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September 27, 2018, 6:10 PM
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memeorandum
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| Bloomberg: |
SEC sues Elon Musk, accusing him of misleading investors when he tweeted that he had funding lined up to take Tesla private; stock drops 11%+ after hours — The Securities and Exchange Commission has opened a case against Tesla Inc. Chief Executive Officer Elon Musk, according to a docket entry …
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Gizmodo, TechCrunch, Telegraph, Recode, TechCrunch, Axios, Ars Technica, CNBC, U.S. Securities …, and Electrek
Tweets: @alisonfrankel, @akaneotani, @kadhimshubber, @timfernholz, @willsommer, @mattrosoff, @tomgara, @kevinpokeeffe, @jyarow, @drewharwell, @mdudas, and @mdudas
| Sara Salinas / CNBC: |
SEC seeks to bar Elon Musk from serving as an officer or director of a publicly traded company if found guilty; Musk calls SEC action unjustified — - The SEC complaint alleges that Musk issued “false and misleading” statements and failed to properly notify regulators of material company events.
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Bloomberg, The Verge, USA Today, Business Insider, The Next Web, NPR, MarketWatch, Engadget, Fortune, The Daily Caller, Mashable, BGR, CBS New York, and Newser
Tweets: @danprimack, @krisvancleave, @probesreporter, and @business
| John Leyden / The Register: |
Weaknesses in DEP, Apple's free service for remote enterprise device management, may give attackers access to the network by guessing serial numbers of devices — Researchers check bootstrap enrolment tech, suck teeth, whistle — Hackers can blow holes in Apple's managed service technology …
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The Duo Blog, Forbes, CNET, Computerworld, BetaNews, Ars Technica, iPhone in Canada Blog, Dark Reading, ZDNet, iDownloadBlog.com, Neowin, VentureBeat, 9to5Mac, Threatpost, and Cult of Mac
Tweets: @iblametom and @dangillmor
| Nour Al Ali / Bloomberg: |
Swiss-based Seba has secured ~$104M in funding, dependent on being granted a banking license from Finma, to create a cryptocurrency-focused regulated bank — - Seba raises $104 million from private, institutional investors — Company in talks with Swiss financial regulator since April| Dan Thorp-Lancaster / Windows Central: |
Microsoft will end support for “classic” Skype 7.0 in November, with desktop support ending November 1, mobile and tablets on November 15 — It looks like Microsoft is ready to take a second stab at moving Skype users to the modernized desktop app.
More:
Skype Blogs, Thurrott.com, and TechCrunch
| Abner Li / 9to5Google: |
Alphabet's Chronicle launches VirusTotal Enterprise, a business version of its free offering that, it says, increases malware search speed by 100x — Alphabet in January unveiled Chronicle as the latest project to graduate from the X moonshot factory. Focusing on cybersecurity … | Paul Sawers / VentureBeat: |
Google says it will now include creator and credit metadata in photos it displays on Google Images and will add copyright notice metadata in the coming weeks — Google hasn't always had the best of relationships with photographers, but today it announced a small measure that should go some way toward appeasing image rightsholders.
More:
The Keyword, 9to5Google, Engadget, Search Engine Journal, IPTC, and Neowin. Tweets: @samharrelson
| David Stringer / Bloomberg: |
Unnamed Australian teenager sentenced to eight months probation for breaching Apple's systems; investigators recovered 1TB of sensitive info copied from Apple — - Youth found accessing Apple networks addictive, court hears — Customers' data wasn't compromised by the attacks, Apple says
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The Age, The Hacker News, 9to5Mac, Engadget, Gizmodo, iPhone in Canada Blog, AppleInsider, MacRumors, Cult of Mac, iPhone Hacks, and CNET
| Matthew Prince / The Cloudflare Blog: |
Cloudflare launches its own domain registrar called Cloudflare Registrar, promises to never charge anything more than the wholesale price each TLD charges — “I love my domain registrar.” Has anyone ever said this? From before Cloudflare even launched in September 2010 … | Taylor Hatmaker / TechCrunch: |
Coinbase adds Coinbase Bundle, a new offering that lets users buy a market-weighted sampling of its 5 available cryptocurrencies, for as little as $25 — Coinbase is shaking things up quite a bit lately and its latest tools are geared toward cryptocurrency traders just getting their toes wet.
More:
The Coinbase Blog, The Next Web, CryptoGlobe, KnowTechie, The Block, and Bitcoin Magazine
Tweets: @readdanwrite, @brian_armstrong, and @dickerson_des
| Connie Loizos / TechCrunch: |
Opendoor, which buys homes from sellers directly and then sells them at a profit, raises $400M from SoftBank's Vision Fund, source says at $2B valuation — It's official. Two weeks ago, we reported that Opendoor — the four year-old, San Francisco-based company aiming to make it possible …
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VentureBeat, SiliconANGLE, PYMNTS.com, Bloomberg, Axios, Fortune, and The Real Deal New York
| Consumer Reports: |
Most Microsoft Surface laptops regain Consumer Reports' “recommended” status; Surface Go is still not recommended, mainly due to its slow performance — New reliability ratings prompt the change, but Surface Go falls short on performance — Microsoft Surface laptops are now eligible for …
More:
ZDNet, SlashGear, The Verge, BGR, TechSpot, Thurrott.com, Windows Central, MSPoweruser, GeekWire, and Neowin
| Sara Atske / Pew Research Center: |
Study of US teens finds 59% say they have been bullied or harassed online, 79% say elected officials are doing only a fair or poor job of addressing the problem — 59% of U.S. teens have been bullied or harassed online, and a similar share says it's a major problem for people their age.| Paul Sawers / VentureBeat: |
Microsoft's SwiftKey keyboard on Android adds two-way translation for 60+ languages, enabling it to translate both outgoing and incoming messages — Microsoft-owned mobile keyboard company SwiftKey has announced a new translation feature in its Android app, one that leverages Microsoft Translator …
More:
GeekWire and Android Police
| Bloomberg: |
SoftBank's Vision Fund has already committed $65B; Masayoshi Son says that he plans to raise a new $100B fund every two or three years and spend ~$50B per year — The Japanese dealmaker says he'll raise a new $100 billion fund every few years. Silicon Valley's disruptors are struggling to keep up.
More:
Silicon Valley Business … and Bloomberg
Tweets: @teddyschleifer, @business, @mcbridesg, @pelstrom, @peter_tl, @robinwauters, @selina_y_wang, @tmfassociates, and @martinsfp. Thanks:@pelstrom
| Jacob Kastrenakes / The Verge: |
Julian Assange steps down as editor-in-chief of WikiLeaks but retains publisher title, appoints Icelandic journalist Kristinn Hrafnsson to replace him — Julian Assange has stepped aside as editor-in-chief of WikiLeaks, with the group saying his departure was “due to the extraordinary circumstances” … | Paul Sawers / VentureBeat: |
Cargo, which makes boxes of items such as gum, phone chargers, and snacks to help drivers sell goods to ride-hailing passengers, raises $22.5M Series A — In-car commerce startup Cargo has raised $22.5 million in a series A round of funding led by Peter Thiel's Founders Fund …
More:
PE Hub Blog, Forbes, and FinSMEs
| Lucas Matney / TechCrunch: |
Oculus announces the standalone Oculus Quest, shipping next spring for $399 with touch controllers and 50+ games at launch — Opening up the Oculus Connect 5 keynote with some announcements, Facebook CEO Mark Zuckerberg announced that its newest headset, called Oculus Quest …
More:
VentureBeat, Oculus, Digital Trends, Oculus Blog, Engadget, Wired, CNBC, Wired, CNET, The Verge, Inquirer, Ars Technica, Engadget, and Polygon
Tweets: @hbarra, @cheddar, @dannysullivan, @mikeisaac, @iansherr, @jetscott, @deantak, @daveleebbc, @iansherr, @jetscott, @russellholly, @iansherr, @russellholly, @daveleebbc, @iansherr, @russellholly, @mcclure111, @kurtwagner8, @russellholly, @iansherr, @daveleebbc, @sarahfrier, @russellholly, @starfire2258, @mikeisaac, @boztank, @mikeisaac, @russellholly, @russellholly, @jetscott, @stevenlevy, @russellholly, @mikeisaac, @c_davies, @kylebrussell, @starfire2258, and @laurengoode
| Josh Constine / TechCrunch: |
| Ingrid Lunden / TechCrunch: |
Real estate tech company Compass raises $400M Series F, led by SoftBank's Vision Fund and the Qatar Investment Authority, at a $4.4B valuation — Compass, the New York startup that has built a tech-first platform to take on the antiquated market of real estate, is building up its own house today.| Dieter Bohn / The Verge: |
A look at how, ten years after Google introduced Android to prevent the industry's other players from becoming dominant, its mobile OS has become just that — It's an Android world; we just live in it — Android is 10 years old now, give or take. It was revealed on September 23rd … | Kate Clark / TechCrunch: |
The Infatuation, a restaurant discovery platform which bought Zagat from Google, raises $30M from Jeffrey Katzenberg's WndrCo — WndrCo, the consumer tech investment and holding company founded by longtime Hollywood executive Jeffrey Katzenberg, has invested $30 million in The Infatuation, a restaurant discovery platform.| Steve Blank: |
A look at how the Apple Watch is poised to disrupt the highly regulated healthcare industry and what diagnostics and screening apps Apple may add in the future — I don't own an Apple Watch. I do have a Fitbit. But the Apple Watch 4 announcement intrigued me in a way no other product has since the original IPhone.| Bryan Menegus / Gizmodo: |
Amazon's anti-union tactics revealed in leaked 45-minute video that it sent to team leaders at Whole Foods; Amazon says Gizmodo “cherry-picked soundbites” — Amazon, the country's second-largest employer, has so far remained immune to any attempts by U.S. workers to form a union.
More:
Forbes, Mercury News, Boing Boing, and The Guardian
Tweets: @heidigroover, @bryandisagrees, @tylerkenthill, @alexpalombo, @fightfor15, and @alibreland. Thanks:@andrewcouts
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