Techmeme
October 22, 2019, 10:00 AM

Top News

CNBC:
Sources: SoftBank to take control of WeWork, spending $4B-$5B on new funding and existing shares in The We Company, valuing it between $7.5B and $8B  —  KEY POINTS  — Softbank to spend $4 billion to $5 billion on new equity, existing shares, sources say.
Nathaniel Gleicher / Facebook:
Facebook bans networks, three originating in Iran and one in Russia, running “inauthentic” accounts, Pages, and Groups misleading users in the US, Latin America  —  Today, we removed four separate networks of accounts, Pages and Groups for engaging in coordinated inauthentic behavior on Facebook and Instagram.
Facebook:
Facebook says it will more prominently label content that fact-checkers deem false on Facebook and Instagram, will ban ads suggesting voting is pointless  —  We have a responsibility to stop abuse and election interference on our platform.  That's why we've made significant investments since 2016 …
Joe Maring / Android Central:
The Pixel 4 and 4 XL support fast wireless charging on any Qi charger, unlike the Pixel 3, which needed Google's own Pixel Stand for fast charging  —  11W speeds seem to be supported on just about anything.  —  Updated October 22, 2019: So it turns out that the Pixel 4's wireless charging situation …
Dieter Bohn / The Verge:
Kyle Wiggers / VentureBeat:
Microsoft acquires Edmonton-based Mover to bolster its cloud migration solutions, just weeks after acquiring Movere, another cloud migration company  —  Microsoft today announced that it's acquired Mover, an Edmonton-based provider of admin-led and self-service cloud file migration offerings.
Bloomberg:
Sources: Adobe will preview Illustrator for iPad at its Max conference in November before launching it in 2020  —  - Company to announce plans at Max conference in early November  — Illustrator is key Adobe app for graphic design and drawing  —  Adobe Inc. has picked Illustrator …
Shelby Brown / CNET:
Devumi settles FTC charges that it sold fake followers and likes; cosmetics firm Sunday Riley also settles with FTC for allegedly posting fake online reviews  —  The Federal Trade Commission uncovered and stopped the misleading online marketing tactics of two different companies, it announced Monday.
vpnMentor:
Researchers find open database that leaked 179GB+ of customer, US govt, and military records from Autoclerk, a travel reservations system owned by Best Western  —  Led by Noam Rotem and Ran Locar, vpnMentor's research team discovered a breach in a database belonging to Autoclerk …
Emil Protalinski / VentureBeat:
Microsoft announces Secured-core PCs, which will come from many vendors like Dell and adhere to security best practices for better firmware attack protection  —  Microsoft today announced a new initiative to combat threats specifically targeted at the firmware level and data stored in memory: Secured-core PCs.
Ina Fried / Axios:
Google hires Javier Soltero, Acompli co-founder and former head of Microsoft Outlook, to run G Suite  —  In its bid to take on Microsoft Office, Google has hired someone who knows the product well: Former Outlook boss Javier Soltero.  —  Why it matters: Google and Microsoft are in a tough battle …
Andrew Nusca / Fortune:
A look at the revival in digital music sales, which have grown from $14.3B in 2014 to $18.1B in 2018, mainly thanks to paid streaming services like Spotify  —  Imagine, for a moment, that Taylor Swift was wrong.  The reigning queen of country-tinged pop shocked fans in 2014 by abruptly …
Sarah McBride / Bloomberg:
Instabase, which sells app making tools to enterprise, raises $105M Series B at a $1.05B valuation  —  Silicon Valley got another addition to its stable of unicorns on Monday: Instabase Inc. The business tools company said it has raised $105 million at a $1.05 billion valuation.

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Earlier Picks

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