Techmeme
May 5, 2019, 3:50 AM

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.
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 …
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.
Matthew Yglesias / Vox:
An overview of the debate over breaking up big tech and why antitrust might not be the best concept to address most issues people have with big tech companies  —  There's a pervasive feeling that the tech giants are too powerful ... but they're also really good for consumers.
Kyle Wiggers / VentureBeat:
Virginia-based DivvyCloud, which provides cloud infrastructure automation software, raises $19M, says its client base doubled in the past year to 20+ companies  —  DivvyCloud, an Arlington, Virginia-based company developing a cloud infrastructure automation platform, today announced …
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 …
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.

Sponsor Posts

Smartsheet:
Smartsheet makes Deloitte Fast 500 List  —  For the fifth year in a row, Smartsheet ranks on the list of the fastest-growing companies in North America.
Zoho:
12 apps to help retailers grow holiday season sales  —  From your store management to inventory shipment and checkout experience, a lot goes into the creation of a prosperous retail business.
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 why gamers should go with a processor that has high IPC and can hit the highest frequencies  —  Adding core count for core count's sake does not create a better gaming experience
Mattermost:
How is Mattermost different from Slack?  —  Learn why Mattermost is the #1 open source Slack alternative.

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More News

Nellie Bowles / New York Times:
Andy Greenberg / Wired:

Earlier Picks

Catalin Cimpanu / ZDNet:
Chris Zacharias:
Todd Spangler / Variety:
Catalin Cimpanu / ZDNet: