Techmeme
March 30, 2019, 11:50 AM

Top News

Matthew Panzarino / TechCrunch:
Apple cancels AirPower wireless charging mat, citing inability to meet its quality standards for the product  —  Apple has canceled the AirPower product completely, citing difficulty meeting its own standards.  —  “After much effort, we've concluded AirPower will not achieve our high standards and we have cancelled the project.
Wolfie Zhao / CoinDesk:
South Korean crypto exchange Bithumb says around $13M in the EOS cryptocurrency has been stolen in a hack it suspects was an insider job  —  South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job.
Hannah Kuchler / Financial Times:
A look at Facebook's growth team, set up in 2007 to pioneer techniques to lure in new users, that has now been charged to fix the company's “integrity” problems  —  If you joined Facebook at any time over the past decade, Alex Schultz probably had something to do with it.
Ryan Whitwam / Android Police:
Google accidentally posts information about Nest Hub Max, an unannounced 10" smart display with a built-in Nest camera, on Google Store's connected home page  —  A lot of Google products have “fallen off of a truck” in the last couple of years, leading to leaks ahead of official announcements.
Kevin Roose / New York Times:
Interview with YouTube Chief Product Officer Neal Mohan about its recommendation algorithms, radicalization, violent extremism, and the rabbit-hole effect  —  Neal Mohan discusses the streaming site's recommendation engine, which has become a growing liability amid accusations that it steers users to increasingly extreme content.
Sam Machkovech / Ars Technica:
Valve teases a VR headset called the Valve Index with a May 2019 release date; Valve previously partnered with HTC on the HTC Vive in 2016  —  Months of barely contained rumors have now been confirmed.  —  Valve Corporation's long-rumored VR headset is finally real.
Ingrid Lunden / TechCrunch:
Toast, a cloud-based restaurant management platform, raises a $250M Series E led by TCV and Tiger Global at a $2.7B valuation  —  Restaurant sales hit $825 billion last year in the US, but with margins averaging at only three to five percent per business, they're always looking for an edge …
Dan Goodin / Ars Technica:
A newly published exploit for a Magento vulnerability that can be used without authentication puts hundreds of thousands of e-commerce sites at risk  —  Magento admins: beware of SQL flaw that requires no authentication.  —  Attack code was published on Friday that exploits a critical vulnerability …

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Earlier Picks

Jessica Toonkel / The Information:
Sara Salinas / CNBC:
Dan Seifert / The Verge:
Ian Allison / CoinDesk:
Ina Fried / Axios:
Arjun Kharpal / CNBC: