Techmeme
March 4, 2016, 12:35 PM

Top News

Kyle Orland / Ars Technica:
Palmer Luckey says even high-end Mac Pros aren't powerful enough for the final Oculus Rift hardware  —  Oculus Founder: Rift will come to Mac if Apple “ever releases a good computer”  —  Even high-end Mac Pro GPUs aren't powerful enough for VR, Luckey says.
Natasha Lomas / TechCrunch:
Amazon says it has dropped device encryption in Fire OS 5 because customers weren't using it  —  Amazon confirms it has dropped device encryption support for its Fire Tablets  —  Amazon has confirmed that version 5 of Fire OS for its Fire tablet removes support for device encryption.
Tim Sweeney / Guardian:
Epic Games founder Tim Sweeney says Microsoft wants to lock PC game distribution and commerce with Universal Windows Platform, urges industry to fight it  —  Microsoft wants to monopolise games development on PC.  We must fight it  —  Developers must oppose this, or else cede control of their titles
Kamal Ahmed / BBC:
Sources: Facebook revenue in UK will no longer be routed through Ireland, will pay millions of pounds more in UK tax  —  Facebook to pay millions of pounds more in UK tax  —  Facebook is set to pay millions of pounds more in tax in the UK after a major overhaul of its tax structure.
Nate Hoffelder / The Digital Reader:
Barnes & Noble to close Nook App store, Nook Video, and UK Nook Store March 15  —  B&N is Shutting Down One of Its Top Three Digital Blunders on 15 March  —  Barnes & Noble announced a slew of of closures on Thursday, including Nook Video, the UK Nook Store, and what had to have been one of B&N's greatest digital mistakes.
Wall Street Journal:
Source: Snapchat raises $175M more from Fidelity at same $16B valuation as a year ago  —  Snapchat Raises $175 Million From Fidelity at Flat Valuation  —  Messaging company still worth $16 billion in latest funding  —  Snapchat Inc. has raised $175 million in fresh funding from Fidelity Investments …
Elizabeth Dwoskin / Wall Street Journal:
Accel Partners: as of 2015 VCs invested $7B+ in total in at least 110 firms based on open source  —  Tech Firms Grapple With How to Make Open Source Pay  —  Issue gains currency as private investors pour money into open-source startups  —  On a sunny November day, representatives …

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Natasha Lomas / TechCrunch:

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