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Techmeme
September 28, 2018, 8:25 AM
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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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This is a Techmeme archive page. It shows how the site appeared at 8:25 AM ET, September 28, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Abner Li / 9to5Google:
YouTube launches genre-specific YouTube TV Plans as lower-cost alternatives to the $82.99 monthly subscription; the Sports Plan is priced at $64.99 per month

Matthew Keys / TheDesk.net:
E. W. Scripps agrees to sell its multicast network Court TV to Law&Crime owner Jellysmack, as it seeks to reduce debt tied to its Ion and Katz acquisitions

Scott Feinberg / The Hollywood Reporter:
The Academy will no longer show Oscar-nominated films to members on big screens after the screenings drew “an average of five members” over the last years

More News

Jon Brodkin / Ars Technica:
FCC limits the time local authorities get to review 5G applications to 90 days, caps annual fees to $270 per small cell, unless cities can prove higher costs
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
Consumer Reports:
Most Microsoft Surface laptops regain Consumer Reports' “recommended” status; Surface Go is still not recommended, mainly due to its slow performance
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

Earlier Picks

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
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
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
CoinDesk:
Crypto mining company Bitmain files for Hong Kong IPO; draft filing shows $2.8B in revenue as of June 30 and $422.05M raised in funding round that ended Aug. 7
Kashmir Hill / Gizmodo:
Study: Facebook lets ads target your account using info given for security purposes, like your phone number, as well as info from your friends' address books
Zack Whittaker / TechCrunch:
Breakdown of the topics covered during Wednesday's US Senate hearing on privacy: big tech prefers federal legislation, Google evades questions on China, more
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