Techmeme
June 1, 2018, 9:25 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 …
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 …
Mark Gurman / Bloomberg:
Sources: Samsung will announce Galaxy Note 9 on August 9 at an “Unpacked” event in New York  —  - Device upgrades to focus on camera system, faster processor  — Apple also plans larger iPhone model for later in the year  —  Samsung Electronics Co. plans to highlight …
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
Chloe Aiello / CNBC:
Sources: Microsoft has recently held talks to buy GitHub, which was valued at $2B in the latest financing round in 2015  —  - The talks have come amid GitHub's struggle to replace CEO and founder Chris Wanstrath, who stepped down 10 months ago.  — GitHub was last valued at $2 billion in 2015 …
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.
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 …
Josh Constine / TechCrunch:
Instagram explains how its feed works and says users are now seeing 90% of friends' posts after an algorithm change, compared to 50% previously  —  Instagram users were missing 70 percent of all posts and 50 percent of their friends' posts before the app ditched the reverse chronological feed for an algorithm in July 2016.
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” …
Jon Brodkin / Ars Technica:
AT&T says it will not ask SCOTUS to review the decision in FTC's lawsuit over misleading promises of mobile broadband speeds, will pursue settlement  —  AT&T finally gives up attempt to cripple FTC authority over broadband.  —  AT&T has given up its years-long quest to cripple …

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