Techmeme
June 2, 2016, 10:10 AM

Top News

New York Times:
Uber raises $3.5B from Saudi Arabia's Public Investment Fund, will add managing director of the fund to its board  —  SAN FRANCISCO — In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of cash from a single investor.
IDC:
IDC: 2016 worldwide smartphone sales expected to grow 3.1%, down from 10.5% in 2015; Android will grow to 84% of shipments with an average selling price of $218  —  According to a forecast update from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker …
Benjamin Mayo / 9to5Mac:
Sources: Apple preparing new external 5K display as current model goes out of stock, may feature integrated GPU, could be announced at WWDC  —  The current $999 (!) Thunderbolt Display is showing its age to put it mildly, now significantly overshadowed by Retina MacBooks and iMacs in terms of screen resolution and quality.
David Streitfeld / New York Times:
Intel CEO Brian Krzanich planned, then cancelled, a Thursday night fund-raiser for Donald Trump; Trump to hold rally in San Jose instead  —  PALO ALTO, Calif. — Donald J. Trump would not be Silicon Valley's first choice as president.  Or its second.  Or maybe even its third.
Mike Murphy / Quartz:
Facebook announces Deep Text, an AI engine to understand meaning and sentiment behind posts, so the platform's content can be categorized, searched effectively  —  Today, Facebook announced Deep Text, an AI engine it's building to understand the meaning and sentiment behind all of the text posted by users to Facebook.
Sarah Frier / Bloomberg:
Sources: Snapchat has 150M daily active users, higher than Twitter's estimated 140M  —  The four-year-old messaging app is said to have 150 million people using it each day.  —  Snapchat Inc. has 150 million people using the service each day, said people familiar with the matter.
More: Gizmodo and The Drum
Phil Oakley / Android Police:
Google starts suggesting unused apps for Android users to uninstall in Google Play Store to save space  —  Apps are getting big - that's one thing no one will deny.  With some games reaching more than a gigabyte of space - LEGO Star Wars on my Nexus 6P is 1.17GB - it's becoming an issue …
Nick Bilton / Vanity Fair:
A look inside Twitter since Jack Dorsey's return, amid growth issues, high churn, sliding stock, including how Evan Williams pitched Medium to Twitter for $500M  —  Less than a year into his return as C.E.O., one thing is clear: the company's fortunes are indelibly tied to those of its controversial co-founder.
Colin Lecher / The Verge:
Yahoo publishes three FBI national security letters previously under gag order from 2013 and 2015, making it one of the first companies to do so  —  Yahoo has just published three national security letters, controversial government demands for information usually accompanied by a gag order and rarely made public.
Mary Meeker / KPCB:
Meeker report: global internet users surpass 3B but adoption rate flat except in India; voice assistants' word accuracy, latency, usage rates continue improving  —  The 2016 edition of Mary Meeker's annual Internet Trends report covers today's Internet growth and an in-depth look at the following:
Noah Kulwin / Recode:
Bloomberg hires Mark Gurman to cover consumer electronics starting this summer  —  Gurman graduated college last month.  —  Over the last few years, Mark Gurman has made a name for himself as the go-to guy for Apple product scoops.  And now he's taking his talents to Bloomberg.

Sponsor Posts

Smartsheet:
Smartsheet Gov Achieves ‘FedRAMP Ready’ Designation  —  Built on AWS GovCloud (US), Smartsheet Gov is the only work execution platform listed in the FedRAMP marketplace for federal agencies and government contractors.
Zoho:
Introducing QA mode and brand-new updates in Goals reports  —  We're excited to share that we've launched Quality Assurance mode for A/B testing, plus new updates to goal reports.
Chromebook:
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Freshdesk:
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Techmeme Leaderboards:
Find out who the top reporters are in 40 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.

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Sarah Perez / TechCrunch:
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