Techmeme
June 22, 2018, 4:40 AM

Top News

Neal Mohan / YouTube Blog:
YouTube announces $4.99/mo Channel Memberships for eligible channels with 100K+ subscribers, Teespring merchandising, and Premieres to debut pre-recorded videos  —  I just stepped off the stage at VidCon, a conference created from scratch by Hank and John Green in 2010 that brings together fans …
Lawrence Hurley / Reuters:
SCOTUS rules that states have broad authority to force online retailers to collect sales taxes  —  WASHINGTON (Reuters) - States have broad authority to force online retailers to collect potentially billions of dollars worth of sales taxes, the U.S. Supreme Court ruled on Thursday …
Sarah Perez / TechCrunch:
After the acquisition, Twitter immediately shut down access to Smyte's API deserting its existing customers, who were using its anti-abuse and anti-fraud tools  —  Twitter today announced it was acquiring the “trust and safety as a service” startup Smyte to help it better address issues related …
Sarah Perez / TechCrunch:
Sara Salinas / CNBC:
Intel CEO Brian Krzanich to step down following an investigation into a consensual relationship with an Intel employee; Bob Swan to step in as interim CEO  —  Intel's Brian Krzanich is out as CEO and chairman of the board following an investigation into a “consensual relationship with an Intel employee,” the company announced Thursday.
Alex Kantrowitz / BuzzFeed:
Twitter has made a somewhat miraculous comeback in the past two years, with rising revenue and MAUs, due to luck and a focus on news and premium video  —  A bird emerges from the ashes.  —  Two years ago, people were writing eulogies for Twitter.  —  Rudderless and without product direction …
Ingrid Lunden / TechCrunch:
PayPal to buy Simility, a specialist in AI-based fraud and risk management, for $120M in cash; Simility had raised about $25M and was last valued at $52.75M  —  Payment provider PayPal continues apace with its acquisitions streak to bring more modern tools into its platform to serve its 237 million customers.
Greg Sterling / Search Engine Land:
Felix Gillette / Bloomberg:
Interviews with Nintendo executives and game creators as the company is about to turn 130, buoyed by the success of the Switch  —  With the Switch, the 130-year-old gaming giant has once again turned reports of its demise into Nintendo Mania.  —  For anyone who's ever marveled at Nintendo's vivid …
Mark Bergen / Bloomberg:
Sources: influential Google engineers refusing to work on an “air gap”, needed for military contracts, led to wider resistance to military contracts at Google  —  Earlier this year, a group of influential software engineers in Google's cloud division surprised their superiors …
Theodore Schleifer / Recode:
Sources: Amsterdam-based data search and analytics startup Elastic, which has raised ~$100M, has confidentially filed for an IPO aiming for $1.5B-$3B valuation  —  Elastic is expected to aim for a valuation between about $1.5 and $3 billion once it hits Wall Street.  —  The IPOs keep coming.

Sponsor Posts

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TechCrunch Disrupt SF:
Catch the founder & CEO of Revolut at Disrupt SF  —  Nikolay Storonsky took his company from a $350 million valuation to a $1.7 billion valuation in under six months.  Hear how he did it at Disrupt SF this September.

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Tessa Lyons / Facebook:
Dan Seifert / The Verge:
Janko Roettgers / Variety:
Mark Gurman / Bloomberg:
Katherine Krueger / Splinter: