Techmeme: Trainline, a European online bus and train ticketing service, closes up 17% on its first day of trading at ~£2B valuation, after raising £110M in its London IPO (Jasper Jolly/The Guardian)

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June 24, 2019, 8:55 AM

Top News

Eben Upton / Raspberry Pi:

Raspberry 4 launches with faster CPU, GPU, dual 4K monitor support, up to 4GB RAM, Gigabit Ethernet, 802.11ac, USB 3.0, Bluetooth 5.0, with 1GB model for $35 — We have a surprise for you today: Raspberry Pi 4 is now on sale, starting at $35. This is a comprehensive upgrade, touching almost every element of the platform.

More: TechCrunch, Engadget, Ars Technica, VentureBeat, iMore, The Next Web, Thurrott, The Verge, TechRepublic, Softpedia News, The Register, Inquirer, Android Authority, ZDNet, BetaNews, and Boing Boing

Kim Hart / Axios:

Senators to debut a bipartisan bill that would require data firms like Google to show the types of data collected, its uses, and its assessed value, quarterly — Senators Mark Warner (D-Va.) and Josh Hawley (R-Mo.) will introduce legislation on Monday to require Facebook, Google …

More: Business Insider and The Hill

Tweets: @raju, @profcarroll, and @jason_kint

Samira Sadeque / The Daily Dot:

Ravelry, a social networking site for knitting with ~829K MAUs, bans all posts supportive of the Trump administration, which it claims supports white supremacy — Ravelry, the leading social networking website for knitting activities, banned posts that are supportive of President Donald Trump and his administration.

More: Ravelry, Gizmodo, Business Insider, Mashable, and TechCrunch

Facebook: Pearl Fiber Arts

Tweets: @ravelry, @ekp, @bryandisagrees, @johnwilson, @kimcrayton1, @kurtschlichter, @nicole_cliffe, @scottgreenfield, @adamholisky, @gabrielrossman, @joycewhitevance, and @jessesingal

Jon Evans / TechCrunch:

Libra may become a global mobile reserve currency for individuals, not institutions, enabling them to receive, save, spend, and exchange a global hard currency — There is so much to write about Libra, and so much which has already been written misses the mark, mostly, I think …

More: The Guardian, Axios, The Guardian, Hacker Noon, and Ethereum World News. Tweets: @mdudas

Lizette Chapman / Bloomberg:

Stewart Butterfield wanted to return money to investors after his startup Glitch failed, but Accel refused, which led to its 24% stake in Slack at its IPO — Stewart Butterfield wanted to quit and give the money back to investors. They wouldn't let him. — Stewart Butterfield loved the game, but not enough people agreed with him.

Tweets: @lizette_chapman

David Streitfeld / New York Times:

A look at some egregious cases of counterfeit books sold on Amazon; this year Amazon began listing sales of counterfeit goods as a material risk in SEC filings — SPERRYVILLE, Va. — “The Sanford Guide to Antimicrobial Therapy” is a medical handbook that recommends the right amount …

Tweets: @mobylives, @brianstelter, @bubbaprog, @carmelathetwit, @amazonnews, and @penamerican

Jasper Jolly / The Guardian:

Trainline, a European online bus and train ticketing service, closes up 17% on its first day of trading at ~£2B valuation, after raising £110M in its London IPO — Shares rose by as much as 18% after float bucked the recent trend of weak stock market debuts

More: Independent.ie, Financial Times, and Bloomberg. Tweets: @richardjmurphy

Rosie Spinks / Skift:

Major European cities including Paris and Berlin ask the EU to help establish “strong legal obligations” compelling Airbnb to comply with local regulations — Ten European cities have asked the European Union not to grant vacation rental giant Airbnb “carte blanche” in the region.

Tweets: @rafat

Jordan Novet / CNBC:

Microsoft says Flight Simulator, which will be updated after 13 years and available as part of Xbox Game Pass in 2020, will support third-party content — KEY POINTS — Microsoft says it will support third-party content, but some developers weren't told about the update in advance.

More: Neowin and PC Gamer. Tweets: @jordannovet

Marc Hochstein / CoinDesk:

Report: QuadrigaCX CEO transferred customers' funds to his personal accounts on other cryptocurrency exchanges, effectively stealing $200M — QuadrigaCX's late founder and CEO used customers' funds to trade for his own account on other cryptocurrency exchanges, the Canadian firm's bankruptcy trustee said.

More: The Next Web, The Block, Cointelegraph, Bitcoinist.com, NewsBTC, Bloomberg, and CoinGeek

Tweets: @haileylennonbtc and @coindesk

Quartz:

US Bureau of Labor Statistics: the number of self-reported full-time taxi drivers, including drivers for Uber and Lyft, nearly tripled in the past ten years — Uber and Lyft radically changed the landscape for the taxi industry, and in cities like New York contributed to the collapse …

Steven J. Vaughan-Nichols / ZDNet:

Profile of the Open Invention Network, the largest patent non-aggression community in history with 3,000+ licensees, covering Linux and related open-source tech — While some businesses remain entangled in patent wars, the companies which have joined the OIN are freeing Linux from patent fights.

More: Slashdot. Tweets: @sflc and @sjvn

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From Mediagazer

Parker Molloy / The Present Age:

CBS News' credibility, built over decades, is being used now to launder political narratives that wouldn't survive scrutiny if they came from right-wing media

Daniel Thomas / Financial Times:

Sources: the BBC plans to announce a major deal to make bespoke shows for YouTube for the first time, which will later be aired on the BBC iPlayer and Sounds

Mike Fleming Jr / Deadline:

Q&A with Kathleen Kennedy about the highs and lows of her 14 years at Lucasfilm, going back to producing, the future of Star Wars, exploring AI tools, and more

More News

JD Alois / Crowdfund Insider:

Algorand raises $60M in an Algo token sale for its proof-of-stake blockchain platform that, it claims, can process and instantly confirm 1K transactions/second

More: CoinDesk, The Block, Yahoo Finance, TokenPost, SludgeFeed, Crypto Briefing, and Cointelegraph

Simon Owens / The Business of Content:

Brian McCullough on the Internet History Podcast and Techmeme Ride Home: the start, turning a personal podcast into a business, plans for a Ride Home franchise

Tweets: @simonowens

Mike Masnick / Techdirt:

Internet companies that call themselves “platforms” instead of publishers have no special legal protections or obligations under the Communications Decency Act

Tweets: @johnbattelle

Sam Dean / Los Angeles Times:

Privacy experts worry about how Amazon and Walmart will store and use videos captured by cameras worn by delivery associates during in-home deliveries

Tweets: @eff, @sidneyfussell, @peterhense, @hilarymkinney, @latimes, and @latimes

Kerry Flynn / Digiday:

Snap introduces Snap Select, which lets advertisers buy ads exclusively for Snap's premium content, like its shows and vetted premium partners, at fixed CPMs

Tweets: @rakeshlobster, @digiday, @richbtig, @russcp, and @richbtig

Erica Pandey / Axios:

As Amazon and others offer ever speedier delivery, the climate benefits of e-commerce disappear due to reduced fuel efficiencies and increased warehouse space

More: Engadget. Tweets: @tfadell, @chesapeakebay, @erica_pandey, and @axios

Earlier Picks

Sarah Perez / TechCrunch:

PayPal COO Bill Ready, who joined the company in 2013 when it acquired Braintree, is leaving the company at the end of 2019

More: PayPal, Inc., The Block, Observer, and Silicon Valley Business …. Tweets: @mdudas

Kyle Wiggers / VentureBeat:

iRobot has acquired Root Robotics, which makes a $199 educational robot that can be programmed to draw, respond to touch and sound, play music, and more

More: The Verge, iRobot MediaKit, Boston Business Journal, Motley Fool, Harvard University Gazette, Engadget, ZDNet, TechCrunch, The Robot Report, and IEEE Spectrum

Todd Bishop / GeekWire:

Airbus partners with Microsoft to sell custom apps for HoloLens to aerospace companies, starting with an app for airline maintenance workers and cabin crews

More: Technology Record, Computerworld, MSPoweruser, and ZDNet

Julie Jargon / Wall Street Journal:

How COPPA came about 20 years ago, making 13 years the internet's age of adulthood, as a bipartisan COPPA 2.0 bill seeks to raise the age to 16

Tweets: @wsj and @waituntil8th

Ellen Nakashima / Washington Post:

Sources: US Cyber Command launched an offensive cyber strike on Thursday that disabled Iranian computer systems used to control rocket and missile launches

Wall Street Journal:

Bitcoin rises above $10K for the first time in over a year, as the unveiling of Libra and increased institutional support spur hopes of mainstream adoption