Techmeme
September 5, 2019, 2:15 PM

Top News

Bloomberg:
Sources: Apple is developing in-screen fingerprint tech to work alongside Face ID for its 2020/2021 iPhones and a low-cost 4.7-inch iPhone for H1 2020  —  - Company previously replaced fingerprint sensing with Face ID  — New low-cost iPhone in the works for first half of next year
Sarah Perez / TechCrunch:
Facebook Dating launches in the US as an opt-in feature integrated with Instagram, for users 18 and over, with a separate profile  —  Are Americans ready to trust Facebook with their dating life?  Barely more than a month has passed since the U.S. Federal Trade Commission fined Facebook …
Richard Lawler / Engadget:
Samsung says the 512GB 5G model of Galaxy Fold will be available in Europe starting September 18 for ~$2,000; US launch will happen “in the coming weeks”  —  After its first attempt at a launch fizzled out in the spring, the Samsung Galaxy Fold is ready to try again at making a first impression.
Nick Statt / The Verge:
Google is open sourcing its differential privacy library, which it uses to securely draw insights from data sets containing sensitive user information  —  Google is making differential privacy available to anyone  —  Google today announced that it is open-sourcing its so-called differential privacy library …
Bloomberg:
Sources: WeWork is considering seeking a valuation of ~$20B-$30B in its US IPO, marking a significant reduction from an earlier valuation of $47B  —  - Valuation would be a step down from earlier $47 billion  — IPO plans have received criticism for ‘obfuscating’ details
Taylor Soper / GeekWire:
Microsoft acquires Seattle-based cloud migration company Movere for an undisclosed amount; Movere is Microsoft's third Azure-related acquisition since July  —  Microsoft didn't have to go far for its latest acquisition.  The Redmond, Wash.-based tech giant today announced that it acquired Movere …
Klint Finley / Wired:
Facebook, Microsoft, the Partnership on AI, and seven universities launch the “Deepfake Detection Challenge” to encourage better ways of detecting deepfakes  —  Deepfakes are improving.  The contest, which will include deepfakes created by Facebook, is designed to help researchers keep up.
Frederic Lardinois / TechCrunch:
Atlassian announces new pricing tiers, including a free tier for all services, and new tools, such as data residency controls for companies  —  At our TC Sessions: Enterprise event, Atlassian co-CEO Scott Farquhar today announced a number of updates to how the company will sell its cloud-based services.
Reuters:
Prudential Financial to buy Assurance IQ, which uses data science and AI to sell insurance policies from 20+ providers online, for $2.35B  —  (Reuters) - U.S. insurer Prudential Financial Inc has agreed to acquire online insurance startup Assurance IQ Inc for $2.35 billion …
MIT Technology Review:
Scholars have resigned from MIT Media Lab over post-2010 financing from Jeffrey Epstein; its founder, Nicholas Negroponte, says it was right to take the money  —  At an internal meeting, Nicholas Negroponte shocked some people with his comments on funding from the alleged sex trafficker.
Aaron Smith / Pew Research Center:
Pew study of 4,272 US adults: 86% have heard about facial recognition tech, 56% trust law enforcement to use it responsibly compared to 36% for tech companies  —  But the public is less accepting of facial recognition technology when used by advertisers or technology companies
Michael Novinson / CRN:
Palo Alto Networks to acquire IoT security startup Zingbox for $75M; Zingbox has 70 employees and has raised $23.5M in outside funding  —  Palo Alto Networks Chief Product Officer Lee Klarich said the proposed $75 million purchase of Zingbox will allow customers to get IoT security capabilities without any additional hardware required.
Ron Miller / TechCrunch:
New York-based BigID, which helps monitor and protect enterprise customers' private data, raises $50M Series C; BigID has raised over $96M, per Crunchbase  —  It turns out GDPR was just the tip of the privacy iceberg.  With California's privacy law coming on line January 1st and dozens …
More: BigIDThanks:@dstickler_01
FinSMEs:
Olivela, a platform for luxury fashion, jewellery, and more from 400+ brands that gives 20% of sales to charity, raises $35M Series A led by Morgan Stanley  —  Olivela, Inc., a luxury fashion and beauty retail company, raised $35m in Series A financing.  —  The round was led by Morgan Stanley & Co. International plc.
More: WWD
CNBC:
Google will pay a $136M fine to the FTC and $34M to the New York Attorney General to settle claims that it violated child privacy laws on YouTube  —  - Google marketed itself as the “leader” for content for children ages 6 through 11, the allegations claim.

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Earlier Picks

Jordan Novet / CNBC:
Jacob Kastrenakes / The Verge:
Zack Whittaker / TechCrunch:
New York Times: