Techmeme
May 27, 2016, 2:50 PM

Top News

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:
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 InformationTweets: @cityofthetown
TechCrunch:

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