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June 12, 2018, 4:25 PM
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| Dan Primack / Axios: |
Sources: e-scooter company Bird is seeking to raise ~$200M in new funding at a $2B valuation; just three months ago the startup raised at a $300M valuation — E-scooter company Bird is seeking to raise around $200 million in new funding at a $2 billion valuation, according to multiple sources.
More:
Financial Times, TechCrunch, Silicon Valley Business …, and socalTECH.com
Tweets: @danprimack, @michalnaka, @mikeisaac, @danprimack, @eringriffith, @alex, @amitpaka, @bryce, @mikeisaac, and @kevinroose
| Emil Protalinski / VentureBeat: |
Google disables inline installation for Chrome extensions, which let users install them on 3rd party sites; goes into effect for existing extensions in 3 months — Google today announced that Chrome will no longer support inline installation of extensions.
More:
Chromium Blog, The Register, TechCrunch, Engadget, The Verge, and ZDNet
Tweets: @justinschuh and @dangoodin001
| Khadeeja Safdar / Wall Street Journal: |
Facebook says it's rolling out a feature to let users rate e-commerce businesses and may ban or reduce ads for those with poor feedback — New feature lets shoppers share their experiences; negative feedback could lead to bans — Facebook Inc. FB 1.29% is cracking down on e-commerce businesses …
More:
Facebook, The Verge, International Business Times, Reuters, Engadget, Gizmodo, Marketing Land, PYMNTS.com, and CNET. Tweets: @matthewstoller
| Bloomberg: |
Apple changed App Store rules last week to ban iOS developers from making databases of users' address book info and limit what can be shared with third parties — - iPhone maker bans developers building address book databases — Facebook scandal shows risk of sharing data on users' friends
More:
9to5Mac. Tweets: @stevesi, @carnage4life, @stevesi, @stevesi, @stevesi, @stevesi, @tjkrusinski, @alistairmbarr, @tsgiles, and @mikeisaac
| Brad Sams / Thurrott.com: |
Internal document: Microsoft is planning for the next Xbox console release to arrive in 2020 — While Microsoft may have been founded as being a software company, there is no question about it that they are a hardware company too. With the Surface family, the Xbox, and peripherals … | Jacob Kastrenakes / The Verge: |
Mesh Wi-Fi router company Plume now requires customers agree to a $60/year subscription fee before buying its hardware — You have to subscribe even to buy a router — A Wi-Fi router startup is trying to shake up how we think about home Wi-Fi in a major way: by turning it into a subscription service.
More:
Engadget, MacRumors, Windows Central, and reddit.com
Tweets: @bryanedwardhill, @internetofshit, and @gigastacey
| Taylor Hatmaker / TechCrunch: |
Instagram adds shopping tags directly into Stories, so now users can tap a shopping bag icon to learn more about buying a particular item — Instagram's shoppable tags are about to pop up in Stories. The company first started testing the feature back in 2016 with a limited set of 20 partners.
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Instagram, MacRumors, Digital Trends, Marketing Land, Gizmodo, The Verge, Android Police, Engadget, CNBC, and Mashable. Tweets: @caseynewton
| Siobhan Hughes / Wall Street Journal: |
Bipartisan group of senators move to stop Trump's deal to give ZTE a lifeline amid US export ban, by adding ZTE export ban as amendment to defense spending bill — White House sent top official to Capitol Hill to lobby against bipartisan effort to reverse pact to revive the Chinese telecommunications company
More:
CNET, Ars Technica, Engadget, NPR, The Hill, Android Authority, Gizmodo, Bloomberg, Washington Post, Reuters, Fortune, and 9to5Google
Tweets: @lisaabramowicz1, @wsj, @marcorubio, and @cgasparino
| Alex Sherman / CNBC: |
A look at how the AT&T-Time Warner ruling might affect companies across the media and telecom industries, including Verizon, Comcast, Sprint, and T-Mobile — - Media companies will lose larger telecommunications companies as theoretical buyers if a deal isn't approved.| Reid Wilson / The Hill: |
Amid Amazon pressure, Seattle Mayor Jenny Durkan and city council president Bruce Harrell say they will repeal the business “head tax” law that passed weeks ago — Just weeks after passing a new tax on big businesses, Seattle political leaders signaled late Monday they would reverse course and repeal it.
More:
The Register, New York Times, Axios, Bloomberg, KING-TV, GeekWire, Mayor Jenny A. Durkan, and CityLab. Tweets: @mayorjenny
| Richard Nieva / CNET: |
Congress releases Facebook's written responses to follow-up questions from Mark Zuckerberg's April testimony; Facebook says it received 2,000+ questions — Facebook CEO Mark Zuckerberg answered a lot of questions when he testified before Congress in April.
More:
CNBC, International Business Times, Gizmodo, TechCrunch, New York Times, USA Today, TechCrunch, BuzzFeed, TechSpot, Business Insider, Fortune, AndroidHeadlines.com, Slashdot, Engadget, Mashable, Wall Street Journal, United States Senate Committee …, Seeking Alpha, Washington Post, The Hill, and The Verge
Tweets: @kantrowitz, @dseetharaman, @sarahfrier, @deaneckles, @mikeisaac, @kashhill, @matthewstoller, and @arielbogle
| Ben Thompson / Stratechery: |
Large funding rounds for Bird and Lime suggest strong economics, which means the potential for building moats for dockless scooter startups are relatively weak — As I understand it, the proper way to open an article about electric scooters is to first state one's priors … | Josh Constine / TechCrunch: |
Uber unveils Uber Lite, a low-data app just 5MB in size for developing markets that shows maps only on request, coming to India first — “The next hundreds of millions of riders for us are going to come from outside of the United States", Uber's head of rider experience Peter Deng tells me.
More:
Uber Newsroom, Fortune, Inquirer, The Verge, CNET, TechSpot, Mashable, Android Police, MSPoweruser, Engadget, CNNMoney, MediaNama, and Technology Personalized. Tweets: @uber
| Catalin Cimpanu / BleepingComputer.com: |
At least ~5% of all Monero currently in circulation has been mined using malware, based on an analysis of 629,126 malware samples from coin mining operations — At least 5% of all the Monero cryptocurrency currently in circulation has been mined using malware, and about 2% …
More:
Palo Alto Networks Blog and SecurityWeek
| Josef Adalian / Vulture: |
Inside Netflix's original content efforts as it spends $8B this year: “It's 70 percent gut and 30 percent data”, says Ted Sarandos — “What do you think about gas in the tank for the long term?” asks Cindy Holland, Netflix's vice-president of original content.
More:
iPhone in Canada Blog, Vulture, IndieWire, Business Insider, and Fortune
Tweets: @madnavin, @annehelen, and @pkafka
| Natasha Lomas / TechCrunch: |
Swedish video-based call-a-doctor service Kry raises $66M Series B led by Index Ventures to finance further expansion in Europe — Swedish telehealth startup Kry has closed a $66 million Series B funding round led by Index Ventures, with participation from existing investors Accel, Creandum, and Project A.
More:
Tech.eu, PE Hub Blog, and VentureBeat
| Christina Rogers / Wall Street Journal: |
Argo AI, which received $1B from Ford and works on automated driving, says it has ~330 staff, up from under 12 last year, by hiring from Apple, Uber, and others — Equity stakes in a fast-growing startup and a link to a big auto maker are helping recruit engineers and robotics researchers| Jon Russell / TechCrunch: |
Vietnam's new cybersecurity law raises concerns about restricting free speech, also requires foreign internet companies to store user data locally — Big tech firms including Google, Facebook and Twitter have expressed major concern after Vietnam's government passed a law that promises …
More:
Engadget, Reuters, CNET, VnExpress International, Amnesty International, Bloomberg, Committee to Protect …, Financial Times, and Associated Press. Tweets: @jonrussell
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