Techmeme
September 28, 2018, 7:45 AM

Top News

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 …
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.
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
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.
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 …
Jon Russell / TechCrunch:
Didi Chuxing launches a taxi-hailing service in Osaka, Japan that links passengers with drivers from 10 local taxi companies  —  China's Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in Japan.
Monica Nickelsburg / GeekWire:
Steve Ballmer's USAFacts unveils Voter Center, an online resource showing what positions Congress members take publicly and compares them with government data  —  Former Microsoft CEO Steve Ballmer's nonprofit group USAFacts today debuted a new Voter Center, an online resource that shows …

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Earlier Picks

David Stringer / Bloomberg:
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