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November 20, 2018, 4:15 PM
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Top News

Timothy W. Martin / Wall Street Journal:
Sources: Samsung plans to release a variant of the Galaxy S10 next spring that will have six cameras, 5G, and a 6.7" screen  —  The tech giant's response to sales slump is flagship phones packed with bigger screens and extra cameras  —  SEOUL— Samsung Electronics Co. is planning …
Jon Porter / The Verge:
In an updated statement, Tumblr says an audit found child porn images were slipping through detection tools, leading to removal from App Store  —  Blames an ‘industry database’ that failed to filter prohibited content  —  Tumblr says that child pornography was the reason for its app's sudden disappearance from the iOS App Store.
Kate Rooney / CNBC:
Bitcoin hit its lowest level in more than a year on Monday, falling under $5,000, with the entire cryptocurrency market cap losing roughly $40B in the past week  —  - The world's largest cryptocurrency is now down 22 percent in the past week, falling as much as 12 percent Monday to its lowest level in more than a year.
Bloomberg:
Sources: US DOJ probe into cryptocurrency manipulation has homed in on Bitcoin, Tether, and Bitfinex, and whether traders artificially inflated Bitcoin's price  —  - DOJ investigating whether Tether was used to prop up Bitcoin  — U.S. case part of broader review of possible coin manipulation
Alex Heath / Cheddar:
Sources: Snap is planning to release new Spectacles with two cameras and an aluminum frame for $350 by the year's end  —  Snap Inc. is planning to release a new version of its Spectacles glasses with two cameras and a higher price point of $350 by the end of the year, Cheddar has learned.
Sean Hollister / The Verge:
Valve is discontinuing its Steam Link hardware, which let users stream games from PCs to other devices like a TV  —  We hardly knew ye  —  Why am I sad that a tiny black puck which streamed games over a Wi-Fi network will soon disappear from shelves around the world?
Kyle Wiggers / VentureBeat:
Microsoft now supports standards-based FIDO2 security key devices, letting Windows 10 users access their Microsoft Account without entering username or password  —  Passwords aren't as effective a means as preventing account break-ins as they might seem.  Three out of four people use duplicate passwords …
Reuters:
SoftBank invests $2B in South Korean e-commerce company Coupang, source says at a ~$9B valuation  —  SoftBank Group Corp's Vision Fund is investing $2 billion in South Korea's top e-commerce firm Coupang, the retailer said on Tuesday, as the loss-making startup girds for battle against rivals backed by the country's cash-rich chaebol.
Kevin Kelleher / Fortune:
The stocks of Amazon, Apple, Facebook, Google, and Netflix have all declined 20% or more in recent months, pushing them into bear market territory  —  Tech investors resumed their selloff of the large-cap FAANG stocks, with the five tech giants all sustaining declines of 20% or more, enough to push them into bear-market territory.
Eric Newcomer / Bloomberg:
Uber has shifted strategies in Germany, Japan, and Argentina by working within regulations and launching non-ride-hailing businesses  —  Sitting in his glass-walled office in Berlin with an open suit jacket, casually tieless, Christoph Weigler looks every bit the part of a Silicon Valley startup executive.
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
Margaret Sullivan / Washington Post:
Zuckerberg should give up his dual role as Facebook CEO and chairman, stepping down as chairman and appointing an independent director to oversee the board

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This is a Techmeme archive page. It shows how the site appeared at 4:15 PM ET, November 20, 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

Rick Edmonds / Poynter:
Gannett fires an experienced editor overseeing 26 community newspapers for “sharing proprietary information” with a “competing media company”, which was Poynter

Georg Szalai / The Hollywood Reporter:
WBD reports a $86M profit in Q1 for its DTC unit, which includes streaming, up from $50M in Q1 2023, and 99.6M streaming subscribers, up from 97.7M in Q4 2023

Sara Fischer / Axios:
Vice Media plans to create a joint venture with Savage Ventures, which will invest “tens of millions of dollars”, to relaunch its sites, including Vice.com

More News

Jon Brodkin / Ars Technica:
From 2011 to 2016, the FCC released an annual report comparing advertised broadband speeds with actual speeds but has not released one in two years

Earlier Picks

Ina Fried / Axios:
Tim Cook says some government regulation of Silicon Valley is inevitable, defends deal to make Google Apple's default search engine despite privacy concerns
Kyle Wiggers / VentureBeat:
Microsoft acquires Atlanta-based app provisioning and virtualization startup FSLogix, to improve Office 365 performance in “multi-user virtual environments”
Josh Constine / TechCrunch:
Instagram says it will use machine learning to find and remove inauthentic likes, follows, and comments from accounts using third-party apps to boost popularity
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