Techmeme
June 13, 2017, 3:45 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:
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.
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
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

Sponsor Posts

Microsoft:
Making gaming accessible to all  —  Read the story behind the new Xbox Adaptive Controller, which will make gaming accessible to people with a broad range of disabilities.
eero:
CNET: eero Labs introduces a new innovation playground for networks.  —  eero is introducing eero Labs to give its customers a chance to try out new features on its mesh Wi-Fi system before they go mainstream.
IBM:
Multi-platinum music producer collaborates with AI and APIs  —  See how IBM partnered with Spotify to help Alex da Kid find the perfect match for his upcoming single.
Zoho:
How to connect in 60 seconds...  The best sales professionals are always looking for the slightest advantage to help them connect with more clients and close more deals.  —  They focus on small things …
CB Insights:
Memes That Kill: The Future Of Information Warfare  —  Memes and social networks have become weaponized, while many governments seem ill-equipped to understand the new reality of information warfare.

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