Techmeme
April 23, 2019, 6:25 PM

Top News

Motherboard:
Jack Dorsey had a closed-door meeting with Trump on Tuesday, which sources say was anticipated to be about “the health of the public conversation on Twitter”  —  The meeting lasted 30 minutes, and touched on “the health of the public conversation on Twitter,” according to an internal Twitter email obtained by Motherboard.
Alan Levin / Bloomberg:
Alphabet's drone delivery business, Wing, becomes first drone operator to get FAA approval as an airline, plans to launch a delivery trial in Virginia this year  —  - Google offshoot becomes only drone firm approved as an airline  — Wing's new status clears way for others seeking drone commerce
Joe Rossignol / MacRumors:
Leaked internal memo suggests Apple now requires most keyboard-related repairs to be carried out in store with a quoted next-day turnaround time  —  Apple has indicated that most MacBook and MacBook Pro keyboard repairs will be required to be completed at Apple Stores until further notice …
Polina Marinova / Fortune:
A history of Kleiner Perkins' two-decade losing streak, as it got distracted by renewable energy, lost key talent, and failed to groom its next-gen leadership  —  Once the very embodiment of Silicon Valley venture capital, the storied firm has suffered a two-decade losing streak.
Salvador Rodriguez / CNBC:
Snap reports Q1 revenue of $320M, vs. $307M est., up 39% YoY, DAUs of 190M, up 2% QoQ; Snapchat reaches 90% of 13-24 year-olds in US  —  - Snap, the maker of Snapchat, posted a loss fo 10 cents per share, vs. expected loss of 12 cents per share.  — The company also managed to continue growing …
Wall Street Journal:
Sources: billionaire SoftBank founder Masayoshi Son made a huge personal bet on bitcoin just as prices peaked and lost more than $130M when he sold out  —  Japanese billionaire made a huge personal investment in the digital currency as prices peaked  —  Masayoshi Son, the billionaire founder …
Ingrid Lunden / TechCrunch:
Twitter Q1 beats with revenue of $787M, up 18% YoY and net income of $191M, reports MAUs of 330M, up 9M QoQ but down 6M YoY; stock closes up 15%+  —  Social networking and media platform Twitter today reported its results for the first quarter of the year, and it's a strong one.
Catalin Cimpanu / ZDNet:
The EU has voted to interconnect border control, migration, and law enforcement systems into a searchable biometrics database of 350M+ EU and non-EU citizens  —  EU Parliament green-lights the creation of the Common Identity Repository (CIR), a gigantic biometrics database.
Kate Clark / TechCrunch:
KeepTruckin, which develops hardware and software that helps truck drivers manage their vehicles and cargo, raises $149M Series D at a $1.25B valuation  —  KeepTruckin, a developer of hardware and software that helps truck drivers manage their vehicles and cargo, has raised $149 million in Series D funding.
Ben Munster / Decrypt:
Interviews with contractors who write crypto white papers reveal startups routinely force them to fabricate business models, inflate funding budgets, and more  —  We dive into this murky industry to find out who writes these things, what goes into the research and how much it really costs to get one written.
Federal Bureau of Investigation:
Report from FBI's Internet Crime Complaint Center (IC3) says online theft, fraud, and exploitation caused losses of $2.7B globally in 2018, up from $1.4B in '17  —  Report Shows Cyber-Enabled Crimes and Costs Rose in 2018  —  The statistics gathered by the FBI's Internet Crime Complaint Center …
Janko Roettgers / Variety:
Reddit says it is rolling out Events, used to schedule posts related to an event like a TV show, and Collections, used to curate posts, to all subreddits  —  After testing them with “Game of Thrones” fans and a few dozen other Subreddits for the past couple of months, Reddit is now launching …
More: The Verge
Russell Brandom / The Verge:
Facebook hires Jennifer Newstead, a legal advisor for the US State Department who helped craft the Patriot Act, as its general counsel, replacing Colin Stretch  —  'Jennifer is a seasoned leader whose global perspective and experience will help us fulfill our mission,' says Sheryl Sandberg
James Thorne / GeekWire:

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Earlier Picks

Josh Constine / TechCrunch:
Law360:
Paige Leskin / Business Insider:
Kirsten Korosec / TechCrunch:
Nitasha Tiku / Wired:
Todd Haselton / CNBC: