Techmeme
June 13, 2017, 3:10 PM

Top News

Eric Newcomer / Bloomberg:
As Travis Kalanick takes leave, the company will strip him of some duties and appoint an independent chair to limit his influence, according to Holder report  —  Travis Kalanick will hand off some duties to COO, chair  —  He plans to take a leave without disclosing return date
Covington & Burling:
Report on Uber recommends board oversight committee, reevaluated cultural values, reducing alcohol use at work events, prohibiting boss-employee relationships  —  On February 19, 2017, Susan Fowler, a former engineer at Uber Technologies, Inc. ("Uber"), published a blog post detailing allegations …
Katie Benner / New York Times:
When an Uber employee sells stock back to the company under a repurchase program, Travis Kalanick gets voting rights to all of that employee's shares  —  SAN FRANCISCO — Travis Kalanick, the chief executive of Uber, already wields plenty of control over the company because it is structured to favor its founders.
Bloomberg:
Tim Cook says Apple is focusing on autonomous systems, which he sees as “the mother of all AI projects” and can be used for developing self-driving cars  —  For the first time, CEO elaborates on Apple's car plans  —  The company's automotive program has experienced turmoil
Bloomberg:
Sources: Russian cyberattack on US electoral system hit voter databases and software systems in total of 39 states, prompting direct message from Obama to Putin  —  Hackers said to take measure of voting systems, databases  —  A ‘red phone’ warning to the Kremlin from Obama White House
Janko Roettgers / Variety:
Sources: Google hires Manu Gulati, who led Apple's chip development for almost eight years, as Lead SoC Architect  —  Google has hired a veteran chip architect away from Apple and is now looking to build its own chips for future versions of its flagship Pixel phone, Variety has learned from sources familiar with the hire.
Jacob Kastrenakes / The Verge:
Instagram launches out of beta its Archive feature that hides old posts without deleting them  —  Instagram is releasing its Archive feature to all users today, after testing it with a smaller group of people last month.  —  The feature lets anyone on Instagram hide their old posts without deleting them.
Bloomberg:
Verizon officially closes the $4.5B Yahoo deal; combined assets form a Verizon unit called Oath led by Tim Armstrong, and Marissa Mayer steps down  —  Combined assets form Verizon unit called Oath led by Armstrong  —  Yahoo is renamed Altaba with Thomas McInerney named CEO
Dieter Bohn / The Verge:
Microsoft Surface Laptop review: balances power and thinness well, has a 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.
Emma Lee / TechNode:
Chinese cloud computing company QingCloud raises about $160M Series D as it prepares for IPO  —  Just a few years ago, billion-level funding would be beyond the imagination of Chinese cloud computing companies.  But now it is becoming more and more tangible as the market matures.

Sponsor Posts

Microsoft:
Feminism flourishes in rural India  —  On the soccer pitch and in the classroom, Franz Gastler looks to help girls become voices for change.
eero:
New security features from eero Plus  —  Protect all your connected devices with VPN, 1Password, Malwarebytes, and Ad blocking.
Smartsheet:
Move Beyond Email  —  It's the ultimate productivity killer for teams.  Find out how to move your business away from reliance on email to cloud-based collaboration.
Zoho:
Planned maintenance of our Europe Data Center  —  As a part of our annual infrastructure maintenance at our Europe Data Center, we will be switching our apps from the Primary to Secondary data center on 26th November …
Worldpay:
2017 Global Payments Report  —  Your ultimate guide to the world of payments in 36 markets.  Visit the microsite and download a free copy of the report.
 

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