Techmeme
June 12, 2017, 10:45 PM

Top News

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 …
Kara Swisher / Recode:
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 …
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 …
Dieter Bohn / The Verge:
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 …
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.”
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 …
Edward C. Baig / USA Today:
The Essential Phone will launch as a Sprint exclusive but will also be available to purchase unlocked from Essential's website  —  NEW YORK—The Essential phone that is the brainchild of Android co-founder Andy Rubin doesn't have a launch date beyond the vague promise of late summer.

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Phil LeBeau / CNBC:
Tom Warren / The Verge: