Techmeme
May 27, 2018, 3:40 PM

Top News

Jessica Davies / Digiday:
With the arrival of GDPR, ad platform vendors like DoubleClick warn publishers about steep EU ad volume declines, at least for the short term  —  The arrival of the General Data Protection Regulation's enforcement May 25 has hurled the digital media and advertising industries into a tailspin.
BBC:
Eugene Wei / Remains of the Day:
Behind Amazon's approach to identifying factors limiting its growth, and how Twitter, Snapchat, Facebook, Instagram can benefit from adopting a similar strategy  —  My first job at Amazon was as the first analyst in strategic planning, the forward-looking counterpart to accounting, which records what already happened.
Benjamin Mayo / 9to5Mac:
Report: Apple to give some developers more access to iPhone NFC chip for Apple Pay-like contactless interactions like opening doors or replacing transit cards  —  The Information reports that Apple will be taking a big leap in iOS 12, giving some third-party developers full access …
Josiah Wilmoth / CCN:
Bitcoin fork Bitcoin Gold suffers 51% attack; attacker with more than half of network's hash rate double spent BTG coins on exchanges and may have stolen $18M  —  Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month.  —  The development team behind Bitcoin Gold …
Dan Goodin / Ars Technica:
FBI and DOJ ask users to restart routers and NAS devices to disrupt VPNFilter malware and help identify infected devices, which Cisco estimates is 500K+ devices  —  Feds take aim at potent VPNFilter malware allegedly unleashed by Russia.  —  The FBI is advising users of consumer-grade routers …
Robert Hackett / Fortune:
A look at JPMorgan Chase's Quorum, an open source project blurring the lines between private enterprise blockchains and public blockchains like Ethereum, Zcash  —  Amber Baldet flings an oversize yellow die atop a display counter at a Best Buy near Times Square in Manhattan.  —  Five.
Charles Fitzgerald / Platformonomics:
Analysis: IBM and Oracle are tens of billions behind Amazon, Google, and Microsoft in CAPEX, and grow much slower in cloud infrastructure from a much lower base  —  In previous installments (2017, 2018) of Follow the CAPEX™ (merch store opening soon!), we've looked at the capital expenditures behind …
Recode:
Survey: 19% of Amazon professional merchants, third-party sellers who sell 40+ items/month and pay a subscription fee, had $1M+ in sales, up from 10% in 2017  —  Nineteen percent of these merchants grossed more than $1 million in sales, up from 10 percent last year.
Ana Swanson / New York Times:
Trump tweets that ZTE will have to pay $1.3B fine, give high-level security guarantees, and change its management and board to have US sanctions lifted  —  WASHINGTON — The Trump administration told lawmakers it had reached a deal that would keep the Chinese telecom firm ZTE alive …
Wolfie Zhao / CoinDesk:
Chinese authorities have prosecuted 98 people for the alleged $2B OneCoin crypto investment scheme that involved up to 2M victims across 20+ provinces in China  —  Prosecutors in China have charged a final four suspects of almost 100 that were said to be involved in an alleged $2 billion cryptocurrency pyramid scheme.
More: The Merkle

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