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Techmeme
August 8, 2016, 3:15 PM
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Mark Gurman / Bloomberg:
Sources: new iPhones to be unveiled next month with haptic feedback on the home button, no headphone jack, and a dual-camera system on the larger model  —  Apple shifts from two-year redesign cycle for latest models  —  New camera on larger phone sharpens low-light photographs
Walmart:
Walmart to buy Jet.com for $3B in cash and $300M in stock  —  Deal Positions Walmart for Expanded e-Commerce Growth and Customer Reach  —  Wal-Mart Stores, Inc. and Jet.com, Inc. today announced they have entered into a definitive agreement for Walmart to acquire Jet for approximately $3 billion in cash …
Jason Del Rey / Recode:
Sources: Jet CEO Marc Lore will run Walmart's US e-commerce operations after the acquisition closes  —  Jet.com CEO Marc Lore will also run Walmart.com  —  Walmart, the world's largest retailer, announced it will acquire two-year-old online retailer Jet.com for $3.3 billion in cash and stock …
Joe Rossignol / MacRumors:
KGI: Apple Watch 2 coming later this year with GPS, barometer, similar form factor, faster processor, superior waterproofing, and a higher capacity battery  —  KGI Securities analyst Ming-Chi Kuo issued a research note to investors today in which he predicts an all-new Apple Watch 2 …
Todd Spangler / Variety:
Hulu phases out its own free streaming service, inks deal with Yahoo to provide TV episodes to Yahoo View, Yahoo's new ad-supported TV streaming site  —  Hulu inks deal with Yahoo to provide free, ad-supported episodes of TV shows  —  Hulu is moving to an all-subscription model …
Zack Whittaker / ZDNet:
Researchers disclose four Qualcomm chipset driver flaws dubbed “Quadrooter” allowing malicious apps to gain root access on Android phones with Qualcomm chipsets  —  All versions of Android are vulnerable to these flaws, which won't be fully patched until the September security release next month.
Muntazir Abbas / The Economic Times:
Facebook completes pilot roll-out of 125 rural public Wi-Fi hotspots in India and is in talks with ISPs to expand its Express Wi-Fi program  —  NEW DELHI: Social networking giant Facebook is in talks with Internet service providers (ISPs) to expand its Express WiFi programme into a commercial launch …
Ingrid Lunden / TechCrunch:
Technology Crossover Ventures closed $2.5B fund, TCV IX, for growth-stage investments  —  Technology Crossover Ventures, the VC firm that has backed the likes of Facebook, Spotify, LinkedIn, WorldRemit and Zillow, as well as more recent nascent investments, has closed a fund …

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This is a Techmeme archive page. It shows how the site appeared at 3:15 PM ET, August 8, 2016.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Michael M. Grynbaum / New York Times:
Sources: Bari Weiss skipped five 60 Minutes CECOT screenings; after her edits were added on Thursday, she asked on Friday to add a Stephen Miller interview

Rebecca Rubin / Variety:
Disney crosses the $6B milestone at the box office for the first time since the COVID-19 pandemic; no other studio has managed to reach $6B since 2015

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