Techmeme
July 20, 2019, 11:55 PM

Top News

Salvador Rodriguez / CNBC:
Profile of Calibra's head of strategy Morgan Beller, previously a partner at a16z, and the original driving force behind Facebook's push into cryptocurrency  —  KEY POINTS  — Morgan Beller is one of three people — all Facebook employees — listed as a co-creator of the proposed Libra digital currency …
Washington Post:
Sources: the FTC has finalized a multimillion dollar settlement with Google in an investigation into YouTube for violating federal data privacy laws for kids  —  The Federal Trade Commission has finalized a settlement with Google in its investigation into YouTube for violating federal kids …
AnnaMaria Andriotis / Wall Street Journal:
Sources: Equifax is nearing a ~$700M settlement to resolve federal and state probes and a national class-action lawsuit over the breach disclosed in Sept. 2017  —  Credit-reporting firm nears deal to settle investigations into 2017 hack that exposed millions of Americans' personal data
Andrew Liptak / The Verge:
Some publishers are demanding Audible to exclude their audiobooks from Captions, Audible's upcoming AI-powered transcriptions feature, citing copyright claims  —  Some are asking for their books to be withheld from the feature  —  Earlier this week, Audible revealed that it was working …
Song Jingli Mon / KrASIA:
CloudMinds, a cloud-based robotics company, files for a US IPO seeking to raise $500M, says it had revenues of $121M, up 529% YoY, and a $156.8M loss in 2018  —  Beijing-headquartered robot producer CloudMinds has filed with the US Securities and Exchange Commission for an initial public offering to raise up to USD 500 million.
David Z. Morris / Fortune:
Dust Identity, which covers objects with a diamond dust coating with a unique pattern to track them across complex supply chains, raises $10M Series A  —  Startup Dust Identity has raised $10 million in a series A funding round, led by Kleiner Perkins and including strategic investments …
More: TechCrunch
Eugene Kim / CNBC:
Amazon updates ToS for 3rd party sellers, will now give a 30-day notice and provide reasons for account suspensions, but sellers say changes don't go far enough  —  KEY POINTS  — Amazon updated its terms of service for third-party sellers this week, committing to give a 30-day notice and provide reasons for account suspensions.

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Earlier Picks

Dan Goodin / Ars Technica:
Shannon Vavra / CyberScoop:
Financial Times: