Techmeme
September 5, 2018, 5:40 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.
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 …
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 …
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.

Sponsor Posts

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Lily Hay Newman / Wired: