Techmeme
October 18, 2016, 8:55 AM

Top News

Bloomberg:
Sources: Apple's car team gets late 2017 deadline to prove feasibility of the self-driving system, amid hundreds of job cuts and strategy disagreements  —  Company to decide fate of self-driving platform by late 2017  —  Hundreds of software, hardware engineers leave amid struggles
Alex Webb / Bloomberg:
Carnegie Mellon AI expert Russ Salakhutdinov hired as a new director of AI research at Apple, says he'll continue to do work at CMU  —  Russ Salakhutdinov tweets he's now a director of AI research  —  Apple has struggled to attract top AI talent due to secrecy
Sarah Perez / TechCrunch:
Google Flights will now tell you when fares are likely to increase and help you find cheaper tickets  —  Google's airfare search destination Google Flights already offered a variety of features aimed at helping you find low-cost tickets, but today it's rolling out one more …
Peter Kafka / Recode:
Y Combinator boss Sam Altman says he's not going to cut ties with Peter Thiel for supporting Donald Trump  —  “Cutting off opposing viewpoints leads to extremism and will not get us the country we want.”  —  The head of Silicon Valley's most famous startup factory says he's sticking with Peter Thiel …
April Glaser / Recode:
Matthew Lynley / TechCrunch:
Netflix beats expectations, adding 3.2M global subscribers vs. 2M expected and 370K domestic subscribers vs. 304K for the quarter; stock up over 20% after hours  —  Netflix is finally breaking off from its slowing subscriber growth trend as it posted a huge quarter that beat both its own, and Wall Street's, expectations.
Matt Humrick / AnandTech:
Qualcomm announces X50 5G modem, enabling 5Gbps downloads and arriving in products in 2018, and says smartphones with X16 gigabit LTE modems coming in 2017  —  Qualcomm made three announcements about connectivity products today at it 2016 4G/5G Summit in Hong Kong.
Ingrid Lunden / TechCrunch:
Razer acquires audiovisual icon THX as it explores growth beyond the games industry  —  Razer, the company that develops hardware and services for gamers and the world of gaming, has made an acquisition to catapult it to more platforms and more people: The company has acquired THX …
Larry Dignan / ZDNet:
IBM reports Q3 revenue of $19.2B, flat YoY; cloud as a service annual run rate now at $7.5B, up 66% from last year  —  IBM's strategic imperatives—new businesses that are getting investment—are starting to offset slower units.  —  IBM reported a better-than-expected third quarter …
Alan Travis / Guardian:
UK court rules that bulk personal data collection by GCHQ from 1998 to 2015 was illegal under ECHR, but collection is now compliant after 2015 government avowal  —  Investigatory powers tribunal says agencies operated secret regimes to collect vast amounts of communications data for 10 years
Jon Brodkin / Ars Technica:
FTC says it may lose ability to effectively regulate companies like Comcast, Google, and Verizon unless ruling from AT&T case is overturned on appeal  —  FTC seeks to reverse AT&T ruling that may gut consumer protection authority.  —  The Federal Trade Commission is worried …
Benjamin Mayo / 9to5Mac:
KGI's Ming-Chi Kuo estimates that 5-7M ex-Galaxy Note7 orders will convert into iPhone 7 sales, predominantly iPhone 7 Plus  —  Apple appears to the be the primary beneficiary of the Samsung Galaxy Note 7 recall blunders, with replacement devices also prone to catching fire which eventually resulted …

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