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)

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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

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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

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