Techmeme
June 18, 2019, 9:30 PM

Top News

Facebook:
Facebook announces plans to launch Libra, a new cryptocurrency, and Calibra, a newly formed Facebook subsidiary to oversee financial services for Libra  —  A New Digital Wallet for a New Digital Currency  —  Today we're sharing plans for Calibra, a newly formed Facebook subsidiary whose goal …
More: New York Times, Libra, The Block, The Guardian, New York Times, Andreessen Horowitz, TechCrunch, Engadget, Financial Times, The Information, AVC, Fortune, VICE, iMore, Bloomberg, NBC News, Decrypt, Digital Trends, CoinDesk, Wall Street Journal, MIT Technology Review, TIME, Continuations, Variety, The Register, Fast Company, Komando.com, Bloomberg, CNBC, Business Insider, The Daily Dot, CNET, Vanity Fair, Tehrani.com, Hacker Noon, SlashGear, KnowTechie, Tech.co, Digital Information World, NullTX, Computerworld, BetaKit, NewsBTC, LarrysWorld.com, BitcoinExchangeGuide, CryptoGlobe, Slate, Modern Consensus, USA Today, Blockonomi, WebProNews, WinBuzzer, iPhone in Canada Blog, CryptoSlate, Silicon Valley Business …, Nieman Lab, Gizmodo, PaymentsSource, CoinGeek, Android Police, Crowdfund Insider, Facebook, BGR India, Neowin, Forbes, Telecoms.com, and Social Media Today
Alastair Marsh / Bloomberg:
French Finance Minister calls on the Group of Seven central bank governors to review Facebook's Libra, citing concerns it may become a “sovereign currency”  —  - French finance chief says it can't be a ‘sovereign currency’  — Germany's Ferber sees Facebook becoming a shadow bank
Binance Info:
An in-depth first look at Facebook's new Libra cryptocurrency, due to be rolled out in the next 18 months, and its impact on the broader crypto ecosystem  —  On June 18th 2019, Facebook released details about Libra, a stable cryptocurrency backed by a basket of financial assets, which runs on its own blockchain.
CoinDesk:
Facebook announces an independent consortium, Libra Association, with 28 founding members including Visa, Mastercard, PayPal, Uber, Lyft, Coinbase, and others  —  You don't have to have a Facebook account to use Libra.  —  That's the hands-off approach the social media giant is working toward …
Josh Constine / TechCrunch:
Facebook says user Libra transaction data will not be shared with Facebook and will not be used for ad targeting or ranking users' News Feed  —  The use cases, technology, and motive behind the new digital money  —  Facebook has finally revealed the details of its cryptocurrency Libra …
Wired:
Inside Facebook's ambitious plan to make Libra accepted as a global currency, especially for those underserved by banks, despite Facebook's tarnished reputation  —  NEAR THE END of 2017, on a Dominican Republic beach with his family, Facebook executive David Marcus wrestled with a question …
Makena Kelly / The Verge:
Nick Statt / The Verge:
The Keyword:
Corinne Reichert / CNET:
In response to claims Google lifted lyrics from Genius, Google has asked its lyrics partner to investigate, will soon include 3rd-party attribution on lyrics  —  Google has responded to reports that it's stealing lyrics from Genius, explaining how it finds lyrics to show on its search pages.
Jon Porter / The Verge:
Apple adds a feature in iOS 13 beta 2 that tells users about ongoing subscriptions for apps they are about to delete  —  ‘Do you want to keep your subscription for this app?’  —  Apple has added a warning in iOS 13 beta 2 that appears when you try to uninstall an app which still has an active subscription.
Bloomberg:
Sources: Dish may make a $6B+ deal this week for T-Mobile and Sprint assets including spectrum and Sprint's Boost Mobile as the carriers try to get DOJ approval  —  - Deal for Boost brand, wireless spectrum could come this week  — Justice Department wants T-Mobile and Sprint to unload assets
Ingrid Lunden / TechCrunch:
Amazon's Twitch has acquired social networking platform Bebo, source says for $25M, to bolster its esports business  —  While Facebook makes a bold move into cryptocurrency to capitalise on its multi-billion user base, a social network that was once a credible competitor to it has quietly been snapped up by a subsidiary of Amazon.
Catalin Cimpanu / ZDNet:
Mozilla patches a Firefox zero-day exploit that was discovered by Google's Project Zero and Coinbase's security teams, and it says was being abused in the wild  —  Mozilla releases Firefox 67.0.3 to fix actively exploited zero-day.  —  The Mozilla team has released earlier today version 67..3 …
Biz Carson / Forbes:
CEO of parenting support app Cleo, which raised its $27.5M Series B in May, has resigned after it came to light that her resume contained falsehoods  —  On a Monday in April, Shannon Spanhake stood at the front of Cleo's office as her executive team lined up beside her.
Chris O'Brien / VentureBeat:
Paris-based Meero says it has raised $230M for its AI-driven photography platform, giving it a $1B+ valuation; it raised $45M in July and has raised $300M total  —  Paris-based Meero said today it has raised $230 million in venture capital for its AI-driven photography platform, pushing the company past a valuation of $1 billion.
More: Tech.eu

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