Techmeme
June 8, 2018, 2:05 PM

Top News

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 …
AsiaOne:
Airbnb cancels thousands of reservations in Japan ahead of the new home-sharing law coming into effect on June 15, will create $10M fund to repay travelers  —  TOKYO - Rental site Airbnb said Thursday (Jun 7) it had been forced by Japanese authorities to cancel thousands of reservations ahead …
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
Woodrow Hartzog / Medium:
Privacy policies are useful governance documents, but users should be protected regardless of what a tech company's policies say or how long or clear they are  —  Loading...  The user agreement has become a potent symbol of our asymmetric relationship with technology firms.
Yimian Wu / China Money Network:
Danke, a Chinese long-term apartment leasing platform, raises $70M Series B+ led by Tiger Global Management, after raising $100M Series B three months ago  —  Tiger Global Management has led a US$70 million series B+ round in Chinese long-term apartment leasing firm Danke, according to Danke's announcement.
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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Earlier Picks

Stephanie Chan / VentureBeat:
Josh Constine / TechCrunch:
Mark Bergen / Bloomberg: