Techmeme
May 24, 2018, 10:30 AM

Top News

Jack Nicas / New York Times:
Sources: Apple signed deal with Volkswagen to use vans as autonomous staff shuttles, wanted to partner with BMW and Mercedes-Benz on all-electric autonomous car  —  SAN FRANCISCO — Apple had already curtailed its grand vision for disrupting the automotive industry by building its own self-driving car.
Bloomberg:
Sources: DOJ and CFTC have opened a criminal probe into alleged market manipulation of bitcoin and other cryptocurrencies  —  - Justice Department opens investigation into illicit trading  — Agency is working with CFTC, which oversees crypto futures  —  The Justice Department …
Kevin Poulsen / The Daily Beast:
The FBI used a court order to seize a key server in the Russia-linked VPN Filter botnet, stopping its ability to reactivate when an infected router is rebooted  —  FBI agents armed with a court order have seized control of a key server in the Kremlin's global botnet of 500,000 hacked routers, The Daily Beast has learned.
Jim Finkle / Reuters:
Charlie Osborne / ZDNet:
Qualcomm unveils 10nm Snapdragon 710 SoC with 4K HDR playback support, promises twice the AI performance compared to Snapdragon 660, expected in devices in Q2  —  The focus for the next generation of chips is artificial intelligence, neural networking, and support for high-quality photos and video.
Garrett Camp:
Sixteen years after it started, StumbleUpon to shut down and transition its accounts to content discovery platform Mix.com over the next couple of months  —  Sixteen years ago, we started StumbleUpon to help people discover new webpages.  The idea was simple: click a button to find a cool webpage.
Nick Statt / The Verge:
Instapaper, owned by Pinterest, says it will be temporarily unavailable to all European users on May 24 as it works to ensure GDPR compliance by May 25  —  The read-it-later app needs time to make changes ahead of GDPR going into effect on Friday  —  Popular read-it-later app Instapaper informed …
Andrew J. Hawkins / The Verge:
Uber says it will open an Advanced Technologies Center in Paris focused on its Uber Elevate flying taxis project, will spend €20 million over five years  —  S'envoler  —  Uber's plan to fill the skies above cities with swarms of electric-powered flying taxis is getting its own dedicated laboratory.
CBS Pittsburgh:
Bloomberg:
Lenovo reports Q4 profit of $33M, down 69% YoY, and revenue of $10.6B, up 11% YoY, with no recovery in its smartphone business and PC market remaining stagnant  —  - The No. 2 PC maker grows sales the most in over two years  — The company is now counting on datacenters to drive growth
Taylor Soper / GeekWire:
Pet-sitting startup Rover raises $155M round led by T. Rowe Price, bringing its total funding to $310M  —  When Rover started seven years ago, many in the startup community snickered.  There was no real business model, they said.  A marketplace that matched dog owners with caretakers wouldn't work, they said.
More: VentureBeat and Bloomberg.  Thanks:@johnhcook
Ashley Carman / The Verge:
Tinder says it is testing Tinder Places, which will let users find potential matches based on places they travel to, powered by Foursquare, in Australia, Chile  —  We knew Tinder Places — the dating app's new way to connect people through location sharing — was coming …
AAA NewsRoom:
American Automobile Association survey finds 73% of American drivers would be too afraid to ride in an autonomous vehicle, up from 63% last year  —  Following high-profile incidents involving autonomous vehicle technologies, a new report from AAA's multi-year tracking study indicates …
Nicholas Thompson / Wired:
Facebook outlines new steps to combat false news: request for academic proposals to study it on Facebook, release of a 12-minute film, and news literacy program  —  NEWS FEED, THE algorithm that powers the core of Facebook, resembles a giant irrigation system for the world's information.

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Reuters:
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