Techmeme
May 12, 2019, 9:50 AM

Top News

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.
Lauren Feiner / CNBC:
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.
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 …
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 …
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.

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Earlier Picks

Heather Somerville / Reuters:
Simina Pasat / The GitHub Blog: