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June 20, 2019, 7:30 PM
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| Lauren Feiner / CNBC: |
Slack closes at $38.62, up 48.5% from its $26 reference price, on its first day of trading, valuing the company at about $20B — KEY POINTS — Slack surged 48.5% in its first day of trading on the New York Stock Exchange. It opened at a share price of $38.50, above the $26 reference price set by the exchange.
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Tweets: @lesliepicker, @lv_anderson, @eringriffith, @scottw_grizzle, @business, @aaronklein, @annehelen, @stewart, @danprimack, @donaldrichard, @mgsiegler, @nytimes, @hunterwalk, @ashleymayer, @ow, @sallyshin, @eddyelfenbein, @levie, @can, @benbajarin, @hansonohaver, @stevekovach, @slackhq, @scottmaustin, @wsj, and @cheddar
| Alex Konrad / Forbes: |
Slack's IPO is a boon for several high profile tech CEOs, including Jeff Weiner and Biz Stone, who made early angel investments, and saw returns of up to 1,600x — Even by Silicon Valley standards, Slack CEO Stewart Butterfield is a master of fundraising. The cofounder of tech's buzziest …
Tweets: @teddyschleifer, @alexrkonrad, @tomaxwell, @alexrkonrad, @alexrkonrad, and @n_sportelli
| Chance Miller / 9to5Mac: |
Apple launches a voluntary recall and replacement program for 15" MacBook Pro units sold between September 2015 and February 2017 due to battery safety concerns — Apple today said that it is launching a voluntary recall and replacement program for the 15-inch MacBook Pro.
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Official Apple Support, Apple, AnandTech, BetaNews, USA Today, Ars Technica, The Register, TIME, CNBC, CNN, Wired, Digital Trends, Telegraph, 512 Pixels, The Verge, Gizmodo, Komando.com, Newser, InvestorPlace, Reuters, iDownloadBlog.com, VentureBeat, SlashGear, iPhone Hacks, Business Insider, CNET, Softpedia News, and TechCrunch
Tweets: @crshoverride, @markgurman, @98codes, @kylebaker, @horwitz, @markgurman, @reckless, and @reckless
| Chance Miller / 9to5Mac: |
Apple says in a letter to US trade representative that tariffs on its products would make it less competitive and reduce its contribution to the US economy — Amid trade tensions between the United States and China, Apple this week sent a letter to United States Trade Representative Robert Lighthizer.
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CNBC, Bloomberg, The Verge, Financial Times, PCWorld, iPhone Hacks, VentureBeat, MacRumors, CNET, Variety, MacDailyNews, and iPhone in Canada Blog
Tweets: @carlquintanilla, @kifleswing, @stevekopack, @tim, @tim, and @tim
| Wall Street Journal: |
Sources: Apple is asking suppliers to study feasibility of shifting final assembly of some products out of China amid trade tensions — iPhone maker is asking suppliers to study moving final assembly of some products out of the country — Apple Inc. AAPL -.29% is asking suppliers …
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Nikkei Asian Review, Motley Fool, CNBC, Fortune, SiliconANGLE, iDownloadBlog.com, The Mac Observer, USA Today, Cult of Mac, Telecoms.com, Patently Apple, Politico, The Hill, Boing Boing, ZDNet, MacDailyNews, TechNode, Tom's Hardware, iPhone Hacks, Gizmodo, Patently Apple, Fortune, Forbes, iPhone in Canada Blog, Financial Times, and CNET
Tweets: @wsj, @s_rabinovitch, @connellmcshane, @omojuwa, @nickm4rro, and @baldingsworld
| JR Raphael / Computerworld: |
Google confirms it is getting out of the tablet business, canceling two unreleased smaller-sized tablets, but remains committed to Pixel phones and laptops — Here's an interesting little nugget of info to chew on: Google's decided to step away from its self-made tablets and focus instead on the laptop form.
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Business Insider, 9to5Google, AppleInsider, The Verge, Gizmodo, Android Police, TechCrunch, MacRumors, 9to5Google, GeekWire, Engadget, XDA Developers, Android Authority, Thurrott, PCWorld, CNET, Android Police, Mashable, Fortune, iDownloadBlog.com, Liliputing, Android Central, Droid Life, About Chromebooks, MSPoweruser, and TechnoBuffalo
Tweets: @rosterloh, @backlon, @tapbot_paul, @rosterloh, @edbott, @harrymccracken, @jasonhowell, @ow, @suka_hiroaki, @hallstephenj, @mdrndad, @backlon, @martinsfp, @tomwarren, and @backlon
| Hugh Son / CNBC: |
The CEO of online bank Current claims Facebook's Calibra subsidiary “ripped off” his company's logo; Facebook seems to have used the same design firm as Current — KEY POINTS — Facebook used the same San Francisco-based design firm for its crypto project unveiled this week …
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CNET, The Verge, Fortune, Bloomberg, and WeRSM
Tweets: @current, @stevekovach, @soppstu, @mattrosoff, @oliverbeige, and @bplewis. Thanks:@mattrosoff
| Wall Street Journal: |
A look at the proliferation of fake business listings and con artists on Google Maps, which experts estimate carries ~11M false listings on any given day — Millions of pushpins on Google Maps point to false business addresses created by firms pretending to be nearby
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Engadget, Fast Company, BGR, The Verge, and The Keyword
Tweets: @kammie_jenkins, @kevinrmadigan, @auren, @trippmickle, @eliotwb, @modestproposal1, @bobmcmillan, and @asharma. Thanks:@lutherlowe
| David Ingram / NBC News: |
Inside Facebook's new Strategic Response team, tasked with quickly reacting to geopolitical events, as it grapples with Facebook's role in Myanmar and elsewhere — The Strategic Response team's job is to find and help put in place concrete changes to Facebook's products that could prevent violence in conflict-torn countries.
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CNBC. Tweets: @caseynewton, @david_ingram, @rmac18, @learmonth, @david_ingram, @wentword, @david_ingram, @david_ingram, @stevekopack, @danieljkelley, and @david_ingram
| Alan Ohnsman / Forbes: |
Waymo partners with Renault and Nissan to explore creating driverless mobility services in France and Japan — Waymo, Alphabet Inc.'s self-driving vehicle unit, is preparing to expand the scope of its autonomous tech efforts beyond the U.S. in a new partnership with the Renault-Nissan Alliance aimed …
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Waymo, The Alliance, TechCrunch, Digital Trends, The Verge, Engadget, Ars Technica, Reuters, 9to5Google, VentureBeat, and Financial Times. Tweets: @waymo
| Jon Porter / The Verge: |
Signify, formerly Philips Lighting, which makes Hue-branded smart lights, announces new Li-Fi lights called Truelifi with data transfer speeds of up to 150 Mbps — Signify's Truelifi can be retrofitted into existing Philips lights — Signify, the company formerly known as Philips Lighting … | Hamza Shaban / Washington Post: |
Pew survey of US adults: 66% say social networks should police offensive content but 69% have little to no confidence they will correctly identify such content — Most Americans believe social media companies have a responsibility to remove offensive content from their platforms.
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New York Times, Pew Research Center, Tubefilter, and GamesIndustry.biz
Tweets: @senmarkey and @nytimesbusiness
| Hayley Peterson / Business Insider: |
Walmart says it is now using AI-powered cameras in more than 1,000 stores to prevent theft at checkouts, in a program internally called Missed Scan Detection — - Walmart is using computer vision technology to monitor checkouts and deter potential theft and other causes of shrink in more than 1,000 stores …
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Business Insider and The Verge
| Tony Romm / Washington Post: |
Bipartisan group of House lawmakers introduce Stopping Bad Robocalls Act to outlaw a wide array of robocall practices and increase government penalties — House lawmakers on Thursday announced a new bipartisan compromise on a bill to combat robocalls, a proposal that Democrats and Republicans hope …
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AppleInsider, Democrats …, and Engadget
Tweets: @senmarkey, @frankpallone, @tonyromm, and @frankpallone
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