Techmeme
January 14, 2016, 1:15 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:
How web search data might help diagnose serious illness earlier  —  The potential of using engagement with search engines to predict an eventual diagnosis - and possibly buy critical time for a medical response — is demonstrated in a new study.
eero:
Why would a home WiFi system need its own, purpose-built OS?  —  How eero OS + a cloud-based, distributed service layer create a flexible, upgradeable, and extremely secure home networking platform.
Worldpay:
So your users are subscribing...  What are the next steps to maximize revenue?  Read these best practices.
Zoho:
Online Payments Made Simple - Zoho Partners with WePay  —  Since 2008, we've been helping businesses streamline their billing.  While online payments options have mushroomed, many small businesses have avoided …
 

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Emil Protalinski / VentureBeat: