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June 12, 2018, 12:00 PM
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memeorandum
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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. Tweets: @michalnaka, @kevinroose, @amitpaka, @bryce, @eringriffith, @alex, and @danprimack
| 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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CNBC, TechCrunch, United States Senate Committee …, USA Today, New York Times, BuzzFeed, Wall Street Journal, The Verge, TechSpot, Business Insider, Fortune, Slashdot, Seeking Alpha, Washington Post, The Hill, Engadget, and Mashable
Tweets: @kantrowitz, @dseetharaman, @sarahfrier, @deaneckles, @mikeisaac, @kashhill, @matthewstoller, and @arielbogle
| 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, Business Insider, Fortune, and IndieWire
Tweets: @madnavin, @annehelen, and @pkafka
| 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 …
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Reuters, Facebook, Engadget, Gizmodo, The Verge, Marketing Land, CNET, 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 …
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The Verge, ZDNet, On MSFT, MSPoweruser, Neowin, VG247, and Eurogamer.net
| 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, Android Police, The Verge, CNNMoney, Mashable, Engadget, TechSpot, MSPoweruser, CNET, MediaNama, and Technology Personalized
| 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 … | 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.| 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 … | 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 … | Jon Russell / TechCrunch: |
Coinbase announces plans to add support for Ethereum Classic, a fork of the Ethereum token, in the coming months — Coinbase may be one of the most-lauded crypto exchanges, but it supports just four coins right now which is far fewer than most others. That's about to change a little …
More:
The Coinbase Blog, Business Insider, CoinDesk, CCN, Bitcoinist.com, NewsBTC, CoinSpeaker, SludgeFeed, CryptoGlobe, Mashable, Bitsonline, and ZDNet. Tweets: @tuurdemeester
| Alfred Ng / CNET: |
How the Connecticut State Police trains dogs to sniff out electronics, such as phones, hard drives, and microSD cards, to help out in cybercrime cases — Harley darts into a decrepit room in Connecticut. She's searching for evidence. — There are plenty of potential distractions in the room: Wires hang from the ceiling.
More:
Inquirer, The Verge, 9to5Mac, and Insanely Great Mac
| Benjamin Mullin / Wall Street Journal: |
Report: advertisers spent ~$314M on podcast ads in 2017, up 86% YoY from ~$169M in 2016, with 35.7% of spending coming from brand-awareness ads and content — Total spending on podcast ads rose 86% last year, but the format remains relatively niche — Marketers are starting to tune in to the growing appetite for podcasting.| Anna Hensel / VentureBeat: |
Snap announces ads for its Snappables AR games, two months after launching the social AR feature; first ads will go live on Thursday — Nearly two months after introducing Snappables, its social AR offering, Snap is now working with companies to create and sell branded versions of Snappables games.
More:
Marketing Land and Android Authority
| Mitchel Broussard / MacRumors: |
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Business Insider, Android Authority, TechCrunch, East Bay Times, Gizmodo, Digital Trends, The Verge, TechSpot, BetaNews, Mashable, CNET, The Drum, Android Police, The Next Web, Engadget, iPhone Hacks, and Engadget
Tweets: @alexeheath and @joshconstine
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