Techmeme
June 1, 2018, 3:40 PM

Top News

Barbara Ortutay / Associated Press:
Facebook to shut down Trending and is testing new features like a breaking news label for publishers, a Today In section, and a News Video in Watch section  —  Facebook is shutting down its sometimes-problematic “trending” news section after four years.  —  This image provided by Facebook shows …
Kate Conger / Gizmodo:
Sources: Google Cloud CEO Diane Greene told employees that company will not renew its Project Maven AI contract with DoD; the current contract expires in 2019  —  Google will not seek another contract for its controversial work providing artificial intelligence to the U.S. Department of Defense …
Dan Rys / Billboard:
Spotify updates its hateful content and conduct policy, says it will no longer use the provision that led to removal of R. Kelly and XXXTentacion from playlists  —  Three weeks after Spotify announced a new policy regarding hate content and hateful conduct on its service …
The Information:
Sources: Lyft has agreed to acquire Motivate, a startup behind services like Ford GoBike in SF and Citi Bike in NY, likely for $250M or more  —  Lyft has agreed to buy Motivate, which runs some of the biggest U.S. bike-share programs, according to two people briefed about the deal.
Patrick Collinson / The Guardian:
Visa says it is experiencing a service disruption preventing some Visa transactions in Europe from being processed  —  Card giant confirms it is suffering an outage and is investigating the cause  —  Visa's payment network has crashed across the UK and Europe, sparking chaos as transactions are failing or being denied.
Frederic Lardinois / TechCrunch:
Microsoft announces an update for Microsoft Launcher for Android that lets 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.
Matt Weinberger / Business Insider:
Data analytics startup Domo files for an IPO, says it lost $176.6M in 2017, has $72M left in the bank, and needs access to more money by August  —  - Domo, a $2.28 billion data analytics startup, has filed to go public.  — It's not profitable, according to the filings: In 2017 …

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