Techmeme
November 13, 2018, 11:50 AM

Top News

US Day One Blog:
Amazon selects New York City and Arlington, Virginia for its new headquarters, receiving $1.5B in performance-based incentives from NY and $573M from VA  —  Amazon to invest $5 billion and create more than 50,000 jobs across the two new headquarters, and announces Nashville as new Operations Center …
Nick Statt / The Verge:
Apple says its T2 chip in newer Macs will run a diagnostic after some repairs that may make the computer inoperable if not repaired by Apple or its network  —  Newer Macs now require a proprietary diagnostic tool be run after replacing the logic board or Touch ID sensor
New York Times:
In a letter shared by Sen. Ron Wyden, Facebook admits it ignored warnings from government-approved auditor in 2013 that its device partners may misuse user data  —  Facebook failed to closely monitor device makers after granting them access to the personal data of hundreds of millions of people …
Livemint:
Flipkart Group CEO Binny Bansal resigns after probe into allegations of serious misconduct  —  Binny Bansal's resignation “follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct.”  —  05 27 PM IST
Wall Street Journal:
Some Google services were temporarily unreachable for some users due to internet traffic being misdirected; Google believes cause was external, will investigate  —  Internet giant says issue has been resolved and it will conduct an investigation  —  Google services were temporarily unreachable …
Corinne Reichert / ZDNet:
Intel says it will make its XMM 8160 5G modem available to manufacturers in H2 2019, six months ahead of schedule, with devices using it shipping in H1 2020  —  Intel said it has pushed the launch of a 5G modem forward by six months, with the product to become available to device manufacturers in the second half of next year.
Wall Street Journal:
A look at how Palantir, which keeps losing money, is trying to turn around its business ahead of a long-delayed IPO by cutting costs and hiring more salespeople  —  The Silicon Valley unicorn, which has been run like a scrappy startup, is under pressure to remake the business ahead of a possible IPO
Joe Uchill / Axios:
France's Macron releases an international pact on cyber warfare and security principles that over 50 nations have signed, but not the US, Australia, or China  —  French President Emmanuel Macron released a international agreement on cybersecurity principles Monday as part of the Paris Peace Forum.
Sara Fischer / Axios:
Sources: Yahoo Finance is launching a subscription service, Yahoo Finance Premium, in Q1 2019 that a source says will likely cost $100+/month  —  Yahoo Finance, the decades-old money brand now owned by Verizon, is launching a subscription service that aims to compete with Bloomberg for the cash …
Kate Clark / TechCrunch:
Poynt, a developer of smart payment terminals and an open operating system for payment terminals, raises $100M Series C  —  Elavon, a U.S. Bank-owned payment processing company, and National Australia Bank have participated in the $100 million Series C for Poynt, a developer of smart payment terminals …
Robert Hackett / Fortune:
Netskope, which helps businesses secure their data, web apps, and cloud infrastructure, raises $169M led by Lightspeed Venture Partners at a $1B+ valuation  —  Netskope, a cybersecurity firm that specializes in “cloud” security, has raised $169 million in a new round of venture capital funding.
More: TechCrunchThanks:@dahknee

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