Techmeme
November 16, 2018, 1:30 PM

Top News

Sheryl Sandberg:
Sheryl Sandberg says allegations that she and Zuckerberg hid info about Russian interference are untrue, claims she didn't know Facebook hired Definers  —  I want to address some of the claims that have been made in the last 24 hours.  —  On a number of issues - including spotting …
New York Times:
How Definers provided reporters with ammunition to suggest senators grilling Sheryl Sandberg were hypocritical for criticizing Facebook  —  SAN FRANCISCO — A small firm called Definers Public Affairs brought the dark arts of Washington's back-room politics to Silicon Valley when …
Alistair Barr / Bloomberg:
New York Times:
New York Times:
Paul Sawers / VentureBeat:
BlackBerry to acquire cybersecurity firm Cylance, which provides an AI-based advanced threat detection platform, for $1.4B in cash  —  The rumors, it seems, were true — BlackBerry is acquiring cybersecurity startup Cylance in an all-cash deal worth $1.4 billion.
Mike Minotti / VentureBeat:
Sony says it has sold 86.1M units of PlayStation 4 since the console debuted 5 years ago, 777.9M copies of software were sold on the platform  —  Sony revealed today that the PlayStation 4 has sold over 86.1 million systems.  The info came in a blog post celebrating the console's fifth anniversary.
Brian Crecente / Variety:
Sony says it will not attend next year's E3, the annual video game trade show, the first time in E3's 24-year history that Sony will not be there  —  Sony Interactive Entertainment, currently riding high on record sales of its PlayStation 4 gaming console, won't be hosting its annual press conference …
Deirdre Bosa / CNBC:
Sources: Airbnb recognized “substantially more” than $1B in Q3 revenue, on track to report EBITDA profits for 2018, and earned $100M on $2.6B in revenue in 2017  —  - A source told CNBC the company is on track to be profitable for the second straight year, as measured by earnings before interest …
More: TechCrunch
Zack Whittaker / TechCrunch:
Voxox left database unsecured, exposing a near real-time stream of millions of SMS texts including password reset links and 2FA codes from Google, Yahoo, others  —  A security lapse has exposed a massive database containing tens of millions of text messages, including password reset links …
Kyle Wiggers / VentureBeat:
MapAnything raises $42.5M Series C led by GM Ventures to expand its mapping platform for businesses to new markets  —  The location of things (LoT) market — which comprises technology that enables developers to make use of geographic data — is projected to be worth $71.6 billion by 2025 …
Mark Zuckerberg / Facebook:
Facebook to demote borderline content in News Feed by default, publish minutes of policy meetings, and let users appeal content decisions to an independent body  —  My focus in 2018 has been addressing the most important issues facing Facebook.  As the year wraps up, I'm writing a series …
Frederic Lardinois / TechCrunch:
MailChimp partners with Square to let its users create landing pages with built-in e-commerce features, says 50% of its revenue now comes from e-commerce  —  Mailchimp, the popular email newsletter service and marketing platform, today announced a partnership with Square that will allow …
Tweets: @alex
Julie Verhage / Bloomberg:
Source: Acorns, a startup that automatically invests users' spare cash into exchange-traded funds, is in talks to raise $100M at a $700M+ valuation  —  - The fintech company has more than $1 billion under management  — Existing investors include BlackRock, PayPal and Kevin Durant
CNBC:
Nvidia Q3: revenue of $3.18B, up 21% YoY, vs. $3.24B est., gaming revenue of $1.76B, vs. $1.89B est., and net income of $1.2B; stock down 16%+  —  Nvidia stock fell as much as 19 percent Thursday after the company reported earnings for the third quarter of its 2019 fiscal year, which ended on Oct. 28.

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Brian Fung / Washington Post: