Techmeme
February 14, 2020, 3:50 PM

Top News

Makena Kelly / The Verge:
Facebook to allow influencers to produce sponsored content for US politicians and political campaigns, if the posts are clearly identified as paid partnerships  —  Bloomberg's bad memes might just be the beginning  —  Facebook will allow influencers to produce sponsored content …
Takashi Mochizuki / Bloomberg:
Sources: Sony PlayStation 5's manufacturing costs may be around $450 per unit due to scarce components  —  - May wait for Microsoft's Xbox group to make first pricing move  — New PlayStation VR headset also planned after PS5 launch  —  Scarce components have pushed the manufacturing costs …
Catalin Cimpanu / ZDNet:
DOJ has charged the owner of Helix, a dark web Bitcoin mixer service operating from 2014-2017, for allegedly laundering bitcoins worth $300M+ at the time  —  This is the first case the DOJ has brought against a Bitcoin mixer.  —  US authorities have arrested and charged an Ohio man for running a …
Andy Greenberg / Wired:
Behind Signal's push to go mainstream by adding features like iPad support, ephemeral images and video, downloadable customizable stickers, and emoji reactions  —  The encryption app is putting a $50 million infusion from WhatsApp cofounder Brian Acton to good use, building out features to help it go mainstream.
Benjamin Mullin / Wall Street Journal:
Sources: Google is in talks with publishers, mostly outside the US, about paying a licensing fee for content that would be in a premium news product  —  The search giant is in talks with some publishers about paying a fee for content that would be part of a premium news product
Catalin Cimpanu / ZDNet:
Google has removed 500+ malicious Chrome extensions from its Web Store, likely affecting millions of users, that were part of a long-running ad fraud network  —  A network of malicious Chrome extensions was injecting malicious ads in millions of Chrome installs.
Bloomberg Law:
California Supreme Court rules that Apple violated CA law by not paying employees at its stores for time spent on mandatory bag and iPhone searches  —  Listen  —  Apple Inc. violated California law when it failed to pay employees for time they spend waiting for mandatory bag and iPhone searches …
Liana Baker / Bloomberg:
Toast, a cloud-based restaurant management platform, raises $400M at a $4.9B valuation, says its revenue grew 109% in 2019  —  - Restaurant payment technology firm raises $400 million  — Toast's new valuation is up from $2.7 billion last year  —  Toast Inc., which makes point …

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