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Techmeme
June 8, 2018, 8:20 PM
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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.
Ingrid Lunden / TechCrunch:
Yahoo will shut down Yahoo Messenger on July 17, marking the end of an era that began with 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 …
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.
Verizon Communications Inc.:
Verizon names CTO Hans Vestberg CEO effective August 1, 2018, replacing current CEO Lowell McAdam  —  Hans Vestberg, Executive Vice President and President of Global Networks and Chief Technology Officer, named CEO, effective August 1, 2018  —  Lowell McAdam to serve as Executive Chairman …
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 …

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From Mediagazer

Wall Street Journal:
Sources: WBD is preparing to tell its shareholders to reject Paramount's latest offer and plans to recommend they support the existing deal with Netflix

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

Todd Spangler / Variety:
E.W. Scripps' board unanimously rejects Sinclair's unsolicited acquisition proposal of $7 per share in cash and stock, offered in November

More News

Earlier Picks

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
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
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
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