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Pan-African e-commerce company Jumia sets US IPO price range of $13 to $16 per share, aims to raise $250M, at a valuation of $1.1B at the middle of the range (Tim Cohen/Daily Maverick)

Tim Cohen / Daily Maverick: Pan-African e-commerce company Jumia sets US IPO price range of $13 to $16 per share, aims to raise $250M, at a valuation of $1.1B at the middle of the range  —  African online retailer Jumia has announced its listing price on the New York Stock Exchange which values the company

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Apple cancels AirPower wireless charging mat, citing inability to meet its quality standards for the product (Matthew Panzarino/TechCrunch)

Matthew Panzarino / TechCrunch: Apple cancels AirPower wireless charging mat, citing inability to meet its quality standards for the product  —  Apple has canceled the AirPower product completely, citing difficulty meeting its own standards.  —  “After much effort, we’ve concluded AirPower will not achieve our high standards and we have cancelled the project. Apple cancels

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Interview with YouTube Chief Product Officer Neal Mohan about its recommendation algorithms, radicalization, violent extremism, and the rabbit-hole effect (Kevin Roose/New York Times)

Kevin Roose / New York Times: Interview with YouTube Chief Product Officer Neal Mohan about its recommendation algorithms, radicalization, violent extremism, and the rabbit-hole effect  —  Neal Mohan discusses the streaming site’s recommendation engine, which has become a growing liability amid accusations that it steers users to increasingly extreme content. Interview with YouTube Chief Product

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A newly published exploit for a Magento vulnerability that can be used with no authentication required puts hundreds of thousands of e-commerce sites at risk (Dan Goodin/Ars Technica)

Dan Goodin / Ars Technica: A newly published exploit for a Magento vulnerability that can be used with no authentication required puts hundreds of thousands of e-commerce sites at risk  —  Magento admins: beware of SQL flaw that requires no authentication.  —  Attack code was published on Friday that exploits … A newly published exploit

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1stdibs, an online marketplace for luxury furniture and art that sells vintage and contemporary pieces from 4,200 dealers, raises $76M Series D (Madeleine Luckel/Architectural Digest)

Madeleine Luckel / Architectural Digest: 1stdibs, an online marketplace for luxury furniture and art that sells vintage and contemporary pieces from 4,200 dealers, raises $76M Series D  —  The round, which will allow 1stdibs to target its growth to four specific areas, was led by T. Rowe Price Associates, Inc. 1stdibs, an online marketplace for

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Alibaba invests $171M in publicly traded Qutoutiao in the form of a convertible loan which would convert into a 4% stake in the Chinese news content aggregator (Rita Liao/TechCrunch)

Rita Liao / TechCrunch: Alibaba invests $171M in publicly traded Qutoutiao in the form of a convertible loan which would convert into a 4% stake in the Chinese news content aggregator  —  The race to give Chinese users their daily dose of news intensifies as Qutoutiao, a rival to TikTok parent Bytedance, net an installment

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Apple to close Texture on May 28 following the launch of Apple News+, effectively ending the service for subscribers without Apple devices (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Apple to close Texture on May 28 following the launch of Apple News+, effectively ending the service for subscribers without Apple devices  —  A year ago, Apple acquired the digital newsstand app Texture to form the basis of its new subscription-based service, Apple News+, which launched on Monday. Apple to close

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