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Techmeme
June 27, 2017, 4:00 PM
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EU Press Room:
EU Commission fines Google €2.42B for abusing search engine dominance by promoting its own shopping service, gives 90 days to end conduct or face penalties  —  The European Commission has fined Google €2.42 billion for breaching EU antitrust rules.
Kent Walker / Google:
Google says it “respectfully disagrees” with the EU Commission's decision and will review it in detail as it considers an appeal  —  When you shop online, you want to find the products you're looking for quickly and easily.  And advertisers want to promote those same products.
Russell Brandom / The Verge:
Ransomware attack spreads to firms and agencies in Britain, US, and Netherlands, including ad firm WPP, a US law firm, and shipping giant AP Moller-Maersk  —  A major ransomware attack has brought businesses to a close throughout Europe, in an infection reminiscent of last month's WannaCry attack.
Jon Henley / The Guardian:
Ransomware attack affecting Windows machines hits Russian oil giant Rosneft, many Ukrainian banks, Ukrainian firms and utilities including state power service  —  Ukraine's government, banks and electricity grid hit hardest by cyber-attack, but companies from Saint-Gobain in France to Rosneft in Russia also affected
Harry McCracken / Fast Company:
As Facebook reaches the 2B MAUs milestone, a look at its growth strategy over the years with interview of VPs of growth, growth marketing, social good, others  —  Facebook's growth team has a methodical approach to understanding what new users want and a surprisingly broad mandate.
Darrell Etherington / TechCrunch:
You can now request an Uber ride for people without a smartphone or Uber account, making it easier to help seniors  —  Uber is adding a new feature that lets you specify someone else in your phone's contact book as the rider for the trip.  It was always possible to hail a ride …
Darrell Etherington / TechCrunch:
Drive.ai raises $50M Series B led by NEA for retrofit kits to bring self-driving to existing fleets  —  Self-driving technology startup Drive.ai has raised a $50 million Series B funding round, led by NEA and with participation from GGV and previous investors, including Series A lead Northern Light.
Tony Romm / Recode:
US House committee debates 14 bills regarding self-driving car rules, as 22 states have enacted their own, often conflicting, regulations  —  It's one of 14 bills that House lawmakers debated Tuesday.  —  Greg Walden recently was riding comfortably in his Subaru Outback …
Bloomberg:
Apple leases small fleet of cars from Hertz to test self-driving tech, according to documents from California's DMV; Hertz stock jumps 13%+

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From Mediagazer

Ali Swenson / Associated Press:
New media sites on the left have found growing audiences; Drop Site News co-founder Ryan Grim says his two-year-old site has 800K free and 60K paid subscribers

The Scottish Beacon:
In an open letter, the Scottish Beacon calls on the Scottish government to create a local news fund, invest in public ads, and fund journalism placements

Caitlin Huston / The Hollywood Reporter:
SiriusXM reports Q2 revenue up 1% YoY to $2.16B, net income up 17% YoY to $239M, and net gain of 22K paid subscribers for a total of 33M; SIRI falls 12%+

More News

Earlier Picks

Wall Street Journal:
Sources: Sprint enters into exclusive talks with Charter and Comcast on wireless deal, merger discussions with T-Mobile put on hold
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