Techmeme
June 3, 2019, 8:25 AM

Top News

Financial Times:
CFTC says it is in very early talks with Facebook to understand if its upcoming cryptocurrency falls under the US regulator's jurisdiction  —  Facebook has begun talks with the top US derivatives regulator over its plans for a digital currency, in a sign of how the world's largest social media platform …
Tom Warren / The Verge:
YouTube, Snapchat, Gmail, Discord, and many other services were down throughout US during a major Google Cloud service outage, now resolved after 4+ hours  —  YouTube, Snapchat, Gmail, Nest, Discord, and a number of other web services suffered from major from outages in the US today.
Niraj Chokshi / New York Times:
Report: 52% of parents vs. 39% of teens said they spend too much time on their phones, up from 29% of parents and down from 61% of teens in 2016  —  The kids are all right.  But the parents?  —  Since 2016, adults have grown much more concerned about the time they spend on mobile devices …
Jon Russell / TechCrunch:
TaniGroup, which operates a B2B platform for Indonesian farmers to sell their produce direct to 400 SMBs that cater to 10,000 consumers, raises $10M Series A  —  In 2016, former World Bank analyst Eka Pamitra teamed up with five friends to start a business that would help farmers in their native Indonesia.
Anne Kauranen / Reuters:
Report: Finland-based IoT service company Uros says it had sales of €1.3B, up 171% YoY, and profits of €120M, up 845% YoY in 2018  —  HELSINKI (Reuters) - Finland's Uros, a little known Internet of Things services company, saw its sales soar 171% to 1.31 billion euros last year …
Meir Orbach / CTech - 24/7:
PE firms Francisco Partners and Israel Growth Partners to acquire LiveU, an Israel-based developer of live broadcasting and streaming tech, for $200M  —  LiveU develops live broadcasting and streaming technologies negating the need for an outside broadcasting van, as the video is transmitted directly …

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Benjamin Herold / Education Week:
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