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September 3, 2018, 5:10 AM
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| Kerry Flynn / Digiday: |
How Timehop, running out of money, ditched programmatic ad partners, built its own ad server, boosted CPMs from $2 to $14, and increased revenues 10x YoY — Timehop had three months of runway in the bank when it decided its current advertising solution wasn't going to cut it.
Tweets: @digiday, @rickwebb, @isaackrasny, @bryce, @digiday, @digiday, @codinghorror, and @mdudas
| Brian Ellsworth / Reuters: |
A week after pegging its money, pensions, and salaries to Petro cryptocurrency, Venezuela still fails to show proof that anyone is using Petro for transactions — ATAPIRIRE, Venezuela (Reuters) - To hear Venezuela's leftist President Nicolas Maduro tell it, this remote hamlet of 1,300 souls … | Connie Loizos / TechCrunch: |
YC founder Paul Graham dispenses new advice in interview: why college-age founders are too young, how competition only killed 1 out of 1,900 YC startups, more — Yesterday, as part of some of its newest programming for startup founders, the startup incubator Y Combinator posted a new interview …
Tweets: @aparanjape, @angeladuckw, and @garrytan
| Rebecca Hill / The Register: |
Communiqué from Five Eyes nations tells tech industry to make accommodations on encryption, or legislative or enforcement actions may be taken for lawful access — Five Eyes to tech: We have ways of making you comply — The Five Eyes nations have told the tech industry …
More:
Australian Department …, CNET, and ZDNet
Tweets: @riskybusiness, @stshank, @chadloder, @alexstamos, and @4thanon
| Wall Street Journal: |
JD.com founder and CEO Richard Liu arrested in Minnesota on a sexual misconduct allegation, released without bail; police say investigation is ongoing — E-commerce company JD.com says CEO Liu Qiangdong was released after what it says was a false accusation; Minneapolis Police say the case remains open
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TechCrunch, New York Times, China Money Network, South China Morning Post, Fortune, BBC, Reuters, Washington Post, Reuters, SiliconANGLE, Bloomberg, CNBC, USA Today, The Daily Caller, TechNode, Engadget, and Tech in Asia
Tweets: @gabewildau and @nytimes
| Wall Street Journal: |
Google starts purging ads by scammers masquerading as authorized service agents for companies like Apple after a WSJ inquiry — Wall Street Journal investigation finds fraudsters use Google search ads to masquerade as authorized service agents for companies such as Apple| Ashley Carman / The Verge: |
Twitter's director of product management tweets pics of changes being weighed to make Twitter more “conversational”: improved reply threads, status indicators — No thanks — Sara Haider, Twitter's director of product management, tweeted a couple screenshots today showing off changes …
More:
9to5Mac, Engadget, CNET, MSPoweruser, SlashGear, Social Media Today, TechCrunch, Firstpost, Search Engine Journal, iPhone Hacks, and Mehedi Hassan
Tweets: @jack, @pandemona, @nishweiseth, @aardvarkwizard, @markoneinfour, @martinsfp, @ericgarland, @drskyskull, @bruce_arthur, @shannoncoulter, @ashleyfeinberg, @mgsiegler, @nellucnhoj, @gregpak, @arnicaxross, @sdkstl, @anthonynoto, @jeffseibert, @whatthebit, @ow, @pandemona, @jordanstaniscia, @tylerhower, @keewa, @ow, and @carnage4life
| Ben Fox Rubin / CNET: |
Amazon says Alexa now comes integrated with over 20,000 devices from 3,500 brands, up from the 4,000 devices from 1,200 brands in January — Amazon executive Daniel Rausch stood onstage before a crowd of hundreds at Berlin's IFA tech show to share a few big numbers about Alexa.| Gabriel Wildau / Financial Times: |
Bike-sharing startup Ofo is being sued by its Chinese bicycle supplier for $10M in unpaid bills; source says Ofo is burning through about $25M a month — A Shanghai-listed bicycle manufacturer has sued Ofo, the bike-sharing start-up backed by Alibaba, for $10m in unpaid bills …
More:
The Verge
| Nic Fildes / Financial Times: |
BT, TalkTalk, BBC, Sky, ITV, and Channel 4 call for UK government to introduce independent regulatory oversight of the content carried over social networks — The heads of Britain's largest media and telecoms companies have called for the government to introduce independent regulatory oversight …
More:
Telegraph
| Nick Kostov / Wall Street Journal: |
Ad giant WPP taps company veteran Mark Read as new CEO and is expected to announce the news early this week, after Mr. Sorrell's resignation in April — Read succeeds Martin Sorrell and inherits an ad firm challenged by Facebook, Google — WPP WPP -.26% PLC has chosen Mark Read … | Alana Semuels / The Atlantic: |
Fiverr and other freelancing sites have broadened employment opportunities for workers, but endless competition has led to lower wages and little stability — When the whole world is fighting for the same jobs, what happens to workers? — You can buy almost any thing you want online … Sponsor Posts
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