Techmeme
June 4, 2018, 3:35 AM

Top News

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. …
New York Times:
Facebook's data-sharing deals with 60+ device makers, including Apple, Amazon, and Samsung, allowed deeper access to users' personal info than previously known  —  The company formed data-sharing partnerships with Apple, Samsung and dozens of other device makers, raising new concerns about its privacy protections.
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.

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