Techmeme
March 1, 2019, 4:20 AM

Top News

New York Times:
Sources: Facebook told crypto exchanges that it hopes to launch its own coin for WhatsApp, pegged to a basket of fiat currencies, in the first half of the year  —  SAN FRANCISCO — Some of the world's biggest internet messaging companies are hoping to succeed where cryptocurrency start-ups …
YouTube Creator Blog:
YouTube says it will disable comments on almost all videos featuring minors, improve classification of comments, and continue to ban harmful accounts  —  We know that many of you have been closely following the actions we're taking to protect young people on YouTube and are as deeply concerned as we are that we get this right.
Kirsten Korosec / TechCrunch:
Tesla says it is shifting all sales globally to online, resulting in some store closures and layoffs but allowing vehicle prices to be lowered by ~6% on average  —  Tesla is moving all of its sales online, a dramatic shift in its sales strategy that will result in the closure of stores …
J. David Goodman / New York Times:
Sources: Gov. Cuomo has talked with Amazon execs, including Bezos, to try to lure Amazon back to NYC; a full-page ad coming Friday in the NYT will urge the same  —  [What you need to know to start the day: Get New York Today in your inbox.]  —  Gov. Andrew M. Cuomo, who was staggered …
Sarah Perez / TechCrunch:
Twitter says in the coming months it will test a Hide Tweet feature that allows users to hide replies to their tweets that others can view through a menu option  —  Twitter has confirmed it's developing a new “Hide Tweet” option, but has yet to provide detail about its launch plans for the feature.
Finextra Research:
Revolut CFO Peter O'Higgins resigns this week in wake of allegations made against Revolut of allowing money laundering, and using dodgy hiring practices  —  The CFO of Revolut has resigned as the fintech unicorn makes headlines for all the wrong reasons, with allegations surface over serious lapses …
Chaim Gartenberg / The Verge:
Amazon announces Project Zero, an invite-only program to let brands autonomously flag and remove counterfeit listings of their products from Amazon  —  Amazon wants to cut down on fake listings  —  Amazon announced a new initiative today called Project Zero, a new effort that the online retailer …
Josh Constine / TechCrunch:
In letter to Sen. Warner, Facebook says teens were ~18% of users of its Research app over its lifetime; Facebook had said publicly that teens were less than 5%  —  Facebook has changed its story after initially trying to downplay how it targeted teens with its Research program …
Fred Imbert / CNBC:
Report: both Uber and Lyft plan to give some of their most-active or longest-serving drivers a cash award with an option to put it toward stock in their IPOs  —  - Uber's plan would give some drivers either a cash bonus or the option to use that money to buy shares at the IPO price, the report says.
Amir Efrati / The Information:
Sources: autonomous vehicle startup Drive.ai is seeking potential buyers; Drive.ai was valued at around $200M in 2017  —  One of the better known autonomous vehicle startups, Drive.ai, has been looking for a buyer.  The firm hired investment bank Jefferies as an adviser …
Natasha Lomas / TechCrunch:
Irish Data Protection Commission report: watchdog received 2,864 complaints in 2018 after May 25, when GDPR came into force, compared to 2,642 for all of 2017  —  A report by the lead data watchdog for a large number of tech giants operating in Europe shows a significant increase …
Alnoor Peermohamed / The Economic Times:
Indian grocery delivery startup Grofers raises ~$60M from SoftBank Vision Fund, as part of a larger Series F round in progress, reportedly at a $425M valuation  —  SoftBank has moved Grofers to its $100 billion Vision Fund.  The Japanese group had earlier backed the e-grocer through its balance sheet.
Tom Krazit / GeekWire:
Microsoft unveils Azure Sentinel, a new cloud service that allows customers to view and respond to security alerts and threats across corporate networks  —  Ahead of next week's big RSA security conference, Microsoft plans to introduce a new cloud service Thursday that will help customers manage …

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