Techmeme
September 5, 2018, 5:55 PM

Top News

Washington Post:
Overview of the Senate hearing on foreign influence in social media, which heard testimony from Sheryl Sandberg and Jack Dorsey  —  Facebook's Sheryl Sandberg and Twitter's Jack Dorsey told lawmakers on Wednesday that they are better prepared to combat foreign interference on their platforms …
Zack Whittaker / TechCrunch:
DoJ says AG Jeff Sessions will meet with state AGs to discuss a “growing concern” that social media giants are “hurting competition” and stifling free speech  —  The Justice Department has confirmed that Attorney General Jeff Sessions has expressed a “growing concern” …
Bloomberg:
Google's decision not to appear before the Senate was an unforced error, drawing criticism and robbing it of a chance to defend itself  —  - Senators blast search giant for executive absence at hearing  — Some people at the company said to regret Pichai's no-show
Washington Post:
A look at the philosophies and styles of Sheryl Sandberg, a veteran of Capitol Hill, and Jack Dorsey, a relative newcomer  —  SAN FRANCISCO — The Silicon Valley leaders who testified before Congress for the first time on Wednesday came to Washington with personal styles that could not be more different.
New York Times:
Issie Lapowsky / Wired:
Zac Hall / 9to5Mac:
Sources: Apple has considered the name “iPhone Xs Max” for the 6.5-inch model; both Xs and Xs Max will have 4GB RAM, up from 3GB, and dual SIM options  —  Last week 9to5Mac exclusively shared the first look at the new iPhone Xs models due to be officially announced by Apple on September 12.
Andrew Perrin / Pew Research Center:
Survey of US adults: 42% took a break from Facebook for several weeks or more, 26% deleted app from their phone, 54% adjusted privacy settings in past 12 months  —  Significant shares of Facebook users have taken steps in the past year to reframe their relationship with the social media platform.
Chris Welch / The Verge:
Snap launches new styles of Spectacles 2 with polarized lenses that look more like traditional sunglasses, available today for $199  —  And they've got polarized lenses  —  If the main hangup that's kept you from purchasing Snap's Spectacles has been their design, two new models that the company …
Diptendu Lahiri / Reuters:
Report: Goldman Sachs ditches plans for a cryptocurrency trading desk in the foreseeable future as regulatory framework remains unclear; cryptocurrencies slide  —  (Reuters) - Goldman Sachs Group Inc (GS.N) is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future …
Bryan Menegus / Gizmodo:
Bernie Sanders debuts the Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act, aiming to tax big firms based on government-provided welfare to staff  —  Bernie Sanders introduced a bill today that culminates weeks of feuding between the Vermont senator and Amazon …
Andy / TorrentFreak:
A rogue version of file-hosting platform MEGA's Chrome extension was found to steal user passwords and private keys to cryptocurrency wallets  —  A rogue version of file-hosting platform MEGA's Chrome extension has triggered a major security alert from the company.
Anthony Ha / TechCrunch:
Roblox, an MMO game popular with kids, raises $150M Series F, source says at a $2.5B+ valuation, bringing total raised to $185M  —  The company is now valued at more than $2.5B  —  Roblox, which allows kids to create 3D worlds and games, has raised an additional $150 million in funding.
Jordan Novet / CNBC:
Data search and analytics startup Elastic files for an IPO on NYSE, says it had revenue of $56.6M, up 79% YoY, in the latest quarter on a $18.6M loss  —  - The company said it doesn't have a partnership with Amazon, which has its own Elasticsearch service.  —  Elastic, a software developer …
TechCrunch:
Meditation app Headspace acquires Alpine.AI, formerly VoiceLabs, to expand its voice and AI-powered offerings  —  Headspace, a meditation app with 31 million users that is valued at $320 million, is doubling down on voice and A.I. technology to help differentiate itself from the rest of the wellness pack.
John Carreyrou / Wall Street Journal:
Theranos says it will formally dissolve, in an email to shareholders, and says it will seek to pay unsecured creditors its remaining cash in coming months  —  Firm, tarred by scandal, will pay creditors its remaining cash  —  Theranos Inc., the blood-testing company accused …

Sponsor Posts

Smartsheet:
Strategies for shutting down SaaS sprawl  —  Managing a chaos of apps steals focus away from IT leaders who are increasingly helping to drive business.  Read the report.
TWiT.tv:
All the 11s  —  Rene Ritchie has all three iPhone 11s and talks about the tri-lens camera, battery life, and how they stack up against each other.  Subscribe to the MacBreak Weekly podcast.
Zoho:
A better way of providing quality customer service with iOS 13  —  This year's Apple Special had the internet buzzing as it announced the release of iOS 13, the latest update for iPhones.
AWS Startups:
Shaping Your Startup Culture to Thrive  —  Our panel of experts at our AWS Loft in New York, including folks from Buzzfeed, Enigma, and Value Culture, discuss why culture is vital to any startup that wants to survive past its early days.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Will Smith and Ang Lee are coming to Disrupt SF this October 2-4  —  We'll talk to Lee and Smith about what it was like working with these effects, and how else they could change the way movies get made.
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.

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Lily Hay Newman / Wired: