Techmeme
December 16, 2016, 3:45 AM

Top News

Mike Isaac / New York Times:
To fight fake news, Facebook tests easier hoax reporting, uses third-party fact checkers to flag stories, punishes stories shared less after being read, more  —  For weeks, Facebook has faced questions about its role in spreading fake news.  The intense scrutiny has caused internal divisions …
Josh Constine / TechCrunch:
Fake stories flagged by two or more unpaid third-parties like Snopes and AP will get warning labels, lower ranking on News Feed, but will remain shareable  —  Snopes, FactCheck.org, Politifact, ABC News, and AP will help Facebook make good on four of the six promises Mark Zuckerberg …
Oliver Darcy / Business Insider:
Kara Swisher / Recode:
Inside Trump's tech summit: Nadella talks immigration, Sandberg brings up STEM, and Bezos raises China; execs say Trump's kids involvement was inappropriate  —  It's almost like Recode was in the air duct at Trump Tower.  —  The leaders of tech were closemouthed about their meeting …
Juli Clover / MacRumors:
Greg Chiemingo / Evernote Blog:
Evernote backtracks, will no longer change its privacy policy in January after user backlash, will not let employees read notes unless users opt-in  —  “Trust is at the heart of our service.  That means we need to be transparent, admit our missteps, and commit to making the Evernote experience …
Tiernan Ray / Tech Trader Daily:
Oracle reports $9B Q2 revenue, with SaaS and PaaS revenue up 81% YoY to $878M, IaaS up 6% YoY to $175M; firm says it beats Salesforce in cloud computing revenue  —  Database giant Oracle (ORCL) this afternoon reported fiscal Q2 revenue slightly below consensus, and beat by a penny on the bottom line …
Rhea Mahbubani / NBC Bay Area:
Uber says one of its self-driving cars ran a red light in San Francisco “due to human error”  —  It's day one of Uber's self-driving car test in San Francisco, and already trouble is brewing amidst reports of vehicles running red lights and California regulators threatening legal action.
Chris Welch / The Verge:
Verizon will roll out update for Galaxy Note 7 that disables device on January 7, after previously saying it would not  —  Waiting until after the holidays  —  Verizon has just announced that it plans to roll out Samsung's upcoming Note 7 update, which permanently stops the recalled smartphone …
Kirsten Korosec / Fortune:
General Motors CEO Mary Barra says the automaker will immediately begin testing self-driving vehicles on public roads in Michigan  —  General Motors CEO Mary Barra on Thursday said the automaker will immediately begin testing self-driving vehicles on public roads in Michigan just days …
Bloomberg:
Source: Verizon is looking to get a price cut or exit the $4.8B Yahoo deal after company discloses 1B accounts hacked in 2013; Yahoo stock down 5%+  —  Verizon Communications Inc. is exploring a price cut or possible exit from its $4.83 billion pending acquisition of Yahoo! Inc. …
Josh Constine / TechCrunch:
Facebook Messenger adds Snapchat-like photo filters, including “3D masks”, special effects, stickers, more  —  What's better than a few geofilters?  A billion algorithmically generated filters.  That's Facebook Messenger's strategy to steal the visual communication crown from Snapchat …

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Russell Brandom / The Verge:
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