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Techmeme
June 23, 2016, 11:50 PM
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Top News

Ken Yeung / VentureBeat:
Twilio stock closes at $28.53, jumping more than 90% in first day of trading  —  Twilio (TWLO) ended its first day as a public company with a bang.  Shares in the cloud communication company rose more than 90 percent to close at $28.53, a feat that beat analyst expectations and comes …
Matthew Panzarino / TechCrunch:
Apple announces it will discontinue Thunderbolt Display amid speculation that it will soon launch 4K or 5K version  —  Apple today announced that it is discontinuing its Thunderbolt Display, the large external display many use to connect to MacBooks or other Macs for extra screen real estate.
Dan Goodin / Ars Technica:
FTC fines InMobi, a Singapore-based mobile ad firm, $950K for collecting location data of users without consent  —  InMobi ad network, which reaches more than 1 billion devices, settles FTC charges.  —  A mobile advertising company that tracked the locations of hundreds of millions …
Andrew J . Hawkins / The Verge:
Uber starts showing upfront fares for uberX instead of multipliers but keeps dynamic pricing  —  Surge pricing has long been Uber's Achilles' heel: during periods of excessive demand, when there are more riders than drivers, Uber increases its normal prices to encourage drivers to flood the zone.
Fitz Tepper / TechCrunch:
Facebook announces future updates to Live at VidCon: ability to go live with face filters from MSQRD, add a friend's stream to a broadcast, and schedule streams  —  Today at VidCon Facebook pre-announced three new big product updates for Facebook Live, their live-streaming platform built into Facebook.
Paul Sawers / VentureBeat:
Google and Udacity launch an Android Basics course for novice coders, which costs $199/month and features input from Google experts  —  Online education company Udacity has partnered with Google to introduce a new course covering the basics of Android programming.
Ken Yeung / VentureBeat:
Nest starts selling select Works With Nest products like Philips Hue in its Nest Store  —  Nest has taken another step to showcase its ability to be a platform by opening up its store to third-party products built off of its “Works with Nest” program.  While there are more than 100 supported products …
More: Nest and Engadget
Alyson Shontell / Tech Insider:
Cadre raised $68M over the past year and a half from Peter Thiel, Jack Ma, Yuri Milner, others for its real estate trading platform for high-wealth individuals  —  A few miles east of Manhattan, in Astoria Queens, a suite of residential buildings that house millennials and retail stores was recently purchased for $60 million.
Tweets: @jasonlk.  Thanks:@ajs
Natalie Gagliordi / ZDNet:
Comcast, Alarm.com acquire and split up IoT firm Icontrol; Alarm.com to pay $140M for Connect and Piper interactive security and home automation business units  —  The main business Comcast is acquiring is Icontrol's Converge software platform, which currently powers the Xfinity Home touch-screen panel and back-end servers.
Ken Yeung / VentureBeat:
YouTube announces live streaming is coming to its mobile app, available now for select creators, rolling out more broadly soon  —  YouTube announced that it is adding the capability to broadcast live video right from its mobile app.  This capability is said to be rolling out to select creators first …

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From Mediagazer

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”; earlier CBS aired the Kennedy Center Honors, hosted by Trump

Zachary Leeman / Mediaite:
White House deputy chief of staff Stephen Miller calls for CBS staff who “revolted” over Bari Weiss' decision to postpone 60 Minutes' CECOT segment to be fired

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

More News

Laura Shin / Forbes:
Circle, a blockchain-based payment service, raises $60M series D from IDG, Baidu, others, amid China expansion
Hadas Gold / Politico:
C-SPAN broadcasts Periscope and Facebook streams after its feed gets cut during US House protest over gun legislation

Earlier Picks

Dave Mark / The Loop:
Apple says the unencrypted kernel cache in iOS 10 was deliberate, doesn't contain user info, optimizes performance without compromising security
Mark Bergen / Recode:
Google Fiber to acquire Webpass, an ISP that focuses on apartment complexes and businesses, serves San Francisco, Miami, Boston, Chicago, and San Diego
Andrew Cunningham / Ars Technica:
macOS Sierra in detail: changes to Messages, Safari and other native apps, Continuity, Siri, iCloud Drive, Apple Watch unlocking, Gatekeeper, more
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