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:
5 Simple steps to help you automate mundane tasks  —  Instead of taking on a complex work process automation project, look for technologies that empower users to automate their own processes.
TWiT.tv:
Your first podcast of the week is the last word in tech  —  Tech expert Leo Laporte and top pundits cover the latest tech news, innovations, gear, and pitfalls.  Subscribe to This Week in Tech on your favorite podcatcher.
Zoho:
PSD2 Compliance in Zoho Books  —  The Revised Payment Services Directive, also known as the PSD2, is a set of regulatory guidelines laid down by the European Union (EU) for finance, banking, and payment service companies.
AWS Startups:
How Bustle Leverages AWS Lambda to Help Editorial Teams Scale  —  Bustle Media Group leverages AWS services to efficiently deploy content across its various brands.  Nita Sitaram, Senior Director of Product Management …
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Y Combinator's Michael Seibel, Ali Rowghani to reveal new YC top 100 list at Disrupt SF  —  CEO Michael Seibel will be joining us on stage at Disrupt SF this year, along with Ali Rowghani, the CEO of its Continuity growth fund …

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