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October 11, 2016, 7:05 PM
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Yoolim Lee / Bloomberg:
Samsung ends production of the Galaxy Note7 after global recall due to battery fires; shares fell 8% wiping out $17B of market value before termination news  —  Samsung Electronics Co. is ending production of its problematic Galaxy Note 7 smartphones, taking the drastic step of killing off …
Samsung Global Newsroom:
Samsung tells owners of Galaxy Note7 to stop using device, asks global carrier and retail partners to stop sales and exchanges of the phone
Hamza Shaban / BuzzFeed:
Apple and Samsung argue patent case before Supreme Court; justices challenge value of design patents, which Samsung was found to have infringed  —  Several Supreme Court justices challenged Samsung's argument on Tuesday that the company should owe Apple less than $399 million for infringing on the design of the iPhone.
Matt Cagle / ACLU of Northern California:
Facebook, Instagram, and Twitter gave data access to domestic surveillance firm Geofeedia; all have blocked access after ACLU shed light on the relationship  —  Privacy and Government Surveillance, Racial Justice, Technology and Civil Liberties  —  The ACLU of California has obtained records showing …
Todd Bishop / GeekWire:
Report: Amazon to expand grocery business with new convenience stores and curbside pickup, exclusively for AmazonFresh subscribers  —  Look out, 7-Eleven: Amazon's push into brick-and-mortar retail is getting serious.  —  The e-commerce giant is considering building its own convenience stores …
Ken Yeung / VentureBeat:
Google acquires FameBit to better connect YouTube creators with brands  —  Google announced on Tuesday that it has acquired FameBit, with plans to leverage its technology platform to help YouTube creators better connect with brands.  Financial terms of the deal were not disclosed.
Frederic Lardinois / TechCrunch:
Facebook partners with Google, others to launch Yarn, a new open-source JavaScript package manager, which uses npm's registry but replaces the npm client  —  Facebook today launched Yarn, a new package manager for JavaScript.  If you've every worked with JavaScript and Node.js …

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From Mediagazer

Wall Street Journal:
Sources: WBD is preparing to tell its shareholders to reject Paramount's latest offer and plans to recommend they support the existing deal with Netflix

Todd Spangler / Variety:
E.W. Scripps' board unanimously rejects Sinclair's unsolicited acquisition proposal of $7 per share in cash and stock, offered in November

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

More News

Aaron Pressman / Fortune:
Sprint plans to give away 1M devices with 3GB/month of mobile data to US high school students in low-income households, over five years

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