Techmeme: PayPal rolls out its e-commerce platform, used by Instagram Checkout and Facebook Marketplace, to all, with services like fraud protection and authentication (Kate Rooney/CNBC)

Top News

Researchers find YouTube's recommendation algorithm is curating home movies of unwitting families into a catalog sexualizing children — Christiane C. didn't think anything of it when her 10-year-old daughter and a friend uploaded a video of themselves playing in a backyard pool.

More: The Verge, Marketing Land, NBC News, YouTube Blog, Variety, The Wrap, and Boing Boing

Tweets: @max_fisher, @max_fisher, @max_fisher, @bmorrissey, @slpng_giants, @max_fisher, @max_fisher, @mhbergen, @annemariebridy, @bernstein, @zeynep, @briannawu, @zeynep, @ashleyesqueda, @_cingraham, and @_cingraham

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Apple:

Live stream of Apple's WWDC 2019 keynote — From the San Jose Convention Center.

More: Forbes, The Verge, Gizmodo, CNET, AppleInsider, Voicebot, Deadline, Quartz, MacDailyNews, iPhone in Canada Blog, TechSpot, The Next Web, ZDNet, TechCrunch, MACお宝 …, and WRAL TechWire

Chance Miller / 9to5Mac:

Apple has updated its Apple Developer Program License Agreement with new references to “iPadOS”, breaking iPad out of the “iOS” branding — We're less than an hour away from WWDC 2019, where Apple is expected to unveil major enhancements to the iPad.

More: TechnoBuffalo and iPhone in Canada Blog

Tweets: @martinsfp, @stevestreza, and @horwitz

The Verge:

Live blog of Apple's WWDC 2019 keynote from San Jose, where iOS 13, macOS 10.15, and perhaps the Mac Pro are expected be announced — This year is going to be a big one — Apple's annual Worldwide Developers Conference (WWDC) is here again, and we're live from the ground in San Jose, California.

More: New York Times, TechCrunch, Michael Tsai, MacDailyNews, and iMore. Tweets: @backlon

Wall Street Journal:

Sources: FTC secured the rights to begin a anti-trust probe of Facebook as part of an agreement that let DOJ lead a Google probe; Facebook stock drops 7%+ — Federal Trade Commission secures right to examine how Facebook's practices affect digital competition — This is a developing story and will be updated shortly.

More: Slashdot and Seeking Alpha

Tweets: @samharrelson, @lisaabramowicz1, @mayazi, @dmccabe, and @shiraovide

Josh Constine / TechCrunch:

Facebook introduces Avatars, its Bitmoji competitor, launching the look-alike stickers feature today in Australia for use in Messenger and News Feed comments — Stickers that look like you — Ditch those generic emoji. Facebook's new Avatars feature lets you customize a virtual lookalike …

More: The Verge and Engadget

Tweets: @joshconstine, @mattnavarra, and @joshconstine

Sarah Perez / TechCrunch:

Amazon says 10M+ items are now available for one-day shipping; while Walmart has also recently launched next-day shipping, only ~200K items are available for it — Amazon on its latest earnings call announced it was working towards making one-day shipping the new standard for Prime members.

More: CNET, Day One, GeekWire, and Seeking Alpha

Paul Sawers / VentureBeat:

Twitter acquires Fabula AI, which uses ML to help detect the spread of misinformation online, to join Twitter's in-house team of AI researchers called Cortex — Twitter has acquired Fabula AI, a London-based startup that uses machine learning (ML) to help detect the spread of misinformation online.

More: Twitter, Marketing Land, ZDNet, TechCrunch, and Neowin. Tweets: @twittereng

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Bloomberg:

Infineon to acquire Cypress Semiconductor for $23.85 per share, valuing the company at €9B, at about 33% premium to its Friday closing price of $17.82 — - The proposed acquisition values Cypress at about $10 billion — Semiconductor players are wrestling with slowing growth

More: Reuters, Infineon Technologies, Reuters, VentureBeat, Bloomberg, Telegraph, SiliconANGLE, Silicon Valley Business …, Wall Street Journal, EE Times, Fortune, and Seeking Alpha. Tweets: @infineon

PYMNTS.com:

Stripe launches Chargeback Protection, based on its fraud prevention tool Radar, which automatically reimburses businesses for the cost of a disputed charge — Stripe, the payments company, announced Monday (June 2) the launch of Chargeback Protection, a new service that provides customers with machine learning-based fraud protection.

More: Stripe, Irish Tech News, and SiliconANGLE

Sijia Jiang / Reuters:

Filing: Huawei is selling off its undersea telecom cable business, its first major asset sale since the US ratcheted up its accusations against the company — HONG KONG (Reuters) - Huawei Technologies Co Ltd plans to sell its undersea telecom cable business, showed a buyer's filing on Monday …

More: South China Morning Post, The Register, KrASIA, Financial Times, Bloomberg, Axios, and The Verge. Tweets: @eolander

Kate Rooney / CNBC:

PayPal rolls out its e-commerce platform, used by Instagram Checkout and Facebook Marketplace, to all, with services like fraud protection and authentication — KEY POINTS — The payments giant announced the launch of the"PayPal Commerce Platform" Monday, an e-commerce system …

More: PayPal, ZDNet, PYMNTS.com, Crowdfund Insider, MarketWatch, and Datanami

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 …

More: Wall Street Journal, TechSpot, Common Sense Media, Axios, TechRadar.com, Thrive Global, New York Post, Telegraph, MarketWatch, Quartz, CNET, EdSource, and Common Sense Media

Tweets: @jessica_smetana, @adamsinger, @pfagell, and @wsj

Nicholas Megaw / Financial Times:

eBay partners with Spanish bank Santander to offer loans to more than 200,000 SMBs on its platform in UK via Asto, the bank's business bookkeeping app — Santander and eBay have agreed a lending partnership for small businesses as the two groups attempt to combat competition from tech giants and newer digital rivals.

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