Techmeme
September 3, 2018, 10:10 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.
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 …
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: CoinSpeaker and CCN
Wall Street Journal:
Sources: Jack Dorsey has personally weighed in on content decisions at Twitter and overruled staff to keep Alex Jones and reinstate Richard Spencer's account  —  Twitter CEO Jack Dorsey has personally weighed in on high-profile decisions, frustrating some employees
New York Times:
In lawsuits against Israeli hacking tools maker NSO Group, which claims to not spy with its tools, court docs allegedly show it snooping on calls to close sales  —  The rulers of the United Arab Emirates had been using Israeli spyware for more than a year, secretly turning the smartphones …
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
Kate Clark / TechCrunch:
Used car site Vroom, which laid off ~30% staff and halted Dallas and Indiana operations in March, is raising $70M and has already secured $30M, SEC filing shows  —  Despite cutting a big portion of its staff in March, Vroom is back pitching investors.  Yesterday, the site for buying …
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

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More News

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Earlier Picks

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