Techmeme
March 11, 2019, 6:40 PM

Top News

Zac Hall / 9to5Mac:
Apple announces a special event on March 25 at the Steve Jobs Theater where it is expected to announce a streaming video service and a news subscription service  —  The rumors were true: Apple will hold its next special event on March 25th at Steve Jobs Theater in Cupertino, California.
Ian King / Bloomberg:
Nvidia to buy Mellanox Technologies, which makes chips and other hardware for data center servers, for $6.9B  —  - Mellanox holders offered $125-per-share in all-cash deal  — Graphics chipmaker trying to further embed itself in servers  —  Nvidia Corp. agreed to buy chipmaker Mellanox …
Bloomberg:
Lawsuit claims Larry Page didn't get board approval and personally approved a $150M stock grant to Andy Rubin despite sexual harassment allegations  —  - Company co-founder bypassed board, revised investor suit says  — Tech giant accused of covering up executive sexual misconduct
Nat Levy / GeekWire:
F5 Networks, which makes cloud and security application services, to acquire rival NGINX, which powers some of the busiest websites in the world, for $670M  —  F5 Networks says it is acquiring NGINX, one of the most popular web servers on the internet today, for $670 million.
Sarah Perez / TechCrunch:
twttr, Twitter's beta app to test new ideas, is launching today for some English and Japanese users on iOS, starting with a new design that color-codes replies  —  Twitter's new prototype application is rolling out to the first group of testers starting today, the company announced this afternoon by way of a tweet.
Zack Whittaker / TechCrunch:
Researchers find Box enterprise cloud storage accounts leaking sensitive data like prices for donated body parts and backdoor passwords to city waterworks  —  Security researchers have found dozens of companies inadvertently leaking sensitive corporate and customer data because staff …
Davey Alba / BuzzFeed News:
Leaked documents reveal CBP plans to deploy facial recognition tech at US airports in as little as two years, despite concerns about the tech and its legality  —  In March 2017, President Trump issued an executive order expediting the deployment of biometric verification of the identities of all travelers crossing its borders.
Connie Loizos / TechCrunch:
Source: a16z to open a San Francisco office later this year, but won't close its Sand Hill Road offices and doesn't plan to rent an entire building  —  One of the last top-tier venture firms to resist coming to San Francisco has apparently decided that it's time to make the move.
John Herrman / New York Times:
TikTok changed the social media landscape by discarding many assumptions made by rivals, such as the primacy of individual connections and friend networks  —  TikTok will change the way your social media works — even if you're avoiding it.  —  Hello, person who is, statistically speaking …
Greg Brockman / OpenAI:
OpenAI creates a new “capped-profit” company called OpenAI LP which will raise outside investments but will have a capped return  —  We've created OpenAI LP, a new “capped-profit” company that allows us to rapidly increase our investments in compute and talent while including checks and balances to actualize our mission.
Amir Efrati / The Information:
Source: Waymo is seeking financing from outside investors such as the German automaker Volkswagen  —  Alphabet's Waymo self-driving car division has been seeking financing from outside investors, such as European automakers like Volkswagen, according to a person with direct knowledge of the situation.
More: TechCrunch and Reuters

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