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June 18, 2019, 12:05 PM
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WeSmirchTop 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 …
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New York Times, AVC, VICE, Binance Info, The Guardian, Decrypt, TechCrunch, The Guardian, CoinDesk, Financial Times, New York Times, Android Police, Business Insider, Bloomberg, The Block, Wired, CNBC, MIT Technology Review, Bank Innovation, Forbes, Inquirer, Associated Press, Thurrott, Digital Trends, Silicon Valley Business …, Android Authority, New York Magazine, 9to5Mac, Financial Times, Modern Consensus, Hacker Noon, Blockonomi, Tehrani.com, iPhone in Canada Blog, Cointelegraph, ABC News, Coinspeaker, Tech.co, WinBuzzer, CNET, SlashGear, ALTCOIN MAGAZINE, PaymentsSource, Continuations, CoinGeek, Crowdfund Insider, Libra Association, Facebook, BGR India, Neowin, Gizmodo, Quartz, Engadget, BGR, Firstpost Tech, CoinDesk, Telecoms.com, Vox, Social Media Today, Wall Street Journal, BBC, Messari Crypto, WRAL TechWire, MSPoweruser, CryptoSlate, Silicon Republic, and Slashdot
Facebook: Mark Zuckerberg. Tweets: @davidmarcus, @cz_binance, @jerrybrito, @andrewyang, @lawmaster, @susanthesquark, @bobmcmillan, @kurtwagner8, @drbarnard, @scepticgeek, @shortformernie, @reshmasaujani, @ayyy_west, @dk_munro, @semil, @semil, @ryanavent, @reckless, @mdudas, @joshelman, @cz_binance, @khannib, @deanbarker, @kevinweil, @nxthompson, @anildash, @jilliancyork, @alexhern, @beautyon_, @ow, and @franticnews
| 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 …
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Financial Times, Business Insider, Android Authority, Bloomberg, Andreessen Horowitz, Quartz, CoinDesk, Deadline, Fortune, Coinspeaker, The Block, hypebot, and The Next Web
Tweets: @fintechfrank, @bascule, @matthew_d_green, @wongmjane, @joshconstine, @joshconstine, and @bopinion. Thanks:@joshconstine
| 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.
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The Next Web, CoinDesk, Financial Times, The Block, The Information, and ZDNet
| 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 …
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The Verge, Mashable, Jameson Lopp, Business Insider, VentureBeat, Pocket-lint, Tech in Asia, CNBC, Bitcoinist.com, Financial Times, Mashable, Telegraph, CryptoGlobe, The Block, The Next Web, Engadget, PaymentsSource, Yahoo Finance, Axios, The Block, ALTCOIN MAGAZINE, and Chepicap.com
Tweets: @reckless, @mathewi, @sarahjeong, @mdudas, and @tracyalloway
| 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| 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.| Jeff John Roberts / Fortune: |
Ripple to take a 8-10% stake in the money transfer service MoneyGram, which will use the digital currency XRP as part of its day-to-day operations — Cryptocurrency company Ripple on Monday announced a major partnership with MoneyGram, which will see the money transfer service use …
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Ripple, Wall Street Journal, Axios, Trustnodes, BitcoinExchangeGuide, The Block, InsideBitcoins.com, CoinGeek, Crypto Briefing, Modern Consensus, Blockonomi, CryptoGlobe, Coinspeaker, NewsBTC, Bitcoinist.com, SiliconANGLE, Micky, SludgeFeed, PYMNTS.com, CoinDesk, Ethereum World News, and CryptoSlate
Tweets: @seldo, @tr401, @wsj, @jenwieczner, @exarpee, @xrp_canada, @rhhackett, @timicoin, @jeffjohnroberts, and @kenwattana
| 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 …
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The Verge, TechCrunch, XDA Developers, VentureBeat, Android Authority, 9to5Google, Android Police, Digital Trends, and CNET. Tweets: @lanceulanoff
| Bloomberg: |
YouTube Kids, intended as a haven from the dangers of the main YouTube site, is used by just 20M+ people a week, compared to the main site's 2B+ monthly users — There's a safer version of YouTube, but the company knows most children don't watch it — In late May, the advocacy group …
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The Next Web, Fortune, TechSpot, and CNN
Tweets: @sarahintampa, @benpershing, @timcast, @mikaelthalen, @sohmer, @panzer, @martinsfp, @evanmpeck, @mollymckew, @zeynep, @lucas_shaw, and @alistairmbarr
| Danny Crichton / TechCrunch: |
NewtonX, which connects companies with subject matter experts, raises $12M Series A led by Two Sigma Ventures — Knowledge is the fuel of business. Every decision requires a full understanding of the data underlying it, and that means reaching out not only to an organization's own staff for insight … | 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 …
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TOP500 Supercomputer Sites, Beyond Search, and KrASIA
Tweets: @hpc_guru, @profmatsuoka, and @hpc_guru
| Paul Sawers / VentureBeat: |
Amazon leases 15 more Boeing planes to expand its air cargo network by more than a quarter to 70 planes by 2021 — Amazon has announced plans to expand its air cargo network by more than a quarter to 70 planes by 2021, after signing a deal with GE Capital Aviation Services (GECAS) to lease 15 Boeing 737-800 aircraft.
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Amazon.com, Inc., Gizmodo, CNET, and TechCrunch
| Sarah Perez / TechCrunch: |
Apple adds support for Picture in Picture to tvOS 13 beta 2, letting Apple TV users watch two shows at once for content provided by Apple in the Apple TV app — Apple TV is getting a Picture-in-Picture mode that will allow users to stream two shows at the same time, TechCrunch has confirmed.
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9to5Mac, Digital Trends, PCMag, Apple Must, AppleInsider, Pocketnow, SlashGear, and Appleosophy. Tweets: @shiraovide
| Mike Butcher / TechCrunch: |
London-based Zego, which offers flexible insurance policies with pricing based on usage data from vehicles, raises $42M Series B led by Target Global — A couple of years ago London-based startup Zego realised gig-economy workers would need insurance, and went on to raise a very healthy £6 million … | Megan Rose Dickey / TechCrunch: |
A look at the state of diversity and inclusion in the US tech industry, and why new startups and VCs with inclusive-minded CEOs are critical for change — Where the industry needs to go from here — Silicon Valley is entering a new phase in its quest for diversity and inclusion in the technology industry.
Tweets: @amydiehl, @steven_aquino, @arlanwashere, and @triketora
| Dieter Bohn / The Verge: |
Google says Android users in UK and France can, later this month, opt in to RCS Chat services provided directly by Google instead of waiting for carrier support — That seems like yet another minor status check-in on the service meant to replace SMS, but in fact it's a huge shift in strategy …
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PCWorld, The Next Web, WinBuzzer, Future Networks, Gizchina, TalkAndroid.com, Inquirer, BetaNews, The Mac Observer, Fossbytes, Pocket-lint, Android Central, Engadget, Neowin, Android Police, Android Authority, XDA Developers, SlashGear, Droid Life, 9to5Google, and MSPoweruser
Tweets: @reckless, @mherrick66, @juberti, @ronamadeo, @mytechmusings, @thisistechtoday, @rdrv3, @rdrv3, @suka_hiroaki, @suka_hiroaki, @backlon, @backlon, @rdrv3, and @rdrv3
| Frederic Lardinois / TechCrunch: |
Optimizely, which offers tools for A/B testing and personalization on the web and in mobile apps, raises $50M Series D led by Goldman Sachs Private Capital — Optimizely, a platform that offers tools for A/B testing and personalization on the web and in mobile apps, today announced that it has raised a total of $105 million.
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VentureBeat and ZDNet
| Tony Romm / Washington Post: |
Robocalls are overwhelming hospitals, where every lost second affects patient treatment; Tufts Medical Center has registered 4,500+ robocalls in a 2-hour period — In the heart of Boston, Tufts Medical Center treats scores of health conditions, administering measles vaccines for children … | Hiroshi Murayama / Nikkei Asian Review: |
After a rush of openings, the unmanned convenience store boom across China has cooled since the start of 2018 due to falling sales after the novelty wore off — Companies that learn from closures could still win the future of retail — TOKYO — When Chinese tech companies started rushing …
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Financial Times
| FinSMEs: |
Token, an open banking and digital money platform that enables lower cost instant payments, raises $16.5M from Opera Tech Ventures, Octopus Ventures, others — Token, a San Francisco, CA- and London, UK-based open banking platform, raised $16.5m in funding.
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PYMNTS.com and Tech.eu
| Biswarup Gooptu / The Economic Times: |
India-based Razorpay, which helps businesses process and manage digital payments, raises $75M Series C at what sources say is a valuation of ~$450M — The company plans to use the proceeds on strengthening its two new business lines - neo-banking platform Razorpay X and its lending arm Razorpay Credit.
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DealStreetAsia and Tech in Asia
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