Techmeme
December 5, 2017, 12:50 AM

Top News

Josh Constine / TechCrunch:
Facebook launches Messenger Kids, a standalone messaging app that lets kids under 13 chat with friends and family approved by their parents, on iOS in the US  —  For the first time, Facebook is opening up to children under age 13 with a privacy-focused app designed to neutralize child predator threats …
Sarah Perez / TechCrunch:
Target launches its own in-app mobile payments system on iOS and Android with debut of Wallet feature  —  As promisedearlier, Target today launched its own mobile payments system with the introduction of “Wallet” in the Target app.  Wallet, as the name implies, allows Target shoppers in-store …
Jeff John Roberts / Fortune:
SEC's new cyber unit dedicated to ICOs files its first charges over a scam by PlexCoin, which reportedly raised $15M and promised 13-fold profit within a month  —  A new division of the Securities and Exchange Commission dedicated to so-called “initial coin offerings” (ICOs) …
BuzzFeed:
YouTube says moderation team will have 10K+ people by end of 2018, up 25% according to sources, take new approach to ads, to curb child exploitation problem  —  The company plans to have over 10,000 content moderators on staff by the end of 2018, YouTube CEO, Susan Wojcicki said.
Andrew Ross Sorkin / New York Times:
Steve Case's new Rise of the Rest fund raises $150M from Jeff Bezos, Eric Schmidt, and others to promote start-ups in the middle of the United States  —  When Steve Case, the billionaire co-founder of AOL, first met J. D. Vance, author of “Hillbilly Elegy,” the best-selling book …
Natalia Drozdiak / Wall Street Journal:
Apple reaches deal with Ireland on the terms of an escrow fund, allowing the transfer of ~$15.46B in allegedly unpaid taxes that EU ordered Dublin to retrieve  —  EU said tax deal with Ireland had allowed Apple to pay almost zero tax on European profits between 2003 and 2014
Taylor Lorenz / The Daily Beast:
Facebook removes posts, suspends users for phrases like “men are scum”; ~500 female comedians staged Nov. protest using the terms, most were suspended  —  When comic Marcia Belsky sarcastically replied “men are scum” to a friend's Facebook post back in October …
Chance Miller / 9to5Mac:
Apple begins selling unlocked & SIM-free iPhone X in the U.S.  —  The iPhone X has been available for just over a month now, and as supply and demand start to balance out, Apple is expanding the lineup.  Starting today, the iPhone X is available SIM-free and unlocked directly from Apple.
More: MacRumors

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