Techmeme
April 26, 2019, 9:55 AM

Top News

New York Times:
Sources: as it weighs constraints for Facebook, the FTC has discussed stronger monitoring of Facebook's privacy practices and direct punishment of Zuckerberg  —  Regulators on four continents are preparing for a long-awaited showdown with Facebook, after years of disinterest and half-steps.
Mike Isaac / New York Times:
New York State Attorney General announces investigation into Facebook's unauthorized collection of more than 1.5M users' email address books  —  SAN FRANCISCO — The New York State attorney general's office plans to open an investigation into Facebook's unauthorized collection …
Tony Romm / Washington Post:
Frank Chaparro / The Block:
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor  —  The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name.
Dan Primack / Axios:
Slack files to go public via a direct listing, reports net loss of $140M on $220M in revenue for 2018, compared to a $146M net loss on $105M in revenue for 2017  —  Slack, the ubiquitous workplace messaging tool, on Friday filed to go public via a direct stock listing.
Dieter Bohn / The Verge:
iFixit says it has removed its Samsung Galaxy Fold teardown at Samsung's request through a “trusted partner” who supplied iFixit with the phone  —  The drama is unfolding with increasing strangeness  —  What in the world is going on over at Samsung in the wake of the Galaxy Fold delay?
Shannon Liao / The Verge:
Amazon says it's working to offer free one-day shipping as the default for Prime customers but that it will take “a significant amount of time to achieve”  —  Amazon revealed today that it's working to offer free one-day shipping as the default for Amazon Prime customers …
Amazon:
Emil Protalinski / VentureBeat:
Motherboard:
Sources: at a Twitter all-hands, a staffer said it doesn't block white supremacist content as aggressively as ISIS since algorithms may ban some GOP politicians  —  A Twitter employee who works on machine learning believes that a proactive, algorithmic solution to white supremacy would also catch Republican politicians.
Tony Romm / Washington Post:
Dan Primack / Axios:
Uber sets IPO price range of $44 to $50 per share, plans to raise up to $10.35B at a valuation of up to ~$84B  —  Uber on Friday morning disclosed that it plans to raise upwards of $10.35 billion in its IPO, at a market cap that could approach $84 billion.  — The ride-hail giant …
Chaim Gartenberg / The Verge:
Report: Intel CEO Bob Swan says the chip company decided to exit the mobile 5G business after Apple and Qualcomm announced their settlement  —  Which came first, the chicken or the egg?  —  Intel has clarified that it bowed out of the mobile 5G marketplace earlier this month, and now we know why …
Dean Takahashi / VentureBeat:
Eddie O'Neil / Facebook Developers:
Facebook says it will no longer permit apps with minimal utility, such as personality quizzes, and will expire user permissions not used or accessed in 90 days  —  As part of our ongoing commitments to privacy and security, we are making updates to our platform.
Sergiu Gatlan / BleepingComputer:
Microsoft says it will drop password expiration policies with the Windows 10 May 2019 Update, suggests organizations implement other password security practices  —  Microsoft announced the configuration baseline settings draft release for Windows 10 v1903 (19H1) and Windows Server v1903 …

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