Techmeme
December 24, 2018, 11:10 PM

Top News

Wall Street Journal:
As Snap hits an all-time low, sources describe Evan Spiegel's instinctual and imperious management style that can stifle dissent and led to the redesign debacle  —  Snap, once seen as a viable competitor to Facebook, is struggling after the CEO ignored warnings about a redesign that proved unpopular
Alastair Marsh / Bloomberg:
Crypto efforts of banks like Goldman Sachs, Morgan Stanley, Barclays are in limbo after bitcoin's months-long fall and weak demand from institutional clients  —  Goldman Sachs, Morgan Stanley and many more built it.  But they didn't come.  —  Limbo—that's where to find Wall Street when it comes to cryptocurrencies.
Deepa Seetharaman / Wall Street Journal:
A look at Joel Kaplan's growing sway at Facebook as he pushed against News Feed changes designed to reduce polarization, promoted The Daily Caller partnership  —  Joel Kaplan has emerged as the social-media site's protector against allegations of political bias
Alex Howard / E Pluribus Unum:
Congress passes the Open Government Data Act, which requires public information to be open to the public by default in a machine readable format  —  On December 21, 2018, the United States House of Representatives voted to enact H.R. 4174, the Foundations for Evidence-Based Policymaking Act of 2017 …
Josh Constine / TechCrunch:
HQ Trivia launches HQ Words, a Wheel of Fortune-style game that's been in closed beta for months, and reinstalls Rus Yusupov as CEO  —  HQ's expansion beyond trivia is emerging from beta, but the question is whether it's different and accessible enough to revive the startup's growth.

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Kate Kelly / New York Times: