Techmeme
June 18, 2019, 6:25 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: Libra, New York Times, The Block, The Guardian, New York Times, Wired, The Guardian, Andreessen Horowitz, USV Blog, Decrypt, Fortune, VICE, MIT Technology Review, Forbes, TIME, Financial Times, CoinDesk, The Register, CoinDesk, The Guardian, NBC News, Bloomberg, Wall Street Journal, Computerworld, Slate, Business Insider, Gizmodo, The Verge, Variety, The Daily Dot, Bloomberg, Financial Times, NullTX, NewsBTC, CircleID, Vanity Fair, CNBC, LarrysWorld.com, Digital Information World, WebProNews, USA Today, Vox, CoinGeek, Tehrani.com, Quartz, Hacker Noon, BGR India, SlashGear, Digital Trends, KnowTechie, BGR, Continuations, Firstpost Tech, Tech.co, BetaKit, Telecoms.com, BitcoinExchangeGuide, Crowdfund Insider, CryptoGlobe, Facebook, Social Media Today, Inquirer, Modern Consensus, ABC News, Blockonomi, WinBuzzer, Android Police, iPhone in Canada Blog, CryptoSlate, Silicon Valley Business …, Android Authority, MSPoweruser, Neowin, Nieman Lab, Thurrott, PaymentsSource, The Next Web, WRAL TechWire, Gizmodo, 9to5Mac, Silicon Republic, BBC, Coinspeaker, Messari Crypto, and Engadget
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
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 …
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 …
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.
Nick Statt / The Verge:
Facebook's Calibra subsidiary will launch a digital wallet for Libra, as a standalone iOS and Android app and within WhatsApp and Messenger  —  It's called Calibra, and it's a new subsidiary of Facebook the company is launching to build financial services and software on top of the Libra blockchain.
The Keyword:
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.
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.
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
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.
Jon Fingas / Engadget:
Palm opens preorders for an unlocked version of its tiny $350 3.2-inch smartphone with Snapdragon 435, expected to ship in the next six to eight weeks  —  As much as Palm's tiny phone has improved over the past several months, there's still been one glaring limitation: you've had to use it on Verizon …
Kyle Wiggers / VentureBeat:
Top500: China has 219 of the world's fastest supercomputers, with the US still lagging behind at 116; Lenovo edged out IBM and Cray as the top vendor  —  To kick off the festivities at the International Supercomputing Conference (ISC) in Frankfurt, Germany this morning, the Top500 …
Kyle Wiggers / VentureBeat:
Hazelcast, which is developing a speedy in-memory computing platform, raises $21M Series C led by new investor C5 Capital  —  Hazelcast, a seven-year-old Palo Alto, California-based startup developing a speedy in-memory computing platform, today announced that it's raised $21 million …
More: FinSMEs

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Jeff John Roberts / Fortune: