Techmeme
December 1, 2016, 7:20 PM

Top News

Kurt Wagner / Recode:
AngelList has acquired Product Hunt, sources say for about $20M; Product Hunt will continue as a standalone site  —  Product Hunt will continue to operate as a standalone site.  —  AngelList, the company that helps investors find startups to invest in, has acquired Product Hunt …
Bloomberg:
Sources: Apple improving maps to better compete with Google, deploying drones to monitor roads and using Indoor.io, which it bought in 2015, for indoor mapping  —  Company gets FAA approval to use drones for data collection  —  Apple acquired startup Indoor.io for interior mapping project
Brian Heater / TechCrunch:
HMD Global completes 10-year deal with Nokia to bring Nokia-branded devices to market; HMD says new smartphones are coming in the first half of 2017  —  It's been a rough decade or so for Nokia's smartphone business.  In 2011, then-CEO Stephen Elop famously described the company's situation as a …
Todd Bishop / GeekWire:
Amazon debuts AWS Shield, its Cloudflare competitor, to protect against DDoS attacks, and offers two tiers; basic version will be on by default  —  A little more than a month after a massive online assault took down Reddit, Netflix, Twitter and other major online properties …
TechCrunch:
Report: Fitbit to acquire Pebble, will shutter company over time; source says deal is worth $34-40M, below Citizen's $740M 2015 offer, Intel's $70M 2016 offer  —  It looks consolidation is acoming to the wearables space with Fitbit set to acquire smartwatch maker and multi-million-dollar …
Dan Seifert / The Verge:
Lenovo's Moto says it doesn't plan on releasing a new smartwatch in the near future  —  Don't expect a new Moto 360 any time soon  —  Moto today confirmed that it will not be releasing a new smartwatch for the launch of Android Wear 2.0, due early next year.
Ken Yeung / VentureBeat:
Twitter acquires Yes Inc., hires ex-Google product director and Yes CEO Keith Coleman as VP of product; Yes apps to be shut down over next few weeks  —  Twitter has acquired the app maker Yes in a move designed to encourage its users to get better acquainted with each other around events.
Eric Ravenscraft / Lifehacker:
Plex Media Player, previously a subscriber-only offering, is now available for all users; Kodi add-on launches for Plex Pass subscribers  —  Plex and Kodi are two of our favorite home theater apps, and now you can get both of them together.  Plex just announced its new Kodi add-on so you can include your Plex library in Kodi.

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