Techmeme
December 11, 2018, 10:20 PM

Top News

Shira Ovide / Bloomberg:
Congress and tech companies are failing the public with hearings that point fingers and duck questions, should instead have talks that work toward solutions  —  Both sides are failing to make tech companies accountable.  —  Here's what I learned from watching Mr. Pichai go to Washington …
Recode:
Recap of Pichai's testimony before Congress, where he said Google had 100+ people working on a Chinese search engine but has no plans to launch it “right now”  —  Here's what we learned when the search giant's CEO answered questions from the House Judiciary Committee.
Joseph Menn / Reuters:
Hardware maker Supermicro says review by an outside investigations firm found no evidence of any malicious chips in its current or older motherboards  —  SAN FRANCISCO (Reuters) - Computer hardware maker Super Micro Computer Inc told customers on Tuesday that an outside investigations firm …
Jon Porter / The Verge:
Report: Uber operations manager sent 890-word email to execs with serious concerns about autonomous program just days before an Uber vehicle killed a pedestrian  —  Solutions that could have prevented collision were proposed  —  An 890-word email was sent to Uber's executives …
Scott Moritz / Bloomberg:
Verizon writes down the value of its AOL and Yahoo acquisitions by $4.6B in filing, amid tough competition in the digital advertising industry  —  Verizon Communications Inc. slashed the value of its AOL and Yahoo acquisitions by $4.6 billion, conceding that tough competition for digital advertising …
Ina Fried / Axios:
Abigail Geiger / Pew Research Center:
Pew: one in five US adults say they frequently get their news from social media, surpassing the number who get theirs from print (16%) for the first time  —  Social media sites have surpassed print newspapers as a news source for Americans: One-in-five U.S. adults say they often get news via social media …
Ron Miller / TechCrunch:
Dell votes to buy back VMware tracking stock and go public again, to trade on NYSE beginning December 28 under the symbol DELL  —  Dell just announced that it has agreed to buy back the VMware tracking stock from the EMC acquisition.  The company confirmed the buy-back price of $120 per share for a total of $23.9 billion.
Kate Rooney / CNBC:
Plaid, which makes tools to let other apps connect to users' bank accounts, raises $250M Series C led by Mary Meeker, source says at a $2.65B valuation  —  - The San Francisco-based company announced its latest $250 million funding round led by venture capital veteran Mary Meeker, who is also joining Plaid's board.
Robert D. McFadden / New York Times:
Evelyn Berezin, who designed and built the first true word processors around 1970 as the founder and president of Redactron, has died at 93  —  Evelyn Berezin, a computer pioneer who emancipated many a frazzled secretary from the shackles of the typewriter nearly a half-century ago by building …
Kate Clark / TechCrunch:
Sidecar, an early ride-hailing player that shut down in 2015, is suing Uber, alleging that tactics like sending “fraudulent ride requests” were used against it  —  Sidecar, an early player in the ride-hailing business, is suing Uber, claiming the billion-dollar business …

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