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Techmeme
May 17, 2016, 10:30 AM
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Top News

Sarah Frier / Bloomberg:
Source: Twitter will stop counting photos and links in the 140-character limit as soon as within next two weeks  —  Company said to make the change in next couple of weeks  —  CEO Jack Dorsey aims to make it easier to compose tweets  —  Twitter Inc. will soon stop counting photos and links …
Mark Harris / Backchannel:
Otto, founded by ex-Google engineers, exits stealth to sell self-driving kits for retrofitting semi-trailers  —  A group of ex-Google engineers have just launched Otto, an autonomous trucking startup  —  Otto's first vehicle is twice as long and six times as heavy as Google's cute prototype car …
Ingrid Lunden / TechCrunch:
MCX postpones rollout of Apple Pay rival CurrentC, lays off 30, will focus on bank deals  —  As merchants like Walmart move aheadon their own mobile payment strategies, a consortium that once counted Walmart — along with a number of other big retailers and brands — behind it, has taken a step back.
Romain Dillet / TechCrunch:
Blockchain announces Thunder, an alternative network for enabling fast off-blockchain transactions that settle against the bitcoin blockchain at a later date  —  Blockchain, the company behind the world's most popular bitcoin wallet, has been quietly working on an interesting project called Thunder.
New York Times:
China is quietly requiring foreign tech companies to submit their products to security reviews  —  HONG KONG — Chinese authorities are quietly scrutinizing technology products sold in China by Apple and other big foreign companies, focusing on whether they pose potential security threats …
Wall Street Journal:
Inside the Final Days of LendingClub CEO Renaud Laplanche  —  The allegations around Mr. Laplanche also raise tough questions for the fast-growing fintech industry  —  On April 22, LendingClub Corp. founder and Chief Executive Renaud Laplanche took the stage at a New York ceremony …
Jacob Kastrenakes / The Verge:
Apple releases iTunes 12.4, brings back left sidebar, but doesn't address core issues with navigation and possibly makes it worse  —  Apple knows that the iTunes interface is extremely confusing and needs work.  But apparently its solution is to add even more menus.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:30 AM ET, May 17, 2016.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Max Tani / Semafor:
Documents: The Daily Wire, founded by conservative podcaster Ben Shapiro in 2015, seeks to raise at least $100M in a round that would value the company at $750M

Perry Stein / Washington Post:
Source: the US DOJ sought to force WaPo and WSJ reporters to testify before a grand jury but withdrew the subpoenas this month after the outlets challenged them

More News

Casey Newton / The Verge:
Twitter tests adding button to its Android app for launching Periscope broadcasts
Connie Loizos / TechCrunch:
Debra Lee, chairman and CEO of Viacom's Black Entertainment Television, joins Twitter's board
The Economic Times:
Sources: Apple likely to announce accelerator program for Indian startups during Tim Cook's visit to the country this week

Earlier Picks

The Intercept:
The Intercept begins releasing installments of NSA's internal newsletters starting from 2003
Ellen Huet / Bloomberg:
On-demand startups increasingly touting forms of “profitability” that exclude key expenses
San Francisco Chronicle:
Waze tests carpooling option in Bay Area, starting with 25K+ employees from select firms, with new Waze Rider app that matches similar commutes among Waze users
Luke Wroblewski / Official Google Blog:
Google announces Spaces, a new app for small group sharing around any topic, for Android, iOS, and web
Greg Bensinger / Wall Street Journal:
Source: Amazon to debut new lines of private label products, including perishable foods and household items, for Prime members only in coming weeks
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