Techmeme
February 27, 2018, 2:15 PM

Top News

Dan Seifert / The Verge:
Google Clips review: nice design and simple set up, but no sound recording, poor image quality, pricey, and redundant alongside a decent smartphone camera  —  Can you trust Google's algorithms with your most precious moments?  —  Picture this: you're hanging out with your kids or pets …
Tom McKay / Gizmodo:
Google says it received ~2.4M takedown requests from 2014-2017 under EU's right to be forgotten laws and complied with 43% of them  —  Google has now been complying with the European Union's controversial “right to be forgotten” laws, which the European Court of Justice first ruled applied to search engines in 2014, for three years.
Christina Farr / CNBC:
Sources: Apple is launching AC Wellness, a group of medical clinics for its employees and their families, starting in California this spring  —  - The company is advertising for doctors, health coaches, and “designers” to create a program to promote healthy behavior.
Russell Brandom / The Verge:
Venmo reaches FTC settlement over bad security and transaction practices, with FTC Chairwoman Maureen K. Ohlhausen noting “consumers suffered real harm”  —  ‘Consumers suffered real harm,’ says commissioner  —  The Federal Trade Commission has announced a settlement with Venmo …
Sara Fischer / Axios:
Facebook to launch Local News Subscriptions Accelerator, a $3M three-month pilot program to help metro papers boost digital subscription efforts  —  Facebook Journalism Project will announce today the launch of its Local News Subscriptions Accelerator, a $3 million, three-month pilot program …
Karissa Bell / Mashable:
Vero, an ad-free social networking app that first launched in 2015, becomes the top app on the App Store in US as frustration with Instagram's algorithm grows  —  Every product here is independently selected by Mashable journalists.  If you buy something featured, we may earn an affiliate commission which helps support our work.
Shannon Liao / The Verge:
Coinbase to comply with court order and send IRS details of ~13,000 users who moved $20K+ through their accounts in a single year between 2013 and 2015  —  Within 21 days  —  Coinbase told its customers on Friday that it plans to comply with a court order and hand over about 13,000 customers' data to the IRS within 21 days.
Ingrid Lunden / TechCrunch:
Japanese e-commerce giant Rakuten will roll its $9B loyalty program into a new blockchain-based cryptocurrency, Rakuten Coin  —  Back in 2016, Amazon's Japanese rival Rakuten acquired Bitnet, a bitcoin wallet startup that it had previously invested in, to help it work on blockchain technology and applications.
Wall Street Journal:
Sources detail how tech magnate Masayoshi Son invests in companies, often acting quickly and detached from fund's investor committee and Softbank's directors  —  SoftBank is on a shopping spree, investing billions in firms such as Uber and WeWork, both directly and through an affiliated tech fund

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