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October 25, 2016, 10:45 AM
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Top News

Sarah Frier / Bloomberg:
Sources: Twitter may cut 8% of workforce, or 300 people, as soon as this week  —  Twitter Inc. is planning widespread job cuts, to be announced as soon as this week, according to people familiar with the matter.  —  The company may cut around 8 percent of the workforce, or about 300 people …
Vlad Savov / The Verge:
Xiaomi unveils 6.4" all-ceramic Mi Mix flagship phone with edgeless screen, Snapdragon 821, 4400mAh battery, goes on sale in China November 4 for $516  —  The Mi Mix is a 6.4-inch lucid dream that's going on sale in China next month for $520  —  Nothing says sci-fi like a bezel-less screen …
Tom Warren / The Verge:
What to expect at Microsoft's October 26 event: Surface all-in-one PC, details of upcoming Windows 10 updates, Microsoft Paint app with 3D, new HoloLens demos  —  Microsoft is returning to New York City this week to host a special press event on October 26th.
iFixit:
Google Pixel XL teardown reveals little HTC branding, a 6/10 repairability score due to fragile screen, but most components are modular and easy to replace  —  Tools Featured in this Teardown  —  Introduction  —  Today marks our first ever teardown of a phone designed entirely by Google: the Pixel XL.
Alex Davies / Wired:
Uber's Otto self-driving truck makes its first delivery of 50K beer cans in a 120-mile run across Colorado  —  Walt Martin is kneeling, legs folded behind him, butt resting on his heels.  “I've got to practice my yoga,” he says, clearly joking.  Never mind that we're in the cab …
Ken Yeung / VentureBeat:
Alexis Ohanian, Garry Tan, and Harj Taggar's VC firm Initialized Capital raises $115M for its third fund for early stage startups  —  Initialized Capital, an early stage venture capital firm started by former Y Combinator partners Alexis Ohanian, Harj Taggar, and Garry Tan, has raised $115 million for its third fund.
Jason D. Rowley / Mattermark:
Google acquires Eyefluence, an eye-tracking tech firm for AR and VR  —  tl;dr: Google has acquired Eyefluence, which has developed a suite of eyeball-sensing technologies for AR and VR, for an undisclosed sum.  —  Today, Eyefluence quietly announced on its website that it has been acquired by Google.
Sarah Kessler / Fast Company:
Profile of “Silicon Valley's favorite political fixer” Bradley Tusk, who helped Uber overcome regulatory hurdles in major cities across the US  —  Tusk has been called the “Uber lobbyist” and “Silicon Valley's favorite political fixer.”  Does he want something more?  —  5 images
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 …
Blaise Zerega / VentureBeat:
Paxata gets $33.5M Series D led by Intel Capital for machine learning for information management, with Microsoft Ventures, In-Q- Tel, Accel, more participating  —  Paxata today announced it has raised $33.5 million to bolster the machine learning and semantic analysis foundations of its enterprise information platform.

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From Mediagazer

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

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

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

More News

Earlier Picks

Romain Dillet / TechCrunch:
Apple releases iOS 10.1 with the iPhone 7 Plus' Portrait mode, which is still in beta
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
Peter Kafka / Recode:
The New York Times acquires online consumer guide The Wirecutter, founded by former Gizmodo editor-in-chief Brian Lam; sources say NYT will pay more than $30M
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