Techmeme
February 27, 2018, 8:40 PM

Top News

Todd Bishop / GeekWire:
Amazon acquires Ring, maker of video doorbells and other smart home devices; reports put the price tag at $1B+  —  Amazon has reached an agreement to acquire Ring, the Santa Monica, Calif.-based maker of video cameras, doorbells and other smart home technologies, GeekWire has learned.
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 …
Matthew Lynley / TechCrunch:
Square reports Q4 revenue of $283M, up 47% YoY, versus estimates of $266.3M, and 2017 subscription and services-based revenue of $253M, up 95% from 2016  —  Square posted a largely successful fourth quarter that showed continuing growth with its Cash App — with users spending around $90 million …
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 …
Nat Levy / GeekWire:
T-Mobile and Sprint announce the 30 and six cities respectively they plan to build out 5G for, including Dallas and LA, which will be available next year  —  The race to the next generation data network — 5G — is heating up.  —  T-Mobile and Sprint — the nation's third …
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.
Johana Bhuiyan / Recode:
Ford chooses Miami to test autonomous ride-hail and delivery businesses, including pilot with Postmates and Domino's, and is setting up fleet-management center  —  The company is testing its cars in a delivery service, mapping out the streets for a driverless ride-hail service and setting up a fleet-management center.
Sara Fischer / Axios:
Facebook to launch Local News Subscriptions Accelerator, a $3M three-month pilot program in the US 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 …
Vlad Savov / The Verge:
Asus announces 6.2" Zenfone 5 and $499+ flagship 5Z with iPhone X-like design and notch, Snapdragon 636 and 845 respectively; 5 available in April, 5Z in June  —  'Some people will say it's copying Apple, but we cannot get away from what users want'  —  Ahead of today's Zenfone 5 launch …

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