Techmeme
February 28, 2019, 5:35 AM

Top News

Sarah Perez / TechCrunch:
FTC settles with Musical.ly, now TikTok, for $5.7M, over the app's violation of US child privacy laws; TikTok's app updates with a new UX for users under 13  —  A significant FTC ruling issued today will see video app TikTok fined $5.7 million for violating U.S. children's privacy laws …
Roland Li / San Francisco Chronicle:
In a letter to the CA government, Apple confirms that 190 employees, including 124 engineers, will be laid off from its self-driving car division on April 16  —  Apple will lay off 190 employees in Santa Clara and Sunnyvale in its self-driving car division, the company said.
Connie Loizos / TechCrunch:
Figure, which uses blockchain tech to provide home equity loans, raises $65M; founded over a year ago by ex-SoFi CEO Mike Cagney, Figure has raised $120M total  —  Figure, a 13-month-old, San Francisco-based company that says it uses blockchain technology to provide home equity loans online …
The Seattle Times:
Though Seattle repealed its “head tax”, Amazon says it won't use the 722K sq. ft. in Rainier Square tower it had leased, which would have housed up to 5K staff  —  The lease was one of the biggest in Seattle history — enough space to hold at least 3,500 employees and perhaps up to 5,000.
Larry Dignan / ZDNet:
RightScale 2019 State of the Cloud survey of enterprises and SMBs: Azure adoption grew from 45% to 52%, reaching 85% of AWS adoption, up from 70% last year  —  The RightScale 2019 State of the Cloud Report from Flexera highlights how enterprises are spending more on cloud computing …
Kate Rooney / CNBC:
Square reports Q4 adjusted revenue of $464M, up 64% YoY, 15M Cash App MAUs in Dec. 2018, up from 7M YoY, issues weak Q1 guidance; stock down 6%+ after hours  —  - Payment company Square reported fourth-quarter results that beat analysts' expectations for earnings and revenue on Wednesday.
Catalin Cimpanu / ZDNet:
Coinhive, an in-browser Monero miner known for cryptojacking, says it will shut down on March 8, citing the crypto crash and a recent Monero hard fork  —  Coinhive wanted to be an alternative to classic banner ads but it became malware after constant abuse.
Roger Cheng / CNET:
Source: Motorola plans to launch its foldable smartphone, likely a revival of the Razr brand, this summer  —  Motorola is jumping into foldable phones.  And it's likely doing it with one of the most iconic names in the business.  —  Motorola, a unit of Chinese consumer electronics giant Lenovo …
Alexis C. Madrigal / The Atlantic:
Crowdtangle data: a small number of Facebook Pages created 46% of the top 10,000 posts for or against vaccines, with 20% generated by seven anti-vax Pages  —  Squelching vaccine misinformation might be easier than the platform makes it seem.  —  Look up vaccinations on Facebook …
Romain Dillet / TechCrunch:
Review of Shadow Ghost, a $140 streaming game console made by French startup Blade, which runs a $35/month cloud gaming service that now has ~65,000 subscribers  —  French startup Blade, the company behind Shadow, is launching a new set-top box to access its cloud gaming service — the Shadow Ghost.
Mary Ann Azevedo / Crunchbase News:
Study of VC-backed deals over the last five years finds that 77.1% of VC-backed founders were white, 1% were black, and 9.2% of startup founders were female  —  Maybe the VC community is tired of hearing about it; certainly, there are plenty of people who are tired of dealing with it.

Sponsor Posts

Smartsheet:
The nature of work has changed.  —  Gartner: “Collaborative work management plays a prominent role in the new work nucleus.”  Read the free report.
Mattermost:
#1 Slack alternative for DevOps and IT teams.  Open source and self-managed.  —  Learn why Mattermost is the #1 open source Slack alternative.
Zoho:
Ask an Expert: How sales and marketing teams can drive growth with data  —  Data is king when it comes to powering organizations' sales, marketing, and customer relationships.  But you may be wondering how exactly teams …
CircleCI:
How we re-designed our engineering career paths  —  Access our free, open engineering competency matrix for a framework on skills and values for engineers at all levels.
Techmeme Leaderboards:
PR pros: identify the top reporters on 43 different tech beats  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Fri. 02/21 - Libra Gets A (Shopify) Win! Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:35 AM ET, February 28, 2019.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Eugene Wei / Remains of the Day:
Katyanna Quach / The Register:
Gus Garcia-Roberts / USA Today:
Josh Constine / TechCrunch:
Makena Kelly / The Verge:
Shannon Liao / The Verge: