Techmeme
May 31, 2019, 12:20 PM

Top News

Reuters:
Sources: Amazon is interested in buying prepaid cellphone wireless service Boost Mobile from T-Mobile and Sprint  —  (Reuters) - Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources familiar with the matter said on Thursday.
Jordan Crook / TechCrunch:
Foursquare buys location analytics service Placed from Snap, raises $150M led by Raine Group; Placed reportedly raised $13.4M before Snap acquired it in 2017  —  Foursquare just made its first acquisition.  The location tech company has acquired Placed from Snap Inc on the heels …
BuzzFeed News:
Investigation: US universities, foundations, and retirement plans back funds that invest millions in Chinese surveillance tech companies Megvii and SenseTime  —  Millions of dollars from US university endowments, foundations, and retirement plans have helped fund two billion-dollar Chinese …
Lauren Feiner / CNBC:
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%  —  KEY POINTS  — The company reported total revenue of $3.10 billion, at the top end of its preliminary estimates for the quarter.
Maria Deutscher / SiliconANGLE:
Intuit says it is acquiring Origami Logic, an Accel-backed marketing analytics startup that has raised over $64M in funding, in a deal expected to close Q4 2019  —  Financial software powerhouse Intuit Inc. today announced that it's buying Origami Logic Inc., an Accel-backed marketing analytics startup.
More: Intuit Inc. and ZDNet
Tom Warren / The Verge:
Microsoft says devs can now bring Win32 games to the Microsoft Store, a shift away from the store's previous Universal Windows Platform requirement for games  —  It's been a long time coming  —  Microsoft had a dream with Windows 8 that involved universal Windows apps that would span across phones …
Nick Summers / Engadget:
Lily Hay Newman / Wired:
Google's new policies for Chrome extensions and Drive API will limit the ability of extensions and 3rd party apps to access personal data, starting this summer  —  AFTER YEARS OF issues with rogue Chrome extensions, hijacks, and malware, Google announced a slew of new policies Thursday to ensure the little browser applets are secure.
FinSMEs:
BabbleLabs, which wants to use AI to improve speech quality, accuracy, and personalization in voice apps, raises $14M Series A  —  BabbleLabs, a San Jose, Calif.-based speech technology startup, raised $14m in Series A financing.  —  The round was co-led by Dell Technologies Capital and Intel Capital …
Carolyn Said / San Francisco Chronicle:
Kiwibots, the “parallel autonomy” food delivery bots popular with students at UC Berkeley, are remotely piloted by workers in Colombia who are paid $2/hour  —  Karis Tang, age 2½, squealed with excitement when she saw a Kiwibot rolling through Sproul Plaza at UC Berkeley.
Dani Deahl / The Verge:
In the age of music streaming, missing, bad, or inconsistent song metadata is estimated to have left billions on the table unpaid to artists and musicians  —  Recently, a musician signed to a major indie label told me they were owed up to $40,000 in song royalties they would never be able to collect.

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More News

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Earlier Picks

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Sam Meredith / CNBC: