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May 27, 2016, 2:50 PM
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TechCrunch:
Facebook starts selling offsite ads targeting non-users too  —  Facebook's advertising network is already a colossal business — it helped the social network bring in over $5 billion in revenue in its most recent quarter alone — but it is about to take a step towards become …
Peter Bright / Ars Technica:
Investigation of SWIFT breach expands to 12 more banks; Symantec corroborates BAE's report that hackers used code similar to North Korean Sony hack  —  Symantec becomes the second firm to link the hack to the Sony Pictures attack.  —  The investigation into the attempted $1 billion electronic heist …
Joe Mullin / Ars Technica:
Jury in Oracle suit unanimously finds Google's use of Java APIs in Android was fair use; Oracle vows to appeal  —  Oracle has spent many millions trying to get a chunk of Android, to no avail.  —  SAN FRANCISCO—Following a two-week trial, a jury has found that Google's Android operating system does …
Mike Masnick / Techdirt:
Big Win For Fair Use: Jury Says Google's Use Of Java API's Was Fair Use... On To The Appeal  —  This is somewhat surprising, but good: after a few days of deliberation, the jury in the redo of the Oracle v. Google case concerning Google's use of Java's APIs in Android has resulted …
Nick Denton / Gawker:
Nick Denton challenges Peter Thiel to a public debate in open letter, says decade-long campaign by Thiel is out of proportion, asks about ultimate intent  —  Nearly a decade ago, after you had opened up to friends and colleagues, a gay writer for Gawker shared an item with the readers of Valleywag …
Kara Swisher / Recode:
As Facebook courts publishers, the company and some of its directors decline to comment on board member Peter Thiel's funding of lawsuit against Gawker
Cade Metz / Wired:
Facebook and Microsoft partner to lay highest capacity transatlantic internet cable yet, connecting Virginia and Spain with a bandwidth of 160Tbps  —  Facebook and Microsoft are laying a massive Internet cable across the middle of the Atlantic.  —  Dubbed MAREA—Spanish for “tide” …
Barb Darrow / Fortune:
Intel buys computer vision company Itseez, co-founded by two former Intel researchers, in IoT and autonomous car push  —  Chip maker Intel, in its bid to expand from its core PC and server business to all manner of devices, is buying Itseez, a machine vision specialist co-founded by two former Intel techies.
Nick Summers / Engadget:
UK carrier Three to test 24 hour, opt-in, network level mobile ad blocking during the week of June 13  —  Three will soon trial network-level ad blocking in the UK.  Such a move was telegraphed back in February, when the carrier inked a deal with Shine, a company that specialises in the practice.
Evan Blass / VentureBeat:
ZTE launches 5.5-inch Google Daydream-ready Axon 7 for $450 alongside its first VR headset  —  ZTE has launched its second Axon-branded flagship, the Axon 7, alongside a compatible virtual reality headset, known as ZTE VR.  The 5.5-inch, Android 6. Marshmallow-powered handset aims to deliver top …
Alexei Oreskovic / Business Insider:
Report: Snapchat's share price did not increase from last year in latest fundraising round  —  The price of Snapchat's shares were flat compared to last year in a recent fundraising round, according to a report in The Information.  —  Snapchat raised $1.81 billion in funding, the company disclosed in a filing on Thursday.
More: The Information.  Tweets: @cityofthetown
TechCrunch:
Filing: Snapchat raised $1.8B in Series F round; leaked deck reveals $59M revenue in 2015, 110M DAUs in December

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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

Oliver Darcy / CNN:
Uri Berliner says he is resigning from NPR as he “cannot work in a newsroom where I am disparaged by a new CEO whose divisive views confirm” NPR's problems

Gene Maddaus / Variety:
A Los Angeles ethics agency fines former CBS CEO Les Moonves $15K for misconduct in obtaining confidential police info about a sexual assault claim against him

Souhail Karam / Bloomberg:
A Tunisian court sentences prominent government critic and journalist Mohamed Boughalleb to six months in prison for defamation, renewing press freedom concerns

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