Techmeme
August 8, 2016, 6:15 PM

Top News

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 …
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
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 …
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 …
Wall Street Journal:
Power outage at Atlanta data center disrupts Delta's global computer systems, resulting in widespread flight delays and 450+ cancellations  —  U.S. carrier says global computer system brought down by power outage in Atlanta  —  Delta operations world-wide were disrupted by a systems outage on Monday
Brian Krebs / Krebs on Security:
Hundreds of computer systems breached at Oracle, including the customer service portal for its MICROS POS CC payment service; Oracle prompts password resets  —  A Russian organized cybercrime group known for hacking into banks and retailers appears to have breached hundreds of computer systems …
Ingrid Lunden / TechCrunch:
Google buys Orbitera, a platform for buying and selling cloud-based software; source says Google paid $100M+  —  Google today announced another acquisition that will help the company improve how it competes against Amazon's AWS, Salesforce and Microsoft in the area of enterprise services …
Rick Tetzeli / Fast Company:
In wide-ranging interview, Apple execs say 2012 Maps debacle led to public beta testing for new iOS releases  —  iPhone sales have slumped, stock is down, and pundits insist Apple is a tech laggard.  But the company may be stronger than ever.  —  Eddy Cue doesn't look like a man in the midst of his toughest year in decades.
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 …

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Zack Whittaker / ZDNet: