Techmeme
May 31, 2018, 10:55 AM

Top News

Saheli Roy Choudhury / CNBC:
Uber CEO Dara Khosrowshahi says the company is on track for a 2019 IPO; source says the company has not started interviewing banks  —  - Uber CEO Dara Khosrowshahi told CNBC that the ride-hailing company is on track to go public in 2019.  — The company is in a “good position” …
Dieter Bohn / The Verge:
Uber CEO Dara Khosrowshahi says that the company is in discussions to have Waymo self-driving cars added to its network  —  “It's up to them.”  —  Speaking today at the Code Conference, Uber CEO Dara Khosrowshahi says that his company is in “discussions” to have Waymo self-driving cars added to its network.
Mark Gurman / Bloomberg:
Sources: Google's Pixel 3 and Pixel 3 XL coming in fall, will keep single rear camera; Pixel 3 XL has two front cameras and near edge-to-edge display with notch  —  - Company is said to talk with Foxconn as potential manufacturer  — More predictive version of Android software coming next year
Bradley Chambers / 9to5Mac:
Telegram CEO Pavel Durov says Apple has been rejecting its app updates globally since Russia banned Telegram in April  —  The popular messaging app, Telegram, hasn't seen an App Store update since late March.  It now appears that ever since Russian authorities ruled that the app was illegal in the country …
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  —  And Facebook continues to fall, according to Pew Research Center  —  Teenagers are more interested than ever in YouTube, home to the world's growing influencer and vlogger base.
Richard Lai / Engadget:
Xiaomi announces 6.21-inch Mi 8 Explorer Edition flagship with Snapdragon 845, 6GB RAM, 3D face scanner, transparent back, and dual-frequency GPS for ~$420  —  Xiaomi may have already released the Mi Mix 2S earlier this year, but it's actually kept its true 2018 flagship, the Mi 8 …
Shoko Oda / Bloomberg:
Profile of NewsDigest, a popular news app in Japan, which employs no journalists and uses AI and social media monitoring to generate stories and spot fake news  —  - Japan millennial made newsroom using artificial intelligence  — NewsDigest is one of most popular news apps in Japan
Rani Molla / Recode:
Mary Meeker's annual internet trends: e-commerce sales grow, time online rises, and smartphone shipments stagnate as average selling price drops  —  Here's a first look at the most highly anticipated slide deck in Silicon Valley.  —  It's that time of year again, when Mary Meeker unloads …
Shirin Ghaffary / Recode:
Airbnb CEO Brian Chesky says experience economy will be a “massive business”, envisions a global travel community with lines of business beyond home rentals  —  Chesky's vision?  To be a “global travel community.”  —  Most people think of Airbnb as a real estate rental business …
More: Axios, Fortune, and CNET
Todd Spangler / Variety:
Hulu CEO says its internet pay-TV service Hulu With Live TV has signed up 800K subscribers since its launch over a year ago  —  Hulu, in a little over a year since launching its $40 monthly internet-streaming “skinny bundle,” has signed up 800,000 customers for the service, according to CEO Randy Freer.
Anna Irrera / Reuters:
Cryptocurrency startup Paxos, formerly bitcoin exchange itBit, raises $65M Series B to expand blockchain-based services and operate the exchange  —  NEW YORK (Reuters) - Blockchain and cryptocurrency startup Paxos has raised $65 million from investors including venture capital firms RRE Ventures …
Ron Miller / TechCrunch:
Data encryption startup Virtru raises $37M Series B led by Iconiq Capital  —  Virtru, the security startup that came out of research at the NSA, announced a $37 million Series B financing round today led by Iconiq Capital.  —  The company also announced the formation of Virtru Labs …
Jon Russell / TechCrunch:
Indian payments startup Pine Labs, which offers point-of-sale devices, raises $125M from PayPal and Singapore's Temasek, bringing total funding to $208M  —  Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion …

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