Techmeme
March 11, 2016, 7:40 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.
Justin Sink / Bloomberg Business:
At SXSW, President Obama advises tech industry to compromise on encryption now instead of waiting for Congress to act  —  Government Can't Let Smartphones Be ‘Black Boxes,’ Obama Says  —  Obama advises tech industry to compromise before Congress acts  —  President appears at South by Southwest as FBI sues Apple Inc.
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
Jacob Pramuk / CNBC:
Greg Bensinger / Wall Street Journal:
Sources: Instacart cuts commissions for couriers by 50%, reduces fees per drop-off to $1.50 from $4 in SF, LA, and some other metro areas  —  Grocery-Delivery Startup Instacart Cuts Pay for Couriers  —  Instacart is the latest on-demand startup to try to contain costs in a tighter funding environment
Emil Protalinski / VentureBeat:
Microsoft launches tool to help Evernote users on Windows move their notes to OneNote  —  Microsoft launches OneNote importer tool for Evernote users  —  Microsoft today launched a OneNote importer tool that lets Evernote users bring their content to Microsoft's note-taking tool.
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.
Paul Sawers / VentureBeat:
Wire, the messaging app backed by Skype's Janus Friis, gets video calls and message encryption  —  It's been more than 15 months since Wire entered the competitive messaging app fray with the promise to build a Skype for the modern age — a promise given real credence by the backing of Skype cofounder Janus Friis.
Johana Bhuiyan / Re/code:
Ford is spinning out mobility programs into separate subsidiary, Ford Smart Mobility LLC, and is looking for a CEO to run it  —  Ford Is Looking for a Tech Executive to Be the CEO of Its New Mobility Company  —  As the auto and tech industries barrel toward a mobility-focused future …

Sponsor Posts

Microsoft:
How digital artist Gabriel Pulecio ‘traps infinity’ and creates beehives of light  —  His motion graphics are controlled pieces, dictated by software and digital design.  He uses Kinect to create interactivity, a key component in his work.
Zoho:
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Earlier Picks

Ryan Smith / AnandTech:
Steve Kovach / Tech Insider: