Techmeme
November 19, 2018, 9:35 AM

Top News

Deepa Seetharaman / Wall Street Journal:
Sources: this June, Zuckerberg told ~50 execs that Facebook was at war and he'd act more decisively, leading to reorgs, key departures, tension with Sandberg  —  New approach causes turmoil, driving several key executives from the company and creating tensions with longtime Chief Operating Officer Sheryl Sandberg
Jon Porter / The Verge:
Tim Cook says some level of government regulation over Silicon Valley is inevitable, defends Apple's deal for Google's search engine despite privacy concerns  —  ‘I think their search engine is the best’  —  Apple CEO Tim Cook has defended his company's deal with Google …
Wall Street Journal:
Sources: Apple reduced production orders for all new iPhone models in recent weeks; iPhone XR production was slashed by up to one third of the initial 70M  —  In recent weeks, Apple slashed production orders for all three iPhone models that it unveiled in September
Andrew Liptak / The Verge:
Tumblr says it is working to resolve an issue with iOS app after it disappeared from the App Store amid speculation it was removed due to inappropriate content  —  The company says that it's working to resolve ‘an issue’ with the app  —  Tumblr's iOS app is missing from Apple's App Store.
Steve O'Hear / TechCrunch:
Swedish scooter-sharing startup VOI Technology raises $50M Series A led by Balderton Capital with Spencer Rascoff, Justin Mateen, Jeff Wilkes among investors  —  VOI Technology, an e-scooter startup headquartered in Sweden but with pan-European ambitions, has raised $50 million in Series A funding, confirming our earlier scoop.
More: Tech.eu, PE Hub Blog, and VentureBeatThanks:@sohear
Aaron van Wirdum / Bitcoin Magazine:
Bitcoin Cash has forked, with Bitcoin Cash ABC as an apparent early winner, but Bitcoin Cash SV camp is still threatening 51% attacks, spam, and more  —  Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins …
Kyle Wiggers / VentureBeat:
Hippo, an insurance startup that uses sources like satellite imagery and smart home sensors to simplify signups and policy management, raises $70M Series C  —  U.S. home insurers raked in $95 billion in revenue last year, and according to a recent Jupiter report, so-called insurtech companies …
More: NoCamels and VatorNews
Jim Waterson / The Guardian:
Sam Byford / The Verge:
Xiaomi announces a partnership with Meitu to sell Xiaomi phones under the Chinese selfie app maker's brand, with Meitu “still involved” in camera software  —  Chinese selfie app and smartphone maker Meitu has announced that Xiaomi is effectively taking over its hardware business.
Anna Hensel / VentureBeat:
Wonolo, an online staffing marketplace for underemployed workers, raises $32M Series C, says revenue more than doubled in the past year  —  Wonolo, an app that helps companies find temporary workers and contractors, today announced that it has raised a $32 million round of venture capital, led by Bain's venture capital arm.
Reuters:
JD.com reports Q3 revenues of $15.09B, up 25.1% YoY, but posts $94.7M loss, says it will move its warehouse business into a separate unit to boost income  —  (Reuters) - China's JD.com Inc reported third-quarter revenue on Monday that fell short of analysts' estimates on sluggish sales in its core e-commerce business.

Sponsor Posts

Smartsheet:
Gartner research vice president Mike Gotta to present at Smartsheet ENGAGE  —  Gotta will discuss why collaborative work management is increasingly essential for business at Smartsheet's annual customer conference Sept. 30-Oct. 3 in Seattle.
TWiT.tv:
From Android to Zuckerberg - and everything in-between  —  Dig deep into tech news worth talking about.  Subscribe to the This Week in Google podcast with Leo Laporte, Stacey Higginbotham, and Jeff Jarvis.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
Zoho:
Renascence of our design lore: the story of Zoho Finance Suite's new logos  —  Design decisions are hard, and they're even harder when a lot is at stake.  When it came to designing the new logos of Zoho Finance products …
Ingram Micro:
Apply for the World's Largest Startup Competition  —  B2B ISVs are encouraged to apply for the Comet Competition ahead of the September 30 deadline, with top prize of $1M made possible by Ingram Micro.
Intel:
The field of opportunity for AI is immense—does your CPU have AI Inside?  —  Here are three questions every technology buyer should be asking of their AI tech supplier.

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