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June 13, 2017, 7:35 AM
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| Bloomberg: |
Sources: Emil Michael believes a weak board and lax legal team at Uber, plus his friendship with Travis Kalanick, led to his ouster, not scandals — Emil Michael is replaced by David Richter as business head — CEO Travis Kalanick may take leave after series of scandals
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Silicon Republic, BuzzFeed, BGR, Fortune, and New York Magazine
Tweets: @rjonesy, @joefernandez, @sarahcuda, @sarahcuda, @carnage4life, and @ellenhuet
| Mike Isaac / New York Times: |
Emil Michael, Uber's senior vice president for business and second in command at the ride-hailing company, announces his departure in email to employees — SAN FRANCISCO — Emil Michael, Uber's senior vice president for business and second in command at the ride-hailing company …
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BuzzFeed, Wired, Pando, The Next Web, The Verge, Quartz, BGR, Global Nerdy, The Economic Times, SiliconANGLE, CNBC, TheStreet, Engadget, naked capitalism, Silicon Valley Business …, New York Magazine, Refinery29, Mashable, TechCo, Business Insider, Bloomberg, The Daily Caller, Fortune, Silicon Republic, Vanity Fair, and Inquirer
Tweets: @hemal, @mikeisaac, @ctatplay, @mikeisaac, @johnpaczkowski, @danprimack, and @jyarow
| Eric Newcomer / Bloomberg: |
Sources: Uber adds Nestlé executive and Alibaba board member Wan Ling Martello to its board, after Holder probe recommended more independent directors — Company adds Martello, a Nestle exec and Alibaba board member — Independent probe recommended more independent directors
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Wall Street Journal, Business Insider, East Bay Times, Morning Consult, CNNMoney, Fortune, New York Times, Seeking Alpha, Recode, Mercury News, Gizmodo India, Axios, Recode, Light Reading, and The Guardian. Tweets: @pandodaily
| Dieter Bohn / The Verge: |
Microsoft Surface Laptop review: great balance of power and thinness and beautiful touchscreen, but few apps on Windows 10 S, and Alcantara fabric requires care — Windows heir — Finally. It's a word that's famously overused in tech, and it's understandable.| Bloomberg: |
Tim Cook says Apple is focusing on autonomous systems, which Apple sees as “the mother of all AI projects”; self-driving cars are one purpose of such systems — For the first time, CEO elaborates on Apple's car plans — The company's automotive program has experienced turmoil
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Telegraph, Business Insider, The Verge, Axios, and Seeking Alpha
| Andy Greenberg / Wired: |
Researchers say Crash Override, which took down Ukraine's power grid, is the only known malware to have attacked physical infrastructure other than Stuxnet — AT MIDNIGHT, A week before last Christmas, hackers struck an electric transmission station north of the city of Kiev …
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Dragos Inc., The Daily Beast, Digital Trends, Ars Technica, Motherboard, WeLiveSecurity, Federal Computer Week, TechSpot, USA Today, CNET, Tech Times, Wall Street Journal, Inquirer, Reuters, The Register, ABC News, The Hacker News, Silicon Republic, Washington Post, Gizmodo, and ZDNet
Tweets: @kpoulsen, @esquiring, and @marcorubio
| Stan Higgins / CoinDesk: |
Bancor, a platform for launching blockchain tokens, raises ~$150M in largest-ever ICO — An initial coin offering (ICO) for a blockchain project called Bancor has set a new industry record, raising approximately $153m in ether, the native currency on the ethereum blockchain, as part of a crowdsale that concluded today.| Kia Kokalitcheva / Axios: |
Sleep monitoring startup Hello, which raised $40M+, to shut down, has laid off most employees and is seeking a buyer for its remaining assets — Hello, a sleep monitor maker that raised over $40 million in venture capital, has laid off most of its employees and is seeking a buyer for its remaining assets, Axios has learned.| Ryan Lawler / TechCrunch: |
Online finance startup SoFi has applied for a new-bank charter under the name of SoFi Bank to offer FDIC-insured account and credit-card product — In May, SoFi CEO Michael Cagney told TechCrunch the company would be applying for a bank charter “in the next month.”
More:
Reuters and Wall Street Journal
| Todd Bishop / GeekWire: |
Amazon rolling out update to Alexa app that allows users of its voice-calling feature to block specific contacts — Amazon is rolling out an update to its Alexa app that lets users of its voice-calling feature block specific people from calling them using the company's voice-activated assistant.| Frederic Lardinois / TechCrunch: |
Microsoft releases premium version of its Power BI data analytics and visualization software — Back in 2015, Microsoft launched a highly visual Power BIdata exploration and interactive reporting tool into general availability. The service is now in active use at 200,000 different organizations …
More:
Microsoft Power BI Blog, Petri, eWeek, On MSFT, GeekWire, MSPoweruser, and The Fire Hose. Tweets: @ckneumann. Thanks:@autumnrfox
| Wall Street Journal: |
Sources: Facebook is building feature to let users subscribe to news publications, expected by end of year; talks ongoing around payment model, Instant Articles — Facebook may soon help its users do something unfamiliar on the platform: pay for news by building a feature that would allow users …
More:
SiliconBeat, Tech Narratives, Axios, and Seeking Alpha
Tweets: @rafat, @mathewi, @themediaisdying, and @joshconstine
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