Techmeme
July 24, 2016, 11:45 PM

Top News

Kara Swisher / Recode:
Sources: Yahoo informs others that Verizon has won the bidding process; a deal of about $5B expected to be announced by Monday  —  Verizon and Yahoo are set to announce that they are striking an acquisition deal, according to sources close to the situation.  The news is expected by Monday, although that could come earlier or later.
Rose Eveleth / Fusion:
Police asked this 3D printing lab to recreate a dead man's fingers to unlock his phone  —  Last month, law enforcement officers showed up at the lab of Anil Jain, a professor at Michigan State University.  Jain wasn't in trouble; the officers wanted his help.
Brian Crecente / Polygon:
Pokémon Go sets App Store record for most downloads in its first week, Apple confirms  —  CLASH OF WHAT NOW?  —  There is still no official word on the number of times the incredibly popular Pokémon Go game has been downloaded, but Apple today confirmed to Polygon that the game has broken a record.
Matthias Verbergt / Wall Street Journal:
Spotify launches programmatic ads, lets advertisers target its 70M non-paying users by age, gender, genres, and playlists globally  —  STOCKHOLM—Swedish music-streaming company Spotify AB on Wednesday launched programmatic ad buying for all its markets, allowing advertisers to target …
David Ruddock / Android Police:
Sources: Cyanogen Inc. is undergoing major layoffs, may “pivot” to apps  —  We're hearing from multiple sources that Cyanogen Inc. is in the midst of laying off a significant portion of its workforce around the world today.  The layoffs most heavily impact the open source arm of the Android ROM-gone-startup …
Bloomberg:
Nintendo shares fall 16% in early trading in Japan after the company warned on Friday that the financial impact of Pokémon Go will be limited  —  Shares can fall as much as 18 percent today, per exchange rule  —  Nintendo's U.S.-listed shares dropped 11 percent on Friday
Cody Toombs / Android Police:
Google Maps is rolling out Wi-Fi only mode and mass transit delay notifications to some users  —  A couple of very useful features have started rolling out to a few lucky Google Maps users in the last couple of days.  If you've been following along with our APK Teardowns …
Leena Rao / Fortune:
Jet.com execs talk about first 12 months since launch, future plans, say company is now on a $1.1B annual run rate  —  A year ago yesterday, Jet.com, the e-commerce upstart gunning for Amazon, opened for business.  It premiered with a huge amount of hype after getting hundreds of millions …
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