Techmeme
May 24, 2019, 6:55 PM

Top News

Szu Ping Chan / BBC:
Sources: Facebook is planning to launch its own cryptocurrency and a digital payments system in about a dozen countries by Q1 2020  —  Facebook is finalising plans to launch its own crypto-currency next year.  —  It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020.
iFixit:
Brian Krebs / Krebs on Security:
First American Financial's site exposed 885M files that included bank account numbers, mortgage and tax records, SSNs, wire transactions, drivers license pics  —  The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. [NYSE:FAF] leaked hundreds of millions …
Tom Warren / The Verge:
Microsoft's xCloud game streaming service, in testing among its employees, can stream 3,500+ Xbox games without developers making any changes to their titles  —  Still no date for public trials  —  Microsoft is revealing some of the more finer details about its upcoming xCloud game streaming service today.
Alan Boyle / GeekWire:
SpaceX successfully launches first batch of 60 Starlink satellites of nearly 11,000 planned into a low orbit above Earth to provide global internet connectivity  —  After two postponements, a SpaceX Falcon 9 rocket executed a mission that dealt out 60 Starlink broadband data satellites into low Earth orbit.
Todd Spangler / Variety:
Source: Snap in talks to license the catalogs of Sony Music, Universal Music, and Warner Music, which will allow Snapchat users to include songs in their posts  —  Snap wants to up Snapchat's music game.  —  The company has been in negotiations with music companies including the big three …
Bryan Menegus / Gizmodo:
Facebook decides to let the misleading Nancy Pelosi video remain on its platform indefinitely, but with a fact check, says it will limit the video's reach  —  Nancy Pelosi, the 79-year-old speaker of the House of Representatives, has been a frequent target for President Donald Trump and his political allies.
Drew Harwell / Washington Post:
Thomas Claburn / The Register:
Hacker breaches Perceptics, which makes license plate readers for cities and the US government, dumps internal files on the dark web; Perceptics confirms breach  —  Perceptics confirms intrusion and theft, stays quiet on details  —  Exclusive The maker of vehicle license plate readers used extensively …

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Earlier Picks

Aislinn Keely / The Block:
Ashley Carman / The Verge:
Biz Carson / Forbes:
Guy Rosen / Facebook:
Devin Coldewey / TechCrunch:
Matt Day / Bloomberg: