Techmeme
December 10, 2018, 9:00 AM

Top News

New York Times:
How smartphone apps are sharing precise location data with 75+ companies, including advertisers, retailers, and hedge funds, up to 14K times a day  —  Dozens of companies use smartphone locations to help advertisers and even hedge funds.  They say it's anonymous, but the data shows how personal it is.
Wall Street Journal:
Sources: Bird plans to raise at its current $2B valuation and Lime at $2B-3B, below their initial asks, amid tougher-than-expected business conditions  —  Shared electric-scooter companies Bird and Lime temper their valuation goals as they deal with vandalism and other growing pains
Kara Swisher / New York Times:
Huawei CFO's arrest at behest of US prompts fears of retaliatory arrests, amid a series of other worrisome US responses to strategic tech challenges from China  —  Tech executives worry China will turn to tit-for-tat arrests of Americans in response to the detention of Meng Wanzhou.
Sergey Golovanov / Securelist:
Kaspersky: networks of 8 Eastern European banks were hacked by people entering the premises and planting physical hardware like Raspberry Pi and USB devices  —  While novice attackers, imitating the protagonists of the U.S. drama Mr. Robot, leave USB flash drives lying around parking lots …
Reuters:
Enterprise software provider Tibco acquires French data management company Orchestra Networks, sources say valuing it in the low hundreds of millions of dollars  —  (Reuters) - TIBCO Software Inc, a large privately-held business software provider, is acquiring French data management company Orchestra Networks …

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Owen Williams / Motherboard:
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Nikhilesh De / CoinDesk: