Techmeme
May 16, 2020, 3:55 AM

Top News

Axios:
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round  —  Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
Owen Williams / OneZero :
Facebook's purchase of Giphy gives FB insight into how and where gifs are shared outside of its own apps, including device IDs and keystrokes in Giphy tools  —  GIPHY joins Facebook's data collection arsenal  —  Facebook announced on Friday that it will buy Giphy, a popular GIF search engine …
Wall Street Journal:
Sources: DOJ and state AGs are likely to bring antitrust lawsuits against Google as soon as this summer, focusing on its ad business and search dominance  —  Both the federal and state investigations are focused on Google's ad business  —  WASHINGTON—Both the Justice Department and a group …
Reuters:
US bans sales to Huawei of semiconductors and semiconductor designs made abroad using certain US software and technology  —  WASHINGTON (Reuters) - The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
Global Times:
China signals it is ready to retaliate for US' Huawei ban by launching investigations or imposing restrictions on companies like Qualcomm, Cisco, and Apple  —  China is ready to take a series of countermeasures against a US plan to block shipments of semiconductors to Chinese telecom firm Huawei …
Alex Konrad / Forbes:
Sources: Clubhouse raised a Series A round from a16z, which includes $10M in primary capital and at least $2M in secondary shares, at a $100M valuation  —  Clubhouse is a voice-based social media app with about 5,000 beta test users.  Prospective listeners have to sign up for a waitlist via Google form …
Stratechery:
Forcing Facebook and Google to pay for news could lead to uncritical reporting on tech; better approaches would tackle roots of media woes, including ad markets  —  Exponent — as promised! — will be back tomorrow, talking about podcasting, Spotify, and working from home.  —  On to the update:
Ben Lovejoy / 9to5Mac:
Netflix begins restoring full quality streaming in Europe; Apple TV+ restored 4K streaming in late April  —  Netflix is gradually lifting coronavirus-related streaming quality limits in Europe.  Netflix, Apple TV+, Amazon Prime Video has all complied with a European Commission request …

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Brightspot:
Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Sastrify:
SaaS Prices Are Going Up.  Here's Why (And What You Can Do about It)  —  From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
Zoho:
How a data integration platform should serve an organization at every stage of data maturity  —  This is a guest post by Dataddo.  Companies generally adopt different types of data integration platforms …
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Tue. 01/31 - Weird Gaming News
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:55 AM ET, May 16, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Allegra Hobbs / Patreon:
Reuters:

Earlier Picks

Saheli Roy Choudhury / CNBC:
Kevin Roose / New York Times:
Kif Leswing / CNBC:
Wall Street Journal:
Sarah Frier / Bloomberg: