Techmeme
October 19, 2018, 11:25 AM

Top News

Financial Times:
Facebook hires Nick Clegg, former UK deputy prime minister, as head of global affairs and communications, to succeed Elliot Schrage  —  Facebook has hired Nick Clegg, the former UK deputy prime minister, to head its global affairs and communications team as it faces escalating problems …
Sam Levin / The Guardian:
As Facebook promotes its “war room” and efforts to fight interference, a study of disinformation on WhatsApp during Brazil's election shows more could be done  —  Corporation shows off room of engineers, data scientists and other experts but offers reporters few new specifics
The Verge:
Documents show Android manufacturers in EU may have to pay Google $2.50-$40/device as a fee, depending on country and pixel density, following antitrust ruling  —  Confidential documents show strong incentives for keeping bundle intact  —  Android manufacturers will have to pay Google …
Helen Partz / Cointelegraph:
Security giant G4S offers high-security vault that puts crypto assets in offline storage and distributes them into fragments that are independently of no value  —  U.K.-based multinational security services company G4S has developed a new service for protecting cryptocurrency assets …
NBC News:
Source: Twitter suspended hundreds of accounts for violating spam rules; the accounts had posted pro-Saudi Arabia tweets about the disappearance of Khashoggi  —  Twitter became aware of some of the bots on Thursday when NBC News presented the company with evidence of coordinated activity.
Jon Fingas / Engadget:
Stan Higgins / CoinDesk:
Chicago Mercantile Exchange report shows Bitcoin futures have continually risen through Q3 2018, with average daily volume up 41% since Q2  —  Average daily volumes for bitcoin futures trading saw a significant jump in the third quarter compared to the last period, according to CME Group.
Kate Clark / TechCrunch:
Oh My Green, a health-food delivery startup for offices that gives its customers personalized recommendations for meals and snacks, raises $20M seed round  —  Kate Clark @kateclarktweets / 2 days  —  In its first institutional funding round, Oh My Green has raised $20 million from Initialized Capital …
More: VatorNews
Nikhilesh De / CoinDesk:
The SEC launches FinHub, a new division to help fintech startups, including those launching ICOs, navigate the legal implications of their products  —  The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups …
Kate Rooney / CNBC:
PitchBook/JMP Securities report: crypto M&A deals have surged over 200% this year with 115 deals having been announced, on pace to hit 145 by year's end  —  - Merger and acquisition activity for cryptocurrency companies has more than doubled in the past year amid a 54 percent slump in bitcoin prices …
More: NullTX
Kate Rooney / CNBC:
PayPal reports Q3 revenues of $3.68B, up 14% YoY, vs. $3.66B est., net income of $436M, up from $380M YoY  —  - Analysts had expected earnings of 54 cents per share and revenue of $3.66 billion, according to Refinitiv forecasts.  — Stifel analyst Scott Devitt expects investors to focus …
Wall Street Journal:
As banks compete to become top underwriter for Uber's 2019 IPO, sources say Morgan Stanley, whose top tech banker moonlights as an Uber driver, is the favorite  —  Some bankers go the extra mile to land a deal.  Michael Grimes drove many.  —  Many Uber drivers are in it for a few extra bucks.

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More News

New York Times:
Sarah Perez / TechCrunch:

Earlier Picks

Dami Lee / The Verge:
Juli Clover / MacRumors:
Lily Katz / Bloomberg:
Chris Welch / The Verge:
Laura Hazard Owen / Nieman Lab: