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Techmeme
November 20, 2018, 6:10 AM
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Top News

Josh Constine / TechCrunch:
Instagram says it will use machine learning to find and remove inauthentic likes, follows, and comments from accounts using third-party apps to boost popularity  —  Instagram is fighting back against automated apps people use to leave spammy comments or follow then unfollow others in hopes of growing their audience.
Kate Rooney / CNBC:
Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, with the entire cryptocurrency market cap losing roughly $40B in the past week  —  - The world's largest cryptocurrency is now down 22 percent in the past week, falling as much as 12 percent Monday to its lowest level in more than a year.
Margaret Sullivan / Washington Post:
Zuckerberg should give up his dual role as Facebook CEO and chairman, stepping down as chairman and appointing an independent director to oversee the board  —  Facebook founder Mark Zuckerberg once set out a bit of digital-world wisdom that became his company's informal motto: “Move fast and break things.”
Deepa Seetharaman / Wall Street Journal:
Sources: this June, Zuckerberg told ~50 execs that Facebook was at war and he'd act more decisively, leading to reorgs, key departures, tension with Sandberg
Kyle Wiggers / VentureBeat:
Microsoft acquires Atlanta-based app provisioning and virtualization startup FSLogix, to improve Office 365 performance in “multi-user virtual environments”  —  Another day, another profitable exit for a well-regarded startup.  Microsoft today announced that it has acquired Atlanta …
Kevin Kelleher / Fortune:
The stocks of Amazon, Apple, Facebook, Google, and Netflix have all declined 20% or more in value in recent months, pushing them into bear market territory  —  Tech investors resumed their selloff of the large-cap FAANG stocks, with the five tech giants all sustaining declines of 20% or more …
Tom Dotan / The Information:
Sources: Evan Spiegel spends most board meetings looking at his phone and messaging on Snapchat, seemingly dismissive of some members' “short term” concerns  —  Until a few months ago, Snap's board meetings could be tense affairs.  Benchmark partner Mitch Lasky …
Frederic Filloux / Monday Note:
By pushing the “link tax” in the EU, publishers are shooting themselves in the foot because better options exist by working with Google to drive traffic  —  Within Google, some call into question the validity of helping the media industry.  By lobbying the EU on the “link tax”, publishers are waging a rearguard battle.

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From Mediagazer

Brian Steinberg / Variety:
Major brands were replaced by direct-response advertisers during commercial breaks of CBS News' December 13 town hall with Erika Kirk, moderated by Bari Weiss

Kanis Leung / Associated Press:
Apple Daily founder Jimmy Lai is found guilty of colluding with foreign forces and conspiring to publish seditious articles, and faces a possible life sentence

Aidan Ryan / The Boston Globe:
The Boston Globe says Brian McGrory will return as editor, after Nancy Barnes' departure at the end of 2025; McGrory previously was editor from 2012 to 2023

More News

Earlier Picks

Ina Fried / Axios:
Tim Cook says some government regulation of Silicon Valley is inevitable, defends deal to make Google Apple's default search engine despite privacy concerns
Edmund Lee / New York Times:
BuzzFeed CEO Jonah Peretti suggests the site could eventually merge with rival publishers to negotiate better terms with companies like Facebook and Google
Tom Warren / The Verge:
Microsoft says it is bringing Skype calling to Alexa-enabled devices this week, including SkypeOut which lets users call mobile and landline phones
Wall Street Journal:
Sources: Apple reduced production orders for all new iPhone models in recent weeks; iPhone XR production was slashed by up to one third of the initial 70M
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