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June 12, 2018, 2:15 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 and TechCrunch
Tweets: @mikeisaac, @danprimack, @michalnaka, @eringriffith, @alex, @amitpaka, @bryce, and @kevinroose
| 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, Reuters, Engadget, Gizmodo, CNET, Marketing Land, and PYMNTS.com. Tweets: @matthewstoller
| 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 … | 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.
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International Business Times, Gizmodo, CNBC, TechCrunch, New York Times, United States Senate Committee …, BuzzFeed, AndroidHeadlines.com, USA Today, TechSpot, Business Insider, Fortune, Wall Street Journal, Slashdot, The Verge, Engadget, Mashable, Seeking Alpha, Washington Post, and The Hill
Tweets: @kantrowitz, @dseetharaman, @sarahfrier, @deaneckles, @mikeisaac, @kashhill, @matthewstoller, and @arielbogle
| 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:
TechCrunch, Engadget, Chromium Blog, The Register, The Verge, and ZDNet
Tweets: @justinschuh and @dangoodin001
| 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
| 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.| 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, Inquirer, The Verge, Android Police, CNNMoney, Engadget, CNET, TechSpot, Mashable, MSPoweruser, MediaNama, and Technology Personalized
| 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, Reuters, Gizmodo, Android Authority, NPR, The Hill, 9to5Google, Washington Post, Bloomberg, Reuters, and Fortune
Tweets: @wsj, @marcorubio, and @cgasparino
| 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, VentureBeat, and PE Hub Blog
| 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.
More:
Android Police, CNBC, and Engadget
| 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
| Robert Triggs / Android Authority: |
USB Type-C has become a mess of compatibility issues, conflicting proprietary standards, and lacks sufficient consumer information to guide purchasing decisions — 6.6K — USB Type-C was billed as the solution for all our future cable needs, unifying power and data delivery with display … | Marina Lopes / Washington Post: |
How two-thirds of Brazil's population is using WhatsApp to undermine the country's traditional power structures like unions amid economic and political crises — SAO PAULO, Brazil — When Lazaro Rutino needs a break from hauling beef across Brazil in his truck, he swipes on his phone … | Frederic Lardinois / TechCrunch: |
Google Translate expands offline translation support to 59 languages including Italian, Greek, Norwegian, and Swahili — Currently, when the Google Translate apps for iOS and Android has access to the internet, its translations are far superior to those it produces when it's offline.
More:
VentureBeat, GeekWire, Engadget, 9to5Google, and Mashable
| Bloomberg: |
Sources: Chinese on-demand services provider Meituan Dianping plans IPO in Hong Kong to raise ~$6B at a $60B valuation, listing as soon as this month — - Company is said to consider selling about 10% stake in IPO — IPO would be another sign of rising Chinese technology mightSponsor Posts
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