Techmeme: Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82 (Bloomberg)

Top News

Researchers find YouTube's recommendation algorithm is curating home movies of unwitting families into a catalog sexualizing children — Christiane C. didn't think anything of it when her 10-year-old daughter and a friend uploaded a video of themselves playing in a backyard pool.

More: The Verge, NBC News, YouTube Blog, Variety, and Boing Boing

Tweets: @max_fisher, @max_fisher, @max_fisher, @bmorrissey, @slpng_giants, @max_fisher, @max_fisher, @mhbergen, @annemariebridy, @bernstein, @briannawu, @zeynep, @zeynep, @ashleyesqueda, @_cingraham, and @_cingraham

See also Mediagazer

Paul Sawers / VentureBeat:

Twitter acquires Fabula AI, which uses ML to help detect the spread of misinformation online, to join Twitter's in-house team of AI researchers called Cortex — Twitter has acquired Fabula AI, a London-based startup that uses machine learning (ML) to help detect the spread of misinformation online.

More: Twitter, Marketing Land, ZDNet, TechCrunch, and Neowin. Tweets: @twittereng

Josh Constine / TechCrunch:

Facebook introduces Avatars, its Bitmoji competitor, launching the look-alike stickers feature today in Australia for use in Messenger and News Feed comments — Stickers that look like you — Ditch those generic emoji. Facebook's new Avatars feature lets you customize a virtual lookalike …

Bloomberg:

Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82 — - The proposed acquisition values Cypress at about $10 billion — Semiconductor players are wrestling with slowing growth

More: Reuters, Infineon Technologies, Reuters, VentureBeat, Bloomberg, Telegraph, SiliconANGLE, Silicon Valley Business …, Inquirer, Wall Street Journal, Fortune, and Seeking Alpha. Tweets: @infineon

PYMNTS.com:

Stripe launches Chargeback Protection, based on its fraud prevention tool Radar, which automatically reimburses businesses for the cost of a disputed charge — Stripe, the payments company, announced Monday (June 2) the launch of Chargeback Protection, a new service that provides customers with machine learning-based fraud protection.

More: Irish Tech News, Stripe, and SiliconANGLE

Sijia Jiang / Reuters:

Filing: Huawei is selling off its undersea telecom cable business, its first major asset sale since the US ratcheted up its accusations against the company — HONG KONG (Reuters) - Huawei Technologies Co Ltd plans to sell its undersea telecom cable business, showed a buyer's filing on Monday …

More: South China Morning Post, KrASIA, Financial Times, Axios, The Verge, and Bloomberg. Tweets: @eolander

Kate Rooney / CNBC:

PayPal rolls out its e-commerce platform, used by Instagram Checkout and Facebook Marketplace, to all, with services like fraud protection and authentication — KEY POINTS — The payments giant announced the launch of the"PayPal Commerce Platform" Monday, an e-commerce system …

More: PayPal, ZDNet, Crowdfund Insider, MarketWatch, and Datanami

Nicholas Megaw / Financial Times:

eBay partners with Spanish bank Santander to offer loans to more than 200,000 SMBs on its platform in UK via Asto, the bank's business bookkeeping app — Santander and eBay have agreed a lending partnership for small businesses as the two groups attempt to combat competition from tech giants and newer digital rivals.

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, Silicon Valley Business …, CryptoGlobe, Crypto Briefing, Mashable, The Next Web, PYMNTS.com, Coinspeaker, Cointelegraph, Seeking Alpha, and The Block

Tweets: @icodrops and @smtuffy

Niraj Chokshi / New York Times:

Report: 52% of parents vs. 39% of teens said they spend too much time on their phones, up from 29% of parents and down from 61% of teens in 2016 — The kids are all right. But the parents? — Since 2016, adults have grown much more concerned about the time they spend on mobile devices …

More: Wall Street Journal, Axios, Common Sense Media, TechRadar.com, Thrive Global, New York Post, Telegraph, MarketWatch, Quartz, CNET, EdSource, and Common Sense Media

Tweets: @jessica_smetana, @adamsinger, @pfagell, and @wsj

Brenda Goh / Reuters:

IEEE says it has lifted restrictions on employees of Huawei and its subsidiaries in participating in papers' peer reviews, after clarification from the US DOC — SHANGHAI (Reuters) - The Institute of Electrical and Electronics Engineers (IEEE) said on Monday curbs on employees of Huawei Technologies …

More: IEEE, CNET, KrASIA, TechNode, and Pandaily. Tweets: @huaweifacts

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.

More: KnowTechie. Tweets: @dcnorg

Marianna Tzabiras / IFEX:

Caller ID and spam blocking app Truecaller can endanger journalists by revealing their phone numbers, even if journalists never use the app — While TrueCaller may have laudable intentions, the privacy implications for people who end up in their database raise concerns.

Tweets: @ifex and @arictoler

Sponsor Posts

Soxton:

Fast, affordable 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!

F5:

Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.

Zoho:

Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …

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

Lenny's Podcast:

The hidden pattern behind successful products | Mark Pincus (Founder of Zynga)

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:

SpaceX's IPO Triumph, Anthropic's Fable Fumble, OpenAI's Price War

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.

Access:

A top iPhone app developer reacts to Apple's new Siri

A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.

Subscribe to Access.

Hard Fork:

'Hard Fork' Live, Part 1: Satya Nadella and Cindy Cohn

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.

The Upstarts Podcast:

TBC's Alex Ksendzovsky: The Neurosurgeon Using Brain Cells To Build Better AI

Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.

Subscribe to The Upstarts Podcast.

Tools and Weapons with Brad Smith:

AI's Mythos Moment: Rishi Sunak on preparing governments for AI

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 12:05 PM 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.