Techmeme
April 27, 2019, 7:50 AM

Top News

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.
Wall Street Journal:
Sources: starting last summer, Apple held talks with Intel about acquiring parts of its smartphone modem chip business, but talks halted recently  —  Talks have cooled and Intel plans to seek out other buyers  —  Apple Inc. held talks with Intel Corp. about acquiring parts …
Chaim Gartenberg / The Verge:
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 …
Matt Levine / Bloomberg:
How Bitfinex lost access to $850M it held with the shady Panama-based payments processor Crypto Capital and tried to cover the loss by borrowing from Tether  —  Also Uber, Slack and mortgage settlements.  —  Matt Levine is a Bloomberg Opinion columnist covering finance.
Frank Chaparro / The Block:
Bloomberg:
Two organizers of the Google walkout held a meeting, attended by hundreds of staff, to discuss claims of “systemic” internal retaliation for company criticism  —  Hundreds of Google staffers met on Friday and discussed what activists allege is a frequent consequence of criticizing the company: Retaliation.
Justin Elliott / ProPublica:
Intuit is deliberately hiding TurboTax's free tax filing site from Google and other search engines; Intuit says it's reviewing its search practices  —  The makers of TurboTax as well as H&R Block promised the IRS to offer free filing for many Americans.  But they're keeping Google from seeing it.
Mary Madden / New York Times:
When low-income people fall victim to an online fraud or a data breach, the cascade of repercussions, both online and offline, can be devastating  —  When someone who is living paycheck to paycheck falls victim to an online fraud or a breach, the cascade of repercussions can be devastating.

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More News

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