Techmeme
September 12, 2019, 10:40 AM

Top News

Andrew J. Hawkins / The Verge:
Uber says drivers will remain contractors under AB5, as they aren't core to its business which serves as a platform for several types of digital marketplaces  —  The ride-hail company shrugs off a new bill in California, but legal challenges loom  —  Uber won't be reclassifying its drivers …
New York Times:
California passes landmark bill that requires gig economy workers to be treated as employees, going into effect Jan 1, affecting companies like Uber and Lyft  —  SACRAMENTO — California legislators approved a landmark bill on Tuesday that requires companies like Uber and Lyft to treat contract workers …
Salvador Rodriguez / CNBC:
Sources: Palmer Luckey's border surveillance tech startup Anduril Industries has raised a funding round at a $1B+ valuation from Andreessen Horowitz and others  —  KEY POINTS  — Anduril has secured a funding round with participation from Andreessen Horowitz that values the defense company at more than $1 billion.
Theodore Schleifer / Vox:
Sources: federal investigators, including the FBI, are probing the conduct and practices of Mithril Capital, the VC firm co-founded by Peter Thiel  —  Mithril Capital raised over $1 billion on the name of Thiel, one of Silicon Valley's biggest celebrities.  Now federal investigators are looking under the hood.
Alex Konrad / Forbes:
Profile of Daniel Dines, the CEO of robotic process automation company UiPath, which has 3,000+ employees around the world and generated $155M revenue in 2018  —  The man who at once epitomizes the hottest new growth area in tech and the burgeoning hopes for entrepreneurship in Eastern Europe twirls …
Nicole Lee / Engadget:
Hands-on with the HTC Vive Cosmos VR headset, which ships on October 3 for $699 with a trial subscription to Viveport Infinity, HTC's unlimited game service  —  In 2016, HTC revealed the Vive VR headset to the world.  In the years since, HTC has released several versions, like the Vive Pro …
Jordan Novet / CNBC:
Oracle says co-CEO Mark Hurd is taking a leave of absence for health reasons, releases its earnings a day early, reporting $9.2B in revenue, flat YoY  —  KEY POINTS  — Oracle's Mark Hurd, who was hired by founder Larry Ellison in 2010, is taking a leave of absence, the company said on Wednesday.
Simon Carraud / Reuters:
Google has agreed to pay a €500M fine in France to settle a fiscal fraud probe that began four years ago  —  PARIS (Reuters) - Google agreed to pay a 500 million euro ($548 million) fine in France to settle a fiscal fraud probe that began four years ago, the financial prosecutor's office said on Thursday.

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More News

Blake Montgomery / The Daily Beast:

Earlier Picks

Michael Potuck / 9to5Mac:
Tom Warren / The Verge:
Michael Potuck / 9to5Mac:
Devindra Hardawar / Engadget: