Techmeme
June 19, 2016, 10:30 AM

Top News

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 …
Robert Graham / Errata Security:
Background on the alternative cryptocurrency Ethereum, investment fund The DAO, and how they were exploited  —  The news in the Bitcoin world is the Ethereum/DAO hack.  I thought I'd write up a simplified explanation.  —  What is Bitcoin?  —  I'm sure you know, or have an idea what Bitcoin is …
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 …
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.
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.
Kate Conger / TechCrunch:
After success of Hack the Pentagon pilot, Department of Defense is expanding the program to include more DoD systems and networks  —  Wanna hack the military?  The Department of Defense is starting to give hackers more opportunities to test its systems without the threat of prosecution.
Matt Graves:
The history of Napster from rebel file-sharing software in 1999 to a legal music service in 2016  —  Yesterday afternoon, the Rhapsody music service announced that it will retire the Rhapsody name, and re-brand its service (and the company) under the Napster brand.
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 …

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