Techmeme
April 7, 2020, 10:20 PM

Top News

@jack:
Jack Dorsey says he's moving $1B of his Square equity, ~28% of his wealth, to Startsmall LLC to fund COVID-19 relief, to later focus on girls' health, education  —  I'm moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl's health and education, and UBI. It will operate transparently, all flows tracked here: https://docs.google.com/...
Ashley Carman / The Verge:
Facebook's experimental product unit debuts Tuned, an iOS app creating a “private space” for couples, letting them keep a photo diary, exchange notes, and more  —  Keep a photo diary and check in on each other's moods  —  First, Facebook launched a dating feature, and now …
Alex Hern / The Guardian:
WhatsApp now limits forwarding of viral messages, forwarded five or more times, to one group at a time, to fight the spread of misinformation  —  Restrictions on frequently forwarded messages intended to disrupt false Covid-19 claims  —  WhatsApp is to impose a strict new limit …
Alex Kantrowitz / BuzzFeed News:
Book excerpt: Apple's Information Systems & Technology group, which makes internal tools, operates in tumult, hampering its output and alienating contractors  —  Life in Apple's Information Systems & Technology division reminds some of a sweatshop.  An exclusive excerpt from Always Day One …
Sarah Frier / Bloomberg:
Book excerpt from Sarah Frier's No Filter covers how Mark Zuckerberg's jealousy held back Instagram and drove off founders, who gradually lost independence  —  Over the past decade, Instagram has become an engine of commerce and cultural influence with few peers—aside from its parent company …
Danny Crichton / TechCrunch:
WeWork sues SoftBank over alleged breach of contract and breach of fiduciary duty, a few days after SoftBank said it would not consummate its $3B tender offer  —  Just days after SoftBank announced that it would not consummate its $3 billion tender offer for WeWork shares that would have bought …
Karen Gilchrist / CNBC:
Profile of Min-Liang Tan, the co-founder and CEO of global gaming giant Razer, one of the few companies managing to thrive in the disrupted business landscape  —  When the #stayathome hashtag emerged on social media last month in response to governments successively announcing coronavirus containment measures, Min-Liang Tan was ready.
Sarah Perez / TechCrunch:
Sensor Tower: Quibi had more than 300,000 downloads on its launch day; heavily promoted in Apple's App Store, it reached #3 but just #29 on Google Play  —  Quibi, the oddly-named mobile streaming service founded by Jeffrey Katzenberg, was downloaded over 300,000 times on launch day …
Mary Ann Azevedo / Crunchbase News:
SoFi says it's acquiring Galileo, a Utah-based financial services API and payments platform, in $1.2B cash and stock deal; sources say Accel's return is 4x  —  Venture firm Accel has a pattern of investing in profitable, previously bootstrapped businesses.  Last November, it led 1Password's …
Dean Takahashi / VentureBeat:
Facebook Gaming launches Tournaments, a tool for organizing amateur esports tournaments, ahead of schedule due to the pandemic  —  Facebook Gaming is launching tournaments for esports amateurs today in early access across the globe.  In the era of social distancing, Facebook believes that game can bring us together.
NBC News:
Inside the global efforts to build a privacy-conscious COVID-19 tracking app, with experts contributing from the US, UK, Australia, Switzerland, and elsewhere  —  The hope is that smartphone tracking — combined with widespread testing — can help create a framework for cities to let people resume their lives.
Dan Primack / Axios:
Corporate catering marketplace ezCater, valued at $1.25B last year, lays off more than half of its 750-person workforce  —  ezCater, a Boston-based corporate catering startup valued last year at $1.25 billion, on Tuesday laid off more than half of its 750-person workforce, the company confirms to Axios.
Tom Warren / The Verge:
Microsoft expands xCloud beta registration to 11 European countries, rolling out the preview gradually to avoid overloading the internet  —  Microsoft is rolling out the preview gradually due to coronavirus internet impact concerns  —  Microsoft is starting to open up its xCloud game streaming beta to countries across Europe.
The Guardian:
Facebook says it will actively remove false claims that link COVID-19 to 5G and could lead to physical harm, but leaves its policy on other 5G theories unclear  —  Perfect storm of conditions helped nonsense theories about 5G and coronavirus to take hold  —  A year ago, hoax theories …
ProPublica:
Amazon's self-publishing arm gives white supremacists and neo-Nazis, often banned from other platforms, unprecedented access to a mainstream audience  —  ProPublica is a nonprofit newsroom that investigates abuses of power.  Sign up to receive our biggest stories as soon as they're published.
Lucas Matney / TechCrunch:
Mobile website builder Universe raises $10M Series A from GV as it moves into commerce and looks to compete with Shopify  —  A startup that has framed itself as an Instagram for websites is now squaring up against Shopify as it nabs new funding from Google's venture capital arm.

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Zoho:
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