Techmeme
June 30, 2019, 3:45 PM

Top News

Golnaz Esfandiari / Radio Free Europe/Radio Liberty:
Iran's Energy Ministry says that power consumption jumped 7% in June, largely due to Bitcoin mining, making the power grid unstable, seizes 1,000 Bitcoin miners  —  Iran has blamed an “unusual” spike in electricity consumption in the country on cryptocurrency miners, while warning …
Wall Street Journal:
Trump says he will allow sales of US equipment to Huawei, where there are no national security issues, for now; US will not impose new tariffs on China  —  U.S. agrees to halt additional tariffs on Chinese goods for now  —  OSAKA, Japan—President Trump and Chinese President Xi Jinping agreed …
Alyssa Bereznak / The Ringer:
How TikTok users are supplanting the traditional functions of record labels, like talent scouting and publicity, for new artists  —  Lil Nas X's ‘Old Town Road’ is both a chart-topping phenomenon and a turning point for the music business.  Here's what happens when a social media platform becomes a label.
Tweets: @alyssabereznak
Christopher Mims / Wall Street Journal:
A look at the challenges, downsides, and huge costs of 5G rollout in the US, which may take a decade or more to complete  —  As carriers launch their 5G networks, the promise of superfast wireless is clashing with the reality of the rollout; ‘the real onslaught has not yet begun’
Andrew Liptak / The Verge:
Ex-Equifax CIO Jun Ying sentenced to four months in prison for insider trading; he pleaded guilty to selling Equifax shares prior to 2017's breach announcement  —  Four months of jail time  —  The Justice Department announced this week that former Equifax CIO Jun Ying has been sentenced to four months in prison for insider trading.
Kyle Bradshaw / 9to5Google:
Google launches Fuchsia OS developer website with official documentation about developing for its open source operating system  —  As was repeatedly made plain to see during this year's Google I/O, developers are eager to learn more about Google's Fuchsia OS.
Celia Chen / South China Morning Post:
Profile of Foxconn's new chairman Liu Young-way, who joined the firm as a special assistant to Gou in 2007 and was named head of semiconductor business in 2017  —  Gou remains the largest shareholder with 10 per cent of the company's shares and retains his seat on the board Low profile head …
Kyle Wiggers / VentureBeat:
Booster, which enables fuel delivery directly to cars via an app in more than 20 US cities, raises $56M Series C, bringing total raised to $88.5M  —  Booster, a San Mateo, California-based startup offering same-day fuel delivery service in the U.S., today announced that it's raised $56 million …

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Featured Podcasts

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Grit explores what it takes to create, build and scale world-class organizations.
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Connecting the Unconnected: Doreen Bogdan-Martin
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Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
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Hard Fork:
'The Daily' and 'The Opinions': How A.I. Is Changing Loneliness and Taste
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The Upstarts Podcast:
Writer's May Habib: Building AI Tools For Corporate 'Normal People' The Labs Leave Behind
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.
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Susan Adams / Forbes:
Joseph Bernstein / BuzzFeed News:
Juli Clover / MacRumors:
H. Claire Brown / The New Food Economy: