Techmeme
May 27, 2020, 11:20 AM

Top News

Elizabeth Dwoskin / Washington Post:
In a first, Twitter adds a “Get the facts” label to two Trump tweets with false claims about mail-in voting, which links to a Twitter Moment refuting his claims  —  The action comes after years of criticism that social media companies have allowed the president to push misinformation unchecked
Bloomberg:
After Twitter adds a label to his misleading tweets, Trump says Republicans will “strongly regulate” social media platforms or “close them down”  —  - Attack comes after Twitter fact-checked, labeled Trump tweet  — Tech companies have faced criticism from conservatives of bias
Ted Johnson / Deadline:
Jefferson Graham / USA Today:
HBO Max launches without Roku and Amazon, the two most popular streaming platforms  —  The latest new streaming service HBO Max bowed with unlimited access to every episode of “Friends,” “The Big Bang Theory” and “Game of Thrones.”  But if all you've got is a streaming player from Roku or Amazon, you won't be able to watch.
Nick Statt / The Verge:
Amazon sent a script and video to US TV stations promoting its safety measures; at least 11 stations aired some form of it, and 10 didn't divulge the source  —  Numerous news stations ran segments featuring identical Amazon talking points  —  Amazon has been successfully feeding talking points …
Ian Allison / CoinDesk:
Coinbase is acquiring Tagomi, a prime brokerage platform specializing in digital asset trading, to bolster its institutional trading business  —  San Francisco-based cryptocurrency exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading.
Wall Street Journal:
Sources: Amazon is in advanced talks to buy self-driving car startup Zoox; the deal will value Zoox at less than the $3.2B valuation it achieved in 2018  —  Deal expected to value Zoox at less than its last private valuation  —  Amazon. com Inc. is in advanced talks to buy Zoox Inc. in a move …
Chaim Gartenberg / The Verge:
Samsung unveils Samsung Money, a Samsung Pay-linked debit card program launching later this summer, in partnership with SoFi and Mastercard  —  Launching in partnership with SoFi and Mastercard  —  Samsung has announced further details for its upcoming debit card program …
Richard Nieva / CNET:
Sundar Pichai told employees Google plans to gradually reopen offices and is targeting July 6, at ~10% building capacity, increasing to ~30% by September  —  Google CEO Sundar Pichai told employees Tuesday that the search giant is targeting July 6 to reopen offices for workers who want to come back.
Bloomberg:
Sources: TikTok parent company ByteDance generated $17B+ in revenue and $3B+ in net profit in 2019, more than double its $7.4B revenue from 2018  —  TikTok parent-company ByteDance Ltd. generated more than $17 billion in revenue and more than $3 billion in net profit last year …
Morris Kiruga / Rest of World:
A look at OKash, a popular microcredit app in Kenya that threatens users to notify everyone on their contact list when they fall behind on loan payments  —  Okash, a popular fintech app in Kenya and Nigeria, threatens users to notify everyone on their contact list when you fall behind on your loan payments.
Kyle Wiggers / VentureBeat:
SmartRent, which provides smart home automation for property owners, developers, and residents, raises $60M Series C led by Spark Capital  —  SmartRent, which provides smart home automation for property owners, managers, developers, and residents, today announced that it has raised $60 million.
More: FinSMEs and VentureBeat
Frederic Lardinois / TechCrunch:
Kentik, which offers an enterprise network intelligence service, raises $23.5M led by Vistara Capital Partners, bringing total raised to $61.7M  —  Kentik, the company once known as CloudHelix, today announced that it has raised a $23.5 million growth funding round led by Vistara Capital Partners …
More: FinSMEs and Tech News
Wall Street Journal:
Sources: major advertisers on Quibi, including PepsiCo and Walmart, are seeking to defer payments as Quibi aims to cut costs after last month's lackluster debut  —  Some major advertisers have asked to defer their payments or revise their billing schedules  —  Streaming service Quibi …
Dennis Schaal / Skift:
Expedia shuts down a short-term rental business it created after acquiring Pillow and ApartmentJet in 2018  —  As part of its reorganization efforts, Expedia Group is winding down its multifamily building short-term rental business that it began with the 2018

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