Techmeme: Flowspace, which offers cloud-based inventory, order, and warehouse management software, raises $12M Series A led by Canvas Ventures (Vishnu Rajamanickam/FreightWaves)

Top News

Ju-min Park / Reuters:

Samsung says it has postponed media events for Galaxy Fold planned for this week in Hong Kong and Shanghai — SEOUL (Reuters) - Smartphone maker Samsung Electronics Co Ltd has postponed media events for its Galaxy Fold planned for this week in Hong Kong and Shanghai, a company official said …

More: SamMobile, The Verge, Engadget, USA Today, TechSpot, BGR, ZDNet, BetaNews, TechNode, The Next Web, Pocketnow, Financial Times, Gizmodo, 9to5Google, CNET, and Softpedia News

Tweets: @richardlai, @dcseifert, and @agnotology42

Kyle Wiggers / VentureBeat:

Zillow launches 3D Home, an AI-powered iOS app to let buyers view 360-degree pics and tours of properties, available in the US and Canada starting this week — For prospective home buyers, touring a house traditionally entails commuting to top prospects and painstakingly documenting rooms with photos …

More: CNET, Engadget, 9to5Mac, GeekWire, and Digital Trends

Jordan Novet / CNBC:

Sources: Apple spent $350M in 2018 and is now spending $30M+ every month on Amazon's cloud, making it one of the biggest AWS customers — As Apple and Amazon compete for a greater share of consumer dollars and attention, they also have a particularly intimate business relationship …

More: 9to5Mac and Seeking Alpha

Ana Campoy / Quartz:

DHS says its facial recognition system, in use at 15 US airports now, identified 7K travelers who overstayed visas, plans to screen 97% of US departures by 2023 — The US immigration system was designed to track who comes into the country, not who leaves. For more than two decades …

More: ZDNet, The Verge, and The Hill

Tweets: @mackenzief, @mollymckew, @erinbiba, @jamesrbuk, @cendemtech, @katebevan, @jkriss, @sujal, and @stevesi

Mehreen Khan / Financial Times:

Leaked letter: Facebook is willing to exempt EU parties from some political ad rules after fears they would hinder cross-border ad campaigns from pan-EU groups — Facebook is ready to give in to pressure from Brussels over criticism that its new rules on online political advertising restricts EU parties …

More: The Guardian and Bloomberg

Tweets: @carnage4life and @james7holland

Foo Yun Chee / Reuters:

EU lawmakers vote for a WiFi-based standard, backed by Volkswagen and Renault, for internet connected cars, favouring it over 5G tech backed by BMW, others — STRASBOURG (Reuters) - The European Commission's push for a wifi-based standard for cars backed by Volkswagen took a big step forward …

Reuters:

Huawei reports Q1 revenue of $26.8B, up 39% YoY, 59M smartphones shipped, and 40 new commercial 5G contracts with carriers despite US opposition — HONG KONG (Reuters) - Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion) …

More: Pocketnow

Vishnu Rajamanickam / FreightWaves:

Flowspace, which offers cloud-based inventory, order, and warehouse management software, raises $12M Series A led by Canvas Ventures — Flowspace, a California-based on-demand warehousing and fulfillment startup, announced its Series A investment raise of $12 million, which was led by Canvas Ventures.

More: Business Wire, PE Hub Blog, socalTECH.com, and FinSMEs

Washington Post:

Sri Lanka blocks access to social media platforms, including WhatsApp and Facebook, to curb spread of misinformation after a series of deadly explosions — LONDON — The Sri Lankan government blocked access to social media platforms on Sunday, following a string of explosions that claimed …

Wolfie Zhao / CoinDesk:

Gate.io, one of the oldest Chinese crypto exchanges, raises $64M in an ICO for its Gate Points token which can be used to offset trading fees — Crypto exchange Gate.io has raised $64 million worth of crypto assets in seven days for its own exchange cryptocurrency that won't be launched on a blockchain for at least six months.

More: BitcoinExchangeGuide, Finance Magnates, Cryptonews, Cointelegraph, The Block, Coinspeaker, and CryptoGlobe

Zack Whittaker / TechCrunch:

Researcher finds that a popular hotspot finder app for Android exposed the Wi-Fi network passwords for 2M+ networks, including tens of thousands in the US — A popular hotspot finder app for Android exposed the Wi-Fi network passwords for more than two million networks.

Ellen Sheng / CNBC:

A look at the rising use of surveillance technologies by companies to monitor their employees in the workplace — The emergence of sensor and other technologies that let businesses track, listen to and even watch employees while on company time is raising concern about corporate levels of surveillance.

More: Slashdot. Tweets: @cal_cpa, @joejerome, @sundeep, @jeffreyvc, and @prianka2808

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