Techmeme
May 13, 2019, 9:30 PM

Top News

Tucker Higgins / CNBC:
US Supreme Court rules against Apple, allowing iPhone users to sue the company for alleged App Store monopolization; Apple stock closes down 5.8%  —  KEY POINTS  — The Supreme Court, ruling 5-4, allows iPhone users to pursue their antitrust lawsuit against Apple in a case involving …
Noah Feldman / Bloomberg:
Lily Hay Newman / Wired:
Kurt Wagner / Bloomberg:
Facebook raises pay for content moderation contractors to $22/hr in SF, NYC, DC; $20/hr in Seattle; and $18/hr in other metros; says minimum wage is not enough  —  Social-media giant says current minimum wage isn't enough in expensive areas such as Silicon Valley
Jeffrey Dastin / Reuters:
Sources: Amazon has added machines that automate boxing up customer orders at a handful of warehouses; they pack ~700 boxes per hour, 4-5X the rate of a human  —  SAN FRANCISCO (Reuters) - Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.
Bloomberg:
Uber's CEO, in email to staff Monday, acknowledged the rocky trading debut, noting Facebook and Amazon's initial post-IPO difficulties; stock ends day down 10%+  —  Uber CEO Dara Khosrowshahi, in an email to staff Monday, acknowledged Uber's rocky trading debut, while at the same time saying …
Mehul Srivastava / Financial Times:
WhatsApp says flaw let attackers install NSO Group surveillance software on phones via the app's call function, issued server fix Friday and a patch on Monday  —  A vulnerability in the messaging app WhatsApp has allowed attackers to inject commercial Israeli spyware on to phones, the company and a spyware technology dealer said.
Jon Porter / The Verge:
Flexa launches Spedn app to let users pay for goods in physical stores with cryptocurrencies including bitcoin, ether, bitcoin cash, and the gemini dollar  —  Accepted at GameStop, Nordstrom, Whole Foods, and more  —  A new payment network called Flexa is launching today that'll let you spend cryptocurrencies in physical stores.
Chaim Gartenberg / The Verge:
Lenovo demos a prototype folding ThinkPad with a 13.3" 4:3 2K OLED display, plans to launch a finished device in H1 2020 as part of its ThinkPad X1 brand  —  Hands-on with Lenovo's foldable PC prototype  —  Folding phones are already being pitched as the next big wave of tech …
Leigh Cuen / CoinDesk:
Microsoft launches ION, an open source decentralized identity tool on bitcoin blockchain; source: ION to shift from bitcoin's testnet to mainnet later this year  —  Microsoft is launching the first decentralized infrastructure implementation by a major tech company that is built directly on the bitcoin blockchain.
Benjamin Mayo / 9to5Mac:
VP of Apple Pay debuts a new iPhone NFC feature: tags that trigger Apple Pay purchases when tapped without needing a special app; Bird is a launch partner  —  Apple's VP of Apple Pay Jennifer Bailey today announced a new NFC feature for iPhone: special tags that trigger Apple Pay purchases when tapped …
Juli Clover / MacRumors:
Elad Gil / Elad Blog:
As online markets have grown 10X in the last two decades, more $1B-$10B+ software startups will exist, and startups can grow faster than ever  —  Over the last few years the number of people and businesses online has ballooned.  Spend on the Internet has grown rapidly as you can now reach billions …
Ingrid Lunden / TechCrunch:
MailChimp to launch a marketing platform for SMBs and introduce four-tiered pricing, says it now has 11M customers and is on track for $700M in revenue in 2019  —  Mailchimp, a bootstrapped startup out of Atlanta, Georgia, is known best as a popular tool for organizations to manage …
Michael Sheetz / CNBC:
Slack updates financials, estimates revenue of $133.8M to $134.8M for the quarter ending April 30, up from $80.9M YoY, and a net loss of $39M, up from $26.3M  —  KEY POINTS  — The company brought in estimated revenue of about $134 million, with a net loss of around $39 million, for the three months ending April 30.

Sponsor Posts

Smartsheet:
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TWiT.tv:
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Zoho:
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AWS Startups:
Shaping Your Startup Culture to Thrive  —  Our panel of experts at our AWS Loft in New York, including folks from Buzzfeed, Enigma, and Value Culture, discuss why culture is vital to any startup that wants to survive past its early days.
Google Fi:
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TechCrunch Disrupt SF:
Clearbanc co-founder and president Michele Romanow is coming to Disrupt SF  —  Raising venture capital isn't easy; for some, it's impossible.  Clearbanc offers startups a fundraising alternative …
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.

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Earlier Picks

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