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July 25, 2018, 12:15 PM
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Marc Vartabedian / Wall Street Journal:
Facebook's General Counsel Colin Stretch, who led the company's investigation into Russian election interference, is leaving at the end of the year  —  Colin Stretch's announced exit marks the second high-level departure in recent weeks  —  Facebook Inc.'s FB 1.78% top lawyer …
BuzzFeed News:
Facebook CSO Alex Stamos told peers in memo about his departure to “intentionally not collect data where possible” and be willing to pick sides on moral issues  —  In March, days after confirming his plans to leave the company, Facebook's highest-ranking security official implored …
Paul Mozur / New York Times:
Source: Chinese government has withdrawn its approval for Facebook's new subsidiary in the country  —  SHANGHAI — For Facebook, success in China was brief.  Very brief.  —  For several hours, a Chinese government database showed that Facebook had gained approval to open a subsidiary in the eastern province of Zhejiang.
Anthony Ha / TechCrunch:
Grubhub to acquire Boston-based LevelUp, which offers a platform to manage digital ordering, payments and loyalty, for $390M in cash  —  Grubhub announced this morning that it's agreed to acquire LevelUp for $390 million cash.  —  Founder and CEO Matt Maloney told me that while previous Grubhub acquisitions …
More: The Verge
Jordan Crook / TechCrunch:
Gym membership startup ClassPass raises $85M Series D led by Temasek, bringing the total funding raised to $255M  —  ClassPass today announced the close of an $85 million Series D financing round led by Temasek, the same firm that led the startup's Series C financing.
Nick Statt / The Verge:
Steam is rolling out Steam Chat, with new text and voice features to compete with gaming chat app Discord, to all users  —  In a bid to keep Discord from dominating the social space around PC gaming  —  Steam has begun rolling out its new text and voice features, as well as its updated friends list, to all users beginning today.
Patrick Howell O'Neill / Cyberscoop:
Google unveils Titan Security Key, a Yubico-like phishing resistant 2FA device, currently available to Google Cloud customers and soon to everyone, pricing TBA  —  Google says its workforce has been phish-proof for more than a year.  The impressive security stat is due to small USB security keys issued …
More: TechCrunch and Yubico.  Thanks:@howelloneill
Connie Loizos / TechCrunch:
Equidate, a San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them, raises $50M Series B  —  Equidate, a 4.5-year-old, San Francisco-based marketplace that makes privately held shares available to accredited investors wanting to buy them …
Janko Roettgers / Variety:
BitTorrent confirms it has been acquired by blockchain startup Tron; filings suggest about $126M in cash was paid for the company  —  File sharing veteran BitTorrent has finally confirmed that it has a new owner: “We are excited to announce that Tron has officially closed its acquisition of BitTorrent …
Nick Statt / The Verge:
Washington AG says Facebook signed legal agreement to change ad platform so third parties can't discriminate based on ethnicity, religion, or sexual orientation  —  The agreement with Washington state forces Facebook to make nationwide changes  —  Facebook has signed a new …
Dan Ackerman / CNET:
Apple issues a fix for 2018 MacBook Pro CPU throttling/thermal management issues via macOS High Sierra 10.13.6 Supplemental Update  —  Apple has been catching heat over the performance of its new MacBook Pro laptops, but the company hopes a new software update will cool off outraged power users.
Fei-Fei Li / The Keyword:
Google announces new Cloud AutoML offerings: Vision, Natural Language, and Translation, available in beta, also announces Contact Center AI, available in alpha  —  AI has evolved dramatically in the last two decades.  Technologies like image recognition and machine translation are now a part of everyday life for millions.

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From Mediagazer

Connor Hart / Wall Street Journal:
Hasbro launches Sixth Wall, an AI studio working with ElevenLabs and voice actors to create and license AI-native versions of its characters and franchises

Todd Spangler / Variety:
On a staff call, Bari Weiss defends firing Scott Pelley, saying the foundation of “trust and mutual respect” was broken after Pelley's outburst on Monday

Washington Post:
Two Stars and Stripes advisory board members sue the US Defense Department, saying new restrictions on the paper violate the First Amendment and federal law

More News

Earlier Picks

Stephen Shankland / CNET:
Chrome 68, rolling out today, shows a “not secure” warning for any HTTP website; in October the warning's color will change to red
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