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March 29, 2019, 12:20 PM
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Sara Salinas / CNBC:
Lyft opens up more than 20% on its first day of trading after raising $2.3B in its IPO, which valued the company at over $20B  —  - The offering marks the first debut from a heavyweight class of tech companies going public in 2019.  — Lyft revealed skyrocketing revenues in its initial IPO prospectus …
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.
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 …
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
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.
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.
Sarah Perez / TechCrunch:
Apple to close Texture on May 28, will offer Texture customers a one-month free trial to Apple News+  —  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.
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.
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 …
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.
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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This is a Techmeme archive page. It shows how the site appeared at 12:20 PM ET, March 29, 2019.

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

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

Chris Welch / The Verge:
Verizon rolls out a free version of Call Filter, its $3/month spam and robocall protection service
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
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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