Techmeme
April 23, 2019, 7:00 PM

Top News

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
Tony Romm / Washington Post:
Source: Trump complained in a meeting with Jack Dorsey that Twitter had removed some followers; Dorsey stressed even he lost followers from new Twitter policies  —  President Trump on Tuesday met privately with Twitter CEO Jack Dorsey, a huddle at the White House between one of the site's …
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.
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 …
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 …
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.
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 …
Kate Clark / TechCrunch:
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.

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Todd Haselton / CNBC: