Techmeme
September 2, 2018, 8:50 PM

Top News

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
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 …
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 …
Joseph Cox / Motherboard:
Google confirms its Titan Security Keys are made by a Chinese company, but says the firmware ensures security, as security experts call for more transparency  —  Google's Titan Security Keys, used to lock down accounts, are produced in China.  Several experts want more answers on that supply chain process …
More: BetaNews and ZDNet
Renee DiResta / Wired:
As politicians accuse search and social media firms of censorship, the real focus should be on opaque algorithms and reckless amplification of harmful content  —  THE ALGORITHMS THAT govern how we find information online are once again in the news—but you have to squint to find them.

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More News

Earlier Picks

Jacob Kastrenakes / The Verge:
Jordan Novet / CNBC:
Mehedi Hassan / Thurrott.com:
Mary Jo Foley / ZDNet:
Tom Warren / The Verge: