Techmeme
November 28, 2018, 10:45 AM

Top News

Craig Silverman / BuzzFeed News:
The DOJ indicts eight men on charges related to a global ad fraud scheme discovered with the help of about 15 tech companies, including Google and White Ops  —  In August 2017, the FBI organized a secret meeting of digital advertising and cybersecurity experts in a secure room in a Manhattan federal building.
Charlie Warzel / BuzzFeed News:
Ex-Facebook staffer Mark Luckie posts 2,500-word memo detailing Facebook's “black people problem”, originally shared internally before his last day in November  —  In a 2,500 word internal memo released publicly this morning, former Facebook employee Mark S. Luckie delivered …
Wall Street Journal:
Amazon says it's starting to sell text analysis software to mine medical records for info that doctors and hospitals can use to improve treatment and cut costs  —  The move is the latest by a technology company to tap the health care market  —  Amazon.com Inc. AMZN .01% is starting …
Tony Romm / Washington Post:
Sources: Google CEO Sundar Pichai to testify before the House Judiciary Committee on December 5 regarding claims the company is biased against conservatives  —  Google chief executive Sundar Pichai is set to testify to Congress in December, facing off against lawmakers for the first time at a hearing …
Abner Li / 9to5Google:
Google says Fast Pair, its Bluetooth pairing spec, now pairs Bluetooth accessories across devices sharing a Google account and will support Chromebooks in 2019  —  Earlier this month, Google released a Fast Pair Validator app on the Play Store to help Bluetooth manufacturers support Android's seamless Bluetooth pairing solution.
Sara Fischer / Axios:
Source: Imran Khan, former chief strategy officer at Snap, raises $17.5M for his new e-commerce startup led by Lightspeed Venture Partners  —  Imran Khan, former chief strategy officer at Snap Inc., has raised $17.5 million for his new e-commerce startup, according to a source familiar with the deal.
Larry Cermak / The Block:
Steemit, a social network that rewards users with its own cryptocurrency, says it's laying off nearly 70% of its team, after its currency declined 96%  —  Steemit, the company behind a blogging website that uses the Steem blockchain and cryptocurrency to reward publishers and curators …
Tom Krazit / GeekWire:
AWS debuts AWS Ground Station, a cloud service for satellite operators, says it will construct new ground-based facilities to allow high data speeds from space  —  Space is hard, and getting data to and from orbiting satellites can be even harder.  Amazon Web Services just launched …
Tom Krazit / GeekWire:
David Floyd / CoinDesk:
Tether reopens account verification for new customers and allows redemption of fiat currency, after suspending its wallet service in Nov. 2017 following hack  —  Tether Ltd., the controversial issuer of the tether stablecoin (USDT), which aims for parity with the U.S. dollar …
Kate Clark / TechCrunch:
Australia-based Deputy, whose employee management platform makes scheduling for hourly workers easier, raises $81M Series B led by IVP  —  After eight years of bootstrapping, Deputy sought scale.  So the workforce management platform turned to venture capital, quickly raising a $25 million Series A in early 2017.
Ingrid Lunden / TechCrunch:
Source: Corel, the Canadian developer of apps like CorelDraw and WordPerfect, is acquiring virtualization specialist Parallels in deal expected to close in Dec.  —  Some consolidation is afoot in the world of business software.  TechCrunch has learned from multiple sources that Parallels …
More: Thurrot
Larry Dignan / ZDNet:
Salesforce reports Q3 earnings of $3.39B, up 26% YoY, vs. $3.36B est., and Sales Cloud revenue of $1.02B, up 11% YoY; stock up 7%+ after hours  —  Salesforce sees strong growth ahead, but its fourth quarter outlook was mixed.  —  Salesforce delivered strong results as it continues to benefit …
Sarah Perez / TechCrunch:
Amazon says Cyber Monday was the biggest shopping day in its history, topping Prime Day's 100M+ products sold, with the new Echo Dot as the best seller  —  Amazon said on Tuesday it just had its biggest shopping day in the company's history on Cyber Monday (Monday, November 26), based on the number of products sold worldwide.

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Smartsheet:
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