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Techmeme
June 1, 2018, 11:35 AM
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Top News

SV Angel:
SV Angel no longer raising funds for seed rounds; Ron and Topher Conway will invest their personal money at $25K-$100K per company and co-manage existing funds  —  The investing ecosystem has gone through significant changes over the last 10 years.  When we started SV Angel, there were just a handful of funds investing in seed rounds.
Frederic Lardinois / TechCrunch:
Microsoft announces an update for Microsoft Launcher for Android letting parents track kids' location, and MSN Kids, a new curated news website for children  —  Microsoft is launching an update to its Android launcher today that gives parents the ability to track their kids' location.
Jaikumar Vijayan / eWeek:
Google says Pixel 2 encryption feature prevents even an attacker with highly-privileged access to the device from accessing data without the owner's cooperation  —  An encryption feature available with Google Pixel 2 smartphones ensures even an attacker with highly-privileged access to a mobile device won't be able to access data.
Wolfie Zhao / CoinDesk:
Binance announces $1B fund of funds which will also invest directly in blockchain firms, with ride-hailing initiative backed by Didi cofounder as first project  —  Binance, one of the world's largest cryptocurrency exchanges, has announced it is launching a $1 billion “Social Impact Fund” …
More: TechCrunch
Tom Simonite / Wired:
Interview with United States Digital Service head Matt Cutts, an ex-Googler, on the unit's work, and projects he highlights while working under Trump  —  THE TRUMP ADMINISTRATION doesn't hold much regard for asylum seekers or projects started by President Obama.
Ron Miller / TechCrunch:
Box acquires Redwood City-based workflow startup Progressly for an undisclosed amount, all twelve Progressly employees will join Box immediately  —  Box announced today that it has purchased Progressly, a Redwood City startup that focuses on workflow.  All 12 Progressly employees will be joining Box immediately.
Robert Triggs / Android Authority:
ARM announces next-generation CPUs and GPUs focused on efficient VR and AI; ARM Cortex-A76 is new flagship mobile chip, now with 35% better performance  —  You probably haven't complained about high-end smartphone performance for a while now, but processors can always be a bit faster and, more importantly, power efficient.
Byron Kaye / Reuters:
Amazon will require Australians to use its Australian site instead of its US site due to new 10% sales tax on imported goods effective July 1  —  SYDNEY (Reuters) - Amazon.com Inc said on Thursday it will force Australians to use its Australian website instead of its much larger U.S. site …
Makiko Yamazaki / Reuters:
Toshiba says it has concluded the $18B sale of its microchip unit to a consortium led by Bain Capital  —  TOKYO (Reuters) - Japan's Toshiba Corp said on Friday it had completed the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital.
Barbara Ortutay / Associated Press:
Facebook is shutting down Trending after four years, tests new features, including a breaking news label that publishers can add to stories, Today In section  —  Facebook is shutting down its sometimes-problematic “trending” news section after four years.  —  This image provided by Facebook shows …

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From Mediagazer

Jody Godoy / Reuters:
Sources: a group of US states is preparing a lawsuit against Paramount's WBD acquisition; California's AG has said his office would make a decision soon

Ted Johnson / Deadline:
Memo: Lesley Stahl, Bill Whitaker, and Jon Wertheim say they will stay at 60 Minutes as they don't want to see it die and are “working to build trust with Nick”

Anthony D'Alessandro / Deadline:
This weekend, Lionsgate's Michael will become the studio's highest grossing movie; the Michael Jackson biopic has earned $346.6M domestically and $508M+ abroad

More News

Dani Deahl / The Verge:
Ticketfly goes offline and says it has been the target of a cyber incident after hacker defaces site and boasts of getting access to customer and employee info

Earlier Picks

Megan Farokhmanesh / The Verge:
Pew Research study of US teen internet usage finds 85% say they use YouTube, 72% use Instagram, 69% use Snapchat, while only 51% say they use Facebook
Bradley Chambers / 9to5Mac:
Telegram CEO Pavel Durov says Apple has been rejecting its app updates globally since Russia banned Telegram in April
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