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October 1, 2017, 11:20 AM
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memeorandum
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| Eric Newcomer / Bloomberg: |
Travis Kalanick appoints Ursula Burns, John Thain to Uber board in clout-bolstering move; Uber says decision “came as a complete surprise to Uber and its board” — Kalanick asserts right to pick directors as questions swirl — Unclear if Uber's new CEO Khosrowshahi supports board choices| Kara Swisher / Recode: |
Here's the proposal to change Uber's governance, which is aimed at limiting Travis Kalanick's power — The changes, listed. — Former CEO Travis Kalanick's decision on Friday to appoint two new directors to the board of the car-hailing company did not come out of nowhere, although it was a surprise to the board and its new CEO.
More:
Recode, CNBC, VentureBeat, Recode, Business Insider, and Forbes
Tweets: @karaswisher, @dhh, @jmcduling, and @karaswisher
| James Somers / MIT Technology Review: |
Inside the history and limitations of Geoffrey Hinton's 30-year-old backpropagation neural network technique, which formed the basis for modern deep learning — Just about every AI advance you've heard of depends on a breakthrough that's three decades old.| Bloomberg: |
Sources: ongoing investigations find the Equifax hack may have been state-sponsored, and that 30+ entry points were created in Equifax computer systems — In the corridors and break rooms of Equifax Inc.'s giant Atlanta headquarters, employees used to joke that their enormously successful … | Alex Webb / Bloomberg: |
Apple has quietly built a global network of small research and development labs that doubles as an employee poaching operation — Apple has opened offices close to companies with top expertise — In recent years, Apple Inc. has quietly put together a global network of small research and development labs … | Nikhilesh De / CoinDesk: |
SEC, in apparent first, charges two companies behind recent ICOs, Diamond Reserve Club World and REcoin, and their founder Maksim Zaslavskiy, with fraud — The SEC has brought what appears to be its first charges against a company utilizing the initial coin offering (ICO) fundraising model.
More:
U.S. Securities …, Cointelegraph.com News, The Merkle, TechCrunch, Bitcoinist.com, Engadget, Gizmodo, Axios, and Business Insider
Tweets: @joshconstine and @nathanielpopper
| James Somers / The Atlantic: |
Experts shed light on how model-driven engineering can help programmers solve problems and reduce software errors more effectively than traditional programming — There were six hours during the night of April 10, 2014, when the entire population of Washington State had no 911 service.
Tweets: @timbray, @zelbinian, @jsomers, @tyronecoupland, and @adriennelaf
| Zeynep Tufekci / New York Times: |
Mark Zuckerberg's “both sides” argument is a flimsy defense of Facebook's failure to limit the spread of systematic misinformation during 2016 election — Responding to President Trump's tweet this week that “Facebook was always anti-Trump,” Mark Zuckerberg, the chief executive of Facebook …
More:
TechCrunch, Wall Street Journal, and Financial Times
Tweets: @jayrosen_nyu, @pinboard, @zeynep, @reichenstein, @inkblurt, @zeynep, @sub8u, and @deepbagchee
| Bloomberg: |
Profile of Brendan Greene, director of PC game PlayerUnknown's Battlegrounds, which has sold 13M copies and is launching on Xbox later this year — Three years ago, Brendan Greene was on welfare in his hometown of Kildare, Ireland, getting an earful from social workers about how he should stop wasting …
More:
The Guardian, Kotaku, VentureBeat, Polygon, Rock, Paper, Shotgun, and On MSFT. Tweets: @puertorock77_. Thanks:@pelstrom
| Alex Heath / Business Insider: |
Mark Zuckerberg wanted Facebook employees to work for Chan Zuckerberg Initiative, until senior staff told board member Marc Andreessen it would be a mistake — Mark Zuckerberg and his wife, Priscilla Chan. — Mark Zuckerberg wanted Facebook employees to work on projects for his philanthropic fund … | Tony Romm / Recode: |
Sources: Facebook is sharing its data with Google as the search giant reviews potential Russian meddling in the 2016 election — Google is also set to meet with congressional investigators in the coming weeks. — Facebook has shared some details about the Russian-operated profiles … | Bloomberg: |
CEO of $96B hedge fund Man Group reflects on the rise of AI-centric funds at the firm after being initially wary of incorporating AI into company's strategy — As chief executive officer of one of the world's largest hedge funds, Luke Ellis prides himself on a healthy appetite for risk.
Tweets: @sub8u
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