Techmeme
May 24, 2016, 9:25 AM

Top News

Chance Miller / 9to5Mac:
KGI: Apple to release MacBook Pros with Touch ID and an OLED touch bar replacing function keys above keyboard in Q4, plus a 13-inch MacBook model  —  According to a new note from reliable Apple analyst Ming-Chi Kuo at KGI Securities and corroborated by our sources, Apple plans to introduce …
Colin Stretch / Facebook:
Facebook responds to GOP Sen. Thune on Trending Topics, says investigation found no systematic bias, cannot rule out unintentional bias, plans improvements  —  Last week we met with Chairman of the U.S. Senate Commerce Committee John Thune to describe our investigation in response …
Ted Sarandos / Netflix Media Center:
Starting in September, Netflix will be exclusive US pay TV home for new releases from Disney, Marvel, Lucasfilm, and Pixar  —  Summertime = Movies.  Well, on Netflix, anytime = movies...but we do see about a 20% increase in movie watching by our members in the US around Memorial Day weekend.
Josh Constine / TechCrunch:
Facebook's Continuous Live Video removes 90 min. limit on streams, but does not allow for replay or rewind, lets broadcasters target viewers by location and age  —  Live mobile video is evolving beyond selfie-stream rants and citizen journalism.  Facebook will now allow non-stop …
Todd Bishop / GeekWire:
Apple, Microsoft and Google hold 23% of all U.S. corporate cash outside the finance sector  —  Apple, Microsoft and Google are the top three cash-rich U.S. companies across all sectors of business, not including banks and other financial institutions — holding a combined $391 billion in cash …
More: 9to5Mac and Silicon RepublicThanks:@johnhcook
Sarah Perez / TechCrunch:
Google plans to bring password-free logins to Android apps by year-end via Project Abacus  —  Google's plan to eliminate passwords in favor of systems that take into account a combination of signals - like your typing patterns, your walking patterns, your current location, and more …
Evan Blass / VentureBeat:
Samsung's rugged Galaxy S7 Active, available in June from AT&T, to have microSD slot, 4GB of RAM, and 4000mAh battery, 15% larger than last year's model  —  EXCLUSIVE:  —  Samsung and AT&T are poised to release their ruggedized version of the flagship Galaxy S7 smartphone, the Galaxy S7 Active.
Emanuel Maiberg / Motherboard:
Libre VR, creator of Revive tool used to play Oculus games on Vive headsets, circumvents Oculus' new DRM in under 24 hours, making it easier to pirate games  —  It's been a little bit over a day since Oculus started rolling out new DRM for its software, but it's already backfired, making pirating the company's games easier than ever.
Tim Ingham / Music Business Worldwide:
Filing shows in 2015 Spotify had $2.18B in revenue, losses of $194M, and 98% year-over-year ad revenue increase to $219M  —  Spotify brought in a whopping $2.18bn (€1.95bn) in revenues in 2015, growing its income by 80% in the year.  —  Net losses stood at a painful $194m (€173.1m) …

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