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Techmeme
March 29, 2019, 11:00 AM
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Top News

CNBC:
Lyft prices IPO at $72 per share, which would value the company at over $20B and hit the top of its expected range  —  - Ride-hailing platform Lyft was funded early on by Peter Thiel's Founders Fund, Mayfield, K9 Ventures, Floodgate and others.  — Lyft is one of several aging start-ups expected …
Arjun Kharpal / CNBC:
Huawei reports ~$8.8B profit in 2018, up 25.1% YoY on revenue of ~$107.13B, up 19.5% YoY, boosted by strong revenue growth of 45.1% YoY in its consumer business  —  - Huawei reported revenue of 721.2 billion yuan ($107.13 billion) in 2018, a 19.5 percent year-on-year rise.
Adam Satariano / New York Times:
UK's review of Huawei's telecommunications equipment finds “significant” security problems but does not call for an outright ban
Ian Allison / CoinDesk:
Coinbase Custody starts offering staking services to institutional clients, starting with Tezos  —  The Takeaway:  — Coinbase Custody is offering staking services to institutional clients, starting with Tezos.  — Client assets will remain inside Coinbase's fully insured cold storage at all times, mitigating risk to investors.
Josh Constine / TechCrunch:
Facebook launches new Ad Library that now makes all active ads and inactive political ads searchable, opens Ad Library API to all Facebook-verified developers  —  Now you can search Facebook for how much Trump has spent on ads in the past year, which Pages' ads reference immigration, or what a Page's previous names were.
Richard Allan / Facebook:
Facebook says EU advertisers will need authorization to run ads for EU's May elections and ads related to politics and issues must have a “Paid for by” label
Ina Fried / Axios:
Google pulls “conversion therapy” app after prominent LGBTQ group Human Rights Campaign suspended Google's ranking from its influential Corporate Equality Index  —  Google is pulling a controversial app that LGBTQ rights groups say engages in a form of conversion therapy …
Joel Spolsky / Stack Overflow Blog:
Joel Spolsky announces he will step down as CEO of Stack Overflow and become chairman of the board, says the company booked $70M in revenue last year  —  Big news!  We're looking for a new CEO for Stack Overflow.  I'm stepping out of the day-to-day and up to the role of Chairman of the Board.
Mary Jo Foley / ZDNet:
Microsoft tells business users that Windows 10 1809, also known as the Windows 10 October 2018 Update, is ready for broad deployment  —  Microsoft finally is telling business users that Windows 10 1809, originally released last fall, is ready for deployment — just a month before Windows 10 1903 may start rolling out.
Michael Potuck / 9to5Mac:
Twitter expands dark mode options for iOS users with a pure black Lights Out mode and an Automatic Dark Mode  —  Twitter has announced today that it is expanding its dark mode options for iOS users.  Adding to the blue/gray dark mode theme that the platform has offered for a while …
Matthew Panzarino / TechCrunch:
More Apple Card details, including that a user can generate virtual card numbers for online non-Apple Pay purchases at any time by tapping a button  —  One of the most buzzy announcements on Apple's stage this week was Apple Card, its in-house credit card powered by Goldman Sachs and Mastercard.
Jake Kanter / Business Insider:
Leaked Facebook emails reveal intense discussion over an anti-Semitic Instagram post by Alex Jones before it was taken down  —  - Business Insider has seen a lengthy Facebook email chain in which executives discuss Alex Jones' future on Instagram and removing an inflammatory post.
Chris Welch / The Verge:
Verizon rolls out a free version of Call Filter, its $3/month spam and robocall protection service  —  Now you don't have to pay extra money to battle against spam and robocalls  —  Verizon is taking new steps to combat the unrelenting nuisance of spam calls.
Dan Seifert / The Verge:
AirPods with Wireless Charging Case review: excellent wireless performance and reliability with support for Qi charging but using “Hey Siri” can be frustrating  —  The new AirPods look and sound familiar, but have a couple new tricks  —  Of the many new products that Apple announced …
Tweets: @llsethj
Stefan Etienne / The Verge:
LG says G8 ThinQ, its latest flagship, will be available on April 11 from all major US carriers starting at $820; pre-orders available on March 29  —  You'll get the best deal from T-Mobile  —  LG's latest flagship, the G8 ThinQ, will be released in the US beginning on April 11th.
Washington Post:
Sources: HUD alerted Twitter and Google last year that it is scrutinizing their ad targeting practices for possible housing discrimination  —  The Trump administration delivered its first sanction of a tech giant Thursday, charging Facebook with housing discrimination in a move that could threaten …
Russell Brandom / The Verge:
US Department of Housing and Urban Development files charges against Facebook, saying the company's ad targeting tools enable violations of Fair Housing Act

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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

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

Gene Maddaus / Variety:
How Democrats' midterm wins may affect Hollywood and media: uncertainty over federal tax incentive bill, greater FCC oversight, restoring CPB funding, and more

More News

Tom Warren / The Verge:
Security researcher charged with computer misuse in the UK after admitting to hacking Microsoft and Nintendo, which estimate the cost of damages at ~$3.8M

Earlier Picks

Sarah Krouse / Wall Street Journal:
FTC has secured $1.5B worth of fines from robocallers through court judgments since 2004 and has collected $121M or 8% of that amount
Jon Porter / The Verge:
Spotify is testing Premium Duo, a discounted subscription for two for €12.49 a month, that includes a playlist based on both users' listening habits
Sergiu Gatlan / BleepingComputer:
Office Depot and tech support vendor Support.com to pay the FTC $35M for allegedly persuading customers to buy computer repair services using fake malware scans
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