Techmeme
August 26, 2018, 4:10 PM

Top News

Josh Constine / TechCrunch:
A look at IGTV's struggles and slow growth two months after launch as Instagram and content creators try to figure out how to make the longer video format work  —  ‘Everything great starts small,’ says CEO  —  Instagram has never truly failed at anything, but judging by modest initial view counts …
Andrew Martonik / Android Central:
Fixed flaw in the Fortnite Installer on the Galaxy Apps store and Epic's site let any app hijack the game download process to install anything on a user's phone  —  The exact problem we expected to happen, happened.  —  Google has just publicly disclosed that it discovered …
Jon Russell / TechCrunch:
Didi suspends its Hitch carpooling service in China after a driver allegedly raped and killed a carpooling passenger, the second such incident in 2018  —  Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber's China business, has suspended its carpooling service …
Isobel Koshiw / The Verge:
Sources detail a Ukraine-based hacking scheme that stole press releases from three US newswires over at least five years and made $100M+ via insider trading  —  At a Kiev nightclub in the spring of 2012, 24-year-old Ivan Turchynov made a fateful drunken boast to some fellow hackers.
More: Infosecurity.US.  Tweets: @markborkowski
Javier E. David / CNBC:
In a blog post, Elon Musk says that he has informed the board that he now believes Tesla should stay public and the board indicated that they agree  —  - “Although the majority of shareholders I spoke to said they would remain with Tesla if we went private, the sentiment, in a nutshell, was “please don't do this,” Musk said.
Patricia Hernandez / The Verge:
The YouTube stream for the Logan Paul vs. KSI fight had ~773K viewers, at $10/view, but 1M+ people watched unofficial streams of the fight on Twitch at its peak  —  Most people didn't pay for the biggest event on YouTube  —  After months of hype, YouTube superstars Logan Paul …
Muyao Shen / CoinDesk:
WeChat and Alipay ban cryptocurrency-related transactions on their payment platforms  —  Chinese mobile payment platforms WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings (ICOs) and cryptocurrencies.
Ian Bogost / The Atlantic:
Businesses have been collecting, selling, and reusing personal data for decades; Google and Facebook only made the process more visible via better ad targeting  —  Google and Facebook are easy scapegoats, but companies have been collecting, selling, and reusing your personal data for decades …

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