Techmeme
July 23, 2019, 9:10 AM

Top News

Wall Street Journal:
Sources: Apple is in advanced talks to buy Intel's smartphone modem chip business in a deal valued at $1B+ covering staff and a portfolio of patents  —  Apple Inc. AAPL 2.29% is in advanced talks to buy Intel Corp. INTC 2.15% 's smartphone-modem chip business, according to people familiar with the matter …
Russell Brandom / The Verge:
Flaw in Facebook's Messenger Kids let kids invite a parent-approved user into a group chat even if that user wasn't authorized to chat with others in the group  —  ‘We recently notified some parents... about a technical error,’ a Facebook representative said
Jason D. Rowley / Crunchbase News:
Commission-free trading app Robinhood raises $323M Series E led by DST Global at a $7.6B post-money valuation, has raised a total of $862M to date  —  Unless you were some hotshot finance person in the 1980s, you probably only recently started using your mobile phone to place trades.
Arielle Pardes / Wired:
Megan Rose Dickey / TechCrunch:
Uber is testing a $24.99/month subscription pass that includes a fixed discount on rides, free Uber Eats delivery, and free rides on JUMP bikes and scooters  —  Uber is actively testing a monthly subscription pass that combines rides, Eats, bikes and scooters.
Stacy Cowley / New York Times:
Equifax will pay at least $650M and potentially significantly more to end an array of state, federal, and consumer claims over the 2017 data breach  —  The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims …
Jeremy Horwitz / VentureBeat:
Apple debuts watchOS 5.3, fixing Walkie-Talkie vulnerability, and iOS 12.4 with improvements to Apple News+ and a way to wirelessly migrate data to a new iPhone  —  A little over two months ago, Apple released the first beta versions of iOS 12.4 and watchOS 5.3 — late point releases for its 2018 iPhone …
Joe Tidy / BBC:
Profile of Marcin Kleczynski, CEO and co-founder of Malwarebytes, who quietly grew the company in his dorm to a multi-million dollar/year business by graduation  —  The BBC's weekly The Boss series profiles different business leaders from around the world.  This week we speak to Marcin Kleczynski …
Kyle Wiggers / VentureBeat:
Microsoft says it will invest $1B in OpenAI, beginning a partnership to jointly develop new AI technologies for the Azure cloud platform  —  Microsoft today announced that it would invest $1 billion in OpenAI, the San Francisco-based AI research firm cofounded by CTO Greg Brockman …
Tony Romm / Washington Post:
Inside FTC's 16-month Facebook probe that ended in a $5B fine; sources: FTC initially considered imposing more direct liability for Zuckerberg and a bigger fine  —  Facebook's $5 billion fine from the FTC illustrates the challenges facing a 105-year-old Federal agency tasked with watching …
Manish Singh / TechCrunch:
Mobile bank MoneyLion, which provides both financial advice and access to loans, raises $100M Series C led by Edison Partners and Greenspring Associates  —  There's a new fintech startup in the U.S. that is inching closer to the unicorn status.  New York City-headquartered MoneyLion …

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More News

Christopher Mims / Wall Street Journal:
Tweets: @mims, @mims, @mims, @socialmatt, @wsj, and @wsj

Earlier Picks

Tom Warren / The Verge:
Jay Greene / Washington Post:
Washington Post: