Techmeme
June 9, 2018, 1:25 AM

Top News

Washington Post:
China hacked a US Navy contractor early this year and stole 614GB of classified data, including plans for a supersonic anti-ship missile for US submarines  —  Chinese government hackers have compromised the computers of a Navy contractor, stealing massive amounts of highly sensitive data related …
Wall Street Journal:
Facebook let some partners access users' friend data after it shut off access to most devs in 2015; sources: partners included Nissan and Royal Bank of Canada  —  Special deals gave a small number of companies access to data after shutting off access for other developers
Patrick Lucas Austin / Gizmodo:
Airbnb cancels reservations and reportedly pulls ~80% of listings in Japan before June 15 deadline of home-sharing law, will create $10M fund to repay travelers  —  Heading to Japan next week?  You should probably double-check your Airbnb rental, because it might be cancelled.
Kia Kokalitcheva / Axios:
Although Lyft has reportedly agreed to acquire Motivate, possibly for $250M, a source says Uber is considering its own bid for the bike-sharing startup  —  Uber is considering a takeover offer for Motivate, the bike-share company behind such programs as CitiBike in New York and Ford GoBike in San Francisco, Axios has learned.
Nico Grant / Bloomberg:
The share of black employees at the eight largest tech companies in the US grew from 2.5% in 2014 to 3.1% in 2017  —  When Maxine Waters, the Democratic representative from southern Los Angeles, toured Silicon Valley during the first week of May with fellow members of the Congressional Black Caucus …
Hannah Karp / Billboard:
Sources: Spotify offers several hundred thousand dollar advances and 50/50 per stream revenue share to music managers and indie acts for direct licensing  —  Spotify has offered advances to a number of managers and indie acts in exchange for licensing their music directly to the streaming service, sources tell Billboard.

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Earlier Picks

Ingrid Lunden / TechCrunch:
Verizon Communications Inc.: