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Techmeme
July 18, 2016, 10:25 AM
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Top News

Financial Times:
SoftBank agrees to acquire ARM Holdings for £24.3B at £17 per share, a 43% premium over last week's closing price  —  Japan's SoftBank has agreed to acquire Arm Holdings, the UK's pre-eminent technology company, for £24.3bn in an enormous bet by the Japanese telecoms group …
Georgia Wells / Wall Street Journal:
Facebook shows little progress in diversity report, blames lack of available talent  —  Many observers say talent pipeline isn't primary factor  —  Facebook Inc. said Thursday that it made meager increases in the number of women and minorities working at the social-network giant …
Aaron Souppouris / Engadget:
Sources: Google is working on a headset with a display that will offer AR features and does not require a phone or computer to power it  —  Yesterday Recode published an article suggesting Google has killed a VR project that would have directly competed with high-end headsets like the Oculus Rift.
Lizzie Plaugic / The Verge:
Google's diverse emoji for women at work approved by Unicode Consortium  —  Back in May, Google proposed 13 new emoji meant to better represent women in professional fields, and now 11 of those emoji have been approved by the Unicode Consortium.  The new emoji, including a chef, a graduate …
the grugq:
Attempted coup's failure to block internet in Turkey allowed President Erdogan and civilians to organize resistance through FaceTime, Periscope, Facebook Live  —  Rewriting the rulebook on coups, time to add cyberpower  —  Mere hours after the putsch in Turkey has failed, it is still too early to understand exactly what went on.
Devin Coldewey / TechCrunch:
Facebook, Twitter, and YouTube were temporarily blocked or slowed in Turkey during military coup attempt
Matt Turck:
VC at FirstMark on the history of NYC tech ecosystem and why he thinks the ecosystem is slowly catching up to the hype and maturing  —  I'm fascinated by tech ecosystems, and the network effects behind them.  I wrote about Berlin (here) and about Paris (here) But of course …
Kim Nash / Wall Street Journal:
IBM launches platform to let companies test using blockchain technology for supply chain record-keeping  —  IBM's new service will help companies experiment with using the online ledger technology to track high-value goods as they move through supply chains.  Among the first users: a firm that tracks diamonds.

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From Mediagazer

Daniel Thomas / Financial Times:
ITV says advertising revenues from the World Cup are about 30% higher than those from Euro 2024; Telemundo says it sold out of key World Cup ad inventory

Sarah Rumpf / Mediaite:
The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates

Natalie Korach / Status:
Sources: Lesley Stahl has inked a new two-year contract to remain a correspondent on 60 Minutes; her most recent deals were year-to-year

More News

Reggie Ugwu / BuzzFeed:
Inside the small teams at Spotify, Google, and Apple that make tens of thousands of playlists listened to by tens of millions of people around the world

Earlier Picks

Ben Sisario / New York Times:
In a non-public filing with the US Copyright Royalty Board, Apple proposes simplified flat rate of 9.1¢ per 100 streams in songwriting royalties
Sarah Perez / TechCrunch:
Netflix launches Flixtape, a tool for making shareable mixtape-like short playlists for shows and movies
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