Techmeme
August 22, 2018, 9:50 PM

Top News

Alex Stamos / Lawfare:
Alex Stamos, former Facebook CSO, says 2016 failures still weigh on him, warns US elections risk becoming “World Cup of information war” without better security  —  In the swirl of news this week, it would be easy to miss recent announcements from two of America's largest …
Bloomberg:
Source: autonomous driving startup Zoox, valued at $3.2B, dismisses CEO and co-founder Tim Kentley-Klay, names co-founder and CTO Jesse Levinson president  —  - Co-founder Jesse Levinson will become company president  — Zoox just raised $500 million, at a $3.2 billion valuation
Jez Corden / Windows Central:
Sources: Microsoft to unveil “Xbox All Access”, a contract-based US monthly subscription offering an Xbox One, Xbox Live, and Xbox Game Pass, later this month  —  We've heard Microsoft is soon planning to debut a new contract-based monthly subscription service dubbed “Xbox All Access …
Sarah Frier / Bloomberg:
Inside Snap's “Council” where employees discuss their inner thoughts, and Evan Spiegel's attempts at self-improvement after company's DAU decline  —  On the second floor of the new headquarters of Snap Inc. in Santa Monica, Calif., is a room dedicated to helping employees open up.
Ime Archibong / Facebook:
Facebook says it has suspended 400+ apps since launching investigation into app data use, including myPersonality, which may have misused data of 4M+ users  —  Today we banned myPersonality — an app that was mainly active prior to 2012 — from Facebook for failing to agree to our request …
Charisse Jones / USA Today:
Walmart partners with Rakuten Kobo to launch Walmart eBooks, with a catalog of 6M+ titles and a $9.99/month Audible-like subscription service for audiobooks  —  Walmart ratcheted up its battle with Amazon, planting a stake on the e-commerce giant's turf by selling e-books for the first time.
Alex Pasternack / Fast Company:
Data analytics firm Crimson Hexagon, which was suspended from Facebook after allegations of using user data for surveillance, says it's regained firehose access  —  Crimson Hexagon, a Boston data analytics company, raised some eyebrows last week when it announced that its access to the firehose …
Chris Velazco / Engadget:
Xiaomi unveils ~$300 6.18-inch Pocophone F1 with flagship-level specs: Snapdragon 845, 6GB RAM, 64GB storage, 4,000mAh battery, 20MP camera, Full HD+ display  —  Xiaomi is one of the most respected smartphone brands in India, but apparently that wasn't not good enough.
Anthony Ha / TechCrunch:
Latch, an NYC-based startup that makes keyless lock systems for apartments, raises $70M Series B led by Brookfield Ventures  —  Latch announced this morning that it has raised $70 million in Series B funding.  —  The round was led by Brookfield Ventures, the investment arm of Brookfield Asset Management.

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