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October 24, 2016, 5:30 PM
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Peter Kafka / Recode:
The New York Times is buying online consumer guide The Wirecutter, founded by former Gizmodo editor-in-chief Brian Lam; sources say NYT will pay more than $30M  —  Brian Lam sells his online consumer guide to the paper of record.  —  Amelia Krales for Recode
Se Young Lee / Reuters:
Samsung: South Korean customers who exchanged their Galaxy Note7 for an S7 will be able to trade for Galaxy Note8 or S8 next year at 50% of the cost of their S7  —  Samsung Electronics Co Ltd said on Monday it is offering an upgrade program to Galaxy Note 7 customers in South Korea who trade …
Wall Street Journal:
Samsung's rushed replacement of Galaxy Note7 before finding the root cause of fires doomed the smartphone  —  On the verge of challenging Apple's mobile phone dominance, the South Korean company made a rushed decision, based on incomplete evidence, that later forced it to kill the model.
Reuters:
In wake of botnet DDoS attack on DynDNS, Hangzhou Xiongmai issues US recall of webcam models that had easy-to-guess default passwords  —  Chinese firm Hangzhou Xiongmai Technology Co Ltd said it will recall some of its products sold in the United States after it was identified by security researchers …
Michael Kan / PCWorld:
Hangzhou Xiongmai admits its products were part of Mirai botnet, says it patched the flaws in September 2015 but older devices still vulnerable
Romain Dillet / TechCrunch:
Apple releases iOS 10.1 with the iPhone 7 Plus' Portrait mode, which is still in beta  —  Apple has just released the first significant update for iOS 10.  As expected, the main focus of iOS 10.1 is that insane Portrait mode for the iPhone 7 Plus.  The update is rolling out and is available …
Sarah Perez / TechCrunch:
IDC: Q3 smartwatch shipments down 51.6% YoY to 2.7M with Apple Watch down 72% YoY to 1.1M units, but the impact of new Apple Watch models remains to be seen  —  Maybe not everyone is convinced they need a smartwatch?  According to a new industry report from IDC out this morning …
Chris O'Brien / VentureBeat:
Intel Capital leads $15 million round for Chronocam to develop visual sensors for cars, drones, and robots  —  Chronocam, a maker of advanced vision sensors, announced today it has raised $15 million in venture capital in a round led by Intel Capital.  —  The announcement came as part of the Intel Capital Global Summit in San Diego.
David Henry / Reuters:
19 US banks to offer a money-transfer app Zelle with instant deposits by early next year, to compete against PayPal, Venmo, and Square Cash  —  By the end of December some U.S. bank customers may begin to notice features of the new Zelle instant payments network appearing on their mobile phone …
Matt Burgess / WIRED UK:
Microsoft will raise cloud computing prices in UK by up to 22% in January, in wake of Brexit  —  Microsoft cloud computing prices will rise by up to 22% due to the EU referendum  —  Starting next year, Microsoft will raise the prices of its enterprise software and cloud services because of the drop in the value of the currency.

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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

David Ingram / NBC News:
Hyundai says it is pausing ads on X, after one ad appeared next to antisemitic and pro-Nazi content; the ad appeared on a user profile that had 55K+ followers

New York Times:
Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance

Sara Fischer / Axios:
CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M

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