Techmeme
May 10, 2019, 12:45 PM

Top News

Lauren Feiner / CNBC:
Uber opens at $42 on its first day of trading after pricing its IPO at $45 and raising $8.1B at a valuation of about $82.4B  —  Uber began trading on the New York Stock Exchange Friday at $42 per share, below its IPO price of $45.  The stock was down as much as 8% toward the start of trading.
Eric Newcomer / Bloomberg:
Profile of Garrett Camp, the Uber co-founder who envisioned the idea of private cars for hire with an app and whose stake in Uber is now worth ~$3.7B  —  Garrett Camp envisioned cities full of private cars for hire with an app.  Travis Kalanick took it from there, and they both became wealthy beyond imagination.
Casey Newton / The Interface:
Chris Hughes' op-ed reflects a consensus among early Facebook executives that the company is too large, too powerful, and too deleterious to society's health  —  Thanks to everyone who wrote with warm wishes about jury duty.  Sadly, I was not called upon to serve my democracy.
Chris Hughes / New York Times:
U.S. Department of Justice:
US DoJ announces a China-based hacking group has been indicted for a series of computer intrusions including the 2015 Anthem hack which affected ~78.8M people  —  A federal grand jury returned an indictment unsealed today in Indianapolis, Indiana, charging a Chinese national as part …
Chris Velazco / Engadget:
Lyft is testing longer-term car rentals with a small group of customers in San Francisco  —  Between offering on-demand rides and peppering cities with electric scooters, Lyft has been pushing hard to minimize the need to actually own a car.  Now, the company is exploring yet another …
Lauren Goode / Wired:
Google is touting an increased focus on privacy and is making privacy settings slightly easier to find, but those settings remain very confusing for users  —  IT'S GOOGLE'S BIG privacy pivot, according to Google.  —  On Tuesday, The New York Times ran an op-ed about privacy written …
Binance:
Binance says it is significantly increasing its security, revamping its API, 2FA, and withdrawal validation, hopes to resume withdrawals and deposits next week  —  I would like to share some updates on the security incident.  We understand the situation is tough for our community.
Vlad Savov / The Verge:
Beats Powerbeats Pro review: very comfortable and steady in the ear with great battery life, rich sound, and good bass, but not very discreet outside the gym  —  Apple's workout headphones are so much more than just a gym accessory  —  Dr. Dre, the man who boasted about being the first billionaire …
More: 9to5Mac
Bob Diachenko / Security Discovery:
Over 274M records with personal identifiable info of Indian citizens exposed by unsecured MongoDB database, in what may be part of a massive scraping operation  —  On May 1st, I have discovered an unprotected and publicly indexed MongoDB database which contained 275,265,298 records …
Adi Robertson / The Verge:
The lead of Oculus VR, Hugo Barra, says he is taking a new role at Facebook “building a global AR/VR partner ecosystem”; Erick Tseng to take over Oculus  —  Hugo Barra, the former Xiaomi executive who has run Facebook's Oculus VR team since 2017, is changing roles in what looks like a larger shake-up in VR at Facebook.
Kyle Wiggers / VentureBeat:
Google says it will create a dedicated placement beneath the search bar for AMP Stories in mobile search results, starting with the travel category  —  At Google's annual I/O developer conference in San Francisco, the company gave an update on AMP Stories, an open source library …

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