Techmeme
July 15, 2019, 8:30 AM

Top News

Dan Strumpf / Wall Street Journal:
Sources: Huawei plans hundreds of layoffs at Futurewei Technologies, its US R&D subsidiary, which employs about 850 people in research labs across the US  —  Cuts are expected to affect workers at U.S.-based R&D subsidiary Futurewei Technologies  —  Huawei Technologies Co …
Keiko Morris / Wall Street Journal:
Despite Amazon's NYC HQ2 retreat, tech giants like Google, Facebook, and even Amazon still seek to rent millions of square feet and employ thousands in New York  —  Facebook, Google, Uber and Amazon embrace Manhattan as an East Coast hub  —  Big technology companies are doubling …
Josh Kaplan / Slate:
A look at how surveillance is becoming more prevalent with almost nothing restricting how it is used, as automatic license plate reader software becomes cheaper  —  Cheap surveillance software is changing how landlords manage their tenants and what laws police can enforce.
Paul Sullivan / New York Times:
How a tax loophole lets tech workers and investors who obtained stock while a company was valued under $50M make millions on stock gains tax-free  —  When Kay Luo joined LinkedIn in 2006, she received a grant of shares with a value of 12 cents each.  The company went public in 2011 at $45 a share.
Lucas Matney / TechCrunch:
Real estate computer vision startup Matterport to acquire AI startup Arraiy, which automates special effects processing and has raised $13.9M  —  Real estate computer vision platform startup Matterport is set to acquire Arraiy, an AI startup aiming to automate special effects processing in film.
Zen Soo / South China Morning Post:
Chinese bike-sharing startup Hellobike is challenging Ofo and Mobike with a focus on smaller cities and a $145M joint venture for battery-swapping stations  —  Shanghai-based firm will offer a range of two-wheeler options, including bicycles as well as electric bikes and scooters Shanghai-based Hellobike …
More: TechCrunch

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Nilay Patel / The Verge: