Techmeme
May 16, 2020, 2:00 AM

Top News

Axios:
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round  —  Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
Owen Williams / OneZero :
Facebook's purchase of Giphy gives FB insight into how and where gifs are shared outside of its own apps, including device IDs and keystrokes in Giphy tools  —  GIPHY joins Facebook's data collection arsenal  —  Facebook announced on Friday that it will buy Giphy, a popular GIF search engine …
Wall Street Journal:
Sources: DOJ and state AGs are likely to bring antitrust lawsuits against Google as soon as this summer, focusing on its ad business and search dominance  —  Both the federal and state investigations are focused on Google's ad business  —  WASHINGTON—Both the Justice Department and a group …
Reuters:
US bans sales to Huawei of semiconductors and semiconductor designs made abroad using certain US software and technology  —  WASHINGTON (Reuters) - The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
Global Times:
China signals it is ready to retaliate for US' Huawei ban by launching investigations or imposing restrictions on companies like Qualcomm, Cisco, and Apple  —  China is ready to take a series of countermeasures against a US plan to block shipments of semiconductors to Chinese telecom firm Huawei …
Alex Konrad / Forbes:
Sources: Clubhouse raised a Series A round from a16z, which includes $10M in primary capital and at least $2M in secondary shares, at a $100M valuation  —  Clubhouse is a voice-based social media app with about 5,000 beta test users.  Prospective listeners have to sign up for a waitlist via Google form …
Stratechery:
Forcing Facebook and Google to pay for news could lead to uncritical reporting on tech; better approaches would tackle roots of media woes, including ad markets  —  Exponent — as promised! — will be back tomorrow, talking about podcasting, Spotify, and working from home.  —  On to the update:
Ben Lovejoy / 9to5Mac:
Netflix begins restoring full quality streaming in Europe; Apple TV+ restored 4K streaming in late April  —  Netflix is gradually lifting coronavirus-related streaming quality limits in Europe.  Netflix, Apple TV+, Amazon Prime Video has all complied with a European Commission request …
Wired:
Facebook's reluctance to fact-check conspiracy theories is based on an outdated “backfire” theory; experiments show fact-checks and debunkings are effective  —  The biggest social network in the world has the wrong idea for how to fight Covid-19 conspiracies.

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Featured Podcasts

Channels with Peter Kafka:
Brian Stelter on the 60 Minutes Mess; Nilay Patel on Apple's AI Problem
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Alex Sacerdote - How to Invest Through Technology Cycles
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
Father of the iPod and iPhone on building taste, judgment, and creativity in the AI era | Tony Fadell
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Will Apple (Finally) Get AI Right At WWDC?, Anthropic's Worry, Microsoft vs. OpenAI
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
The Upstarts Podcast:
Vanta's Christina Cacioppo: The Underdog Turning 'Nonsense' Compliance Into A $4.2B Security Standout
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.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

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Earlier Picks

Kevin Roose / New York Times:
Kif Leswing / CNBC:
Wall Street Journal: