US Supreme Court rules against Apple, allowing iPhone users to sue the company for alleged App Store monopolization; Apple stock is down 5%+
KEY POINTS — The Supreme Court, ruling 5-4, allows iPhone users to pursue their antitrust lawsuit against Apple in a case involving its signature electronic marketplace, the App Store.
Sources: Amazon has added machines that automate boxing up customer orders at a handful of warehouses; they pack ~700 boxes per hour, 4-5x the rate of a human
SAN FRANCISCO (Reuters) - Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.
Flexa launches Spedn app to let users pay for goods in physical stores with cryptocurrencies including bitcoin, ether, bitcoin cash, and the gemini dollar
Accepted at GameStop, Nordstrom, Whole Foods, and more — A new payment network called Flexa is launching today that'll let you spend cryptocurrencies in physical stores.
Microsoft launches Ion, an open source decentralized identity tool on bitcoin blockchain; source: Ion to shift from bitcoin's testnet to mainnet later this year
Microsoft is launching the first decentralized infrastructure implementation by a major tech company that is built directly on the bitcoin blockchain.
A developer of cinematics for Mortal Kombat 11 says the violent content of the game and reference materials used to create it led to a PTSD diagnosis
Mortal Kombat 11 is a brutal game. That's what you come for—sensational, over-the-top violence that's inventive and gratuitous on a level that doesn't exist anywhere else.
Indian streaming service Hotstar, now owned by Disney, claims it set a global record by drawing 18M+ concurrent viewers for the IPL cricket final
India's video streaming giant Hotstar, owned by Disney, today set a new global benchmark for the number of people an OTT service can draw to a live event.
Uber pilots a new PIN feature at the Portland Airport that gives riders a one-time 6-digit PIN in an effort to speed up pickup times and reduce congestion
Uber is piloting a new PIN feature at the Portland International Airport that will give riders a one-time six-digit numeric code …
Study: between 2010 and 2016, traffic congestion in San Francisco grew by about 60%, with Uber and Lyft vehicles accounting for more than half of that increase
Andrew J. Hawkins / The Verge : Tweets: @violetblue Tweets: Violet Blue / @violetblue : No, we haven't been imagining the beatdown of our roads, constant traffic jams, worsening smog... New study fin...
Locus, a logistics and supply chain automation platform, raises $22M Series B led by Falcon Edge Capital and Tiger Global Management
Locus, a logistics and supply chain automation platform that helps shippers optimize their route planning, track orders, and access analytics …
How DataCamp tried to cover up an allegation of sexual misconduct against its CEO for over a year before a community of data scientists forced the truth out
“Sexual misconduct happens everywhere. But DataCamp was dealing with a community with abnormally high standards and support for each other." Tweets: @hrbrmstr , @paldhous , @daveyalba , @daveyalba , ...
A look at Uber's pitch deck in 2008, where it projected to reach 5% of the top US cities with $20M in profits, and, in the best case scenario, $1B in revenues
ber's founders in 2008 thought the best-case scenario for what they were calling UberCab was to hit $1 billion in revenue.
Slack updates financials, estimates revenue of $133.8M to $134.8M for the quarter ending April 30, up from $80.9M YoY, and a net loss of $39M, up from $26.3M
KEY POINTS — The company brought in estimated revenue of about $134 million, with a net loss of around $39 million, for the three months ending April 30.
Chat app Discord says it now has 250M registered users and 56M MAU
You may never have heard of Discord, but you might soon. — The chat app built initially for gamers has been steadily expanding outside that world as it's increasingly used by YouTube personalities, ...
Satoshi's Treasure scavenger hunt has 60K people signed up in less than a month, with teams as large as 600, searching for clues to access $1M worth of bitcoin
Leigh Cuen / CoinDesk :
Researchers link a network of far right, far left sites and social media accounts trying to manipulate EU elections to the infrastructure Russia used in 2016
New York Times :
Researcher says 90+ Facebook groups linked to the illegal trade of Middle Eastern antiquities are still active after Facebook said it shut down 49 such groups
Karen Zraick / New York Times : Tweets: @debpresente , @hisham_melhem , and @craigjcalhoun Tweets: Gal Capone / @debpresente : Zuckerberg now competing with the dark web. Facebook has no bottom to it...
At I/O, Google killed the Nest platform and shattered the Google/Nest privacy firewall, saddling many existing users with a dead-end ecosystem of products
Ron Amadeo / Ars Technica :
AliveCor says KardiaMobile 6L, its first six-lead ECG device that works with a smartphone app, received FDA clearance and will be available in June for $150
Jeremy Horwitz / VentureBeat :
FBI arrested the CFO of school lunch provider Choicelunch for allegedly hacking competitor The LunchMaster and stealing data on hundreds of Bay Area students
Facebook's Defense Is Accurate-But Not On Point Tweets: @manan : hold on, most companies now have their CISOs reporting into the CFOs but dang this CFO be his own CISO https://twitter.com/...
As it ponders Facebook fines, FTC must seek regulation forcing Facebook to make its social graph truly portable, letting users export friend lists to other apps
Josh Constine / TechCrunch :
Mint House, which offers “tech-rich accommodations” including a mobile app for check-ins to business travellers, raises $15M Series A led by Revolution Ventures
Natasha Mascarenhas / Crunchbase News :
Life360, an SF-based developer of a family tracking app, went public in Australia on Friday because, CEO says, late-stage US investors don't offer “clean terms”
Salvador Rodriguez / CNBC :
AI startup Clarifai laid off around 20% of its staff of around 100 employees, including the product manager who led its work on DoD's Project Maven contract
Kevin McLaughlin / The Information : Tweets: @kmclaughlinsf Tweets: Kevin McLaughlin / @kmclaughlinsf : AI startup Clarifai laid off ~20% of its staff today, including the product manager who led its...
Loyalty programs, which are collecting vast amounts of personal data, are easy to join and often have flimsy passwords, making them very attractive to hackers
Tiffany Hsu / New York Times : Tweets: @felixsalmon Tweets: Felix Salmon / @felixsalmon : Late capitalism datapoint of the day https://www.nytimes.com/... https://twitter.com/...
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