Techmeme
April 27, 2019, 11:50 AM

Top News

Julie Verhage / Bloomberg:
Source: E*Trade is preparing to let customers trade cryptocurrencies on its platform starting with Bitcoin and Ethereum, will consider adding other currencies  —  - The brokerage giant will offer Bitcoin and Ethereum trades  — Service will compete with startups like Coinbase and Robinhood
Tom Warren / The Verge:
Sony has told reporters that the next-generation PlayStation won't launch within the next 12 months, says PS4 sales now total 96.98M, up from 86.1M in November  —  The next-gen battle is set for 2020  —  Sony recently revealed that its next-generation PlayStation, we'll call it the PS5, won't be ready for 2019.
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.
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:
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.
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.
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:
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.

Sponsor Posts

Smartsheet:
6 ways to fix dysfunctional work  —  From the deluge of email to the never-ending slog of reporting, uncover the solutions to workplace challenges with this free report.
Zoho:
10 New Year's resolutions for your 2020 sales and marketing goals  —  We recommend these 10 resolutions for achieving your 2020 sales and marketing goals—and some great extensions to help you get there.
Intel:
The PC of the future (and present) has AI at the core  —  Intel Deep Learning Boost and on-device AI reduce lag, speed performance, and help usher in the future of the industry
Blockset:
The ‘Plaid for crypto’  —  Blockset provides all the building blocks for building great crypto apps.  From accessing on-chain data to writing transactions in realtime.  Hit the market faster and cut dev costs through one API.
Mattermost:
How is Mattermost different from Microsoft Teams?  —  Learn how Mattermost's collaboration platform fits the needs of development teams.

Listen to Techmeme's Podcast:

Techmeme Ride Home: (Bonus) The Curious Case of Casper (with Dan Frommer) Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:50 AM ET, April 27, 2019.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Justin Elliott / ProPublica:
Josh Constine / TechCrunch:
Dan Primack / Axios:
Dieter Bohn / The Verge: