Techmeme
March 11, 2016, 12:55 PM

Top News

Fortune:
Source: General Motors will pay more than $1B for Cruise Automation, which raised just over $18M from investors including Spark and YC  —  GM Buying Self-Driving Tech Startup for More Than $1 Billion  —  General Motors GM this morning announced that it will acquire Cruise Automation …
Sarah Buhr / TechCrunch:
GM buys self-driving car kit startup Cruise, plans to use tech to make driverless cars  —  General Motors (GM)announced today it plans to snap up Cruise Automation, a San Francisco-based startup making sensors that turn regular vehicles into ones that can drive themselves, for an undisclosed sum.
Jacob Pramuk / CNBC:
In new filing, DOJ accuses Apple of raising tech barriers that prevent execution of warrant; Apple calls DOJ “desperate”, plans to reply by March 15  —  DOJ: Apple ‘deliberately’ made hurdles to FBI probe  —  The Justice Department on Thursday filed its latest response to Apple …
Alex Hern / Guardian:
DOJ says it could make Apple turn over iOS source code and signature if it doesn't cooperate with court order, citing Lavabit case as precedent  —  FBI ‘could force Apple to hand over private key’  —  A legal filing implies that Department of Justice has a plan B, which involves demanding the company's electronic signature
Business Insider:
Sources: Slack is raising $200M at a nearly $4B valuation led by Thrive Capital  —  Slack, a 2-year-old messaging platform, is raising $200 million at nearly a $4 billion valuation led by Thrive Capital  —  Slack, the startup Silicon Valley can't get enough of, is all but done with a fresh new round of financing.
Syed Zain Al-Mahmood / Wall Street Journal:
Hackers tried to steal nearly $1B from Bangladesh's central bank, got away with $81M  —  Bangladesh Central Bank Found $100 Million Missing After a Weekend Break  —  Interviews with Bangladeshi officials depict a cyberheist spanning at least four countries
Mellisa Tolentino / SiliconANGLE:
New Amazon Alexa Voice Search skill allows you to pay Capital One credit card bill from pre-linked account, check balance, review recent transactions, more  —  Ask Amazon Alexa to pay your bills, with new Capital One app |  #SXSW  —  Amazon Echo is on a roll.
Ryan Smith / AnandTech:
AMD XConnect provides driver-level support for external Thunderbolt 3 graphics cards, starting with the Razer Core  —  More on AMD's XConnect Tech: Thunderbolt 3 for External Radeons  —  Last night AMD issued a driver update that brought support for a new technology, XConnect.
Larry Dignan / ZDNet:
Hewlett Packard Enterprise launches Haven OnDemand, the cloud version of its big data analytics software, on Azure  —  HPE launches machine-learning-as-a-service on Microsoft Azure  —  HPE Haven OnDemand provides application programming interfaces as well as services for enterprise software.
Emil Protalinski / VentureBeat:
Yahoo announces plans to kill off Games, Livetext, Boss, and more regional sites  —  Yahoo today announced its Q1 2016 progress report, highlighting the closure of several products and regional sites.  As shared in its last earnings call, the company wants to focus on just seven core consumer products …
More: Yahoo
Danny Palmer / ZDNet:
Verisign: The number of DDoS attacks increased 85% in Q4 2015, compared to Q4 a year ago  —  DDoS attacks: Getting bigger and more dangerous all the time  —  Number of recorded DDoS attacks has almost doubled in a year, warns report.  —  Distributed Denial of Service (DDoS) …

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Earlier Picks

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