Techmeme
September 30, 2019, 1:45 PM

Top News

Faiz Siddiqui / Washington Post:
A look at the fast declining morale at Uber amid budget cuts for basic amenities, mass layoffs, and a 30% decline in stock price since its IPO  —  Uber's CEO told staff: “We need to ship more quickly and operate more effectively and efficiently than we are today.”
Wall Street Journal:
Sources: House investigators asked Google about plans to implement DNS-over-HTTPS in Chrome; ISPs fear the protocol will prevent them from tracking user data  —  New standard could alter web's competitive landscape, cable and wireless companies say  —  Congressional antitrust investigators …
Catalin Cimpanu / ZDNet:
US Treasury goes after the planes and yacht of the founder of Russia's IRA troll farm, with new sanctions imposed for alleged meddling in 2018 midterm elections  —  US Treasury takes new approach to imposing sanctions on IRA's owner.  —  The US Treasury Department announced today the third set …
Fred Wilson / AVC:
A VC narrative that software-enabled companies like Uber should be valued at 10x+ revenue is falling apart but is still valid for startups with margins of 75%+  —  Dan Primack wrote in his friday newsletter: … While all of this is true, I think it is a lot simpler than that.
New York Times:
A look at how tech firms and government keep failing to curb the sharing of child sexual abuse images, long after the PROTECT our Children Act was passed in '08  —  Online predators create and share the illegal material, which is increasingly cloaked by technology.
Wall Street Journal:
Sources: Facebook is planning to pay only about a quarter of the 200 publishers that will be featured in its news tab, set to launch as soon as the end of Oct.  —  Social-media giant plans to pay about a quarter of news organizations whose content will be featured
Dave Michaels / Wall Street Journal:
Crypto exchanges including Coinbase, Kraken, Circle, and Bittrex form the Crypto Ratings Council to rate digital assets on whether they are securities  —  Businesses to score which assets can be traded without ire of regulators  —  The U.S.'s biggest cryptocurrency exchanges have developed …

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Geir Moulson / Associated Press:
Bloomberg: