Techmeme

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Nate Lanxon / Bloomberg:
Companies are scaling back and simplifying their ToS to comply with GDPR because users' consent would be legally invalid if they don't understand the agreement   —  Everyone from Uber to PayPal is facing a backlash against their impenetrable legalese.  —  Eleanor Margolis had used PayPal …
Apr 20, 2018, 2:35 AMIn context
Bloomberg:
Interview with Jeff Wilke, who runs Amazon's worldwide consumer division and has been Bezos' right-hand man for 18 years, on its usage of USPS and more   —  Retail chief Jeff Wilke talks about the company's AI ambitions and downplays Trump concerns.  —  Donald Trump has hammered Amazon.com …
Apr 19, 2018, 11:20 AMIn context
Bloomberg:
Sources: Qualcomm is cutting ~1,500 jobs, mostly in California, in an effort to cut costs by $1B; the company employs 34K people globally   —  Company to reduce California workforce by about 1,500  —  Management acting in response to shareholder pressure  —  Qualcomm Inc. has begun cutting …
Apr 19, 2018, 10:35 AMIn context
Bloomberg:
An investigation of data-mining company Palantir, cofounded by Peter Thiel, which works with government agencies and law enforcement to help track US citizens   —  Peter Thiel's data-mining company is using War on Terror tools to track American citizens.  The scary thing?  Palantir is desperate for new customers.
Apr 19, 2018, 9:15 AMIn context
Bloomberg:
Facebook is building a team to design its own AI chips, according to job listings and sources, joining a trend among tech giants to lower reliance on chipmakers   —  Social network could use semiconductors for consumer devices  —  Move follows Apple's chip efforts, early work by Google
Apr 19, 2018, 1:00 AMIn context
Bloomberg:
Uber confirms that Don Burnette, a co-founder of self-driving trucking startup Otto, has left Uber, making him the fourth and final Otto co-founder to leave   —  With the recent departure of Don Burnette, all four co-founders of driverless trucking company Otto have now left Uber Technologies Inc. …
Apr 18, 2018, 3:35 PMIn context
Mark Gurman / Bloomberg:
Source: ZTE exploring options for its phone operating systems after ban blocking US firms from selling to ZTE may prevent it from using Google's Android   —  Google's Android operating system powers ZTE phones globally  —  ZTE Corp. executives are evaluating software options …
Apr 17, 2018, 8:40 PMIn context
Bloomberg:
Sources: Apple plans to integrate recently acquired magazine app Texture into Apple News and debut its own premium news subscription service next year   —  Company integrating Texture purchase into Apple News offering  —  About 20 Texture staff were cut soon after Apple acquisition
Apr 17, 2018, 7:35 AMIn context
Yuji Nakamura / Bloomberg:
US-based Kraken, one of the longest-operating cryptocurrency exchanges, is ending its services in Japan by end of June, citing rising costs of doing business   —  Kraken, one of the longest-operating cryptocurrency exchanges in the world, will end its trading services for Japanese residents.
Apr 17, 2018, 2:50 AMIn context
Andrew Mayeda / Bloomberg:
Commerce Blocks China's ZTE From Exporting Technology From U.S.   —  ZTE made ‘false statements’ to the U.S: Commerce Department  —  Chinese firm pleaded guilty last year to sanctions law  —  The U.S. blocked Chinese telecommunications-gear maker ZTE Corp. from exporting sensitive technology from America …
Apr 16, 2018, 10:15 AMIn context

Sponsor Posts

Microsoft:
Helping a groundswell of citizen scientists aid the environment  —  See how Microsoft's AI for Earth program is partnering with iNaturalist to help amateur and expert scientists share data.
eero:
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