Techmeme
November 21, 2018, 6:30 PM

Top News

Josh Constine / TechCrunch:
Facebook's outgoing public policy head Elliot Schrage takes responsibility for hiring Definers in a memo, admits company asked Definers to investigate Soros  —  TechCrunch has attained an internal memo published by Facebook's outgoing head of public policy Elliot Schrage in which he blames himself for hiring PR firm Definers.
Seth Fiegerman / CNN:
In an interview, Mark Zuckerberg says he will stay on as Facebook's chairman, defends COO Sheryl Sandberg, reiterates Facebook's potential as a force for good  —  New York (CNN Business)After spending much of this year apologizing for Facebook's many missteps, CEO Mark Zuckerberg was defiant …
TechCrunch:
Amazon emails an unknown number of customers disclosing a “technical error” that exposed emails and names, but provides few other details  —  Amazon's renowned secrecy encompasses its response to a new security issue, withholding info that could help victims protect themselves.
Bloomberg:
Leaked memo: Foxconn aims to cut $2.9B from expenses in 2019 and eliminate ~10% of non-technical staff, as it faces “a very difficult and competitive year”  —  Foxconn Technology Group, the biggest assembler of Apple Inc. iPhones, aims to cut 20 billion yuan ($2.9 billion) …
Wall Street Journal:
Sources: Amazon is working to persuade brick-and-mortar merchants to accept its Amazon Pay digital wallet, starting with gas stations, restaurants, and others  —  Amazon is looking to start by working with gas stations, restaurants and other merchants that aren't its direct competitors
Pranav Dixit / BuzzFeed News:
Sources detail meeting in India between Twitter's Jack Dorsey, Vijaya Gadde, and others, after photo of Dorsey holding sign criticizing caste system goes viral  —  At a round table discussion in New Delhi last week, Twitter's top executives seemed unaware of caste-based abuse taking place …
Reuters:
BMW says it will begin to offer ride-hailing services in China starting in December, becoming the first global automaker to obtain a license  —  BEIJING (Reuters) - Germany's BMW (BMWG.DE) plans to launch ride-hailing services in China in December, the first global automaker to obtain such a license in the fast-growing market.
Bloomberg:
Facebook says its ad buying system is still experiencing glitches after an outage on Tuesday, which sources say affected major buyers, ahead of Black Friday  —  - Ad-buying system was down earlier for some major users  — Hiccups come as brands prepare campaigns for holiday shopping

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Earlier Picks

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