Techmeme
April 9, 2019, 10:20 AM

Top News

Zheping Huang / South China Morning Post:
China's economic planning body has proposed new rules that would ban all local cryptocurrency mining farms; the rules are under public consultation until May 7  —  Bitcoin, the world's most traded cryptocurrency, is now at around US$5,200, its highest level in four months China's plan …
Sarah Perez / TechCrunch:
Twitter lowers the number of accounts a user can follow per day from 1,000 to 400 to cut down on spam and bot activity  —  Twitter just took another big step to help boot spammers off its platform: it's cutting the number of accounts Twitter users can follow, from 1,000 per day to just 400.
Emil Protalinski / VentureBeat:
Microsoft makes developer and “canary” builds of its Chromium-based Edge browser available today for Windows 10 64-bit, says builds for macOS “coming soon”  —  Microsoft today released the first Edge build based on Google's Chromium open source project, the same browser that Google's Chrome is based on.
Taylor Lorenz / The Atlantic:
Instagram class accounts are used by incoming freshmen to make friends and find roommates, similarly to how teens once used Facebook  —  By the time many college freshmen arrive on campus this fall, they'll have already met their roommate, their core friends, and many of their classmates on Instagram.
EU Press Room:
Facebook agrees to update its T&Cs in EU and clarify its use of user data to develop profiles and target advertising  —  Today, the European Commission and consumer protection authorities have welcomed Facebook's updated terms and services.  They now clearly explain how the company uses …
Benjamin Mayo / 9to5Mac:
Kuo: 31.6-inch Apple display with mini-LED backlight will launch in Q2 or Q3 2019; new iPad and MacBook with mini-LED displays will launch by 2020 or early 2021  —  TF Securities' Ming-Chi Kuo has released a report which lays out Apple's product interest in mini-LED technology.
Jon Russell / TechCrunch:
Klook, an online activity booking platform for travelers, raises $225M “Series D plus” led by SoftBank's Vision Fund  —  We recently noted that SoftBank's Vision Fund has stepped up its deal-making in Asia this year, and today it added a new company to its roster: travel services platform Klook.
Joe Hindy / Android Authority:
Snap is officially rolling out a faster version of its Snapchat Android app, which it's been rebuilding since the beginning of 2018 for better performance  —  Snapchat announced a big move in late 2017.  It was going to fix all of the problems its Android version had in comparison to the iOS version.
David Canellis / The Next Web:
Bitcoin wallet Electrum hit by DoS attack with the attackers apparently directing users to download “backdoored” versions of Electrum to steal their bitcoin  —  The servers of popular Bitcoin wallet Electrum are under heavy attack, and users are advised to be extra careful when using the pl
Paul Sawers / VentureBeat:
PubNub, which develops infrastructure to power data streams for real-time apps and IoT devices, raises $23M Series D  —  PubNub, a startup that develops the infrastructure to power key features in real-time applications and devices covering chat, tracking, and internet of things (IoT) …
More: FinSMEs and TechCrunch
Zheping Huang / South China Morning Post:
Tencent leads game streaming in China after Panda TV shuts down; China's streaming market, the world's biggest, is expected to reach $16.5B in revenues by 2022  —  China is home to the world's biggest live streaming user base, with industry revenue expected to grow to US$16.5 billion by 2022 …
Eric Feng:
Study: the App Store's Top 30 popular apps have been available to download for 5+ years on average in 2019, compared to less than two years on average in 2014  —  My current favorite podcast is Hit Parade, by music writer and Billboard chart historian Chris Molanphy at Slate.
BBC:

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Sergiu Gatlan / BleepingComputer: