Month: January 2019

After TechCrunch caught Facebook violating Apple’s employee-only app distribution policy to pay people for all their phone data, Apple invalidated the social network’s Enterprise Certificate as punishment. That deactivated not only this Facebook Research app VPN, but also all of Facebook’s internal iOS apps for workplace collaboration, beta testing and even getting the company lunch or
0 Comments
“KP used to be a small team doing hands-on company building. We’re moving away from being this institution with multiple products and really just focusing on early-stage venture capital,” Kleiner Perkins partner Ilya Fushman tells me. Indeed, 47 years after its founding, the storied venture fund is going “back to the future” with today’s announcement
0 Comments
Facebook just announced its latest round of “coordinated inauthentic behavior,” this time out of Iran. The company took down 262 Pages, 356 accounts, three Facebook groups and 162 Instagram accounts that exhibited “malicious-looking indicators” and patterns that identify it as potentially state-sponsored or otherwise deceptive and coordinated activity. As Facebook Head of Cybersecurity Policy Nathaniel
0 Comments
Uber is suspending its professional taxi service in Barcelona from tomorrow almost a year after it re-entered the Catalan capital. The move follows the regional government agreeing new regulations for the vehicle for hire (VTC) sector aimed at making sure they do not compete directly with taxis. “The new restrictions approved by the Catalan Government
0 Comments
Samsung Electronics reported its largest quarterly profit decline in two years during its earnings report today. As the Galaxy maker warned in its earnings guidance earlier this month, its results were hurt by slower-than-expected demand for semiconductors, which had bolstered its earnings in previous quarters even when smartphone sales were slow. Samsung’s forecast was also
0 Comments
Grab’s fundraising push continues unabated after the Southeast Asian ride-hailing firm announced that it has raised $200 million from Central Group, a retail conglomerate based in Thailand. Central’s business covers restaurants, hotels and more than 30 malls in Thailand, while it has operations in markets that include Vietnam and Indonesia. Its public-listed holding companies alone are worth more
0 Comments
In response to TechCrunch’s investigation of Facebook paying teens and adults to install a VPN that lets it analyze all their phone’s traffic, Senator Mark Warner (D-VA) has sent a letter to Mark Zuckerberg. It admonishes Facebook for not spelling out exactly which data the Facebook Research app was collecting or giving users adequate information
0 Comments