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June 30, 2017, 6:40 PM
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| New York Times: |
Germany passes law allowing fines of up to $57M for social media companies if they do not delete illegal, racist, or slanderous content within 24 hours — BERLIN — Social media companies operating in Germany face fines of as much as $57 million if they do not delete illegal …
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Tweets: @joemillerjr and @joemillerjr
| Kurt Wagner / Recode: |
Facebook says it will identify and demote links from users who post more than 50 times a day in News Feed — People who post 50-plus times per day are likely sharing spam or false news, Facebook says. — Facebook has a new way of identifying false news and spam in users' feeds …
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Facebook, The Hill, TechCrunch, USA Today, Marketing Land, Mashable, Globe and Mail, Adweek, New York Magazine, LJ INFOdocket, Engadget, and Seeking Alpha
Tweets: @kurtwagner8, @alex, @kantrowitz, @brianmcc, and @epro
| Kia Kokalitcheva / Axios: |
Redfin, a real estate database and brokerage services startup, files for $100M IPO — Redfin, a 12-year-old company that provides an online real estate database and brokerage services, has filed for a $100 million IPO, though the amount is likely a placeholder.
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GeekWire, TechCrunch, and VentureBeat
| Katie Benner / New York Times: |
More female entrepreneurs describe sexual harassment by investors on the record; Dave McClure is no longer running 500 Startups after an internal investigation — Their stories came out slowly, even hesitantly, at first. Then in a rush. — One female entrepreneur recounted …
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Medium, SiliconBeat, TechCrunch, The Information, New York Magazine, Bloomberg, and Remains of the Day
Tweets: @sacca, @cindygallop, @selenalarson, @pandodaily, @bizcarson, @nytimesbusiness, @mathewi, @rmac18, @mat, and @ktbenner
| Facebook: |
Facebook begins global rollout of “Find Wi-Fi” feature for its mobile apps, which displays nearby WiFi hotspots that businesses shared from their Facebook pages — Today we're beginning to roll out Find Wi-Fi everywhere in the world on iPhone and Android.
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TechCrunch, Engadget, Axios, Mashable, and iPhone in Canada Blog
| Arno Schuetze / Reuters: |
Delivery Hero rises 9% on a first day of trading in Frankfurt after raising about €1B in an IPO — Shares in $5 billion online takeaway food delivery group Delivery Hero (DHER.DE) rose as much as 9 percent on their Frankfurt stock market debut, boosting prospects for other potential technology listings this year.
| Paul Sawers / VentureBeat: |
Nokia nabs Samsung North America CEO to lead its consumer-focused Technologies division — Nokia has finally filled the vacant role of president of its Nokia Technologies division, nine months after Ramzi Haidamus stepped down. — The Finnish tech company has appointed Gregory Lee … | Martin Luis Gomez / Facebook Code: |
Facebook says its solar-powered Aquila drone completed its second test flight successfully, flying for 1 hour and 46 minutes before landing perfectly — Just after dawn on May 22, Facebook reached another exciting and important milestone for the Aquila program — completing the successful second full-scale test flight of the aircraft.
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BBC, Digital Trends, GeekWire, TechCrunch, SlashGear, Naked Security, Neowin, Inquirer, Silicon Republic, Recode, Fortune, Engadget, Reuters, The Verge, PC Magazine, Peter O'Kelly's Reality Check, and Business Insider. Facebook: Facebook
| Julie Bort / Business Insider: |
Virtualized storage startup Tintri closes up 3.86% on a first day of trading, after lowering its IPO price from $10.50-$12.50 range to $7 per share — Tintri held its one-day delayed IPO on Friday and investors responded with a yawn. — The stock was priced at $7 a share and opened basically flat at $7.12.
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VentureBeat, CNBC, TechCrunch, CNBC, and Crunchbase News
| Cat Zakrzewski / Wall Street Journal: |
Xcalar, which wants to use big data to provide business insights, announces $16M Series A led by Khosla Ventures; firm has partnerships with Microsoft, Google — The round will fuel the company as it takes on Palantir in big data for business analytics.
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PR Newswire and Database Trends …
| Jonathan Shieber / TechCrunch: |
JASK emerges from stealth with $12M Series A, led by Dell Technologies Capital, for its automated threat detection service — JASK is emerging from stealth today with $12 million in the bank and a machine learning technology that automates network monitoring and management for overtaxed security teams.
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GeekWire
| Peter Bright / Ars Technica: |
AMD's new Ryzen PRO CPUs designed for corporate desktops come with standard Ryzen features plus a 3-year warranty, additional management and security features — AMD wants to go after Intel vPro while avoiding Intel's excessive product segmentation. — AMD today launched Ryzen Pro (styled …
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BetaNews, TheStreet, TechSpot, PC Magazine, HotHardware, NDTV Gadgets 360, SlashGear, AMD, Inquirer, ZDNet, Liliputing, and ExtremeTech
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