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May 10, 2019, 1:10 PM
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| 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.
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Reuters, New York Times, CNBC, TechCrunch, GeekWire, Reuters, Bloomberg, VentureBeat, New York Times, Axios, Engadget, Reuters, BuzzFeed News, New York Times, Wall Street Journal, Bloomberg, Crunchbase News, and New York Times
Tweets: @ryangraves, @stevejang, @dkhos, @lam_barrett, @neilcybart, @neilcybart, @emilychangtv, @lexnfx, @reuters, @tferriss, @joshk, @business, @scottmaustin, @pt, @susanthesquark, @rolfewinkler, @pkedrosky, @pkedrosky, @stevekovach, @stevekovach, @eliotwb, @obrien, @emilychangtv, @lexnfx, @shiraovide, @danprimack, @danprimack, @tonyromm, @amir, @mikeisaac, and @msquinn
| 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.
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Business Wire, Bloomberg, Reuters, Business Insider, The Guardian, and Bloomberg
Tweets: @daveleebbc, @madhavchanchani, @mattrosoff, @markmilian, and @dee_bosa
| 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.
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The Verge, Slate, New York Times, Business Insider, CNET, CNBC, PYMNTS.com, and Vox
Tweets: @kevinroose and @caseynewton
| Matt Rosoff / CNBC: |
Facebook isn't a monopoly in advertising, so breaking it up would be illogical and ineffective; it would also be expensive and discouraging to entrepreneurs — - Facebook co-founder Chris Hughes argues in an op-ed for The New York Times on Thursday that Facebook should be broken up under antitrust laws.
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| Chris Hughes / New York Times: |
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Tweets: @ewarren, @benedictevans, @oliviasolon, @chrishughes, @zephyrteachout, @alexstamos, @pinboard, @anandwrites, @sensanders, @daphnehk, @mmasnick, @kevin2kelly, @karaswisher, @jonrussell, @tomgara, @cwarzel, @charliebeckett, @antoniogm, @antoniogm, @antoniogm, @sunraysunray, @ow, @caseynewton, @cwarzel, @kurtwagner8, @mjb_sf, @marietjeschaake, @carnage4life, @davidklion, @edmundlee, @kimmaicutler, @towcenter, @caseynewton, @alexeheath, @carnage4life, @carnage4life, @mims, @elyssemorgan, @dougsaunders, @cnn, @karaswisher, @zephyrteachout, @donie, @ow, @elipariser, @kelseymsutton, @mscott, @nycjim, @elipariser, and @justinhendrix
| 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 … | Zack Whittaker / TechCrunch: |
Researchers say flaws in a popular GPS tracker, used with elderly or kids, can reveal real-time location and remotely activate its microphone, suggest recall — A popular GPS tracker — used as a panic alarm for elderly patients, to monitor kids, and track vehicles — contains security flaws …
Tweets: @zackwhittaker, @zackwhittaker, and @seldo
| 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 … | 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.
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CoinDesk, iAfrikan, Crypto Daily, CryptoGlobe, TechCrunch, Cointelegraph, The Block, and Attack of the 50 Foot …
Tweets: @thecryptolark, @binance, and @icodrops
| Steven J. Vaughan-Nichols / ZDNet: |
Google says that all Chromebooks launched this year will be Linux-ready right out of the box — Google has announced that all new Chromebook devices will be Linux ready. — At Google I/O in Mountain View, Google quietly let slip that “all devices [Chromebook] launched this year will be Linux-ready right out of the box.”
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Dazeinfo, TechSpot, Wired, Digital Trends, and InfoWorld
| 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 …
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Vox, Firstpost Tech, Axios, Cheddar, Patently Apple, iPhone Hacks, and Computerworld
Tweets: @matt_cagle and @ranimolla
| 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 …
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9to5Mac
| Daniel Arkin / NBC News: |
Viacom says Pluto TV, its free ad-supported streaming service, has 16M MAU, up from 12M in Jan. when it was acquired, plans to launch in Latin America in 2019 — The service leans heavily on the television equivalent of comfort food: throwback sitcoms, vintage movies, reality shows and nature specials.| 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 … | Washington State Office of the Attorney General: |
Washington AG says Amazon has agreed to require sellers of kids' school supplies and jewelry to provide lab certification that their products are not toxic — AG investigation found some school supplies with more than 80 times legal limit of lead — SEATTLE — Attorney General Bob Ferguson …
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BBC, Engadget, CNET, Boing Boing, Bloomberg, The Seattle Times, and GeekWire
| Aditya Kalra / Reuters: |
Sources: India's antitrust watchdog has preliminarily found that Google abused the dominant position of Android and has ordered a full probe in April — NEW DELHI (Reuters) - India's antitrust watchdog has ordered an investigation into Alphabet Inc's unit Google for allegedly abusing …
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The Verge, Engadget, and TechCrunch
| 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 …
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BleepingComputer, Naked Security, and MediaNama
Tweets: @mayhemdayone, @prasanto, @digitaldutta, and @nixxin
Sponsor Posts
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The company building underwater drones for $50,000
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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