Techmeme
October 25, 2016, 11:35 AM

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.
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 …
Mark Gurman / Bloomberg:
IHS estimates the Pixel XL 32GB model smartphone, which retails for $769, has a total build of materials and manufacturing price of $285.75  —  Google's new line of Pixel phones have the shape, pricing, and some of the features of Apple Inc.'s iPhone, but critically for investors, they also have Apple-like margins.
More: Bloomberg
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.
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.
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.
Greg Kumparak / TechCrunch:
Navdy's smartphone-connected heads-up display for your car starts shipping for $799  —  We got our first glimpse of Navdy's smart heads-up display for cars back in 2014, when the company crowdfunded its way to around two and a half million dollars.  —  Two years and around $26 million …
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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