Techmeme
January 14, 2016, 1:20 AM

Top News

John Paczkowski / BuzzFeed:
Sources: Apple phasing out in-house iAd sales team as it updates platform to be more automated  —  Apple Steps Back From Its iAd Advertising Business  —  Six years after launching its advertising platform, Apple is moving to phase out its in-house iAd sales team in favor of a new publisher-driven system.
Akin Oyedele / Business Insider:
GoPro to cut 7% of staff, will take restructuring charge of $5M-$10M, reports weak Q4 revenue guidance for 2015; stock down over 22% after hours  —  GoPro cuts jobs and warns its sales are a disaster  —  GoPro shares are crashing to all-time lows after the company said it is cutting about 7% of its staff and sales are not great.
Gaurav Seth / Windows Blog:
Microsoft open-sources ChakraCore, a standalone version of the JavaScript engine that powers its Edge browser  —  ChakraCore GitHub repository is now open  —  In a December 2015 talk at JSConf US, we announced that we would be open-sourcing the key components of the Chakra JavaScript engine that powers Microsoft Edge.
Stuart Dredge / Music Ally:
SoundCloud strikes licensing deal with Universal Music that includes tracks from labels and artists, and also user-generated content and remixes  —  SoundCloud strikes licensing deal with Universal Music  —  The deal was announced this afternoon (although leaked in the New York Post yesterday) …
Emil Protalinski / VentureBeat:
Google Maps for Android adds new Driving Mode that predicts your destination based on your location history, recent searches, and time of day  —  Google Maps for Android's new Driving Mode guesses where you want to go  —  Google today released an update to Google Maps for Android that includes a new feature: Driving Mode.
Lizette Chapman / Bloomberg Business:
Venture capital firms raised $28.2B last year, down from $31.1B in 2014; number of VC funds closed decreased 13% from 2014 to 2015  —  Tech Funding Slowdown Hits Venture Capital Firms  —  The number of venture funds that closed last year decreased 13 percent.

Sponsor Posts

Microsoft:
Hack for Humanity do-gooders bring world of help to refugees  —  Microsoft project answers Hack for Good challenge; participants use skills in marketing, data science and more to help SCM Medical Missions better manage its humanitarian efforts with refugees.
eero:
Ready to revolutionize your WiFi? eero now available at a Best Buy near you.  —  Get an up-close look at eero - and other connected home innovations - at nearly 600 US stores.
Worldpay:
What's the future of digital consumption?  —  Based on research from 7000+ consumers globally, discover how people pay for digital goods today and how they expect that to change.
Zoho:
Zoho Data Centers in Europe  —  We are pleased to announce the opening of two data centers in Europe — one in Amsterdam, the Netherlands and another in Dublin, Ireland.  With our new data centers …
Brookings Institution:
Why Pokemon Go's technology is no fad  —  Pokemon Go has ignited the digital world.  Every news organization has reported on why Pokemon Go, the smartphone app based on the Japanese cartoon game from the 1990s, is extraordinarily popular.
 

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Emil Protalinski / VentureBeat: