Techmeme
July 2, 2015, 10:50 AM

Top News

Dick Costolo / Guardian:
Twitter helped open access to information, people, and power, and that access should be used responsibly and with empathy  —  why tech firms are set to face complex ethical issues  —  After nearly five years the Twitter CEO is standing down.  He explains why it wants to champion the underserved …
More: Bloomberg Business and Fortune.  Tweets: @mikeisaac
Alistair Barr / Wall Street Journal:
Google Photos app mistakenly tags black people as ‘Gorillas’; Google apologizes, says it's working on a fix  —  Google Mistakenly Tags Black People as ‘Gorillas,’ Showing Limits of Algorithms  —  Google is a leader in artificial intelligence and machine learning.
Jon Russell / TechCrunch:
Xiaomi Sold 34.7M Smartphones In First Half Of 2015, Up 33% Year-On-Year  —  Chinese smartphone maker Xiaomi today confirmed that it sold just shy of 35 million phones in the first half of this year. … Xiaomi, which is valued at $45 billion and is the world's third largest exporter of phones …
Carolyn Said / San Francisco Chronicle:
City of San Francisco to create short term rental office to streamline Airbnb host registrations and investigate law violators  —  S.F. to create city office to enforce Airbnb law  —  San Francisco will take a carrot-and-stick approach to vacation rentals, making it easier for hosts …
Eugene Kim / Business Insider:
PayPal to acquire international money transfer service Xoom for $890M  —  Xoom shares skyrocket more than 20% after PayPal bid  —  PayPal is acquiring digital money transfer service Xoom for roughly $890 million.  PayPal is paying $25 per share, about a 32% premium Xoom's 3 month weighted average price.
Russell Brandom / The Verge:
Aaron Wall / SEO Book:
Yahoo is testing Google-powered search results and ads  —  Yahoo! Search Testing Google Search Results  —  Search PandaMonium  —  A couple days ago Microsoft announced a deal with AOL to have AOL sell Microsoft display ads & for Bing to power AOL's organic search results and paid search ads for a decade starting in January.

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More News

Deepa Seetharaman / Wall Street Journal:

Earlier Picks

Sam Sheffer / The Verge: