Techmeme
April 19, 2019, 1:35 AM

Top News

Kurt Wagner / Recode:
Facebook updates a March blog post to say it stored passwords of millions of Instagram users in plain text, not tens of thousands as first announced  —  This number is much, much bigger than Facebook originally shared.  —  On the same morning Special Counsel Robert Mueller's report …
Rob Price / Business Insider:
Jem Aswad / Variety:
Amazon Music launches an ad-supported tier for Alexa-enabled devices in the US, allowing users to listen to Amazon Music's top playlists and stations for free  —  Amazon Music today basically soft-launched its free streaming tier, in which U.S. customers of its Alexa voice assistant …
YouTube Blog:
Google Home and Assistant-powered speakers get a free ad-supported version of YouTube Music with limited functionality, in 16 countries including the US and UK  —  Listening to music on your Google Home speaker right out-of-the-box seems too good to be true, right?  It's not!
Tom Huddleston Jr / CNBC:
Zoom founder and CEO Eric Yuan, an immigrant from China who was denied a US visa eight times, is now a billionaire after his company debuted on Nasdaq  —  When Eric Yuan was in his early 20s, he heard a speech from then-Microsoft CEO Bill Gates about the promise of the internet …
Jordan Novet / CNBC:
Zoom closes up 72% on its first day of public trading, valuing the company at $15.9B after it raised $356.8M in its IPO  —  Videoconferencing software company Zoom made its debut Thursday on the Nasdaq under the ticker symbol “ZM,” surging 80% to $65 and closing out the day up 72% at $62.
Bla1ze / CrackBerry.com:
Emtek announces it will shut down BBM for consumers on May 31, but BlackBerry's enterprise-grade service, BBM Enterprise, will become available to individuals  —  Consumer BBM users encouraged to switch to BBM Enterprise  —  Back in 2016, BlackBerry announced a new partnership …
Kyle Wiggers / VentureBeat:
Microsoft acquires Express Logic, which claims its real-time operating system for IoT and edge devices called ThreadX RTOS has over 6.2B deployments worldwide  —  Microsoft today announced that it's acquired Express Logic, a 23-year-old San Diego, California-based developer of real-time operating systems …
Apple:
Lauren Feiner / CNBC:
Pinterest closes up 28% on its first day of trading after raising $1.43B in its IPO and is now valued at nearly $13B, above the $12B valuation at its last raise  —  - Pinterest begins trading on the New York Stock Exchange under the ticker “PINS,” debuting at $23.75, up 25% from its IPO price.
Paulina Duran / Reuters:
Life360, an SF-based startup that makes a family tracking app, announces IPO in Australia, plans to raise A$145M, valuing the company at ~A$689M  —  SYDNEY (Reuters) - U.S. family tracking app operator Life360 has launched a A$145 million ($104 million) initial public offering in Australia …
Benjamin Mayo / 9to5Mac:
Kuo: 2019 iPhones will feature a 12MP front camera; the 6.5" and 5.8" OLED iPhones will have a rear-facing triple-camera system with a new super-wide 12MP lens  —  Kuo today said that Apple plans to upgrade the front camera in the 2019 iPhones from 7-megapixels to 12-megapixels.
Nathan Ingraham / Engadget:
Google and Amazon end their streaming video spat: YouTube will come to Fire TV and Prime Video will work with Chromecast and Android TV  —  Google and Amazon haven't historically been the best of friends, at least when it comes to their respective streaming video services.

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