Techmeme
June 1, 2018, 4:25 PM

Top News

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 …
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 …
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 …
Wall Street Journal:
Sources: Apple is working on a new ad network for app promotion, in talks with Snap, Pinterest, others to distribute its search ads for apps  —  Increasing ad sales could help offset slowing iPhone growth, but effort would face stiff competition from Google and Facebook
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.
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” …
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.
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 …

Sponsor Posts

Niantic Lightship ARDK:
AR App Development Evolved: Join Niantic November 8, 2021  —  Create your own AR Real-World Metaverse with the Niantic Lightship ARDK.  Be part of the launch and join our virtual keynote November 8, 2021.
Zoho:
The future of work: Hybrid work is here to stay  —  Let's rewind two years back to 2019 and look at the predominant work culture at that time.  While remote work was common enough in some fields …
Welcome:
Close more candidates.  Retain your employees.  Access real-time comp data.  —  Benchmark and communicate compensation to candidates and employees, powered by our real-time compensation and equity data.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Modern Finance Podcast:
Play-to-Earn Gaming with Yield Guild Games
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Fri. 10/22 - Is Apple's ATT Bite As Bad As People Feared After All?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:25 PM ET, June 1, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

SV Angel:
Byron Kaye / Reuters:
Frederic Lardinois / TechCrunch:
Bradley Chambers / 9to5Mac: