Techmeme
June 4, 2018, 7:10 AM

Top News

New York Times:
Facebook gave 60+ device makers, including Apple, Amazon, and Samsung, deeper access to users' personal info than previously known, through private APIs  —  The company formed data-sharing partnerships with Apple, Samsung and dozens of other device makers, raising new concerns about its privacy protections.
Bloomberg:
Sources: Microsoft has agreed to acquire GitHub; the deal could be announced as soon as Monday  —  - Companies are said to plan announcement as soon as Monday  — San Francisco-based startup was valued at $2 billion in 2015  —  Microsoft Corp. has agreed to acquire GitHub Inc. …
Francesco Guarascio / Reuters:
Finance ministers of Sweden, Denmark, and Finland oppose the tax on the EU revenues of big tech companies proposed by European Commission  —  BRUSSELS (Reuters) - Finance ministers of the European Union's three Nordic countries have urged their partners to shelve a plan to tax large corporations …
Sarah Perez / TechCrunch:
No-fees mobile bank Chime raises $70M Series C led by Menlo Ventures, valuing its business at ~$500M, says it adds over 100,000 new bank accounts per month  —  Chime, the San Francisco-based challenger bank known for its consumer-friendly features and lack of fees, has raised $70 million in Series C financing, led by Menlo Ventures.
Akash Senapaty / FactorDaily:
A look at the mechanics of Bigo Live, a live streaming app from China, which is popular in South East Asia and claims 40M+ downloads in India, 200M+ worldwide  —  - Bigo sits comfortably in the top-10 grossing lists in India and other countries.  In March 2018 alone Bigo was downloaded over 4 million times and grossed $8m worldwide.
Tweets: @eamonncarey
Laura Hazard Owen / Nieman Lab:
Profile of Verificado 2018, a fact checking service for Mexico's elections, where WhatsApp users send in information to verify and receive individual replies  —  “Instead of using broadcast to spread our debunks, we opted for an individual relationship.”  —  The growing stream of reporting …
Khari Johnson / VentureBeat:
Beijing-based ForwardX Robotics, maker of a fully autonomous suitcase that follows its owner, raises a $10M Series A  —  Autonomous luggage maker ForwardX Robotics today announced it has raised $10 million to bring its suitcase Ovis to market.  At $399, the luggage can move a maximum 6.2 miles per hour …
Tweets: @ruskin147Thanks:@francisybea

Sponsor Posts

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Zoho:
Introducing Zoho Academy  —  Today, Zoho is launching a brand new resource.  We're calling it Zoho Academy: an online, self-service archive of educational content designed to help people do business better.  Our intention?
TechCrunch Disrupt SF:
HBO Silicon Valley creator, Mike Judge, to speak at Disrupt SF  —  TechCrunch is excited to chat with Judge about the direction of the show and the evolution of the media industry as a whole.

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