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Techmeme
September 3, 2018, 6:20 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.
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 …
More: Forbes.  Tweets: @amoratv, @coindesk, @sthgibbs, and @reuters
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 …
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 …
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
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 …
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
Kate Clark / TechCrunch:
Used car site Vroom, which laid off ~30% staff and halted Dallas and Indiana operations in March, is raising $70M and has already secured $30M, SEC filing shows  —  Despite cutting a big portion of its staff in March, Vroom is back pitching investors.  Yesterday, the site for buying …
Joseph Cox / Motherboard:
Google confirms its Titan Security Keys are made by a Chinese company, but says the firmware ensures security, as security experts call for more transparency  —  Google's Titan Security Keys, used to lock down accounts, are produced in China.  Several experts want more answers on that supply chain process …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 AM ET, September 3, 2018.

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.

From Mediagazer

Alex Weprin / The Hollywood Reporter:
A look at ABC News' 24-hour Fourth of July programming marathon for the US' 250th anniversary, which it calls “the longest commercial broadcast in history”

Peter Walker / The Guardian:
UK Culture Secretary Lisa Nandy says she and her department will stop using X because the site favors “abuse and misinformation over meaningful debate”

Matthew Weaver / The Guardian:
Three men have been found not guilty of murdering the journalist Lyra McKee in 2019; the New IRA claimed responsibility for the killing

More News

Earlier Picks

Jacob Kastrenakes / The Verge:
California passes a strong net neutrality bill, which now goes to governor; EFF has called it a “gold standard net neutrality bill”
Jordan Novet / CNBC:
DMV report: Apple, which has 66 self-driving cars approved for road testing in CA, says one of the SUVs was rear-ended, its first self-driving collision in CA
Mehedi Hassan / Thurrott.com:
Microsoft says it is updating Skype to restore simplicity and familiarity, will kill its Stories-like feature called Highlights, which launched last year
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