Techmeme
August 1, 2019, 8:00 AM

Top News

New York Times:
Cisco to pay $8.6M to settle government claims for selling video surveillance tech with a security flaw, reported in 2008, to government agencies until 2013  —  WASHINGTON — Cisco Systems agreed on Wednesday to pay $8.6 million to settle claims that it sold video surveillance technology …
Varun Mishra / Counterpoint Research:
Analysis: in Q2 2019, global smartphone shipments declined 1% YoY, making it the 7th consecutive quarter of declining shipments; Samsung shipments grew 7.1% YoY  —  Overall smartphone shipment declined 1% in Q2 2019, making it the seventh consecutive quarter of declining shipments.
Joe Fitzgerald Rodriguez / The San Francisco Examiner:
Lyft has made its 1,000 e-bikes in San Francisco “unavailable to riders” following two reports of bikes catching fire  —  The flames appear to have originated from the battery  —  The battery of an electric Lyft bicycle appeared to catch fire Wednesday in the Lower Haight.
Laura Hazard Owen / Nieman Lab:
After 6 months of fact-checking for Facebook, Full Fact published 96 fact-checks, was paid ~$171k, wants Facebook to share more data with fact-checkers  —  In December 2016, Facebook enlisted a handful of U.S.-based news organizations (ABC News, Snopes, PolitiFact, FactCheck.org, and the AP) …
Madhumita Murgia / Financial Times:
With an estimated 420K CCTV cameras operating in the city, London has become a test bed for visual surveillance tech, including live facial recognition  —  On the last day of January, few of the shoppers and office workers who hurried through Romford town centre in east London …
Wall Street Journal:
Four major broadcast networks sue Locast, which is funded by AT&T, to try to stop it from freely retransmitting the signals of their local TV stations  —  CBS, ABC, NBCU and Fox say AT&T-funded Locast is retransmitting their signals without permission and in violation of copyright law
Ryan Browne / CNBC:
UK-based fintech startup Revolut launches commission-free US stock trading service, including the ability to buy fractions of shares  —  KEY POINTS  —  Revolut users will be able to buy a fraction of shares in U.S. companies through its trading platform.  —  British fintech firm Revolut …
More: TechCrunch and BloombergThanks:@ryan_browne_
Raymond Zhong / New York Times:
Trump's ongoing trade war with China has been a boon for Vietnam, as some tech companies, like Apple and Nintendo, consider shifting production there  —  Samsung already assembles half of its handsets in the country, which got a big lift from U.S. tariffs on Chinese goods.  Now Apple is homing in.

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More News

Rebecca Aydin / Business Insider:

Earlier Picks

Alex Heath / The Information:
Dan Seifert / The Verge:
Tim Ingham / Music Business Worldwide:
Cho Mu-Hyun / ZDNet:
Megan Scudellari / IEEE Spectrum:
Apple:
Emil Protalinski / VentureBeat: