Techmeme
November 22, 2019, 9:15 PM

Top News

Queenie Wong / CNET:
Facebook built a now discontinued internal app, report says between 2015 and 2016, that let employees identify colleagues and friends via facial recognition  —  Facebook , which has been under fire because of privacy concerns, said Thursday it built an internal app that allowed employees …
BBC:
Russia has passed a law banning devices not pre-installed with Russian software starting July 2020; govt to create a list of devices and Russian apps involved  —  Russia has passed a law banning the sale of certain devices that are not pre-installed with Russian software.
Jon Fingas / Engadget:
FCC bans carriers from using federal subsidies to buy equipment from Huawei and ZTE, considers ordering subsidy recipients to replace current Chinese equipment  —  The FCC is acting on its vow to keep Chinese technology out of American wireless networks.  Commissioners have unanimously approved …
Shannon Liao / CNN:
Facebook says it has signed Jeremy Wang, aka Disguised Toast, a Twitch streamer with 1M+ followers, to Facebook Gaming, its live game streaming platform  —  New York (CNN)Facebook (FB) just nabbed a major player for its gaming platform as it continues to ramp up efforts to compete in the video game streaming wars.
Matthew Boyle / Bloomberg:
Walmart's Jet.com is shutting its fresh-food delivery business just a year after introducing the service in NYC; source: Jet was losing about $20 on every order  —  - Retailer will close warehouse, eliminating more than 200 jobs  — Jet's grocery service has struggled since its debut a year ago
Tom Metcalf / Bloomberg:
Travis Kalanick has sold ~$1.5B worth of Uber stock since a post-IPO lockup expired on Nov. 6; a Nov. 11 filing suggests Kalanick could offload his entire stake  —  - Uber co-founder has sold more than half his stake in November  — Stake in ride-hailing company is now a minority of his fortune
Jane Lanhee Lee / Reuters:
Filing: outside the US and China, Airbnb had $2.42B in revenue in 2018, up 35%+ YoY, and $46.47M in profits, compared to a $97.22M loss in 2017  —  (Reuters) - Airbnb's business excluding the United States and China turned a net profit of $46.47 million in 2018 compared with a loss …

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