Techmeme
July 9, 2018, 5:00 PM

Top News

Bloomberg:
Uber is investing in Lime as part of $335M round led by GV that values the firm at $1.1B; Uber plans to promote Lime through its app, execs from the firms said  —  - Ride-hailing company invests as part of $335 million round  — Alphabet's GV leads deal valuing Lime at $1.1 billion
Chris Welch / The Verge:
Apple debuts iOS 11.4.1 with USB Restricted Mode to stop Lightning data transfer after an hour of device being locked, shutting out cracking tools like GrayKey  —  Apple today released iOS 11.4.1, and while most of us are already looking ahead to all the new stuff coming in iOS 12 …
CNBC:
Xiaomi closes just below the IPO price on the first day of trading in Hong Kong after pricing IPO at the bottom of the range at $2.17/share and raising $4.7B  —  - The company's Hong Kong offering was priced at 17 Hong Kong dollars, which was on the low end of the expected range.
Josh Constine / TechCrunch:
Code in Snapchat's Android app shows the company is developing a visual product search feature codenamed Eagle that lets users “See all results at Amazon”  —  Codenamed “Eagle,” Snapchat is building a visual product search feature that delivers users to Amazon's listings.
Bloomberg:
Samsung says it is building the world's largest smartphone factory in Noida, India with the capacity of 120M units per year  —  - Indian PM Modi, South Korea's Moon to visit Samsung facility  — India is the fastest growing smartphone major market  —  Samsung Electronics Co. will open …
Timehop:
Timehop says it detected a network intrusion on July 4 that led to a data breach of names, email addresses, and some phone numbers affecting ~21M users  —  On July 4, 2018, Timehop experienced a network intrusion that led to a breach of some of your data.  We learned of the breach …
John D. McKinnon / Wall Street Journal:
Top GOP lawmakers on the House Energy and Commerce Committee write letters to Apple and Alphabet for more info on how they handle data from users' smartphones  —  Letters seek more information on how smartphones collect user location and other data  —  WASHINGTON—House lawmakers sent letters Monday …

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Paul Mozur / New York Times:
Foeke Postma / bellingcat: