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June 8, 2018, 5:35 PM
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Top News

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:
After Lyft has reportedly agreed to acquire Motivate for $250M, 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.
Wall Street Journal:
Facebook let some partners to access users' friend data after it shut off access to most devs in 2015; sources: partners included Nissan and RBC Capital Markets  —  Special deals gave a small number of companies access to data after shutting off access for other developers
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 …
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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This is a Techmeme archive page. It shows how the site appeared at 5:35 PM ET, June 8, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Jody Godoy / Reuters:
Sources: a group of US states is preparing a lawsuit against Paramount's WBD acquisition; California's AG has said his office would make a decision soon

Ted Johnson / Deadline:
Memo: Lesley Stahl, Bill Whitaker, and Jon Wertheim say they will stay at 60 Minutes as they don't want to see it die and are “working to build trust with Nick”

Daniel Thomas / Financial Times:
Q&A with BBC's Matt Brittin on the necessity of YouTube, growing the BBC's role in education and skills, streamers helping pay for public broadcasting, and more

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
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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