| 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.| 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.| Mike Allen / Axios: |
Sources: Zuckerberg plans to speak out in the next 24 hours on the Cambridge Analytica scandal, after initially being more focused on how to fix the problem — Axios is told that Facebook CEO Mark Zuckerberg plans to speak out in the next 24 hours on the data-harvesting revelations … | Taylor Hatmaker / TechCrunch: |
As US lawmakers on both sides of the aisle call for Mark Zuckerberg to testify, he and Sheryl Sandberg remain publicly silent on the Cambridge Analytica scandal — The bad thing about making your face synonymous with the company you run: When you go M.I.A., everyone tends to notice.| 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 … | Washington Post: |
Chris Wylie says Breitbart's Steve Bannon approved Cambridge Analytica's 2014 work to collect Facebook data; firm used focus groups to test views on Putin, more — LONDON — Conservative strategist Stephen K. Bannon oversaw Cambridge Analytica's early efforts to collect troves of Facebook data … | Rani Molla / Recode: |
| Casey Newton / The Verge: |
| Channel 4 News: |
| Spencer Ackerman / The Daily Beast: |
| 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 … | 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.| 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 … | 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.| Wall Street Journal: |
Sources: 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 — Apple Inc. AAPL -.03% is losing … | Blair Hanley Frank / VentureBeat: |
Microsoft announces Windows Server 2019, the first big update since 2016, with Linux and Kubernetes support — Microsoft announced today that it will launch the next major release of Windows Server later this year with better support for hybrid workloads, Linux workloads, and hyper-converged infrastructure.| 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.| 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 … | Peter Kafka / Recode: |
Google and Facebook were built to destroy publishers, not help; Google's $300M pledge to journalism won't go directly to publications, who need real checks — Guess who's winning? — For argument's sake, let's believe that Google believes its newest efforts to boost publishers … | Dean Takahashi / VentureBeat: |
CryptoKitties, a game built on top of the Ethereum blockchain, raises $12M Series A led by a16z and USV, and will be spun out of Axiom Zen game studio — CryptoKitties became a sensation after it debuted in November as a collectible game built on top of a blockchain and the Ethereum cryptocurrency.| Dan Primack / Axios: |
Salesforce will acquire MuleSoft, a SaaS integration company, for $6.5B, making it Salesforce's largest-ever acquisition — Salesforce today announced that it will acquire SaaS integration company MuleSoft for approximately $6.5 billion in cash and stock. The sale price represents … | 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.| Ari Levy / CNBC: |
Amazon, with a market value of $768B, has passed Alphabet's market value of $761.4B, making it the world's second-most valuable company, trails Apple's $889.2B — Amazon has passed Alphabet and now trails just Apple among the list of the world's most valuable companies.| Sarah Perez / TechCrunch: |
YouTube rolls out a new feature that lets users “go live” directly from the desktop site without encoding software, currently only supported in Chrome — YouTube today is rolling out a new feature that will allow video creators to start a live stream from their web cam without …
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Samit Sarkar / Polygon: |