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February 27, 2019, 11:35 PM
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Top News

Sarah Perez / TechCrunch:
FTC settles with Musical.ly, now TikTok, for $5.7M, over the app's violation of US child privacy laws; TikTok's app updates with a new UX for users under 13  —  A significant FTC ruling issued today will see video app TikTok fined $5.7 million for violating U.S. children's privacy laws …
Roger Cheng / CNET:
Source: Motorola plans to launch its foldable smartphone, likely a revival of the Razr brand, this summer  —  Motorola is jumping into foldable phones.  And it's likely doing it with one of the most iconic names in the business.  —  Motorola, a unit of Chinese consumer electronics giant Lenovo …
Roland Li / San Francisco Chronicle:
In a letter to the CA government, Apple confirms that 190 employees, including 124 engineers, will be laid off from its self-driving car division on April 16  —  Apple will lay off 190 employees in Santa Clara and Sunnyvale in its self-driving car division, the company said.
The Seattle Times:
Though Seattle repealed its “head tax”, Amazon says it won't use the 722K sq. ft. in Rainier Square tower it had leased, which would have housed up to 5K staff  —  The lease was one of the biggest in Seattle history — enough space to hold at least 3,500 employees and perhaps up to 5,000.
Larry Dignan / ZDNet:
RightScale 2019 State of the Cloud report: Azure adoption grew from 45% to 52%, reaching 85% of AWS adoption, up from 70% last year  —  The RightScale 2019 State of the Cloud Report from Flexera highlights how enterprises are spending more on cloud computing, but are getting concerned about optimizing their spending.
Alexis C. Madrigal / The Atlantic:
Crowdtangle data: a small number of Facebook Pages created 46% of the top 10,000 posts for or against vaccines, with 20% generated by seven anti-vax Pages  —  Squelching vaccine misinformation might be easier than the platform makes it seem.  —  Look up vaccinations on Facebook …
Catalin Cimpanu / ZDNet:
Coinhive, an in-browser Monero miner known for cryptojacking, says it will shut down on March 8, citing the crypto crash and a recent Monero hard fork  —  Coinhive wanted to be an alternative to classic banner ads but it became malware after constant abuse.
Romain Dillet / TechCrunch:
Review of Shadow Ghost, a $140 streaming game console made by French startup Blade, which runs a $35/month cloud gaming service that now has ~65,000 subscribers  —  French startup Blade, the company behind Shadow, is launching a new set-top box to access its cloud gaming service — the Shadow Ghost.
Kate Rooney / CNBC:
Square reports Q4 adjusted revenue of $464M, up 64% YoY, 15M Cash App MAUs in Dec. 2018, up from 7M YoY, issues weak Q1 guidance; stock down 6%+ after hours  —  - Payment company Square reported fourth-quarter results that beat analysts' expectations for earnings and revenue on Wednesday.
Jonathan Stempel / Reuters:
BlackBerry sues Twitter for allegedly infringing six messaging patents; BlackBerry sued Facebook and Snap in 2018, also alleging messaging patent infringement  —  (Reuters) - BlackBerry Ltd on Wednesday filed a patent infringement lawsuit accusing Twitter Inc of illegally using technology …
More: TechCrunch
Mary Ann Azevedo / Crunchbase News:
Study of VC-backed deals over the last five years finds that 77.1% of VC-backed founders were white, 1% were black, and 9.2% of startup founders were female  —  Maybe the VC community is tired of hearing about it; certainly, there are plenty of people who are tired of dealing with it.
Connie Loizos / TechCrunch:
Sendoso, which sends customized gifts to current and prospective clients at scale for a monthly fee, raises $10.7M Series A led by David Sacks' Craft Ventures  —  In today's noisy, fast-paced world, finding a way to let clients and potential customers know that they are top of mind can be a major challenge for companies.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:35 PM ET, February 27, 2019.

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

Yun Li / CNBC:
Warren Buffett says Berkshire sold its entire Paramount stake and “lost quite a bit of money”; Berkshire owned 63.3M shares of Paramount as of the end of 2023

Tom McArthur / BBC:
RSF publishes its World Press Freedom Index and places Norway, Denmark, and Sweden in the top three, the US down 10 spots at 55, and Eritrea in last place

Matt Cooper / University of Oregon:
A group of researchers say Twitch is increasingly becoming a news source, and traditional news outlets could use it for added income and audience engagement

More News

Ian Allison / CoinDesk:
Nivaura, which aims to use blockchains to automate the lifecycle for the issuance of financial instruments, raises $20M led by the London Stock Exchange
Eugene Wei / Remains of the Day:
An in-depth analysis of social media platforms through the lens of social capital theory and why we should think of them as “Status as a Service” businesses
The Keyword:
Google and DeepMind are using AI to predict the power output of wind farms 36 hours ahead of actual generation, boosting economic value of wind energy by ~20%

Earlier Picks

Manish Singh / VentureBeat:
Spotify launches in India with monthly premium tier starting at 119 rupees or ~$1.67, says free tier users in India can stream any song on demand on mobile
Katyanna Quach / The Register:
IBM apologizes after some US online job application forms asked for the ethnicity of applicants and used racial slurs, says the questions have been removed
Federal Trade Commission:
FTC settles with supplement maker in first case involving allegedly fake paid Amazon reviews to gain a five-star rating, will suspend most of $12.8M judgment
Gus Garcia-Roberts / USA Today:
Twitter has permanently suspended Jacob Wohl for creating and operating fake accounts, after he shared plans to make deceptive accounts before the 2020 election
Josh Constine / TechCrunch:
Facebook policy doc shows it wants up to a 30% cut of Fan Subscriptions, vs Patreon's 5%, and to reserve right to offer free trials with no creator compensation
Makena Kelly / The Verge:
FTC announces a new task force to monitor competition in “technology-related sectors” and says that it will look into previous mergers
Shannon Liao / The Verge:
HTC's blockchain-focused Exodus 1 phone adds ~20 decentralized blockchain apps, integrates with Opera for crypto micropayments, will be sold for $699 in March
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