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March 21, 2018, 1:35 PM
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| Casey Newton / The Verge: |
Brian Acton, who cofounded WhatsApp, which was acquired by Facebook for $16B, tweeted “It is time. #deletefacebook” — Facebook bought his app for $16 billion — In 2014, Facebook bought WhatsApp for $16 billion, making its co-founders — Jan Koum and Brian Acton — very wealthy men.
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Washington Post, CNNMoney, Business Insider, Quartz, International Business Times, San Francisco Chronicle, CNBC, CNNMoney, Fortune, Socialnomics, Mercury News, TechCrunch, Android Authority, The Guardian, MSPoweruser, BGR, TechSpot, Softpedia News, BGR India, Ubergizmo, Cult of Mac, Newser, Deadline, SlashGear, NBC Bay Area, Firstpost, The Next Web, Pocket-lint, 9to5Mac, Seeking Alpha, Mashable, Daring Fireball, The Loop, Engadget, and USA Today
Tweets: @brianacton, @jayrosen_nyu, @jason_kint, @caseynewton, @mikeisaac, @om, and @carnage4life
| Jason Abbruzzese / NBC News: |
Facebook confirms Mark Zuckerberg will speak in the next 24 hours on the Cambridge Analytica scandal, after initially being focused on how to fix the problem — #WheresZuck had become a question in the past couple days — Facebook CEO Mark Zuckerberg will speak publicly in the next 24 hours with a …
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New York Times, Axios, The Information, Recode, Engadget, Bloomberg, CNET, Politico, BBC, Marketing Land, Mashable, Fortune, CNBC, and iPhone Hacks
Tweets: @samir, @caseynewton, and @mikeisaac
| Wired: |
With the storm over user data misuse intensifying into a hurricane, Facebook now faces several vexing questions about its opaque privacy practices — Two weeks ago, Facebook learned that The New York Times, Guardian, and Observer were working on blockbuster stories based on interviews with a man named Christopher Wylie.| Paul Ford / Bloomberg: |
In an era of data breaches, privacy violations, and stolen identities, we need a Digital Protection Agency to clean up leaks, educate the public, and levy fines — It's not just the Cambridge Analytica debacle. Ethics don't scale. — Over and over in the last 20 years we've watched low-cost … | Matthew Yglesias / Vox: |
Zuckerberg and other execs are in denial about Facebook: it's not a force for good, having helped destroy industries and break societies and should be shuttered — It's not just about privacy; its core function makes people lonely and sad. — Facebook is enmeshed in another controversy …
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Techdirt, Politico, and The Guardian
Tweets: @martinsfp, @damonlinker, @b_resnick, @douthatnyt, @bradplumer, @mattyglesias, @reckless, @p_evans, and @binarybits
| Washington Post: |
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Vox, CNNMoney, NPR, CNNMoney, Marketing Land, Fortune, The Hill, Slate, Mashable, BBC, Channel 4 News, CNN, Bloomberg, Associated Press, and The Register
Tweets: @trickfreee, @kylegriffin1, @stevesilberman, and @kylegriffin1
| Taylor Hatmaker / TechCrunch: |
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The Atlantic, CBC News, Recode, Houston Chronicle, ResearchBuzz, Inquirer, Bloomberg, Vanity Fair, Washington Examiner, and Washington Post. Tweets: @kirstenmhartman
| Casey Newton / The Verge: |
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AdExchanger, Bloomberg, Tech Times, NBC Bay Area, Firstpost, Associated Press, Hacker Noon, Gigaom, South China Morning Post, and VentureBeat. Tweets: @bykowicz
| Rani Molla / Recode: |
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USA Today, Digital Trends, Motherboard, CNBC, Bloomberg, Wall Street Journal, The Verge, The Next Web, MacDailyNews, Axios, Wall Street Journal, and CNET
| Ingrid Lunden / TechCrunch: |
Sources: Google is buying Lytro, the imaging startup that uses its light field tech in VR, for about $40M; one source describes deal as an “asset sale” — Last week, Google showed off a new app to display immersive photography in virtual reality, and a multi-camera technique for capturing it …
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Android Authority, CNET, Android Police, Fortune, ExtremeTech, SlashGear, Engadget, ValueWalk, TechSpot, Inquirer, Photo Rumors, Patently Apple, Mashable, Silicon Valley Business …, Neowin, Android Central, Ubergizmo, UploadVR, 9to5Google, and Seeking Alpha
Tweets: @teddyschleifer and @lucasmtny
| David Meyer / Fortune: |
The European Commission proposes a 3% tax on EU revenues of companies with global annual revenues of €750M+, like Google, Facebook, and Amazon — The European Commission wants to see big tech firms pay a 3% tax on some of their revenues. This is a major break from the traditional way of calculating tax based on profits.
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EU Press Room, The Verge, Reuters, AppleInsider, Inquirer, TheStreet, Taxation and Customs Union, MIT Technology Review, Engadget, Cult of Mac, Out-Law News, VentureBeat, Bloomberg, Telegraph, CNBC, FOSS Patents, and PYMNTS.com
Tweets: @eu_commission and @eu_commission
| Wall Street Journal: |
Sources: Apple executive Jimmy Iovine will transition into a consulting role in August and step back from daily involvement with Apple Music — The music executive and Beats co-founder will step back from daily involvement with Apple's streaming-music business
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TechCrunch, MacRumors, AppleInsider, Engadget, iLounge, Billboard, Ubergizmo, 9to5Mac, SlashGear, iPhone in Canada Blog, Cult of Mac, Mashable, AppAdvice.com, Seeking Alpha, and MacDailyNews. Tweets: @kerrymflynn
| Jenny Brewer / It's Nice That: |
Netflix unveils its own custom typeface, Netflix Sans, to be used globally; brand design lead says it will save millions of dollars per year in licensing costs — Netflix has unveiled a new custom typeface to be used across the streaming platform's brand identity, developed by the in-house design team …
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The Verge, The Next Web, Engadget, TAXI Daily News, and Adweek
Tweets: @stephen_neal and @david_sizemore
| Dan Goodin / Ars Technica: |
15-year-old hacker exposes vulnerability in popular “tamper-proof” Ledger hardware cryptocurrency wallets that have sold by the millions — Backdoor allows attacker to recover private keys stored on Ledger hardware wallets. — For years, executives at France-based Ledger …
More:
Saleem Rashid, The Next Web, BBC, Quartz, The Next Web, Ledger, and Krebs on Security. Tweets: @whalepool
| Paul Sawers / VentureBeat: |
Facebook Messenger adds admin privileges to group chats, letting admins approve new members, and “joinable links” that can be created by anyone — Despite the growing controversy around the Cambridge Analytica data privacy allegations, Facebook is pushing those concerns …
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Facebook, Engadget, iMore, MacRumors, TechCrunch, iPhone Hacks, Fast Company, and Android Central
| David Streitfeld / New York Times: |
A look at Facebook's 59-acre Willow Village development in Menlo Park, with 1,500 apartments and other amenities, as it follows in Apple and Google's footsteps — In Menlo Park, Calif., Facebook is building a real community and testing the proposition: Do people love tech companies so much they will live inside them?
Tweets: @bendwalsh, @ssstrom, @davethackeray, @williamturton, and @kevinroose
| Johana Bhuiyan / Recode: |
Travis Kalanick becoming CEO of City Storage Systems, which focuses on repurposing real estate, and says his new fund is acquiring a $150M controlling interest — The company was formerly called CloudKitchens and was led by Diego Berdakin, an early Uber investor. — Former Uber CEO Travis Kalanick has found his new job.
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Business Insider, PYMNTS.com, Axios, Bloomberg, Fortune, TechCrunch, and The Information
Tweets: @travisk, @dkhos, @jamestitcomb, @miten, @mgsiegler, @kimmaicutler, @karaswisher, @chris_ciaccia, and @edbott
| Reuters: |
Sources and docs detail Kaspersky Lab's plans for a data center in Switzerland, to be completed by early 2020, to handle analysis of files from EU and US users — MOSCOW/TORONTO (Reuters) - Moscow-based Kaspersky Lab plans to open a data center in Switzerland to address Western government concerns … | Rita El Khoury / Android Police: |
Amazon's in-home delivery service app Key adds fingerprint authentication support on Android — Amazon's Key in-home delivery service was announced last October and its cameras and smart door locks became available in November. Since then, Amazon has been able to use Key to place … | Lucas Shaw / Bloomberg: |
Google's global head of music, Lyor Cohen, says YouTube will start putting more ads in between music videos to encourage subscriptions to upcoming music service — It's a cultural change for a company that was built on free — YouTube will increase the number of ads that some users …
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MacRumors, 9to5Google, Variety, and TechSpot
Tweets: @katie_martin_fx, @lucas_shaw, and @lucas_shaw
| Alex Konrad / Forbes: |
Omidyar Network spins out its for-profit investments into new $100M fund called Spero Ventures, investing primarily in Series A and seed deals — Shripriya Mahesh was a week from presenting to the board at Omidyar Network about the future of their startup investments last year when she got … | Abner Li / 9to5Google: |
Google announces new security features for Google Cloud Platform and G Suite, including new DDoS protections, dashboard, and increased data transparency — The enterprise is one area where Google is committing vast resources in order to gain a foothold in the lucrative market occupied by Amazon and Microsoft.
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The Keyword, Gizmodo, CNET, SiliconANGLE, GeekWire, TechCrunch, Google Cloud Platform Blog, The Keyword, and Wired
| Paul Sawers / VentureBeat: |
Pandora to acquire digital audio ad tech company AdsWizz for $145M; at least 50% to be paid in cash, with the remainder payable in cash or stock — Music streaming company Pandora has announced a rare foray into acquisitions today with the news that it has snapped up ad-tech startup AdsWizz.
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TechCrunch, Business Insider, Business Insider, Business Wire, and AllAccess.com
| Reuters: |
Dropbox increases IPO price range from $16-18 per share to $18-20 per share on strong demand; final pricing expected on Thursday — (Reuters) - Dropbox Inc [DBX.O] has raised the price range for its initial public offering by $2 following strong demand for the first big tech IPO this year.
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TechCrunch, Wall Street Journal, PE Hub Blog, and CNBC
| Sam Biddle / The Intercept: |
Snowden docs show the methods NSA tried to track down bitcoin users in 2013, including using privacy software that actually fed information back to the agency — Internet paranoiacs drawn to bitcoin have long indulged fantasies of American spies subverting the booming, controversial digital currency.
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Bitcoinist.com, Coingeek, Connected Rights, CoinSpeaker, Cointelegraph.com News, NewsBTC, and CoinDesk. Tweets: @t_grote
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