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June 20, 2016, 5:15 PM
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Ingrid Lunden / TechCrunch:
Twitter acquires Magic Pony Technology, a London-based company that uses machine learning to identify features in and enhance imagery; sources: deal worth $150M  —  Twitter today is taking another step to build up its machine learning muscle, and also potentially to improve how it delivers photos …
Tony Romm / Politico:
Apple CEO Tim Cook will host a fundraiser for House Speaker Paul Ryan next week in the wake of Apple pulling support for the GOP convention over Trump  —  Apple CEO Tim Cook will host a fundraiser with House Speaker Paul Ryan next week as the iPhone maker tries to strengthen its relationships …
Madhumita Murgia / Telegraph:
Spotify says it has 100M+ monthly active users, adding 1.8M monthly, with 30% as paying subscribers  —  Spotify has confirmed that it has more than 100m monthly active users on its music streaming service today.  —  30pc of these users are paying subscribers, leading to an almost doubling …
Sarah Perez / TechCrunch:
Tumblr to launch live video on Tuesday, will introduce a series of live broadcasts as well as a user-facing feature that could compete with Facebook Live  —  Twitter has Periscope.  Amazon has Twitch.  Google has YouTube's live streaming.  And Facebook has Facebook Live.
Ron Miller / TechCrunch:
Dell sells software unit to Francisco Partners and Elliott Management for undisclosed sum  —  TechCrunch has confirmed that Francisco Partners and Elliott Management have agreed to acquire Dell's software division.  —  Elliott Management, Francisco Partners and Dell issued …
Mary Jo Foley / ZDNet:
Microsoft kicks off campaign touting battery savings of Windows 10's Edge browser  —  Microsoft is going on the browser offensive with new test results showing Windows 10 Edge bests Google, Opera and Firefox on battery life.  —  Microsoft is kicking off a campaign touting the power-saving capabilities …
Ken Yeung / VentureBeat:
All of Facebook's board of directors, including Peter Thiel, are re-elected, and shareholders vote to issue non-voting Class C shares  —  Facebook today held its annual shareholder meeting, and the group approved the formation of a new class of voting shares that will keep CEO Mark Zuckerberg …
Jamie McGee / Tennessean.com:
Chattanooga mayor credits municipal gigabit broadband for driving city's economic revival over the past few years  —  When Chattanooga Mayor Andy Berke describes his city's economic renewal, he points to the city's fiber network as a significant source of its new vibrancy.
Tim Peterson / Marketing Land:
Facebook will let Page owners use the interactive Canvas ad format for Page posts  —  Facebook will let Page owners use the interactive Canvas ad format for organic Page posts in a bid to get people to spend more time in the social network.  —  Facebook has a new weapon in its arsenal in the war for people's digital attentions.
More: TechCrunch
Devindra Hardawar / Engadget:
Huawei's Surface competitor, the MateBook, is headed to the US on July 11 starting at $699  —  Huawei's Surface competitor, the Matebook, is headed to the US on July 11th starting at $699.  Announced back at Mobile World Congress, it's a 12-inch laptop/tablet hybrid that weighs in at a mere 1.4 pounds and 6.9 millimeters thin.

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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

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