Techmeme
June 26, 2018, 11:50 PM

Top News

Kurt Wagner / Recode:
Facebook now allows some preapproved advertisers to promote crypto businesses and services, like exchanges, but ads for ICOs and binary options are still banned  —  Advertisers will need to apply, but ICO ads are still banned.  —  Facebook is reversing its ban on cryptocurrency advertisements …
Josh Constine / TechCrunch:
Instagram now lets users have a four-way group video chat as they browse, after announcing the feature at F8 in May  —  Instagram's latest assault on Snapchat, FaceTime, and Houseparty launches today.  TechCrunch scooped back in March that Instagram would launch video calling …
Frederic Lardinois / TechCrunch:
Google Maps rolls out an Explore tab to clue users in on what's happening nearby, a “For you” tab for restaurant recs, and the ability to follow neighborhoods  —  At its I/O developer conference last month, Google previewed a major update to Google Maps that promised …
Rob Price / INSIDER:
Facebook stops building drones that would have provided wireless internet to the developing world, will instead focus on developing underlying technology  —  - The revelation comes after Business Insider reported on upheaval at the Aquila project, including the departure of its leader and a planned redesign.
Theodore Schleifer / Recode:
As Benchmark gets ready to raise a new fund, four years after its last fundraise, questions arise about its future and who will stay at the firm  —  Questions swirl around the venture capital firm as it prepares to raise a new fund within the next year.  —  Benchmark is one of tech's …
Jordan Kahn / 9to5Mac:
Apple releases first public beta of macOS Mojave with new system-wide Dark Mode, group FaceTime, desktop Stacks, redesigned Finder and Mac App Store, and more  —  Apple is today releasing its first public beta of macOS 10.14 Mojave, the upcoming version of its Mac operating system …
Mario Tomás Serrafero / XDA Developers:
Qualcomm unveils Snapdragon 632, Snapdragon 439 and Snapdragon 429 systems on a chip for mobiles, expects them to appear in devices in the second half of year  —  For a few years now, we've seen affordable phones become competitive options that are able to satisfy the needs of more and more customers.
Ingrid Lunden / TechCrunch:
UK judge grants Uber a 15-month license to operate in London, provided it meets TfL conditions and pays £425K, after its license was revoked in September 2017  —  After failing to secure a renewal for a license to operate a private hire vehicle service in London last September, Uber …
Henny Sender / Financial Times:
Sequoia Capital has raised the first $6B round of its $8B global fund, all of which comes from investors with no previous relationship with Sequoia  —  Sequoia Capital has raised the first $6bn of what will be an $8bn global fund, as the Silicon Valley venture capital firm seeks more firepower …

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