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Techmeme
March 29, 2019, 6:50 PM
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Top News

Matthew Panzarino / TechCrunch:
Apple cancels AirPower wireless charging mat, citing inability to meet its quality standards for the product  —  Apple has canceled the AirPower product completely, citing difficulty meeting its own standards.  —  “After much effort, we've concluded AirPower will not achieve our high standards and we have cancelled the project.
Sara Salinas / CNBC:
Lyft closes up 8.7% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B  —  - The stock ended trading 8.7 percent up at $78.29 — something of a modest IPO for such a giant tech company.  —  Lyft's stock popped as much as 23 percent in its debut on the public market Friday.
Kevin Roose / New York Times:
Interview with YouTube Chief Product Officer Neal Mohan about its recommendation algorithms, radicalization, violent extremism, and the rabbit-hole effect  —  Neal Mohan discusses the streaming site's recommendation engine, which has become a growing liability amid accusations that it steers users to increasingly extreme content.
Brian Feldman / New York Magazine:
In his interview, Neal Mohan disingenuously fails to mention that YouTube gives users a heavily weighted single recommendation after each video via autoplay  —  There is perhaps no better pipeline to online radicalization, save for 4chan, than by watching videos on YouTube.
Dan Goodin / Ars Technica:
A newly published exploit for a Magento vulnerability that can be used with no authentication required puts hundreds of thousands of e-commerce sites at risk  —  Magento admins: beware of SQL flaw that requires no authentication.  —  Attack code was published on Friday that exploits …
Sarah Perez / TechCrunch:
Apple to close Texture on May 28 following the launch of Apple News+, effectively ending the service for subscribers without Apple devices  —  A year ago, Apple acquired the digital newsstand app Texture to form the basis of its new subscription-based service, Apple News+, which launched on Monday.
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.
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 …
Angela Chen / The Verge:
Inmates at two Finland prisons are classifying data to train AI for a startup building a database of companies; some experts have concerns about exploitation  —  Empowerment or exploitation?  —  “Prison labor” is usually associated with physical work, but inmates at two prisons in Finland …
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
Ingrid Lunden / TechCrunch:
Toast, a cloud-based restaurant management platform, raises a $250M Series E led by TCV and Tiger Global at a $2.7B valuation  —  Restaurant sales hit $825 billion last year in the US, but with margins averaging at only three to five percent per business, they're always looking for an edge …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:50 PM ET, March 29, 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

Perry Stein / Washington Post:
Source: the US DOJ sought to force WaPo and WSJ reporters to testify before a grand jury but withdrew the subpoenas this month after the outlets challenged them

Jake Kanter / Deadline:
UK ministers are advancing a bill requiring YouTube and TikTok to promote BBC and ITV content, as well as forcing streamers to show big sports events for free

Deadline:
Piers Morgan's Uncensored raised $27M led by Raine Ventures and Antenna Group, with Elisabeth Murdoch participating, sources say at a $145M valuation

More News

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

Earlier Picks

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
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
Michael Potuck / 9to5Mac:
Twitter expands dark mode options for iOS users with a pure black Lights Out mode and an Automatic Dark Mode
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
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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