Techmeme
April 26, 2019, 12:25 PM

Top News

New York Times:
Sources: as it weighs constraints for Facebook, the FTC has discussed stronger monitoring of Facebook's privacy practices and direct punishment of Zuckerberg  —  Regulators on four continents are preparing for a long-awaited showdown with Facebook, after years of disinterest and half-steps.
Mike Isaac / New York Times:
New York State Attorney General announces investigation into Facebook's unauthorized collection of more than 1.5M users' email address books  —  SAN FRANCISCO — The New York State attorney general's office plans to open an investigation into Facebook's unauthorized collection …
Tony Romm / Washington Post:
Dieter Bohn / The Verge:
iFixit says it has removed its Samsung Galaxy Fold teardown at Samsung's request through a “trusted partner” who supplied iFixit with the phone  —  The drama is unfolding with increasing strangeness  —  What in the world is going on over at Samsung in the wake of the Galaxy Fold delay?
Frank Chaparro / The Block:
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor  —  The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name.
Lauren Feiner / CNBC:
Slack files for an IPO via direct listing, reports loss of $138M on $400M revenue for FY 2019 ending Jan. 31, compared to $140M loss and $220M revenue for 2018  —  - Slack follows several tech companies that have already debuted on the public market in 2019, including Lyft, PagerDuty, Pinterest and Zoom.
Dan Primack / Axios:
Uber sets IPO price range of $44 to $50 per share, plans to raise up to $10.35B at a valuation of up to ~$84B  —  Uber on Friday morning disclosed that it plans to raise upwards of $10.35 billion in its IPO, at a market cap that could approach $84 billion.  — The ride-hail giant …
Shannon Liao / The Verge:
Amazon says it's working to offer free one-day shipping as the default for Prime customers but that it will take “a significant amount of time to achieve”  —  Amazon revealed today that it's working to offer free one-day shipping as the default for Amazon Prime customers …
Amazon:
Emil Protalinski / VentureBeat:
Tripp Mickle / Wall Street Journal:
Sources: Three veteran designers from Apple's industrial design team are leaving as the famously close knit team under Jony Ive undergoes a series of changes  —  Three designers will have recently left the prestigious, two-dozen member team responsible for the iPhone's design
Chaim Gartenberg / The Verge:
Report: Intel CEO Bob Swan says the chip company decided to exit the mobile 5G business after Apple and Qualcomm announced their settlement  —  Which came first, the chicken or the egg?  —  Intel has clarified that it bowed out of the mobile 5G marketplace earlier this month, and now we know why …
Dean Takahashi / VentureBeat:
Motherboard:
Sources: at a Twitter all-hands, a staffer said it doesn't block white supremacist content as aggressively as ISIS since algorithms may ban some GOP politicians  —  A Twitter employee who works on machine learning believes that a proactive, algorithmic solution to white supremacy would also catch Republican politicians.
Tony Romm / Washington Post:
Aamir Siddiqui / XDA Developers:
AT&T's controversial 5G E icon has been added to the Android Open Source Project, and will now be officially recognized as a valid option on Android  —  AT&T's misleading “5GE” campaign became part of Android when Samsung phones that were updated to Android Pie and One UI began showing the 5GE icon in the status bar.
Taylor Soper / GeekWire:
Seattle-based AppSheet, a no-code app development platform used by nearly 6,000 enterprise customers, raises $15M Series A led by Shasta Ventures  —  Seattle startup AppSheet has raised $15 million to fuel growth of its platform that helps businesses develop their own data-based apps without requiring a team of developers.
More: FinSMEs
Tim Ingham / Music Business Worldwide:
Sources: Amazon is readying a high fidelity music streaming service that's expected to launch before the end of 2019, will likely cost $15 per month  —  Here comes Amazon.  —  Less than a week after the online giant launched its first fully free music streaming service …

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