Techmeme
June 13, 2017, 12:15 PM

Top News

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:
Source: Russia's cyberattack on the US electoral system hit voter databases and software systems in a total of 39 states, twice as many as previously reported  —  Hackers said to take measure of voting systems, databases  —  A ‘red phone’ warning to the Kremlin from Obama White House
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
Eric Newcomer / Bloomberg:
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.
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.”
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.
 

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