Techmeme
June 30, 2020, 4:25 PM

Top News

Sarah Perez / TechCrunch:
YouTube TV is raising its monthly rate to $65 from $50, due to “the rising cost of content”; some ViacomCBS channels are becoming available on the service today  —  YouTube TV is getting another price hike, making its live TV streaming service less competitive with the cable TV services it aims to replace.
Rahul Shrivastava / India Today:
Sara Fischer / Axios:
Facebook will change its News Feed algorithm to prioritize news stories with original reporting and demote ones that are not transparent about their authors  —  Beginning today, Facebook will be updating the way news stories are ranked in its News Feed to prioritize original reporting, executives tell Axios.
Cara Lombardo / Wall Street Journal:
Sources: Uber in talks to buy Postmates for ~$2.6B in a deal that could be announced next week if not sooner  —  A deal between Uber and the San Francisco-based food-delivery company could be announced next week if not sooner  —  Uber Technologies Inc. is in discussions to buy Postmates Inc …
Abram Brown / Forbes:
Chat app Discord raises $100M led by Index Ventures at a $3.5B valuation, up from $2.05B 18 months ago, and says it has ~100M MAUs, up 50% YoY  —  By shutting out white supremacists and reinventing itself to be more accessible, Discord has added millions of more diverse users—teachers …
Jeff Hunter / AnyList Blog:
AnyList CEO details customer support challenges arising from implementing Sign In With Apple, which it won't support, complicated by its Hide my Email feature  —  Starting June 30th, Apple will be enforcing a new rule in the App Store requiring many apps to support Sign in with Apple.
Sarah Perez / TechCrunch:
Spotify will launch real-time lyrics in 26 markets across Southeast Asia, India, and Latin America in partnership with Musixmatch, starting June 30  —  Last November, Spotify confirmed it was testing real-time lyrics synced to music in select markets.  Tomorrow, the company will announce …
Catalin Cimpanu / ZDNet:
Researchers found 25 Android apps, downloaded 2.3M+ times, stealing Facebook credentials through a phishing page overlay; Google has now removed them  —  The malicious apps were downloaded more than 2.34 million times.  —  Google has removed this month 25 Android applications …
Steve Lohr / New York Times:
Leading universities and tech firms back a new project to give scientists access to the data centers of tech giants and to public data sets for AI research  —  A proposal to give scientists access to huge data sets and powerful computers.  —  Leading universities and major technology companies agreed …
Matthew J. Belvedere / CNBC:
Netflix says it will put 2% of its cash holdings, currently ~$100M, toward financial institutions and organizations dedicated to helping Black communities  —  - Netflix announced plans to start putting 2% of its cash holdings into financial institutions and organizations to “directly support Black communities in the U.S.”
Darrell Etherington / TechCrunch:
Google says it is acquiring Canadian smart glasses company North, which is winding down Focals 1.0 hardware and canceling its plans to ship Focals 2.0  —  Google confirmed today via blog post that it has acquired Canadian smart glasses company North, which began life as human interface hardware startup Thalmic Labs in 2012.
Sarah Perez / TechCrunch:
Sensor Tower: consumer spending on apps reached $50.1B globally during the first half of 2020, up 23.4% YoY, and first time installs were up 26.1% YoY  —  Consumer spending on mobile apps and app installs grew significantly during the first half of 2020, in part due to the COVID-19 pandemic, according to new data from Sensor Tower.
Ingrid Lunden / TechCrunch:
Capital, which offers an AI-based tool to help startups manage money and raise it in alternative ways, raises $9M “Seed 2”, after raising $5M in 2019  —  In 2019, in the US alone, more than 10,000 startups raised more than $133 billion in venture funding, with a large proportion of that equity investments.
Kelsey Sutton / Adweek:
Bozoma Saint John, veteran of Uber, Apple, and Pepsi-Cola, is joining Netflix as CMO, succeeding Jackie Lee-Joe, who joined Netflix a year ago  —  Marketing heavy hitter succeeds Jackie Lee-Joe after just a year  —  Marketing powerhouse Bozoma Saint John is joining the streaming giant Netflix as chief marketing officer.

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More News

Makena Kelly / The Verge:
River Davis / Wall Street Journal:

Earlier Picks

Sarah Perez / TechCrunch:
Brian Heater / TechCrunch:
Julia Alexander / The Verge: