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Apple CEO Tim Cook: Technology companies need to take responsibility for chaos they create
Roger McNamee: Facebook and Google, like China, use data to manipulate behavior and it needs to stop
Here’s how big tech companies like Google and Facebook set salaries for software engineers
The world’s largest airplane is up for sale for $400 million
Huawei delays launch of its foldable Mate X phone from June to September, says it is doing extra tests after Samsung's troubles with the Galaxy Fold
Chewy, an online pet product retailer owned by PetSmart, opens up ~64% on its first day of trading after raising $1B in its IPO, and is now valued at ~$14.3B
Sources: Comcast and Charter agree to sell iPads and other Apple devices at a discount in iPhone deal; Comcast to pay for the cost of the discount
Sources: GE Ventures has been shopping itself for several months, looking for a buyer for its portfolio of more than 100 start-ups
Crowdstrike pops ~80% on Nasdaq as its shares start trading at $63.50, well above its $34 IPO price, valuing the company at $12B
The DOJ's antitrust chief, Makan Delrahim, lays out potential antitrust arguments the US government may use against big tech
YouTube CEO says ‘sorry,’ but defends hosting videos with homophobic slurs
New form factors for Portal video chat devices are coming this fall, Facebook VP of AR/VR Andrew "Boz" Bosworth says
Sources: Uber opens a new fintech outpost in New York, hiring several dozen engineers and product managers; future financial products may include a bank account
Digital imaging company Shutterfly says it has agreed to be acquired by private equity firm Apollo Global Management, in a deal that values the company at $2.7B
Trolls use a little-known Twitter feature to swarm others with abuse, and their targets say Twitter hasn’t done much to stop it
Major international tech firms limit employees’ access to Huawei, muddying 5G roll out
Raytheon and United Technologies agree to all-stock merger that would create aerospace behemoth
Google is tech’s top spender on lobbying — Facebook and Amazon are also at record levels
Reddit · 1 week ago
WarnerMedia CEO talks about the challenges of integrating the three silos of Time Warner to achieve his goal of 70M subs for AT&T's upcoming streaming service
Activist firm Elliott Management to buy Barnes & Noble for ~$683M including debt; in the past five years, B&N has lost more than $1 billion in market value
JPMorgan Scraps New App Service for Young People
Google to buy data analytics startup Looker for $2.6B in cash, Google Cloud's first major acquisition under new CEO Thomas Kurian
Cloudera says CEO Tom Reilly is retiring and will leave the company's board, with board member Martin Cole to become interim CEO; stock down 31%+ after hours
Pivotal Software reports full-year revenue guidance of $756M-$767M, vs $803M expected, causing stock to drop as much as 45%
App makers sue Apple and claim it uses ‘monopoly power’ to charge fees
Google appeals $1.7 billion EU antitrust fine over ‘illegal’ advertising practices
Tim Cook says China has not targeted Apple despite escalation in trade tensions
Instagram says it will now let advertisers promote creators' organic branded content posts as feed ads, extending the reach of influencers
Techmeme · 2 weeks ago
Report: SoftBank is facing challenges in raising $100B for Vision Fund II after facing a lukewarm response from some of the world's largest investors
Quest Diagnostics says nearly 12M patients may have had data breached
Report: DOJ has been given jurisdiction to probe Apple's practices as part of a broad review into potential anti-competitive behavior among big tech companies
This doctor is recruiting an army of medical experts to drown out fake health news on Instagram and Twitter
Elon Musk’s SpaceX is now worth more than Tesla
DOJ preparing antitrust probe of Google – Dow Jones
Profile of Adam Mosseri, the head of Instagram who, sources say, argued for removing fake news and demoting Breitbart in News Feed in 2017 and early 2018
Techmeme · 3 weeks ago
Amazon to buy Sizmek's Ad Server and Dynamic Creative Optimization units after the adtech company filed for Chapter 11 in March
Techmeme · 3 weeks ago
Uber reports Q1 revenue of $3.1B, up 20% YoY, gross bookings of $14.65B, up 34%, net loss of $1.01B; Uber Eats revenue grew 31% to $239M, gross bookings up 108%
Forget Mueller: Our pants are still down on election security, and Facebook can’t save us
Sources: PE firm Bain Capital is raising $1B for a new tech fund for buyouts and late-stage minority investments, focused on enterprise and cybersecurity
Amazon removes books promoting dangerous bleach ‘cures’ for autism and other conditions
Reddit · 3 weeks ago
Citi slashes Apple outlook, says trade war likely to cut China sales in half
How to set your Google account to delete itself after you die
Huawei files new legal action as it tries for a swift end to its lawsuit against the US government
Walmart hires former Google, Microsoft, and Amazon executive Suresh Kumar as CTO and chief development officer
Techmeme · 3 weeks ago