Techmeme
October 22, 2018, 7:55 AM

Top News

Fred Wilson / AVC:
Recent news serves as a reminder that operators in startups and venture capital should work to ensure their investors are not bad actors  —  I got an email from the CEO of one of our portfolio companies last week.  —  It asked a very basic question, but one that I don't recall being asked before:
The Information:
Sources: Facebook is stepping up efforts to buy a major cybersecurity firm and has approached several companies about an acquisition  —  In an effort to repair its tattered reputation around data protection, Facebook is stepping up efforts to acquire a major cybersecurity firm, according to four people familiar with the matter.
Haaretz:
An in-depth look at how Israel became a leading exporter of tools for oppressive regimes to spy on activists' and dissidents' communications  —  Haaretz investigation spanning 100 sources in 15 countries reveals Israel has become a leading exporter of tools for spying on civilians.
Mallory Locklear / Engadget:
Survey of 5,844 US college students finds 89% at least got some news from social media weekly, with 71% getting news from Facebook and 55% from Snapchat  —  A number of studies have shown that people turn to social media for news, and of all of the social networks out there, Facebook consistently leads the pack in this regard.
Nathaniel Popper / New York Times:
How projects like Ocean Protocol, Oasis, Enigma, and SingularityNET use blockchain for AI research hoping to curb the dominance of big tech in the field  —  SAN FRANCISCO — Pairing artificial intelligence and the blockchain might be what you would expect from a scammer looking to make a quick buck in 2018.
David Pierini / Cult of Mac:
Profile of YouTuber Scotty Allen, who rose to fame last year after he built an iPhone from scratch by using parts he bought from public markets in Shenzhen  —  Millions have watched Scotty Allen build an iPhone from parts mined from the electronics markets of Shenzhen, China.
Bloomberg:
Source: Plaid, which makes tools to let clients like Venmo and Coinbase authenticate accounts and check balances, is raising $200M at a valuation of up to $3B  —  Plaid Technologies Inc. is in talks to raise $200 million and the valuation of the deal is rising as venture investors vie to bankroll the startup.

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Earlier Picks

Dami Lee / The Verge:
New York Times: