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May 10, 2019, 1:55 PM
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| Lauren Feiner / CNBC: |
Uber opens at $42 on its first day of trading after pricing its IPO at $45 and raising $8.1B at a valuation of about $82.4B — Uber began trading on the New York Stock Exchange Friday at $42 per share, below its IPO price of $45. The stock was down as much as 8% toward the start of trading.
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Tweets: @ryangraves, @stevejang, @mikeisaac, @dkhos, @lam_barrett, @neilcybart, @neilcybart, @emilychangtv, @lexnfx, @reuters, @tferriss, @joshk, @business, @scottmaustin, @pt, @susanthesquark, @rolfewinkler, @pkedrosky, @pkedrosky, @stevekovach, @stevekovach, @eliotwb, @obrien, @emilychangtv, @lexnfx, @shiraovide, @danprimack, @danprimack, @tonyromm, @amir, and @msquinn
| Eric Newcomer / Bloomberg: |
Profile of Garrett Camp, the Uber co-founder who envisioned the idea of private cars for hire with an app and whose stake in Uber is now worth ~$3.7B — Garrett Camp envisioned cities full of private cars for hire with an app. Travis Kalanick took it from there, and they both became wealthy beyond imagination.
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Bloomberg, Business Wire, Reuters, Business Insider, The Guardian, Bloomberg, CNBC, and TechCrunch
Tweets: @daveleebbc, @madhavchanchani, @mattrosoff, @markmilian, @dee_bosa, @seth_kaplan, @arashmassoudi, and @seldo
| Casey Newton / The Interface: |
Chris Hughes' op-ed reflects a consensus among early Facebook executives that the company is too large, too powerful, and too deleterious to society's health — Thanks to everyone who wrote with warm wishes about jury duty. Sadly, I was not called upon to serve my democracy.
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New York Times, The Verge, Slate, Business Insider, CNET, CNBC, PYMNTS.com, and Vox
Tweets: @kevinroose and @caseynewton
| Matt Rosoff / CNBC: |
Facebook isn't a monopoly in advertising, so breaking it up would be illogical and ineffective; it would also be expensive and discouraging to entrepreneurs — - Facebook co-founder Chris Hughes argues in an op-ed for The New York Times on Thursday that Facebook should be broken up under antitrust laws.
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| Chris Hughes / New York Times: |
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Tweets: @ewarren, @benedictevans, @oliviasolon, @chrishughes, @alexstamos, @zephyrteachout, @pinboard, @anandwrites, @sensanders, @daphnehk, @mmasnick, @kevin2kelly, @karaswisher, @jonrussell, @tomgara, @cwarzel, @charliebeckett, @antoniogm, @antoniogm, @antoniogm, @sunraysunray, @ow, @caseynewton, @cwarzel, @kurtwagner8, @mjb_sf, @marietjeschaake, @carnage4life, @davidklion, @edmundlee, @kimmaicutler, @towcenter, @caseynewton, @alexeheath, @carnage4life, @carnage4life, @mims, @elyssemorgan, @dougsaunders, @cnn, @karaswisher, @zephyrteachout, @donie, @ow, @elipariser, @kelseymsutton, @mscott, @nycjim, @elipariser, and @justinhendrix
| U.S. Department of Justice: |
US DoJ announces a China-based hacking group has been indicted for a series of computer intrusions including the 2015 Anthem hack which affected ~78.8M people — A federal grand jury returned an indictment unsealed today in Indianapolis, Indiana, charging a Chinese national as part … | Chris Velazco / Engadget: |
Lyft is testing longer-term car rentals with a small group of customers in San Francisco — Between offering on-demand rides and peppering cities with electric scooters, Lyft has been pushing hard to minimize the need to actually own a car. Now, the company is exploring yet another … | Steven J. Vaughan-Nichols / ZDNet: |
Google says that all Chromebooks launched this year will be Linux-ready right out of the box — Google has announced that all new Chromebook devices will be Linux ready. — At Google I/O in Mountain View, Google quietly let slip that “all devices [Chromebook] launched this year will be Linux-ready right out of the box.”| Zack Whittaker / TechCrunch: |
Researchers say flaws in a popular GPS tracker, used with elderly or kids, can reveal real-time location and remotely activate its microphone, suggest recall — A popular GPS tracker — used as a panic alarm for elderly patients, to monitor kids, and track vehicles — contains security flaws …
Tweets: @thekenmunroshow, @zackwhittaker, @zackwhittaker, and @ainsleyoc
| Kyle Wiggers / VentureBeat: |
Google says it will create a dedicated placement beneath the search bar for AMP Stories in mobile search results, starting with the travel category — At Google's annual I/O developer conference in San Francisco, the company gave an update on AMP Stories, an open source library … | Binance: |
Binance says it is significantly increasing its security, revamping its API, 2FA, and withdrawal validation, hopes to resume withdrawals and deposits next week — I would like to share some updates on the security incident. We understand the situation is tough for our community.
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CoinDesk, Coinspeaker, iAfrikan, Crypto Daily, CryptoGlobe, TechCrunch, Cointelegraph, and The Block
Tweets: @thecryptolark, @binance, and @icodrops
| Vlad Savov / The Verge: |
Beats Powerbeats Pro review: very comfortable and steady in the ear with great battery life, rich sound, and good bass, but not very discreet outside the gym — Apple's workout headphones are so much more than just a gym accessory — Dr. Dre, the man who boasted about being the first billionaire …
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9to5Mac
| Lauren Goode / Wired: |
Google is touting an increased focus on privacy and is making privacy settings slightly easier to find, but those settings remain very confusing for users — IT'S GOOGLE'S BIG privacy pivot, according to Google. — On Tuesday, The New York Times ran an op-ed about privacy written …
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Vox, Axios, Firstpost Tech, Cheddar, Patently Apple, iPhone Hacks, and Computerworld
Tweets: @matt_cagle and @ranimolla
| Daniel Arkin / NBC News: |
Viacom says Pluto TV, its free ad-supported streaming service, has 16M MAU, up from 12M in Jan. when it was acquired, plans to launch in Latin America in 2019 — The service leans heavily on the television equivalent of comfort food: throwback sitcoms, vintage movies, reality shows and nature specials.
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The Streamable, Wall Street Journal, MediaPost, FierceVideo, and Variety
Tweets: @d_arkin and @jasonabbruzzese
| Stewart Clarke / Variety: |
Netflix publishes its first top-10 lists of most-watched content on its platform in the UK, says it will start posting the lists every week in the country — Netflix took a step toward greater transparency Thursday, at least in the U.K., by publishing its first top-10 lists of most-watched content …
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Observer, Digital Spy, BGR, IndieWire, and Slate
| Aditya Kalra / Reuters: |
Sources: India's antitrust watchdog has preliminarily found that Google abused the dominant position of Android and has ordered a full probe in April — NEW DELHI (Reuters) - India's antitrust watchdog has ordered an investigation into Alphabet Inc's unit Google for allegedly abusing …
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The Verge, TechCrunch, and Engadget
| Washington State Office of the Attorney General: |
Washington AG says Amazon has agreed to require sellers of kids' school supplies and jewelry to provide lab certification that their products are not toxic — AG investigation found some school supplies with more than 80 times legal limit of lead — SEATTLE — Attorney General Bob Ferguson …
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