Techmeme (107)

Tether, a service that offers dollar-backed digital tokens, says tokens worth $30M were stolen by hackers and it has suspended its back-end wallet service

Stan Higgins / CoinDesk: Tether, a service that offers dollar-backed digital tokens, says tokens worth $30M were stolen by hackers and it has suspended its back-end wallet service  —  Tether, the company behind a dollar-pegged cryptocurrency widely used by in the market's exchange trade, ...

Colorado fines Uber $8.9M after investigation found Uber allowed drivers with suspended or revoked licenses and felony convictions

Tamara Chuang / Denver Post: Colorado fines Uber $8.9M after investigation found Uber allowed drivers with suspended or revoked licenses and felony convictions  —  Competitor Lyft also was investigated but no violations were found  —  Colorado regulators slapped Uber with an ...

State Bank of India, the country's largest lender, says it will roll out blockchain-enabled smart contracts in beta by next month

The Economic Times: State Bank of India, the country's largest lender, says it will roll out blockchain-enabled smart contracts in beta by next month  —  BENGALURU: India's largest lender State Bank of India will roll out beta launches of blockchain-enabled smart contracts by next month, ...

Inside one Amazon seller's fight with a rival who stole product images, allegedly initiated fake negative reviews, and spoofed customer service emails

Ari Levy / CNBC: Inside one Amazon seller's fight with a rival who stole product images, allegedly initiated fake negative reviews, and spoofed customer service emails  —  - Pure Daily Care had the top-selling facial steamer on Amazon before a rival began attacking its listing.  —  ...

DoJ files antitrust suit to block AT&T/DirecTV's $85B proposed acquisition of Time Warner, says merger would lessen competition, result in higher prices

CNBC: DoJ files antitrust suit to block AT&T/DirecTV's $85B proposed acquisition of Time Warner, says merger would lessen competition, result in higher prices  —  The Department of Justice is suing to block AT&T's $85 billion deal to buy Time Warner.  “Today's DOJ lawsuit is a ...

AWS launches AWS Secret Region for US intel agencies and their partners working with 'secret' classified data, to complement its air-gapped Top Secret Region

Frederic Lardinois / TechCrunch: AWS launches AWS Secret Region for US intel agencies and their partners working with “secret” classified data, to complement its air-gapped Top Secret Region  —  Amazon today announced that its AWS cloud computing service now offers a new region ...

AT&T Faces U.S. Antitrust Suit Over Time Warner Deal

Bloomberg: AT&T Faces U.S. Antitrust Suit Over Time Warner Deal  —  AT&T will face an antitrust suit over its Time Warner deal, Bloomberg News reports.  —  The Justice Department plans to brief media later today on a U.S. antitrust announcement, though didn't specify what the ...

PayPal announces product integrations with Acorns' personal finance and investment service, after leading its Series D round last year

Paul Sawers / VentureBeat: PayPal announces product integrations with Acorns' personal finance and investment service, after leading its Series D round last year  —  PayPal is better known as a digital payments service for buying things through eBay and a multitude of online and offline ...

Pixvana raises $14M Series A led by Vulcan Capital, with Microsoft and Cisco among investors participating, for its VR production platform SPIN Studio

Taylor Soper / GeekWire: Pixvana raises $14M Series A led by Vulcan Capital, with Microsoft and Cisco among investors participating, for its VR production platform SPIN Studio  —  What better way to pitch a virtual or augmented reality startup idea than to strap a bunch of headsets on ...

FanDuel CEO and co-founder Nigel Eccles is leaving to start an esports company

Kurt Wagner / Recode: FanDuel CEO and co-founder Nigel Eccles is leaving to start an esports company  —  FanDuel's board is getting an overhaul, too.  —  FanDuel CEO and co-founder Nigel Eccles is leaving the company and stepping down from its board, where he was chairman.  ...

Tencent becomes the first Chinese tech firm valued over $500B after its share price more than doubled in last 12 months

Jon Russell / TechCrunch: Tencent becomes the first Chinese tech firm valued over $500B after its share price more than doubled in last 12 months  —  Tencent has become the first Chinese company to be valued at more than $500 billion.  —  Shares of the 19-year-old company, ...

After a bug bounty hunter shared evidence with DJI that it had left customer data exposed online, the company called him a hacker and threatened him with CFAA

Sean Gallagher / Ars Technica: After a bug bounty hunter shared evidence with DJI that it had left customer data exposed online, the company called him a hacker and threatened him with CFAA  —  A bug bounty hunter shared evidence; DJI called him a hacker and threatened with CFAA.  —  ...

Health IQ, which uses an online quiz to screen customers with healthy lifestyles and offer them lower life insurance rates, raises $34.6M Series C led by a16z

Matt Marshall / VentureBeat: Health IQ, which uses an online quiz to screen customers with healthy lifestyles and offer them lower life insurance rates, raises $34.6M Series C led by a16z  —  Health IQ, a startup that collects data to let health-conscious people save an average of ...

Uber adds live location sharing of riders for drivers, expands Beacon program to NYC, San Francisco, and Chicago, and adds in-app Uber credit gifting

Uber Newsroom: Uber adds live location sharing of riders for drivers, expands Beacon program to NYC, San Francisco, and Chicago, and adds in-app Uber credit gifting  —  Share to FacebookShare to TwitterEmailMore sharing options  —  When the holiday season gets going, so do you.

Uber to buy up to 24K SUVs from Volvo equipped with autonomous technology in a non-exclusive deal from 2019 to 2021; Uber will add its own self-driving tech

Reuters: Uber to buy up to 24K SUVs from Volvo equipped with autonomous technology in a non-exclusive deal from 2019 to 2021; Uber will add its own self-driving tech  —  STOCKHOLM/SAN FRANCISCO - Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. ...

Uber to buy 24K SUVs from Volvo equipped with autonomous technology in a non-exclusive deal from 2019 to 2021; Uber will add its own self-driving technology

Reuters: Uber to buy 24K SUVs from Volvo equipped with autonomous technology in a non-exclusive deal from 2019 to 2021; Uber will add its own self-driving technology  —  STOCKHOLM/SAN FRANCISCO - Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. ...

OnePlus 5T review: outstanding combination of specs and design for $500, Oxygen OS is good, but no water resistance and no MicroSD card support

Ron Amadeo / Ars Technica: OnePlus 5T review: outstanding combination of specs and design for $500, Oxygen OS is good, but no water resistance and no MicroSD card support  —  OnePlus' $500 wonder makes us question why we'd ever pay $800 for a smartphone.  —  After ...

A look at PLATO, a 1960s-era networked platform of computers for education, a precursor to modern Internet concepts including forums and instant messaging

Ernie Smith / Motherboard: A look at PLATO, a 1960s-era networked platform of computers for education, a precursor to modern Internet concepts including forums and instant messaging  —  How the PLATO system, a pre-internet online platform that first came to life at the University of Illinois ...

Bangkok-based aCommerce, an e-commerce enabler that works with brands across a range of services, raises $65M Series B led by KKR-backed Emerald Media

Jon Russell / TechCrunch: Bangkok-based aCommerce, an e-commerce enabler that works with brands across a range of services, raises $65M Series B led by KKR-backed Emerald Media  —  Southeast Asia-based aCommerce, a startup that helps brands get into e-commerce and digital media in the ...

Xiaomi says it will invest up to $1B in 100 Indian startups over the next five years to create an ecosystem of apps around its smartphone brand

Mihir Dalal / Livemint: Xiaomi says it will invest up to $1B in 100 Indian startups over the next five years to create an ecosystem of apps around its smartphone brand  —  Xiaomi will invest $1 billion in 100 Indian startups over the next 5 years to create an ecosystem of apps around ...

Alibaba invests ~$2.9B for a 36% stake in Sun Art, which operates 446 hypermarkets across 224 cities in mainland China

Jon Russell / TechCrunch: Alibaba invests ~$2.9B for a 36% stake in Sun Art, which operates 446 hypermarkets across 224 cities in mainland China  —  Alibaba is continuing its expansion into offline retail after the Chinese e-commerce giant bought up more than one-third of one of Chinese ...

Though Steve Jurvetson hasn't faced public harassment allegations, he was asked to leave DFJ after firm caught him lying about personal misconduct, says source

Theodore Schleifer / Recode: Though Steve Jurvetson hasn't faced public harassment allegations, he was asked to leave DFJ after firm caught him lying about personal misconduct, says source  —  Jurvetson was asked to leave because DFJ caught him lying about what it considered serious ...

Sources: Marvell Technology has agreed to acquire Cavium for about $6B, as it seeks to expand in the networking equipment sector

Liana B. Baker / Reuters: Sources: Marvell Technology has agreed to acquire Cavium for about $6B, as it seeks to expand in the networking equipment sector  —  - Chipmaker Marvell Technology Group Ltd has agreed to acquire smaller peer Cavium Inc for around $6 billion …

Norwegian hacker Einar Otto Stangvik on how he exposed Childs Play, a dark web pedophile forum that was hosted by Australian Police as part of a sting operation

Daniel Mützel / Motherboard: Norwegian hacker Einar Otto Stangvik on how he exposed Childs Play, a dark web pedophile forum that was hosted by Australian Police as part of a sting operation  —  ByDaniel Mützeltranslated byDaniel Stächelin  —  Einar Otto Stangvik talks with us ...

Chinese certificate authority StartCom, which was blacklisted in Firefox, Chrome, Safari, and Edge for bad practices, to shut down and revoke all certs by 2020

Chris Duckett / ZDNet: Chinese certificate authority StartCom, which was blacklisted in Firefox, Chrome, Safari, and Edge for bad practices, to shut down and revoke all certs by 2020  —  Embattled Chinese certificate authority could not recover from blacklistings by browser makers.

How local Detroit non-profits are building infrastructure, mixing fiber and wireless, to deliver the Internet to underserved communities

Kaleigh Rogers / Motherboard: How local Detroit non-profits are building infrastructure, mixing fiber and wireless, to deliver the Internet to underserved communities  —  40 percent of Detroit residents don't have any access to internet at all.  —  Being stuck without access to the ...

Alibaba to Invest $2.9 Billion in Chinese Retail Megastore Operator

Juro Osawa / The Information: Alibaba to Invest $2.9 Billion in Chinese Retail Megastore Operator  —  Alibaba Group has agreed to invest about $2.9 billion in one of China's largest operators of retail megastores, according to a person familiar with the matter.  —  The ...

LinkedIn's China rival Maimai announces $75M Series C; iResearch says Maimai had 30M users as of April, while LinkedIn China claimed 32M users around that time

Rita Liao / TechNode: LinkedIn's China rival Maimai announces $75M Series C; iResearch says Maimai had 30M users as of April, while LinkedIn China claimed 32M users around that time  —  Maimai, LinkedIn's biggest China rival, just raised $75 million in its latest Series C round and ...

How Apple is redesigning the Genius Bar as 'Genius Grove' to ease strain on Geniuses, serve customers faster, and alleviate overcrowding in its stores

Kif Leswing / Business Insider: How Apple is redesigning the Genius Bar as “Genius Grove” to ease strain on Geniuses, serve customers faster, and alleviate overcrowding in its stores  —  - Apple stores have become overcrowded in recent years as the company has become more popular ...

A look at Online Performers Group, a talent-management company for professional video-game streamers on Twitch, many of whom earn over a million dollars a year

Taylor Clark / New Yorker: A look at Online Performers Group, a talent-management company for professional video-game streamers on Twitch, many of whom earn over a million dollars a year  —  For the stars of the streaming service Twitch, success means working around the clock.  —  ...

iMac Pro to feature A10 Fusion coprocessor, which could be used for always-on 'Hey Siri', BridgeOS 2.0 code from Apple shows

Chance Miller / 9to5Mac: iMac Pro to feature A10 Fusion coprocessor, which could be used for always-on “Hey Siri”, BridgeOS 2.0 code from Apple shows  —  Update: Leaked screens from BridgeOS confirm ‘Hey Siri’ for Mac … The HomePod may be delayed, but we have ...

Stitch Fix CEO Katrina Lake is the first woman to lead a US tech IPO this year; she built a profitable business with nearly $1B revenue in under 6 years

Jason Del Rey / Recode: Stitch Fix CEO Katrina Lake is the first woman to lead a US tech IPO this year; she built a profitable business with nearly $1B revenue in under 6 years  —  Founder and CEO Katrina Lake is the first woman to take an internet company public this year.  —  ...

Big tech's recent gaffes, on top of concerns over election interference, misinformation, and its unprecedented influence, further erode trust in the sector

Charlie Warzel / BuzzFeed: Big tech's recent gaffes, on top of concerns over election interference, misinformation, and its unprecedented influence, further erode trust in the sector  —  Mark Zuckerberg's virtual reality tour of Puerto Rico in October.  —  Facebook Live  —  ...

3+ years after the demise of Mt. Gox, its customers still haven't received a cent, as the failed Bitcoin exchange remains stuck in a morass of litigation

Reuters: 3+ years after the demise of Mt. Gox, its customers still haven't received a cent, as the failed Bitcoin exchange remains stuck in a morass of litigation  —  More than three years after the demise of the Mt. Gox exchange, its customers still haven't received a crypto cent.  Here's ...

Profile of Bryan Johnson, founder of Braintree and Kernel, a startup trying to develop algorithms and commercial neural prosthetics for enhancing human memory

John H. Richardson / Wired: Profile of Bryan Johnson, founder of Braintree and Kernel, a startup trying to develop algorithms and commercial neural prosthetics for enhancing human memory  —  IN AN ORDINARY hospital room in Los Angeles, a young woman named Lauren Dickerson waits for her ...

French startup Less, which pays drivers to use its navigation app where data is outdated, raises $19M Series A; the app will power Less' ride-sharing service

Romain Dillet / TechCrunch: French startup Less, which pays drivers to use its navigation app where data is outdated, raises $19M Series A; the app will power Less' ride-sharing service  —  Criteo has long been named as one of the most successful French startups, quickly reaching unicorn ...

Amazon Flex workers, who are self-employed 'last-mile' delivery drivers, describe the job and how the Uber-like Flex app coordinates deliveries

Bryan Menegus / Gizmodo: Amazon Flex workers, who are self-employed “last-mile” delivery drivers, describe the job and how the Uber-like Flex app coordinates deliveries  —  Who delivers Amazon orders?  Increasingly, it's plainclothes contractors with few labor protections, ...

Chinese online ticketing platform Maoyan raises ~$151M from Tencent, valuing the company at about $3B

Reuters: Chinese online ticketing platform Maoyan raises ~$151M from Tencent, valuing the company at about $3B  —  BEIJING - Maoyan, one of China's biggest online ticketing platforms, on Wednesday said it has secured 1 billion yuan in funding from internet giant Tencent Holdings Ltd ...

US Defense Department's Centcom found hosting at least 1.8B posts of scraped internet content from last 8 years on open AWS server

Mike Masnick / Techdirt: US Defense Department's Centcom found hosting at least 1.8B posts of scraped internet content from last 8 years on open AWS server  —  There are two big WTFs in this story.  First, the Defense Departments Central Command was collecting tons of data on social media ...

John Draper, aka Cap'n Crunch, who once hacked phone lines with Jobs and Wozniak, banned from conferences after reports of sexual misconduct towards young men

Kevin Collier / BuzzFeed: John Draper, aka Cap'n Crunch, who once hacked phone lines with Jobs and Wozniak, banned from conferences after reports of sexual misconduct towards young men  —  The claims against John Draper, better known as Cap'n Crunch, a pioneer hacker and an early associate ...

SailPoint, an identity and access management software provider for enterprises, closes up 8% on its first day of trading after raising $240M in IPO

Katie Roof / TechCrunch: SailPoint, an identity and access management software provider for enterprises, closes up 8% on its first day of trading after raising $240M in IPO  —  SailPoint, the enterprise identity solutions business, went up eight percent in its debut on the New York Stock ...

Yixin, a Chinese online car marketplace and financing provider, closed up 5%+ in its Hong Kong debut on Thursday, valued at $6.5B, after raising $870M in an IPO

South China Morning Post: Yixin, a Chinese online car marketplace and financing provider, closed up 5%+ in its Hong Kong debut on Thursday, valued at $6.5B, after raising $870M in an IPO  —  But the online car retailer's CEO believes Yixin's flotation can help Hong Kong achieve its ...

Online fashion retailer Stitch Fix closes up 1% on its first day of trading, after raising $120M in a downsized IPO

Katie Roof / TechCrunch: Online fashion retailer Stitch Fix closes up 1% on its first day of trading, after raising $120M in a downsized IPO  —  Stitch Fix went up just 1 percent on its first day of trading.  After pricing at $15, the company closed at $15.15.  It's also below ...

Brave browser now allows you to directly pay YouTube creators with bitcoin or Basic Attention Tokens

Brady Dale / CoinDesk: Brave browser now allows you to directly pay YouTube creators with bitcoin or Basic Attention Tokens  —  Users of the Brave Browser can now donate cryptocurrency, including the company's Basic Attention Token , directly to YouTubers.  —  With today's release of ...

Peter Thiel is no longer affiliated with Y Combinator; source says Thiel did not rejoin YC after the startup accelerator ended its part-time partners program

Ryan Mac / BuzzFeed: Peter Thiel is no longer affiliated with Y Combinator; source says Thiel did not rejoin YC after the startup accelerator ended its part-time partners program  —  Billionaire venture capitalist and Facebook board member Peter Thiel is no longer affiliated with startup ...

YouTube takes down Toy Freaks, a kid-focused channel that had over 8.5M subscribers, as it tightens enforcement of child endangerment policies

Sarah Perez / TechCrunch: YouTube takes down Toy Freaks, a kid-focused channel that had over 8.5M subscribers, as it tightens enforcement of child endangerment policies  —  Following consumer outrage over YouTube's handling of disturbing videos aimed at children on its network, the company ...

German regulator bans children's smartwatches that have SIM cards and one-way monitoring functions, saying they are unauthorized transmitters forbidden by law

DW.COM: German regulator bans children's smartwatches that have SIM cards and one-way monitoring functions, saying they are unauthorized transmitters forbidden by law  —  A German regulator has banned the sale of children's smartwatches that have one-way monitoring functions.

Global Cyber Alliance, IBM, and Packet Clearing House launch free Quad9 DNS service that blocks malicious domains using consolidated threat intelligence

Sean Gallagher / Ars Technica: Global Cyber Alliance, IBM, and Packet Clearing House launch free Quad9 DNS service that blocks malicious domains using consolidated threat intelligence  —  Set DNS server to 9.9.9.9, and malware and phishes won't be able to phone home.  —  The Global ...

Code2040, a San Francisco-based nonprofit working to increase diversity in the technology industry, has raised $5.6M from the Knight Foundation and others

Jessica Guynn / USA Today: Code2040, a San Francisco-based nonprofit working to increase diversity in the technology industry, has raised $5.6M from the Knight Foundation and others  —  SAN FRANCISCO — Code2040, a San Francisco nonprofit working to increase diversity in the ...

MoviePass launches a one-year subscription plan for $89.95

Anthony D'Alessandro / Deadline: MoviePass launches a one-year subscription plan for $89.95  —  For a limited time, MoviePass is offering a one-year subscription plan for a flat fee of $89.95, which translates to $7.50 a month .  That price is under this year's 3Q average movie ...