Techmeme
May 16, 2019, 2:25 PM

Top News

Makena Kelly / The Verge:
White House launches tool to solicit information from people who had social media accounts suspended or banned and who suspect political bias behind the actions  —  'If you suspect political bias caused such an action to be taken against you, share your story with President Trump'
Thomas Brewster / Forbes:
Europol and FBI arrest the leader and ten members of the GozNym criminal network, who broke into 44K computers and tried to steal ~$100M  —  Paying money and buying online concept, couple doing internet shopping with computer, customers making secure payment on laptop via e-banking service, close up view of hand holding credit card
Ingrid Lunden / TechCrunch:
Instagram is shutting down Instagram Direct, its standalone direct messaging app that it was testing to rival Snapchat, on iOS and Android  —  As Facebook pushes ahead with its strategy to consolidate more of the backend of its various apps on to a single platform, it's also doing a little simplifying and housekeeping.
Washington Post:
Trump issues order blocking US companies from doing business with information and communications technology companies owned or controlled by a foreign adversary  —  Amid a deepening trade war with China, President Trump on Wednesday declared a “national emergency” to protect U.S. communications networks …
Dan Seifert / The Verge:
Google clarifies Works with Nest shutdown, says connections will continue to work beyond Aug. 31 until they are replicated in new Works with Assistant program  —  Works with Nest moves from fully dead to on life support  —  Google has issued a response to the criticisms of its recent announcement …
Nat Levy / GeekWire:
Amazon upgrades its $50 Fire 7 tablet with faster processor, doubled storage, and hands-free activation of Alexa, available for pre-order now, shipping June 6  —  Amazon today unveiled the next generation of its Fire 7 tablet and Fire 7 Kids Edition, speeding up the devices and adding more storage and features.
Jeremy Horwitz / VentureBeat:
Sprint says it will begin offering 5G in Atlanta, Dallas, Houston, and Kansas City on May 31, with preorders for LG's V50 ThinQ 5G starting tomorrow  —  Having previously set general targets for its initial launch of 5G services and devices in the United States, Sprint says today …
Jordan Novet / CNBC:
Cisco reports Q3 revenue of $12.96B, up ~4% YoY as its profits rose 13% YoY to $3B; stock is up 7+%  —  KEY POINTS  —  Cisco's Chairman and CEO Chuck Robbins speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles in Paris on May 24, 2018.
New York Times:
Sources describe Uber's IPO process and the setbacks that led Uber's $120B pre-IPO valuation floated by bankers to fall to its current market cap of $69B  —  Last September, Uber's top executives were pitched by some of Wall Street's biggest banks, Morgan Stanley and Goldman Sachs.
Anthony Ha / TechCrunch:
TodayTix, a mobile ticketing startup for affordable theater tickets, raises $73M led by PE firm Great Hill Partners, bringing its total raised to $90M  —  TodayTix, a mobile ticketing company that makes it easy and relatively affordable to go to Broadway shows and other live performances …
More: FinSMEs and PE Hub Blog
Larry Cermak / The Block:
Sources: Coinbase is in advanced talks to acquire the Bitcoin custody provider Xapo for around $50M  —  - Coinbase is in advanced talks to buy custody provider Xapo for ~$50 million plus an earn-out in order to boost its custody business, sources tell The Block
More: AxiosThanks:@dogetoshi
Jon Fingas / Engadget:
SanDisk introduces the first 1TB microSD card, for $450  —  Have you been salivating at the thought of stuffing a 1TB microSD card into your phone?  You can finally act on that impulse.  SanDisk has made the record-setting Extreme card available both through its own store and (when it's in stock) …
CNBC:
Nimble Pharmacy, a startup that raised $60M from Sequoia, Khosla Ventures, and others, pivots to become an “Instacart” for independent pharmacies  —  Nimble, a venture capital-backed start-up, wants to help thousands of independent pharmacies go digital.
Gené Teare / Crunchbase News:
Q&A with Ted Wang, a partner at micro VC fund Cowboy Ventures, founded by Aileen Lee, on risk rewards of seed rounds, changes since its first fund, and more  —  For our most recent Seed Series we are talking with Ted Wang, the second partner at Cowboy Ventures, a micro VC fund based in Silicon Valley founded by Aileen Lee.

Sponsor Posts

Smartsheet:
Three Key Technology Trends Transforming the Public Sector  —  To respond to citizen demand for 24/7 digital information services and provide other services and programs that support constituents, governments must take advantage of new technologies.
TWiT.tv:
Tech Podcasts from Every Angle  —  TWiT.tv covers the latest in news, privacy, hacking, security, plus reviews of smartphones, laptops, tablets, and wearables.  If it has a chip, Leo Laporte and friends have a podcast on it.
Zoho:
Introducing Zoho Cliq's new integration with Zoho Projects  —  Everything starts as an idea—the next big thing your team wants to build, a feature addition to your product, designing a website, or constructing a building.
Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Techmeme Leaderboards:
Find out who the top reporters are in 40 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.

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