Techmeme
October 13, 2016, 9:05 AM

Top News

Jason Koebler / Motherboard:
Samsung says it won't refurbish Note7s, choosing to “safely dispose” of them, which creates waste, loses rare earth elements, and could harm the environment  —  Lost in the hype about Samsung permanently pulling the plug on its exploding phone is this: The failure of the Galaxy Note 7 …
Steve Dent / Engadget:
Samsung offers $100 credit to exchange Galaxy Note7 for another Samsung phone, $25 for other brands; expands recall to include original and replacement devices  —  In an attempt to keep users, Samsung is issuing a $100 credit to exchange the defective Galaxy Note 7 for a Galaxy S7 Edge or other Samsung device.
Sam Byford / The Verge:
Samsung cuts profit forecast by 33% for Q3 from $7B to $4.6B, revenue expectations from $44B to $41.8B, following Galaxy Note7 crisis  —  Samsung issued earnings guidance last week that suggested the calamitous Galaxy Note 7 recall wouldn't have a major impact on the company's bottom line …
Scott Dadich / Wired:
Interview with Barack Obama and MIT Media Lab director Joi Ito on AI and its impact on society, medical research, self-driving cars, and more  —  IT'S HARD TO think of a single technology that will shape our world more in the next 50 years than artificial intelligence.
Walt Mossberg / Recode:
Apple wasted its lead with Siri and now has an intelligent assistant that is too limited and unreliable to be an effective tool in coming AI wars  —  I've been familiar with Siri longer than most people.  Way back in 2009 — two years before Apple incorporated the intelligent digital assistant …
Bloomberg:
Sources: Snap Inc. has chosen Morgan Stanley and Goldman Sachs as the lead bankers for its IPO, which is expected as soon as March 2017  —  Company's public market listing could happen as soon as March  —  JPMorgan, Deutsche Bank, Allen & Co. also involved in offering
Caitlin Dewey / Washington Post:
The Washington Post tracked Facebook's Trending Topics section over three weeks, uncovering five fake stories and three profoundly inaccurate ones  —  The Intersect ran a little experiment a few weeks ago: During the work day, we'd check in with Facebook each hour, on the hour …
Ron Amadeo / Ars Technica:
Verizon and Google say Verizon's Pixels will get OS updates and security patches at the same time as those sold by Google  —  Verizon apparently has turned over a new leaf and “won't stand in the way of updates.”  —  Update 2: Google agrees!  The company told Ars “OS updates …
Jordan Novet / VentureBeat:
Google, Facebook, Pacific Light Cable Network partner to lay undersea cable between LA and Hong Kong which will transfer data at 120 terabits/sec, open in 2018  —  Google said today that it's working with Facebook and China Soft Power Technology Holdings subsidiary Pacific Light Data Communication …
Niraj Chokshi / New York Times:
Facebook's voter registration reminder, displayed for four days in Sept., caused near-record levels of registration, at least nine secretaries of state say  —  A 17-word Facebook reminder contributed to substantial increases in online voter registration across the country, according to top election officials.
Eric Newcomer / Bloomberg:
Meal-delivery startup Munchery is looking to replace its CEO, Tri Tran, as it struggles to raise money during a search for a profitable business model  —  Existing backers have struggled to attract big new investors  —  Other food-delivery businesses are still losing money

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