Techmeme
February 14, 2019, 5:35 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 …
More: The Amazon Blog, GeekWire, SiliconANGLE, The Verge, Reuters, Financial Times, The Verge, Business Insider, GeekWire, Recode, Bloomberg, Thurrott, Business Insider, TechCrunch, Axios, GeekWire, USA Today, Gizmodo, The Hill, Fort Worth Star-Telegram, The Atlantic, Recode, CNBC, Reuters, TechCrunch, Telegraph, CNN, Axios, CNET, Wall Street Journal, ZDNet, CityLab, Light Reading, Bloomberg, Xconomy, Mashable, New York Daily News, The Daily Beast, Quartz, Ars Technica, Bloomberg, Wired, The Wrap, Bloomberg, Vox, WKYC-TV, Fox News, Bloomberg, Variety, Business Insider, VentureBeat, TechCo, Investor's Business Daily, Boing Boing, Neowin, Motherboard, PYMNTS.com, Fortune, Yahoo Finance, Gothamist, Toronto Star, and Silicon Valley Business …
Tony Romm / Washington Post:
Sources: the FTC and Facebook are negotiating a record multi-billion dollar fine to settle the agency's investigation into the company's privacy practices  —  The Federal Trade Commission and Facebook are negotiating over a multi-billion dollar fine that would settle the agency's investigation …
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.
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 …
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 …
Jordan Novet / CNBC:
Nvidia Q4: revenue of $2.21B, down 24% YoY, vs. $2.20B est., gaming revenue of $954M, vs. $1.21B est., and net income of $567M; stock up 7%+ after hours  —  - The company beat expectations on the top and bottom lines after providing updated guidance last month.
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

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