Techmeme
June 8, 2018, 11:55 AM

Top News

Ingrid Lunden / TechCrunch:
Yahoo will shut down Yahoo Messenger on July 17, marking the end of an era since it debuted as Yahoo Pager back in 1998  —  It's the end of an era for Yahoo Messenger, one of the first instant messaging apps on the market.  Today, Oath (which also owns TechCrunch) announced that it would be winding …
Mark Bergen / Bloomberg:
After unease from staff, Google lays out seven principles for AI use and says it won't use AI in cases that cause “overall harm” like weapons or surveillance  —  - CEO releases AI principles after Project Maven employee revolt  — Ethics charter forbids surveillance in some situations
Josh Constine / TechCrunch:
A Facebook bug set sharing settings of 14M users to public from May 18-27; Facebook has now restored users' former settings and will notify them starting today  —  Facebook has another privacy screw-up on its hands.  A bug in May accidentally changed the suggested privacy setting …
Lulu Yilun Chen / Bloomberg:
China's Ant Financial raises $14B in latest funding round, including a US dollar tranche backed by Singapore's sovereign wealth fund GIC, Warburg Pincus, others  —  - Ant has been said valued at $150 billion in latest round  — Funding includes U.S. dollar, yuan denominated tranches
Vlad Savov / The Verge:
Android phones for mobile gaming are on the rise but rampant piracy and Apple's premium segment dominance gives devs little incentive to invest in the platform  —  Asus' ROG Phone is riding a wave of renewed interest in building Android gaming devices  —  Gaming and Android have never been bigger.
Stephanie Chan / VentureBeat:
Facebook launches fb.gg, a portal where users can browse gaming livestreams, and gives emerging streamers access to monetization tools with Level Up program  —  Facebook launched its Gaming Creator program in January to boost gaming livestreams on its platform.
Debby Wu / Bloomberg:
Foxconn Industrial Internet stock rose 44% on Shanghai exchange after raising $4.26B in its IPO, now valued at $61B+  —  - The Hon Hai unit surges by the 44% limit for debutantes  — Foxconn Industrial embodies Gou's longer term ambitions  —  Foxconn Industrial Internet Co. soared …

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