Techmeme
March 9, 2020, 11:15 PM

Top News

CNBC:
Twitter says Silver Lake will invest $1B as it enters into an agreement with Elliott Management to avoid ousting Dorsey and launches a $2B share buyback program  —  Twitter has reached a deal with investment firms Elliott Management and Silver Lake, the company announced Monday.
Ari Levy / CNBC:
Nasdaq closes down 7.29% and S&P 500 down 7.6% extending last week's selloff, with Apple plunging 7.9%, Microsoft 6.8%, Facebook 6.4%, and Amazon 5.3%  —  - Apple lost $100 billion in value on Monday, while Microsoft's market cap plunged by $83.6 billion
Maggie Fitzgerald / CNBC:
Robinhood says it's investigating the cause of its third major outage in two weeks, which affected equities, crypto, and options trading until late in the day  —  Free stock trading pioneer Robinhood is experiencing another major outage, keeping clients on the sidelines of a major day for stocks.
Craig Silverman / BuzzFeed News:
Investigation: popular analytics platform Sensor Tower has used VPN and ad-blocking apps on iOS and Android with 35M+ downloads to quietly collect data on users  —  Sensor Tower, a popular analytics platform for tech developers and investors, has been secretly collecting data from millions …
Connie Loizos / TechCrunch:
Sources: Sequoia is giving away $21M to Finix, a payments startup it recently funded, as it walks away from deal over alleged conflicts of interest with Stripe  —  In the world of venture capital, where trust between investors and founders is paramount to the success of both …
Aaron Gregg / Washington Post:
Judge's legal opinion unsealed Friday sided with Amazon in lawsuit over Trump's intervention in the JEDI contract process, saying Amazon's key argument is sound  —  A legal opinion unsealed Friday indicates what the ruling may be in a high-stakes lawsuit over the Pentagon's JEDI cloud
Benjamin Mayo / 9to5Mac:
Leaked code shows iPad Smart Keyboards with a trackpad are coming, alongside sophisticated mouse cursor support including multiple cursors and “right clicking”  —  According to code seen by 9to5Mac, Apple is set to roll out rich system-wide support for mouse cursors with iOS 14.
Zac Hall / 9to5Mac:
Todd Haselton / CNBC:
Apple now says it's OK to use disinfectant wipes to clean “nonporous surfaces of your Apple product, such as the display, keyboard, or other exterior surfaces”  —  - Apple now says it's OK to use Clorox Disinfecting Wipes and other disinfectants to clean your iPhone and other Apple gadgets.
Nicole Hong / New York Times:
Alleged Vault 7-leaker Joshua Schulte is convicted on making false statements to FBI and contempt of court, but jury hung on spying charges; mistrial declared  —  The judge declared a mistrial after jurors were deadlocked on whether Joshua Schulte stole classified documents to give to WikiLeaks.
Jeffrey Dastin / Reuters:
Amazon says it will start selling its cashier-less store tech used in Amazon Go, dubbed Just Walk Out, to other companies  —  (Reuters) - Amazon.com Inc (AMZN.O) on Monday is set to announce a new business line selling the technology behind its cashier-less convenience stores to other retailers, the company told Reuters.
Josh Taylor / The Guardian:
Australia's information commissioner sues Facebook for allegedly breaching the privacy of over 300,000 Australians caught up in the Cambridge Analytica scandal  —  Facebook alleged to have committed serious breaches with data collected by This is Your Digital Life app used by Cambridge Analytica for political profiling
New York Times:
Cat Zakrzewski / Washington Post:

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