Techmeme
April 16, 2020, 12:40 PM

Top News

Sarah Krouse / Wall Street Journal:
Verizon says it will buy videoconferencing company Blue Jeans Network, source says for less than $500M  —  Acquisition comes as the coronavirus spurs unprecedented work-from-home arrangements  —  Verizon Communications Inc. has agreed to buy videoconferencing company Blue Jeans Network Inc. …
Bloomberg:
Sources: Apple is developing at least two over-ear wireless headphone variants, with swappable magnetic ear cups and headbands, to augment its AirPods business  —  - Over-ear headphones customizable via magnetic attachments  — Entering a category led by own Beats brand, Bose and Sony
Bloomberg:
Sources: Sony plans to limit its initial PlayStation 5 production run in its first year partly because it expects lower demand due to a higher launch price  —  - Console still on track for year-end launch despite Covid-19  — Biggest impact from virus so far seen on unveiling timeline
Sara Fischer / Axios:
Facebook will notify users who have liked, commented, or reacted to coronavirus misinformation and guide them to WHO resources  —  Facebook will begin informing people who have engaged with coronavirus misinformation on its main Facebook app, the company announced Thursday.
New York Times:
Libra scales back ambitions of launching a global currency and will now focus on creating a traditional payment network with coins tied to local currencies  —  After months of criticism, the cryptocurrency is moving ahead with significant revisions.  —  OAKLAND, Calif. …
Paul Sawers / VentureBeat:
Berlin-based Choco, which is developing a service to connect restaurants to the food supply chain, raises $30.2M led by Coatue Management at a $200M valuation  —  Choco, a company that's setting out to digitalize the global food system with a platform that connects restaurants to the supply chain …
Dan Primack / Axios:
Stripe adds $600M extension to its $250M Series G at a $36B valuation from existing investors, including a16z, GV, and Sequoia, in its largest funding to date  —  Digital payments platform Stripe has raised $600 million in new funding and is now valued at nearly $36 billion, co-founder and president John Collison tells Axios.
More: Stripe, CNBC, and Yahoo Finance
Natalia Drozdiak / Bloomberg:
EU issues guidelines to make COVID-19 contact tracing apps interoperable and says it will scrutinize Google and Apple's proposed APIs to ensure compatibility  —  - Bloc set common approach on tracking apps to exit lockdowns  — Apple, Google announced new contact-tracing tech last week
Mark Bergen / Bloomberg:
In an internal email, Sundar Pichai tells Alphabet employees that the company will slow the pace of hiring for the rest of 2020 as it re-evaluates investments  —  - Company is ‘recalibrating’ spending on data centers, servers  — Covid-19 crisis is affecting richest Silicon Valley businesses
Matt Day / Bloomberg:
In his annual letter to shareholders, Jeff Bezos outlined the steps Amazon is taking to curb the coronavirus, including regular testing for all staff globally  —  Amazon.com Inc. Chief Executive Officer Jeff Bezos said the online retail giant is developing Covid-19 testing capabilities …
Dieter Bohn / The Verge:
Apple announces a new iPhone SE with a 4.7" display, A13, Touch ID, 12MP camera with portrait mode, 64GB, 128GB, or 256GB storage from $399, shipping April 24  —  It looks like an iPhone 8, but it has more modern specs  —  Apple has officially announced the new iPhone SE …
Sebastiaan de With / Halide:
An in-depth analysis of the 2020 iPad Pro's cameras and the mechanism behind its lidar sensor, aided by a proof of concept app to show the sensor's potential  —  Two weeks ago, Apple dropped a new iPad Pro into our lives via their website.  One of its headline features?  A brand new camera array.
Sudip Kar-Gupta / Reuters:
Free Now, the ride-hailing service run by Daimler and BMW, announces a restructuring, with possible job cuts, and says it plans to merge with French app Kapten  —  PARIS (Reuters) - The ‘FREE NOW’ taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring …
More: TechCrunch
Paresh Dave / Reuters:
Google says Gmail business and education users can now directly take video calls on Meet, with a new Zoom-like layout, noise filtering, and more coming later  —  OAKLAND, California (Reuters) - Google will allow business and education users on Gmail.com to directly take calls …
More: 9to5GoogleThanks:@peard33
Ron Miller / TechCrunch:
Bridgecrew, which makes automated cloud security tools for engineers, raises $14M Series A led by Battery Ventures  —  In today's grim economic climate, companies are looking for ways to automate wherever they can.  Bridgecrew, an early-stage startup that makes automated cloud security tooling aimed …

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Earlier Picks

Katie Roof / Bloomberg:
Cory Weinberg / The Information:
Bloomberg: