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May 28, 2016, 2:05 PM
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Steve Kovach / Tech Insider:
Sources: Jawbone has stopped making UP fitness trackers, sold the remaining inventory to a reseller at a discount to raise cash  —  Jawbone has stopped making its UP fitness trackers and sold its remaining inventory to a third-party reseller, sources familiar with the matter told Tech Insider.
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 …
Kurt Wagner / Recode:
Facebook plans to officially kill its video ad exchange LiveRail  —  The writing has been on the wall for some time.  —  Facebook plans to shutter LiveRail — the video ad exchange that it bought back in 2014 for a reported $400 million to $500 million — for good sometime in the very near future, according to sources.
Peter Bright / Ars Technica:
Investigation into 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 …
New York Times:
Some Silicon Valley luminaries, including Vinod Khosla and Jessica Livingston, express approval for Peter Thiel's tactics against Gawker  —  SAN FRANCISCO — After the news that one of Silicon Valley's stars secretly funded a lawsuit to bring down a gossip site, the overwhelming response …
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
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
Lorenzo Franceschi-Bicchierai / Motherboard:
Hacker behind LinkedIn's 117M e-mail database claims to have 360M Myspace user emails with passwords  —  There's an oft-repeated adage in the world of cybersecurity: There are two types of companies, those that have been hacked, and those that don't yet know they have been hacked.
Reuters:
Sources: the Feinstein-Burr encryption bill has lost support in Congress, likely won't be introduced this year  —  After a rampage that left 14 people dead in San Bernardino, key U.S. lawmakers pledged to seek a law requiring technology companies to give law enforcement agencies a “back door” …
Pew Research Center:
Pew: 62% of US adults get news on social media; 66% of Facebook, 23% of Instagram, 21% of YouTube, 19% of LinkedIn users get news there  —  A majority of U.S. adults - 62% - get news on social media, and 18% do so often, according to a new survey by Pew Research Center …
Kyle Orland / Ars Technica:
Sources: Xbox compatible VR game slated for 2017 launch by a well-known European studio  —  New info lends credence to reports of new, VR-compatible console from Microsoft.  —  Ars can confirm that at least one major developer is currently planning to release a new virtual reality game …
Mike Masnick / Techdirt:
Google-Oracle verdict: good in that it allows for the re-implementation of APIs in different software, but fair-use was the wrong judicial vehicle  —  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 …
More: eWeek
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, May 28, 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

Ryan Glasspiegel / Front Office Sports:
Sources: Netflix will pay Barstool a yearly fee “in the eight figures” for its video podcasts; Fanatics has pitched WWE podcasts to Netflix which airs WWE Raw

Natalie Korach / @nataliekorach:
Sources: VF's article by Chris Whipple featuring quotes from White House chief of staff Susie Wiles led to VF's biggest subscription signup day since 2016

Wall Street Journal:
Sources: Axel Springer has considered buying about a dozen media businesses in the US, including TED Conferences, TechCrunch, the 1440 newsletter, and more

More News

Nick Summers / Engadget:
UK carrier Three to test 24 hour, opt-in, network level mobile ad blocking during the week of June 13
Evan Blass / VentureBeat:
ZTE launches 5.5-inch Google Daydream-ready Axon 7 for $450 alongside its first VR headset

Earlier Picks

Barb Darrow / Fortune:
Intel buys computer vision company Itseez, co-founded by two former Intel researchers, in IoT and autonomous car push
Cade Metz / Wired:
Facebook and Microsoft partner to lay highest capacity transatlantic internet cable yet, connecting Virginia and Spain with a bandwidth of 160Tbps
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