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June 12, 2017, 11:45 PM
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| 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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Pando, Recode, Business Insider, BuzzFeed, The Verge, Quartz, BGR, The Economic Times, CNBC, SiliconANGLE, Global Nerdy, Recode, TheStreet, Engadget, New York Magazine, Silicon Valley Business …, Mashable, naked capitalism, Bloomberg, TechCo, The Daily Caller, Refinery29, Fortune, Inquirer, Axios, Tech Times, Wall Street Journal, FactorDaily, and New York Times
Tweets: @hemal, @mikeisaac, @mikeisaac, @danprimack, @jyarow, @karaswisher, and @amir
| 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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New York Times, BGR, Business Insider, Quartz, and Reuters
Tweets: @joefernandez, @sarahcuda, @ellenhuet, and @jamarlinmartin
| 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| 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, WeLiveSecurity, Motherboard, Washington Post, Wall Street Journal, ZDNet, USA Today, Reuters, dragos.com, Ars Technica, TechSpot, Tech Times, Federal Computer Week, CNET, Inquirer, The Register, ABC News, The Hacker News, Silicon Republic, and Gizmodo. Tweets: @marcorubio
| 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.| Andrew Cunningham / Ars Technica: |
iPad Pro 10.5-inch review: great tablet camera, lower latency with Apple Pencil, and excellent battery life, but iOS 11 still three months away — More RAM, great screen, and better keyboard will all shine... once iOS 11 is out. — Nothing Apple has done in the last three years has reversed …
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International Business Times, Engadget, MacStories, TechCrunch, MacDailyNews, Business Insider, New York Times, AppAdvice.com, Laptop Mag, Axios, BuzzFeed, Business Insider, MacStories, Fast Company, iPhone Hacks, MacRumors, and TechSpot
Tweets: @codinghorror, @nytimestech, and @viticci
| Dieter Bohn / The Verge: |
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Wired, The Loop, Business Insider, The Independent, SlashGear, 9to5Mac, MacDailyNews, BGR, and CNET
Tweets: @reckless, @waltmossberg, @stevekovach, and @stevekovach
| 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.| Sarah Perez / TechCrunch: |
Zelle, the real-time Venmo competitor backed by 30+ US banks, arrives this month embedded in apps of participating banks; standalone app coming later this year — The U.S. banking industry's answer to Venmo has now arrived. Starting this month, a new, person-to-person payments network called Zelle …
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Zelle, New York Times, Reuters, MacRumors, CNET, Engadget, Digital Trends, Business Insider, Mashable, The Verge, and Fast Company. Tweets: @pascalbouvier
| 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 … | 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.”
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Wall Street Journal and Reuters
| 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 … | Josh Constine / TechCrunch: |
Snapchat officially launches self-serve Ad Manager tool to make buying ads easier and a Certified Partners program that gives extra training to ad tech partners — To beat Facebook and Google's duopoly, Snapchat needs advertisers to build and buy campaigns with confidence.
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Adweek, Marketing Land, Recode, Axios, VentureBeat, CNBC, Seeking Alpha, The Drum, and campaignlive.co.uk. Tweets: @joshconstine
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