Techmeme
September 3, 2018, 5:10 AM

Top News

Kerry Flynn / Digiday:
How Timehop, running out of money, ditched programmatic ad partners, built its own ad server, boosted CPMs from $2 to $14, and increased revenues 10x YoY  —  Timehop had three months of runway in the bank when it decided its current advertising solution wasn't going to cut it.
Brian Ellsworth / Reuters:
A week after pegging its money, pensions, and salaries to Petro cryptocurrency, Venezuela still fails to show proof that anyone is using Petro for transactions  —  ATAPIRIRE, Venezuela (Reuters) - To hear Venezuela's leftist President Nicolas Maduro tell it, this remote hamlet of 1,300 souls …
More: ForbesTweets: @amoratv, @coindesk, @sthgibbs, and @reuters
Rebecca Hill / The Register:
Communiqué from Five Eyes nations tells tech industry to make accommodations on encryption, or legislative or enforcement actions may be taken for lawful access  —  Five Eyes to tech: We have ways of making you comply  —  The Five Eyes nations have told the tech industry …
Wall Street Journal:
JD.com founder and CEO Richard Liu arrested in Minnesota on a sexual misconduct allegation, released without bail; police say investigation is ongoing  —  E-commerce company JD.com says CEO Liu Qiangdong was released after what it says was a false accusation; Minneapolis Police say the case remains open
Ashley Carman / The Verge:
Twitter's director of product management tweets pics of changes being weighed to make Twitter more “conversational”: improved reply threads, status indicators  —  No thanks  —  Sara Haider, Twitter's director of product management, tweeted a couple screenshots today showing off changes …
Gabriel Wildau / Financial Times:
Bike-sharing startup Ofo is being sued by its Chinese bicycle supplier for $10M in unpaid bills; source says Ofo is burning through about $25M a month  —  A Shanghai-listed bicycle manufacturer has sued Ofo, the bike-sharing start-up backed by Alibaba, for $10m in unpaid bills …
More: The Verge
Nic Fildes / Financial Times:
BT, TalkTalk, BBC, Sky, ITV, and Channel 4 call for UK government to introduce independent regulatory oversight of the content carried over social networks  —  The heads of Britain's largest media and telecoms companies have called for the government to introduce independent regulatory oversight …
More: Telegraph

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Earlier Picks

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