Techmeme
May 3, 2019, 3:30 PM

Top News

Mike Dudas / The Block:
Report: Facebook seeks ~$1B from financial firms and e-commerce sites to back its stablecoin as it readies its payments network and rewards system for users  —  - Facebook is planning to launch a full payments network (rather than just remittances) and in discussions with payment networks Visa …
Mike Isaac / New York Times:
A look at Dara Khosrowshahi's tenure as Uber prepares to go public; source: CEO decided Travis Kalanick isn't welcome on the NYSE balcony for next week's IPO  —  The C.E.O. wants to prove that the start-up has evolved past a raucous, and profligate, tech-bro culture.  But Uber's past is simply not that far gone.
Jason Del Rey / Vox:
An oral history of Amazon Prime, the internet's most successful membership program with 100M+ members worldwide and one of the main reasons behind Amazon's rise  —  An oral history of the subscription service that changed online shopping forever.  —  It's easy to forget now, but Amazon wasn't always the king of online shopping.
David Singleton / Stripe Blog:
Stripe says its fifth engineering hub will be remote, to situate product development closer to customers, and it will hire 100+ remote engineers in 2019  —  Stripe has engineering hubs in San Francisco, Seattle, Dublin, and Singapore.  We are establishing a fifth hub that is less traditional but no less important: Remote.
Wall Street Journal:
Sources: SoftBank is considering an IPO for its $100B Vision Fund and is negotiating with the sultanate of Oman for an investment of several billion in the fund  —  Vision Fund staff hustles to keep up with frantic pace of deal making by CEO Masayoshi Son  —  SoftBank Group Corp …
Chris Zacharias:
A group of YouTube engineers warned IE6 users ten years ago, without permission, that the browser would not be supported, contributing to its demise  —  The bittersweet consequence of YouTube's incredible growth is that so many stories will be lost underneath all of the layers of new paint.
Tony Romm / Washington Post:
Sources: Facebook told FTC it's ready for more privacy oversight like quarterly privacy safeguards reports approved by CEO, review of new products before launch  —  The concessions could accompany a multi-billion dollar fine from the Federal Trade Commission, which opened its probe last year.
Mary Jo Foley / ZDNet:
Microsoft announces Azure SQL Database Edge, which will run on compute-constrained devices, and new AI, mixed reality, and IoT capabilities powered by Azure  —  A couple days ahead of Build 2019, Microsoft is showcasing some new AI, MR, IoT and blockchain capabilities powered by Azure …
Frederic Lardinois / TechCrunch:
Todd Spangler / Variety:
YouTube says it will make all of its original content free this fall in a strategy that its CBO says is in opposition to what other media companies are doing  —  - YouTube Renews Kevin Hart Comedy Series, Sets Maluma and Paris Hilton Documentaries, Lollapalooza Live-Streaming Deal
Catalin Cimpanu / ZDNet:
Dark web marketplace Wall Street Market, whose admins exit-scammed users of $14.2M+ in cryptocurrency, seized by German police and other international agencies  —  Wall Street Market seized by law enforcement agencies from Germany, the US, the Netherlands, and Romania.
Mijente:
Document from May 2017 shows ICE used Palantir's software to target and arrest parents and other relatives of unaccompanied minors crossing the US-Mexico border  —  The data-mining firm Palantir played a key role in federal immigration efforts to target and arrest family members of children crossing …
Sarah Perez / TechCrunch:
Spotify spotted testing “Your Daily Drive,” a personalized playlist featuring short podcast episodes mixed in with curated music, to positive initial reactions  —  Spotify was recently spotted testing a new personalized playlist — the first one to mix music and podcasts, customized to user's musical tastes.

Sponsor Posts

Smartsheet:
Strategies for shutting down SaaS sprawl  —  Managing a chaos of apps steals focus away from IT leaders who are increasingly helping to drive business.  Read the report.
TWiT.tv:
Your first podcast of the week is the last word in tech  —  Tech expert Leo Laporte and top pundits cover the latest tech news, innovations, gear, and pitfalls.  Subscribe to This Week in Tech on your favorite podcatcher.
Zoho:
Zoho awarded its ISO 27018 certification  —  Because of our long-standing commitment to your data privacy, we decided long ago that we would never sell your data or show you advertisements inside the products, even if you are using our free editions.
AWS Startups:
How Daivergent Is Helping Autistic People with Careers in Tech  —  Founded in 2017 by Byron Dai and Rahul Mahida, Daivergent's platform connects AI companies with high-volume data needs to a remote workforce comprised of people with autism.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Lockheed Martin CEO Marillyn Hewson joins Disrupt SF to talk about US crewed spaceflight  —  The space race is back on, but this time it's closer to home: A number of U.S. companies are vying to become …
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.

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