Techmeme
June 14, 2019, 12:35 PM

Top News

Arjun Kharpal / CNBC:
Huawei delays launch of its foldable Mate X phone from June to September, says it is doing extra tests after Samsung's troubles with the Galaxy Fold  —  KEY POINTS  — The company had initially targeted a June launch, but a spokesperson told CNBC, that it was doing extra tests …
Wall Street Journal:
Sources: Facebook has signed up 12+ companies, including Visa, Mastercard, PayPal, and Uber, to back the cryptocurrency it plans to unveil next week  —  Visa, Mastercard, PayPal and Uber are among firms that will invest around $10 million each in consortium that will govern digital coin
Larry Cermak / The Block:
Binance announces that it will stop serving trading customers in the US from September; Binance gets ~15% of its traffic from US customers  —  Binance, the largest crypto-to-crypto exchange by volume, has announced that it will stop serving U.S. individual and corporate customers on its main platform, Binance.com.
Nikhilesh De / CoinDesk:
Binance says it is setting up a US trading platform in partnership with FinCEN-registered BAM Trading Services, but offers no timeline for its launch  —  Binance, the world's largest cryptocurrency exchange by volume, is launching a U.S. division.  —  The Malta-based company said Thursday …
CNBC:
Sources: Comcast and Charter agree to sell iPads and other Apple devices at a discount in iPhone deal; Comcast to pay for the cost of the discount  —  KEY POINTS  — Comcast and Charter agreed to sell thousands of Apple devices as part of a deal to offer the iPhone to customers for its mobile service.
Federico Viticci / MacStories:
Initial impressions of iPadOS: new multitasking features are powerful but will take time to get used to, and Safari's desktop-class browsing is impressive  —  When I published my Beyond the Tablet story a few weeks ago, I was optimistic we'd get a handful of iPad-related features and optimizations at WWDC.
Allen Day / Google Cloud Blog:
Google details how developers could use Chainlink to enable Ethereum smart contracts to communicate with BigQuery  —  Try GCP  —  Get $300 free credit to spend over 12 months.  —  Free Trial  —  Blockchains focus on mathematical effort to create a shared consensus.
Lauren Hirsch / CNBC:
Chewy, an online pet product retailer owned by PetSmart, opens up ~64% on its first day of trading after raising $1B in its IPO, and is now valued at ~$14.3B  —  KEY POINTS  — PetSmart acquired Chewy.com in 2017 for roughly $3 billion to add an online business to complement its store base, as trends shifted online.
Julia Alexander / The Verge:
At E3, console makers and game publishers, including Ubisoft, Microsoft, and Google, touted subscription services as they race to become the “Netflix for games”  —  The race to become “Netflix for Games” is on  —  With the first details coming out around the next Xbox and PlayStation …
Paresh Dave / Reuters:
Sources: in Karan Bhatia's first year as Google's policy lead, he's encouraged relationship building with governments, cut some contract lobbyists, and more  —  SAN FRANCISCO (Reuters) - Alphabet Inc's Google is trying to plug a surge of public scrutiny around the world by overhauling …
André Staltz:
Research: of the 58 most popular open source projects on funding platform Open Collective, 80%+ receive income below industry standards or the poverty threshold  —  Most people believe that open source sustainability is a difficult problem to solve.  As an open source developer myself …
Jonathan Shieber / TechCrunch:
Telegram says it faced a massive DDoS attack originating from China coinciding with protests in Hong Kong, where organizers used the app to evade surveillance  —  The popular encrypted messaging service Telegram is once again being hit with a distributed denial of service (DDoS) …
Isabelle Gustafson / Convenience Store Decisions:
Skupos, a data platform for convenience retail used by over 7,000 locations in the US, raises $26M Series B, bringing the total raised to $37M  —  Skupos works with more than 7,000 retail locations and has raised $37 million in venture capital to date.  —  Skupos announced it has raised $26 million …
Mary Loritz / EU-Startups:
Exporo, a Hamburg-based crowdfunding platform that allows anyone to invest in real estate projects, starting with as little as €500, raises €43M Series C  —  Exporo is Hamburg-based real estate crowdfunding platform that allows anyone to invest in real estate projects that were previously …

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