Techmeme
November 13, 2015, 1:05 PM

Top News

Richard Lawler / Engadget:
Beats Music confirms it will fade out on November 30th  —  Now that Apple Music is firmly in place (and even on Android) it's time for Beats Music to go.  An app update back in June greased the skids and an updated support page — as well as emails going out to Sonos users reiterating …
Rolfe Winkler / Wall Street Journal:
Inside Sequoia's Scouts, and a list of the program's 70+ well-connected entrepreneurs and academics using capital from Sequoia to fund startups  —  Secretive, Sprawling Network of ‘Scouts’ Spreads Money Through Silicon Valley  —  Sequoia Capital has funneled millions of dollars to scores …
Office Blogs:
OneNote can now record audio on iOS, embed videos on Windows, attach files on OneNote Online, more  —  OneNote in November—Embed video, record audio, insert files and more  —  It's been a big month for OneNote with updates across our web app to mobile devices to desktop.
Jacob Kastrenakes / The Verge:
First Alert debuts Onelink, the first HomeKit-enabled smoke detector, available now from $109  —  Apple's HomeKit now has a smoke detector to compete with Nest Protect  —  Nest is owned by Google, which means there's a chance its products will never integrate with Apple's smart home platform.
Yuliya Chernova / Wall Street Journal:
Watchmaker Fossil Group to acquire Misfit for $260M; Fossil expects to incorporate Misfit's tech into traditional watches as soon as 2016  —  Fossil Group to Buy Misfit for $260 Million … Watchmaker Fossil Group Inc. has agreed to acquire startup Misfit Inc., a maker of wearable fitness trackers, for $260 million.
Ian Kar / Quartz:
Sources: Apple partnering with banks for peer-to-peer payment program to avoid money transmitter licenses, may use iMessage for money transfer  —  Apple is making a grab for Venmo's turf and might use iMessage to do it  —  Apple is wading into Venmo's main business, betting …
Ingrid Lunden / TechCrunch:
Digg Raises $4M Series A From Betaworks Backer Digital Garage  —  More interesting developments for Digg, the Internet curation site founded way back in 2004 that was acquired and relaunched by Betaworks in 2012.  The site has announced a “Series A” of $4 million, and it has named its COO Gary Liu as new CEO, effective immediately.
Jordan Crook / TechCrunch:
Varsity Tutors raises $50M Series B led by Technology Crossover Ventures and Maroon 5's Adam Levine  —  Varsity Tutors Raises $50 Million In Series B  —  Varsity Tutors, the platform that connects elite tutors with students, has just closed a $50 million Series B funding round led …
Chris Welch / The Verge:
Hands-on with Gogo's 2Ku in-flight satellite internet service that incorporates new antenna tech to deliver speeds of up to 70 Mbps for each aircraft  —  I just streamed Netflix, YouTube, and Spotify on a plane — all at once  —  Gogo, the company that's become synonomous with in-flight Wi-Fi …
More: Engadget and Engadget
Kurt Wagner / Re/code:
FanDuel and DraftKings Are Suing New York's Attorney General  —  Things are getting ugly in New York for daily fantasy sports.  —  Industry leaders DraftKings and FanDuel have both separately filed suit against New York Attorney General Eric Schneiderman.  The lawsuits come just two days …
Wall Street Journal:
Sources: Hulu in early talks to sell stake to Time Warner in deal valuing Hulu at $5B-$6B; Time Warner would invest cash, commit to license content  —  Hulu in Talks to Sell Stake to Time Warner  —  Deal could help streaming-video service compete with Netflix, Amazon

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