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May 12, 2019, 9:50 AM
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| Nick Clegg / New York Times: |
Facebook responds to Chris Hughes, says it is not a monopoly and has robust competition in all areas it operates, reiterates its call for more regulation — Dismantling our company won't fix what's wrong with social media. — Mr. Clegg is Facebook's vice president for global affairs and communications.
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Tweets: @oliviasolon, @joshconstine, @oliviasolon, @hshaban, @reckless, @rsg, @sarahmillerdc, @id4ro, @thetomzone, @tomgara, @alexeheath, @reckless, @davidmackau, @reckless, @katelosse, @katelosse, @jamesrbuk, @iainthomson, @morrigan_wolfe, @daveleebbc, @joshconstine, @karinjr, @anandwrites, @geoffreyfowler, @tomvalletti, @lam_barrett, @cwarzel, @scobleizer, @jason_kint, @bgurley, @zephyrteachout, and @ezraklein
| Dan Primack / Axios: |
Uber's IPO got caught in a perfect storm of negative events on Friday, some of its own making, some, like Trump's China tariffs, outside its control — Uber's IPO stalled out yesterday, stunning both Silicon Valley and Wall Street. — Details: The ride-hail giant priced shares near the bottom of their range on Thursday night.| Lauren Feiner / CNBC: |
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| Bloomberg: |
A Hong Kong tycoon is suing the salesman who persuaded him to let an Austrian supercomputer named K1 manage his investments with AI, whose trades cost him $20M+ — Robots are getting more humanoid every day, but they still can't be sued. — So a Hong Kong tycoon is doing the next best thing.| Spencer Soper / Bloomberg: |
Amazon's recent pledge of $800M to make next-day delivery the new standard is pressuring rivals to increase their investments in logistics startups to compete — - Flexe and Dolly are lining up backing for national expansions — Several of the upstarts are led by former Amazon executives| Andreessen Horowitz: |
Enterprise startups should not rely on data network effects as a defensive moat and should focus on and invest in long-term defensibility from other areas — Data has long been lauded as a competitive moat for companies, and that narrative's been further hyped with the recent wave of AI startups.| Laura Hautala / CNET: |
A look at the eclectic, global data-hunting community, and the tools its members use to scour the internet for unsecured databases — Justin Paine sits in a pub in Oakland, California, searching the internet for your most sensitive data. It doesn't take him long to find a promising lead.| Bryan Menegus / Gizmodo: |
Tech activists are protesting Palantir's work with ICE by mass flagging “issues” with the company's most popular GitHub repositories — Tech activists continue to organize and win across many of the industry's biggest firms—and increasingly the online spaces tech workers gather …
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Fast Company and Gist
Tweets: @tbreisacher, @jrivanob, @chloerevery, @emmatcu, and @noahzgordon
| Elizabeth Ballou / Vice: |
An in-depth look at Ingress, a sci-fi AR/VR MMO game about two factions fighting for global domination, and how far its fans go in real life for a virtual war — She led hundreds of real people on secret missions for a make-believe cause. — At 4:30 PM on February 17th, 2017 …
Tweets: @austin_walker
| Connie Loizos / TechCrunch: |
SEC filing shows Jawbone Health CEO Hosain Rahman has managed to raise $65.4M for the company — Not everyone gets a second chance in Silicon Valley. Entrepreneur Hosain Rahman has been given many more than that. Though his last company, Jawbone, which produced wireless speakers and Bluetooth earpieces … | Alex Fang / Nikkei: |
JD.com posts record profit of $1.1B in Q1 on $18B revenue, up 20.9% YoY, says it now has 310.5M active user accounts, up from 305.3M in the previous quarter — Chinese e-commerce group renews alliance with Tencent to compete with Alibaba — NEW YORK — Despite scandals related to its chief executive …
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Financial Times, Axios, and Reuters
| Charlie Osborne / ZDNet: |
French telecom Orange to acquire Netherlands-based cybersecurity company SecureLink for €515M — The deal has been inked for over €500 million. — Orange has agreed to acquire SecureLink to tap into the growing enterprise cybersecurity market in Europe.
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orange.com, Financial Times, The Fast Mode, The Register, and FinSMEs
| Meir Orbach / CTech - 24/7: |
Salesforce to acquire Tel Aviv-based conversational AI startup Bonobo, source says for $50M — Software company Salesforce.com Inc. is acquiring Tel Aviv-based conversational AI startup Bonobo, incorporated as Bonobot Technologies Ltd., the company announced Thursday.Sponsor Posts
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