network completes ICO by raising a record $257M including $52M presale, surpassing the $232M raised by Tezos  —  Blockchain data storage network Filecoin has officially completed its initial coin offering (ICO), raising more than $257 million over a month of activity.
More: Mashable
Robert Hof / SiliconANGLE:
Cloudera acquires machine learning research company Fast Forward Labs, beats Q2 expectations as it reports $89.8M revenue  —  In its second quarter since going public in April, big-data firm Cloudera Inc. managed to beat expectations, reversing a first-quarter disappointment that saw its shares plunge 16 percent the next day.
Benny Evangelista / San Francisco Chronicle:
Silicon Valley fondly remembers Dogster cofounder Ted Rheingold, who died of cancer at 47  —  The last company Silicon Valley tech entrepreneur and angel investor Ted Rheingold advised was one that helps an overlooked segment of American consumers improve their credit scores.

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