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June 19, 2016, 4:15 AM
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Nathaniel Popper / New York Times:
Hacker siphoned $50M+ worth of Ether from The DAO project; the funds are frozen as Ethereum project leaders debate code change to recover the lost Ether  —  A hacker appears to have moved digital money worth more than $50 million from an experimental virtual currency project that recently raised …
Matt Levine / Bloomberg:
The “theft” of Ethereum from the DAO violated the DAO's intent, but not its smart contract, exposing tensions between blockchain idealism and real world systems  —  There's a fairly incredible trial going on in London right now.  The Libyan Investment Authority is suing Goldman Sachs …
Tony Romm / Politico:
Sources: Apple, like HP, won't provide support or cash to the Republican National Convention over concerns about Trump, in break with past elections  —  Apple has told Republican leaders it will not provide funding or other support for the party's 2016 presidential convention …
Seth Fiegerman / Mashable:
Behind the scenes at Tumblr after the Yahoo acquisition: new competition, a $240M writedown in February, and an uncertain future  —  After Marissa Mayer promised ‘not to screw it up’  —  Marissa Mayer was running late.  This time, it wasn't for a dinner with skeptical advertisers nor …
Douglas MacMillan / Wall Street Journal:
How Marissa Mayer's spending at Yahoo to spur growth, in defiance of deals with activist investors to cut costs, led to auction of core assets, board shakeup
Ingrid Lunden / TechCrunch:
IBM's Watson allows passengers to communicate with Olli, a self-driving minibus from Local Motors, using natural language  —  IBM today took the wraps off its first big foray into the world of self-driving cars, not as the driver of them, but as the brain behind making your self-driving journey a little more interesting.
Joe Nocera / New York Times:
By creating a market for on-demand TV, Netflix spawned its own competitors and is struggling to survive, with a negative cash flow of nearly $1B  —  It helped to develop all the new ways we watch TV — on-demand, bingeing, mobile.  But the Silicon Valley company still has to keep reinventing itself.
Eva Dou / Wall Street Journal:
Apple ordered to stop iPhone 6, iPhone 6 Plus sales in Beijing, as regulator finds it violated design patent; Apple says devices are still on sale during appeal  —  Intellectual property regulator rules the design is too similar to a Chinese phone  —  BEIJING—Beijing's intellectual property regulator …
Charlie Warzel / BuzzFeed:
Sources: Due to objections from Apple and others, Unicode did not approve a suggested rifle emoji in the latest Unicode 9 update coming this June  —  You can currently purchase a semi-automatic rifle in a major U.S. city in just seven minutes, but don't expect to text someone a rifle emoji anytime soon.
Nathan Donato-Weinstein / Silicon Valley Business …:
Yahoo sells 48.6-acre Santa Clara site for $250M to LeEco, a Chinese company planning US video streaming service and smartphone launches later this year  —  Chinese tech company LeEco has completed the acquisition of Yahoo's nearly 50-acre development site in Santa Clara …
Andy Chalk / PC Gamer:
Twitch files lawsuit against seven makers of “view-bots, follow-bots, chat-impersonation bots” designed to artificially inflate the viewer and follower counts  —  The legal hammer is being dropped on seven of the most prolific bot-makers.  —  Twitch has filed a lawsuit …
Jordan Novet / VentureBeat:
Snapchat is launching Real Life, a post-per-day digital publication about living with technology, on June 27, with Nathan Jurgenson as editor in chief  —  Snapchat doesn't just care about video.  —  The company is behind a new online magazine called Real Life, which will publish roughly …

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From Mediagazer

Benjamin Mullin / New York Times:
Ben Sherwood and Joanna Coles take minority stakes in The Daily Beast; Sherwood will be CEO and publisher, and Coles will be chief creative and content officer

Max Tani / Semafor:
The Intercept is losing ~$300K/month and could run out of cash by May 2025, according to data from March; its CEO says the projection was a worst case scenario

Laurence Peter / BBC:
Russia's Ministry of Justice labels BBC Russian correspondent Ilya Barabanov and science reporter Asya Kazantseva as “foreign agents”; both now live abroad

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