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May 11, 2019, 8:15 PM
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| Nick Clegg / New York Times: |
Facebook responds to Chris Hughes, says it is not a monopoly and has robust competition in all areas it operates, reiterates its call for more regulation — Dismantling our company won't fix what's wrong with social media. — Mr. Clegg is Facebook's vice president for global affairs and communications.
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| Dan Primack / Axios: |
Uber's IPO got caught in a perfect storm of negative events on Friday, some of its own making, some, like Trump's China tariffs, outside its control — Uber's IPO stalled out yesterday, stunning both Silicon Valley and Wall Street. — Details: The ride-hail giant priced shares near the bottom of their range on Thursday night.| Lauren Feiner / CNBC: |
Uber closes down 7.6% on its first day of trading after raising $8.1B in its IPO, which valued the company at about $82.4B — - Uber debuted Friday on the New York Stock Exchange at $42 per share, trading under the symbol “UBER.” — Uber dropped 7.6% on its first day of trading on the New York Stock Exchange Friday.
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| Eric Newcomer / Bloomberg: |
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TechCrunch, Business Insider, The Guardian, TechSpot, Fortune, Reuters, and Bloomberg
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| Bryan Menegus / Gizmodo: |
Tech activists are protesting Palantir's work with ICE by mass flagging “issues” with the company's most popular GitHub repositories — Tech activists continue to organize and win across many of the industry's biggest firms—and increasingly the online spaces tech workers gather …
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Fast Company and Gist
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| Heather Somerville / Reuters: |
SEC approves the creation of the Long-Term Stock Exchange, or LTSE, a Silicon Valley-based national securities exchange proposed by Eric Ries — SAN FRANCISCO (Reuters) - U.S. regulators on Friday approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur …
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| Charlie Osborne / ZDNet: |
French telecom Orange to acquire Netherlands-based cybersecurity company SecureLink for €515M — The deal has been inked for over €500 million. — Orange has agreed to acquire SecureLink to tap into the growing enterprise cybersecurity market in Europe.
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orange.com, Financial Times, The Fast Mode, The Register, and FinSMEs
| Laura Hautala / CNET: |
A look at the eclectic, global data-hunting community, and the tools its members use to scour the internet for unsecured databases — Justin Paine sits in a pub in Oakland, California, searching the internet for your most sensitive data. It doesn't take him long to find a promising lead.| Catalin Cimpanu / ZDNet: |
Dutch Ministry of Justice and Security preemptively arrested some of its most high-risk suspects after a software update crashed hundreds of ankle monitors — Borked update prevents ankle monitors from sending data back to police control rooms. — A borked software update has crashed hundreds … | Manish Singh / TechCrunch: |
A look at the super app trend in India, where companies like Paytm, Ola, and Amazon are increasingly bundling a range of new services into their apps — Companies like Paytm and Amazon bundle other services to give users an all-in-one experience — Truecaller, an app that helps users screen strangers …
Tweets: @amitranjan, @sarthakgh, @alanmamedi, and @aakuvaish
| Eugene Kim / CNBC: |
Amazon has been mistakenly taking down ads with religious content, causing some sellers of religious products to lose sales — KEY POINTS — Amazon told some sellers that it is now blocking ads containing language about religion, after updating its ad policy.| Josh Constine / TechCrunch: |
In its lawsuit against Rankwave, Facebook alleges Rankwave misused Facebook data outside of the apps where it was collected and refused to comply with an audit — Facebook might have another Cambridge Analytica on its hands. In a late Friday news dump, — TechCrunch has attained a copy …
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Telegraph. Tweets: @gcluley, @joshconstine, @joshconstine, @lfdodds, @lfdodds, @lfdodds, @lfdodds, @lfdodds, @lfdodds, @lfdodds, @lfdodds, @lfdodds, @lfdodds, @gcluley, @joshconstine, and @joshconstine. Thanks:@joshconstine
| Jessica Romero / Facebook: |
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| Recorded Future: |
The dark web is tiny and unreliable: analysis of 55K onion domains on the Tor network finds only 8,400 had a live site, with many having poor up times — Click here to download the complete analysis as a PDF. — Key Findings — The collection of onion sites that is sometimes called …
Tweets: @webbreacher
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