Techmeme
February 14, 2019, 4:00 PM

Top News

J. David Goodman / New York Times:
Amazon says it has cancelled plans to build HQ2 in New York City, focusing instead on Northern Virginia and Nashville, following a backlash  —  Amazon on Thursday canceled its plans to build an expansive corporate campus in New York City after facing an unexpectedly fierce backlash …
Hugh Son / CNBC:
JP Morgan has created the JPM Coin, a digital token that will be used to instantly settle transactions, with trials set to start in a few months  —  - Engineers at the lender have created the “JPM Coin,” a digital token that will be used to instantly settle transactions between clients of its wholesale payments business.
Stephen Nellis / Reuters:
Apple says it will resume selling banned iPhone 7 and 8 models in Germany using only chips from Qualcomm, after it had “no choice” but to stop using Intel chips  —  (Reuters) - Apple Inc said Thursday that it will resume selling older iPhone models in its stores in Germany …
James Vincent / The Verge:
OpenAI says it won't release the dataset behind GPT-2, its new text generator algorithm that can write, translate, and summarize text, due to fears of misuse  —  OpenAI's researchers knew they were on to something when their language modeling program wrote a convincing essay on a topic they disagreed with.
TechCrunch:
Alibaba's Ant Financial buys London-based payments company WorldFirst in a deal that sources say is valued at around $700M  —  Ant Financial, the financial services giant affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe.
Frederic Lardinois / TechCrunch:
DigitalOcean launches a managed database service, supporting only PostgreSQL with more coming soon  —  DigitalOcean started as an affordable but basic virtual private server offering with a pleasant user interface.  Over the last few years, the company started adding features like object and block storage …
Reuters:
Illicit software distributors are using iOS enterprise developer certificates to distribute hacked versions of popular apps like Spotify and Minecraft  —  SAN FRANCISCO (Reuters) - Software pirates have hijacked technology designed by Apple Inc to distribute hacked versions of Spotify …
Niraj Chokshi / New York Times:
FTC: Americans lost ~$143M to online dating scams in 2018, which was number one in terms of dollar loss when compared to other types of fraud  —  Love is in the air, but don't let it cloud your judgment — or it might cost you.  —  Americans looking for love lost at least $143 million …
Salvador Rodriguez / CNBC:
Sources: Facebook keeps a “lookout” list of ex-employees and users who made threats against the company, and sometimes uses its products to track their location  —  - Facebook maintains a list of individuals that its security guards must “be on lookout” for that is comprised …
Sarah Frier / Bloomberg:
Facebook says it is exploring ways to address anti-vaccine misinformation including reducing or removing it from recommendations and demotion in search results  —  Facebook Inc., under pressure to reduce harmful, misleading and fake content, said it is exploring removing anti-vaccine information …
Andrii Degeler / Tech.eu:
Paris-based freelance marketplace Malt raises $25M round led by Idinvest, will use the capital injection to expand to Germany and the Netherlands  —  Paris-based freelance platform Malt has landed $25 million in a funding round led by Idinvest, with participation from existing investors, ISAI and Serena, Maddyness reported.
Bloomberg:
Sources: Apple will unveil both its video and news subscription offerings at a March 25 event  —  - Company also plans to unveil news service at March 25 event  — New subscription offerings may boost revenue of key segment  —  Apple Inc. is planning to unveil video …
Kyle Wiggers / VentureBeat:
Pinpoint, which is building a data analytics platform for software engineering, raises $13.5M Series A led by Bessemer Venture Partners  —  For those without the technical know-how, software development — which more often than not involves a tangled web of commits, reviews, bug testing …
More: TechCrunch
Jordan Crook / TechCrunch:
Figma, maker of cloud-based collaborative interface design tools, raises $40M Series C, bringing the total raised to $82.9M at a post-money valuation of $440M  —  With more industries and organizations recognizing design as a pillar of business, a battle is brewing among makers of design tools.
Peter Kafka / Recode:
Apple has signed many publishers to its upcoming news service with a 50% revenue split, sources say, but that split likely won't satisfy major newspapers  —  Magazine publishers are on board with Apple's new subscription news service.  Newspapers aren't.  —  Apple says it wants to help save journalism.

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Techmeme Ride Home:
(TWTR SPC) Facebook's Fortnight Of Controversy
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