Techmeme
May 11, 2019, 6:05 PM

Top News

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.
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.
Eric Newcomer / Bloomberg:
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 …
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 …
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 …
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 …
Jessica Romero / Facebook:
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.

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More News

Bernhard Warner / The Atlantic:

Earlier Picks

Simina Pasat / The GitHub Blog:
Christina Farr / CNBC: