Techmeme
May 10, 2019, 5:30 PM

Top News

Lauren Feiner / CNBC:
Uber closes down 7.6% on its first day of trading after raising $8.1B in its IPO, which valued the company at about $82.4B  —  - Uber debuted Friday on the New York Stock Exchange at $42 per share, trading under the symbol “UBER.”  —  Uber began trading Friday on the New York Stock Exchange …
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.
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.
Chris Hughes / New York Times:
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 …
More: CNET
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 …
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.
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 …
Christina Farr / CNBC:
Inside Amazon's acquisition of PillPack as it prepares to take on CVS, Walgreens, and others in the $500B-a-year prescription drug market  —  It was May 2018, and PillPack CEO TJ Parker was in Seattle to meet with a small contingent from Amazon.  —  Suitors had been swarming around his online pharmacy …
Sarah Perez / TechCrunch:
Tinder is preparing to launch a Tinder Lite version of its dating app for emerging markets  —  Tinder is preparing to launch a version of its popular dating app aimed at users in emerging markets.  The app, which will be called “Tinder Lite,” offers a smaller, more lightweight version of the current flagship app, the company says.
Tweets: @mgsiegler and @levynews

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Featured Podcasts

Channels with Peter Kafka:
Craig Finn on Friendship, Fans and The Hold Steady's Second Life
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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The Social Radars:
Jared Friedman, Partner, Y Combinator; Co-founder, Scribd
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Hard Fork:
The Wirecutter Show: Tips for Using A.I. Smartly With Kevin Roose
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Invest Like the Best:
Nick Kokonas - Know What You Are Selling
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Grit:
The Grittiest Conversations of 2025: AI, Business & Beyond
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

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More News

Mark Wilson / Fast Company:

Earlier Picks

Lauren Goode / Wired:
Adi Robertson / The Verge:
Dan Seifert / The Verge:
Natasha Singer / New York Times:
Edgar Alvarez / Engadget: