Techmeme
February 27, 2020, 9:25 AM

Top News

Aaron Holmes / Business Insider:
Report: Rajeev Misra, head of the $100B Vision Fund, is accused of sabotaging other SoftBank execs for career advancement; Misra and SoftBank deny allegations  —  - Rajeev Misra, the head of SoftBank's $100 billion Vision Fund, is accused of overseeing a plan to lure SoftBank's then-president into a …
Lucas Matney / TechCrunch:
Reddit CEO Steve Huffman says TikTok is “fundamentally parasitic”, always listening, and its fingerprinting technology is “truly terrifying”  —  TikTok is one of the hottest social media platforms but the CEO of Reddit had some harsh words for the popular app …
Mark Gurman / Bloomberg:
At Apple's shareholder meeting, Tim Cook says Apple will open its online store in India this year, with physical stores in 2021, and addresses COVID-19 concerns  —  - CEO hints wearables sales $40 billion; equal to Marriott, Visa  — Company plans to open retail stores in India next year
Jordan Novet / CNBC:
Microsoft says it will likely miss its guidance for its More Personal Computing segment, which includes Windows, due to COVID-19's impact on its supply chain  —  Microsoft shares fell 2% on Wednesday after the company said it doesn't expect to meet the quarterly revenue guidance …
Sarah Perez / TechCrunch:
Online gaming platform Roblox raises $150M led by a16z's Late Stage Venture fund, reportedly at a $4B valuation; Roblox was valued at $2.5B+ as of last year  —  Online gaming platform Roblox, now home to 115 million largely Gen Z players per month, announced today it has raised $150 million …
Bloomberg:
Sources: Nokia is working with advisers to explore strategic options ranging from asset sales to mergers  —  - Company working with advisers to consider asset sales, mergers  — Equipment maker has cut outlook amid fierce competition  —  Nokia Oyj is exploring strategic options …
New York Times:
Several high-profile Instagram accounts switch to private to avoid scrutiny when posting sponsored content for Bloomberg's campaign  —  The Bloomberg campaign is putting out more memes on private Instagram accounts — and running faster than Facebook can keep up.
Casey Newton / The Verge:
Q&A with Steven Levy on his new book, “Facebook: The Inside Story”, Instagram, interviewing Facebook executives, and the company's future after Mark Zuckerberg  —  A Q&A with the author of one of our mostly hotly anticipated books of 2020  —  People kept having the idea …
Michelle Cheng / Quartz:
Uber Eats head Jason Droege steps down and is replaced by VP Pierre-Dimitri Gore-Coty as the company exits some markets amid growing competition  —  Jason Droege, the head of Uber's food-delivery business Uber Eats, will be leaving the company.  —  In a Feb. 25 regulatory filing …
Aaron Harris / Y Combinator:
YC shares learnings across 190 Series A rounds, providing a term sheet that's the “fairest one possible”, an extensive Series A Guide, and more  —  We started YC's Series A Program two years ago to fix a problem faced by every startup raising an A: VCs understand how Series A's work and founders do not.
Spencer Neale / Washington Examiner:
Ninth Circuit court affirms YouTube, as a private company, did not violate free speech rights when it tagged some of PragerU's videos as age-restricted in 2017  —  A top right-wing, nonprofit organization known for publishing conservative videos on YouTube has lost an appeal against Google, the owner of the video-sharing platform.
Denise Howard Long / OneZero :
Profile of Visible Figures, a support network founded in 2016 for black women startup founders that now has more than 100 members as it plots expansion  —  Started as a listserv, Visible Figures is a support network for Black women in tech  —  This article is part of Into the Valley …
Dan Goodin / Ars Technica:
Bug in Cypress and Broadcom Wi-Fi chips meant billions of devices, many now patched, were left open to eavesdropping; Apple, Amazon, and others were affected  —  Cypress and Broadcom chip bug bit iPhones, Macs, Android devices, Echoes, and more.  —  SAN FRANCISCO — Billions of devices …

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