Techmeme
June 19, 2019, 1:35 AM

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 …
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 …
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
Makena Kelly / The Verge:
Chair of the House Financial Services Committee says Facebook should halt development of Libra until Congress investigates, calls on Facebook execs to testify  —  “Facebook is continuing its unchecked expansion and extending its reach into the lives of its users," Rep. Maxine Water said
Binance Info:
CoinDesk:
Josh Constine / TechCrunch:
The Keyword:
Google says it will help build 20K homes in the Bay Area over the next ten years by putting $1B toward the goal, repurposing some of its land as residential  —  As we work to build a more helpful Google, we know our responsibility to help starts at home.  For us, that means being a good neighbor …
Mary Jo Foley / ZDNet:
GitHub acquires code review company Pull Panda, makes subscriptions free for Pull Reminders and two other services but will discontinue enterprise subscriptions  —  Microsoft is buying Pull Panda and immediately making all subscriptions to its tools available for free in the GitHub Marketplace.
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.
Shara Tibken / CNET:
Sources: Samsung will launch the Galaxy Note 10 on August 7 at an Unpacked event in New York City  —  Samsung will show off its Galaxy Note 10 during a flashy Unpacked event on Aug. 7 at the Barclays Center in Brooklyn, according to people familiar with the company's plans.
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 …
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
Sarah Perez / TechCrunch:
YouTube unveils AR Beauty Try-On, which lets viewers virtually try on makeup while watching beauty tutorials, currently in testing, coming in summer  —  Makeup tutorials and reviews are some of the most popular content on YouTube, as they help people learn about new products as well as how to apply them.
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.
Anna Baydakova / CoinDesk:
Microsoft and Salesforce have joined the Hyperledger blockchain consortium, an umbrella project for various business blockchains run by the Linux Foundation  —  Two of the world's largest top-10 enterprise software companies by revenue have joined the Hyperledger blockchain consortium.

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