Techmeme
May 4, 2019, 5:05 PM

Top News

CNN:
After Facebook bans seven extremists, Trump, in a series of tweets, complains about the ban, retweeting extremists' tweets, and issuing vague threats  —  New York (CNN)Facebook barred seven users from its services earlier this week, citing its policies against “dangerous individuals and organizations.”
Cecilia Kang / New York Times:
Sources: FTC commissioners remain divided along the party lines on whether to hold Mark Zuckerberg personally liable for Facebook's future privacy violations  —  The F.T.C. chairman seems to have the votes to approve a settlement.  One of the biggest issues has been whether to hold Mark Zuckerberg liable for future violations.
Catalin Cimpanu / ZDNet:
Some Git source code repositories, including at least 392 from GitHub, have been wiped and replaced with a ransom demand in a possible coordinated attack  —  Hacker wipes Git repos and asks for Bitcoin.  Gives victims 10 days and threatens to release the code.
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.
Celia Wan / The Block:
Bitfinex is trying to raise $1B via initial exchange offering of LEO tokens to provide liquidity as it seeks access to $850M it says were frozen by governments  —  Bitfinex will issue an initial exchange offering (IEO) that aims to raise $1 billion, according to an excerpt …
Laura Bliss / CityLab:
Innisfil, Ontario, which in 2017 decided to subsidize Uber rides in lieu of a public bus system, has been forced to raise fares and cap rides as adoption grows  —  Innisfil, Ontario, decided to partially subsidize ride-hailing trips rather than pay for a public bus system.
Frank Chaparro / The Block:
Coinbase says CTO Balaji Srinivasan is leaving; source: Srinivasan was not given enough freedom and had differing visions for the future product roadmap  —  Cryptocurrency exchange Coinbase is parting ways with its CTO Balaji Srinivasan, who joined the firm as part of one of its largest acquisitions, The Block has learned.
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 …
Nellie Bowles / New York Times:
Jack Dorsey has emerged as a lifestyle guru in Silicon Valley, raising demand for near-infrared saunas, meditation retreats, cryotherapy spas, and fasting tools  —  The Twitter chief executive is tech's foremost manfluencer, guiding his followers toward optimum cognitive performance.  Or, at least, hunger.
Alex Kantrowitz / BuzzFeed News:
Facebook is taking the same self-assured approach to safety that it has with products, but it is strange to see the company be so proud of cleaning its own mess  —  Watch enough Facebook product rollouts, and you'll notice a certain consistency.  The presentation is always polished …

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More News

Andy Greenberg / Wired:
Catalin Cimpanu / ZDNet:
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Earlier Picks

Todd Spangler / Variety:
Catalin Cimpanu / ZDNet: