Techmeme
April 26, 2019, 1:55 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:
Tony Romm / Washington Post:
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.
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.
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
Raymond Zhong / New York Times:
Huawei tried to explain its ownership structure after a report accused it of being misleading about the matter, but questions remain  —  SHENZHEN, China — For one of the world's largest technology companies, it should be a simple question:  —  Who owns Huawei?
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 …
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:
Josh Constine / TechCrunch:
In a chat with the historian Yuval Noah Harari, Zuckerberg says Facebook will not comply with the laws of authoritarian countries requiring local data centers  —  If free nations demand companies store data locally, it legitimizes that practice for authoritarian nations which can then steal …
More: Facebook
Facebook: Mark ZuckerbergTweets: @thekenyeung, @lfdodds, and @facebook
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:
Tony Romm / Washington Post:
Sources: Rep. Ilhan Omar asked Jack Dorsey in a call why Twitter didn't pull Trump tweet with a video prompting death threats; Dorsey said it didn't break rules  —  Twitter did not take down the tweet, despite Omar's request, a source said.  —  Twitter chief executive Jack Dorsey phoned Democratic …
Motherboard:

Sponsor Posts

Smartsheet:
Direct listing or IPO: What's the difference?  —  What's the best way to take a company public?  Recently a few larger, well-known brands, notably Spotify and Slack, have opted for the direct listing.  Read more.
Zoho:
Bulk Update the Accounts of Your Transactions in Two Simple Steps |  Zoho Books  —  After introducing Budgets in Zoho Books, we are back with yet another feature to help accountants stay audit-ready by fixing incorrect transactions in a matter of seconds.
Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.
Mattermost:
How is Mattermost different from Slack?  —  Learn why Mattermost is the #1 open source Slack alternative.

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More News

Joseph Cox / Motherboard:
Sergiu Gatlan / BleepingComputer:

Earlier Picks

Tim Ingham / Music Business Worldwide:
Eddie O'Neil / Facebook Developers:
Ashley Carman / The Verge: