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May 27, 2016, 5:55 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 …
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.
Leena Rao / Fortune:
Sources: Jawbone is trying to sell its wireless speaker business, will focus on health and wearables  —  Fitness tracker maker Jawbone has put its speaker business up for sale, according to multiple sources.  —  The company has been pitching potential buyers for its Jambox wireless speaker business …
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 …
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” …
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.
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
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 …
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.
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 …

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From Mediagazer

Ruth La Ferla / New York Times:
Graydon Carter opens a physical store called Air Mail Newsstand in NYC, as an extension of his digital newsletter Air Mail, selling books, magazines, and more

Todd Spangler / Variety:
Filing: Warner Bros. Discovery CEO David Zaslav's 2023 compensation package was worth $49.7M, up 26.5% from the year prior, with $23.1M in stock awards

Andrew Beaujon / Washingtonian:
Interviews with over a dozen current and former WAMU staffers and contractors show management's contradictory, unclear messaging about its closure of DCist

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