Techmeme
July 22, 2019, 5:15 PM

Top News

Kyle Wiggers / VentureBeat:
Microsoft says it will invest $1B in OpenAI, beginning a partnership to jointly develop new AI technologies for the Azure cloud platform  —  Microsoft today announced that it would invest $1 billion in OpenAI, the San Francisco-based AI research firm cofounded by CTO Greg Brockman …
Washington Post:
Leaked documents show Huawei secretly helped North Korea build its wireless 3G network, raising the question of whether it violated US export controls  —  Huawei Technologies Co., the Chinese tech giant embroiled in President Trump's trade war with China and blacklisted as a national security threat …
Stacy Cowley / New York Times:
Equifax will pay at least $650M and potentially significantly more to end an array of state, federal, and consumer claims over the 2017 data breach  —  The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims …
Kate Clark / TechCrunch:
Free stock trading app Robinhood raises $323M at $7.6B valuation  —  Robinhood, the popular free stock trading app, this morning announced a massive $323 million round led by DST Global.  —  The Series E financing values the Menlo Park-headquartered business at $7.6 billion, up from its Series D valuation of more than $5 billion.
Mark Gurman / Bloomberg:
Profile of Jeff Williams, Tim Cook's heir apparent as CEO, who is broadly regarded as a strong choice for the top job within Apple  —  Jeff Williams co-created the Apple Watch and runs the company's global operations.  Can he also handle design—and everything else?
Tony Romm / Washington Post:
Inside FTC's 16-month Facebook probe that ended in a $5B fine; sources: FTC initially considered imposing more direct liability for Zuckerberg and a bigger fine  —  Almost as soon as Joe Simons took his seat at a Senate hearing last November, he found himself under political siege.
Tom Warren / The Verge:
Slack updates its desktop app for Windows and macOS, which is still built on Electron, claims it now launches 33% faster and uses 50% less RAM than before  —  Slack's desktop app has been rebuilt for Windows and macOS  —  Slack is unveiling a new version of its desktop app for Windows …
Reuters:
Frenzied trading debut of STAR Market, China's Nasdaq-style board, added $44B in market cap across 25 companies, 16 of which more than doubled their IPO prices  —  SHANGHAI (Reuters) - Trading on China's new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday …
Derek Thompson / The Atlantic:
As matchmaking sites surpass friends and family for finding partners, the burden of finding a partner now rests solely on the individual and can be lonesome  —  My maternal grandparents met through mutual friends at a summer pool party in the suburbs of Detroit shortly after World War II.
Catalin Cimpanu / ZDNet:
Confiant: two Hong Kong-based firms have been responsible for malicious ads with 100M+ impressions in 2019, including many shown via Microsoft's Windows 10 apps  —  Security firm tracks down malvertiser who deployed malicious ads in Outlook, Microsoft games, and the Microsoft News app.
Leigh Cuen / CoinDesk:
Amid mounting regulatory pressures in the US, Circle says its Poloniex exchange will service non-US customers, ~70% of its users, out of a new Bermuda office  —  Due to mounting regulatory pressures in the United States, the crypto company Circle is moving the majority of its exchange operations offshore.
Megha Mandavia / The Economic Times:
ByteDance to set up a data center in India to store Indian user data locally, says its social app Helo has 50M MAUs and TikTok has 120M MAUs in the country  —  Several Parliamentarians, including Congress' Shashi Tharoor, BJD's Pinaki Misra and TDP's Jayadev Galla, have accused short-video app TikTok …
More: CNN

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More News

Timothy B. Lee / Ars Technica:

Earlier Picks

Emily Tate / EdSurge:
Frederic Lardinois / TechCrunch:
Benjamin Mayo / 9to5Mac: