Techmeme
March 1, 2019, 2:20 PM

Top News

Sara Salinas / CNBC:
Lyft IPO: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017  —  - In Lyft's long-awaited IPO prospectus, the Uber archrival says its share of the market has grown to 39 percent.
Fred Imbert / CNBC:
Wall Street Journal:
Sources: Amazon is planning to open dozens of grocery stores, distinct from Whole Foods, in several major US cities  —  Amazon is planning to open dozens of grocery stores in several major U.S. cities as the retail giant looks to broaden its reach in the food business beyond its specialty Whole Foods brand.
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.
Tom Warren / The Verge:
Microsoft now lets Microsoft 365 users on Android take a picture of a printed data table and automatically convert it into a fully editable Excel spreadsheet  —  Microsoft uses AI to boost Excel features  —  Microsoft is adding a very useful feature to its Excel mobile apps for iOS and Android.
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 …
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 spoke to Amazon execs, including Bezos, to try to lure Amazon back to NYC; full-page ad by NY civic leaders in Friday's NYT urges 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 …
Ben Fox Rubin / CNET:
Amazon says it has decided to stop selling Amazon Dash buttons globally, but will continue supporting new orders made through existing Dash buttons  —  Amazon has come up with some pretty odd ideas over the years: delivery inside your car, a talking tablet for your kitchen counter …
Natasha Lomas / TechCrunch:
LinkedIn suspends emails to connections when a European member has been mentioned in the news, after algorithm mixes up identities  —  LinkedIn has been forced to ‘pause’ a feature in Europe in which the platform emails members' connections when they've been ‘mentioned in the news’.

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More News

Simon van Zuylen-Wood / Vanity Fair:
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Earlier Picks

Ingrid Lunden / TechCrunch:
YouTube Creator Blog:
Chaim Gartenberg / The Verge:
Tom Krazit / GeekWire:
Sarah Perez / TechCrunch: