Techmeme: Sources: Infineon nears a deal to acquire Cypress Semiconductor in a deal valued at ~$10B, at about 30% premium to Cypress' Friday closing price (Bloomberg)

Open Links In New Tab

Mobile Archives Advertise Site News

June 3, 2019, 2:00 AM

Top News

Tony Romm / Washington Post:

Sources: FTC and DOJ have reached an agreement to divvy up antitrust oversight of Google and Amazon, putting Amazon under FTC's watch and Google under DOJ's — Antitrust regulators have divvied up oversight of Amazon and Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department.

Bloomberg:

Sources: Infineon nears a deal to acquire Cypress Semiconductor in a deal valued at ~$10B, at about 30% premium to Cypress' Friday closing price — - Transaction likely to value Cypress at $10 billion with debt — German chipmaker could pay $23 to $24 per share for Cypress

More: VentureBeat, Infineon Technologies, SiliconANGLE, and Seeking Alpha. Tweets: @business

Benjamin Herold / Education Week:

US schools are hastily adopting programs for monitoring students' social media activity to improve safety, often with little regard for effectiveness or privacy — Last December, early on a Sunday morning, Amanda Lafrenais tweeted about her cats. — “I would die for you,” the 31-year old comic book artist from Clute, Texas wrote.

More: Labnotes. Tweets: @benjaminbherold, @aral, @elizabeth_joh, @dangillmor, @educationweek, @katecrawford, @lizardengland, @oopinellas, @lacelavish, @malloryknodel, @dmcole_, and @benjaminbherold

Nick Bilton / Vanity Fair:

Former Facebook execs, who are mostly just expressing remorse now, should speak out more forcefully and use their Facebook riches to promote reform there — The Facebook co-founder has made enemies—very rich enemies—of many of his former partners, who are now speaking out.

Tweets: @vanityfair, @buzz, @marycypsy, and @jessefelder

Adam Engst / TidBITS:

Apple's Dark Mode, despite marketing claims, is at odds with the science of human visual perception and affects productivity by making it harder to read text — Dark Mode is the marquee feature of macOS 10.14 Mojave. Apple even gives it the top spot on the macOS product page, saying:

Tweets: @bdsams, @devan_, @stuartdredge, @woganmay, @kierondonoghue, @dougscripts, @andruedwards, @martinsfp, @davepolaschek, @gassee, @stroughtonsmith, @stevesi, and @stevesi

New York Times:

Boeing changed 737 Max's anti-stall software, which initially relied on two types of sensors, to rely on just one in the last version, without disclosing to FAA — SEATTLE — The fatal flaws with Boeing's 737 Max can be traced to a breakdown late in the plane's development, when test pilots …

More: Mashable, Engadget, and Slashdot

Tweets: @fmanjoo, @joshmankiewicz, @nytimesbusiness, @jacknicas, @jacknicas, @hardmaru, @benadida, @danrubin, @dhh, @stephenfleming, @lrozen, @lrozen, and @fredericjacobs

Alex Johnson / NBC News:

NBC officially launches NBC News Now, a free streaming news service with 8 hours of programming every weekday, expects to have it running 24/7 by 2020 — The service, which doesn't require cable service authentication, is intended to go round-the-clock by next year.

Tweets: @dcnorg

Jon Russell / TechCrunch:

TaniGroup, which operates a B2B platform for Indonesian farmers to sell their produce direct to 400 SMBs that cater to 10,000 consumers, raises $10M Series A — In 2016, former World Bank analyst Eka Pamitra teamed up with five friends to start a business that would help farmers in their native Indonesia.

Meir Orbach / CTech - 24/7:

PE firms Francisco Partners and Israel Growth Partners to acquire LiveU, an Israel-based developer of live broadcasting and streaming tech, for $200M — LiveU develops live broadcasting and streaming technologies negating the need for an outside broadcasting van, as the video is transmitted directly …

Tom Warren / The Verge:

YouTube, Snapchat, Gmail, Discord, and many other services were down throughout US during a major Google Cloud service outage, now resolved after 4+ hours — YouTube, Snapchat, Gmail, Nest, Discord, and a number of other web services suffered from major from outages in the US today.

Financial Times:

CFTC says it is in very early talks with Facebook to understand if its upcoming cryptocurrency falls under the US regulator's jurisdiction — Facebook has begun talks with the top US derivatives regulator over its plans for a digital currency, in a sign of how the world's largest social media platform …

More: CoinDesk. Tweets: @smtuffy

Lily Hay Newman / Wired:

Researcher outlines how he discovered and exploited the now-patched KeySteal flaw in macOS to access and decrypt keychain passwords without admin privileges — IN EARLY FEBRUARY, an 18-year-old German security researcher named Linus Henze demonstrated a macOS attack that would allow …

More: Tehrani.com. Tweets: @wired, @lilyhnewman, and @privacyproject

Sponsor Posts

Clay:

Turn any GTM idea into reality — Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.

Soxton:

AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!

Zoho:

Introducing Accessibility Controls in Zoho Vault — At Zoho Vault, we believe in security for everyone. Our commitment to accessibility goes beyond compliance; it's about empowerment.

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Invest Like the Best:

Alex Behring and Daniel Schwartz - Inside 3G Capital

The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.

Subscribe to Invest Like the Best.

Grit:

The Truth Behind Automation Claims in Customer Support | Cresta CEO Ping Wu

Grit explores what it takes to create, build and scale world-class organizations.

Subscribe to Grit.

Lenny's Podcast:

The rise of the professional vibe coder (a new AI-era job) | Lazar Jovanovic (Professional Vibe Coder)

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Big Technology Podcast:

Software In Shambles, OpenAI vs. Anthropic Super Brawl, Amazon's Struggles

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Hard Fork:

Elon Musk's Mega-Merger + We Test Google's Project Genie + What's Next for Moltbook Creator

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.

Subscribe to Hard Fork.

Tools and Weapons with Brad Smith:

Special Edition: Key findings from the Microsoft AI Diffusion Report

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.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:00 AM ET, June 3, 2019.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Charlotte Tobitt / Press Gazette:

The Independent names Barney Henderson, Newsweek's publishing director, as UK editor and Jacqui Merrington, Mail Metro Media's AI director, as executive editor

Matthew Keys / TheDesk.net:

E. W. Scripps agrees to sell its multicast network Court TV to Law&Crime owner Jellysmack, as it seeks to reduce debt tied to its Ion and Katz acquisitions

Nieman Lab:

Analysis: news organizations' open-source activity has fallen from a peak of 2,092 new public GitHub repositories in 2016 to 396 in 2025, an ~80% decline

More News

Kyle Wiggers / VentureBeat:

Sitetracker, a project and physical asset management platform with clients like Alphabet and Verizon, raises $10M, extending the $24M Series B it raised in 2018

Manish Singh / TechCrunch:

True Balance, a wallet app used in India's tier-two and tier-three markets, which has raised a total of $42M, says it now has ~60M users and $100M in GMV sales

Scott Stein / CNET:

Volvo invests in VR startup Varjo, says its engineers are designing new interfaces by driving on test tracks using Varjo's new mixed-reality headset XR-1

More: VentureBeat and UploadVR

Tweets: @cnetnews and @jetscott

Associated Press:

US court sentences Phantom Secure CEO to nine years in prison for selling encrypted phones to criminals and routing encrypted text messages via overseas servers

Andrei Zakharov / BBC:

Russia has a booming market for leaked personal data like phone records, addresses, passport details, and even bank security codes with prices starting at $16

Tweets: @josephfcox

Peter Holley / Washington Post:

As more esports players go pro, a growing number of doctors are devoting their time to treating injuries like “gamers thumb” that put players at risk

Tweets: @soylent_lament

Earlier Picks

Sean Hollister / The Verge:

With no branding yet from Intel to differentiate laptops under Project Athena, PC makers have little incentive to adhere to the project's target specifications

Tweets: @backlon, @verge, and @tomwarren

Lucas Shaw / Bloomberg:

Many of the top shows and movies on Netflix, produced by upcoming streaming competitors like AT&T and Disney, have licensing rights locked in for years to come

More: IndieWire and BGR

Tweets: @basche42, @stevekovach, @entstrategyguy, @lucas_shaw, @lucas_shaw, and @conroyforreal

Kyle Wiggers / VentureBeat:

Beam Dental, which uses brushing stats collected by its connected toothbrush to lower dental insurance premiums, raises $55M Series D

More: smartbusinessdealmakers.com and Columbus Business Journal

Facebook: Brianna Wu. Tweets: @nycryptolawyer, @hypervisible, @joelwinston, @wajobu, @dcseifert, @infapi00, @vcharne, @sub8u, @el33th4xor, @tomlawrencetech, @briannawu, @jaredlovell, @dangillmor, @ross, and @bryansmart

Natasha Lomas / TechCrunch:

The General Court of the EU agrees to hear a legal challenge to the EU-US Privacy Shield data transfer legislation, sets a date of July 1 and 2 for the hearing

Tweets: @fkarlitschek and @billmew

Saagar Enjeti / The Hill:

On Friday, US began requiring most visa applicants to provide information on their use of social media; the policy was announced in March 2018

More: FutureSin, BBC, CBS News, Bloomberg, Newser, TechCrunch, Quartz, The Points Guy, Slate, Engadget, The Verge, and The Daily Dot