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Techmeme
June 2, 2016, 10:10 AM
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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.

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This is a Techmeme archive page. It shows how the site appeared at 10:10 AM ET, June 2, 2016.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Scott Nover / Washington Post:
The White House has blocked CNN from traveling with President Trump on Air Force One on Saturday to Knoxville, TN, jeopardizing the rotational TV pool

Sarah Perez / TechCrunch:
Sources: Automattic CEO Matt Mullenweg announces a new board and new advisers; board members include two founders of IRL and the author of the Silo book series

Charlotte Tobitt / Press Gazette:
The FT Group's unaudited global results show 2025 revenue up 5% YoY and operating profit up 23% to £51.8M; UK filings report 1.47M digital subscribers, up 9%

More News

Earlier Picks

Sarah Perez / TechCrunch:
Google's My Account will now help both iOS and Android users find their lost phones
Ingrid Lunden / TechCrunch:
Salesforce buys Demandware for $2.8B, taking a big step into e-commerce
Mary Jo Foley / ZDNet:
Microsoft opens Windows Holographic, the platform behind HoloLens, for partners to create AR/VR devices, is working with Intel, AMD, HTC, Acer, and others
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