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January 12, 2017, 10:50 AM
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Wall Street Journal:
Sources: Apple planning push into original TV shows and movies for Apple Music subscribers, hopes to share viewer metrics and demographic data with producers  —  Apple is planning to build a significant new business in original television shows and movies, a move that could make it a bigger player …
Seth Weintraub / 9to5Google:
Alphabet's Titan high-altitude drone program has been shut down after being rolled into X in late 2015; 50+ employees disperse to other units  —  In 2014, Google bought Titan Aerospace, maker of high altitude, solar-powered drone aircraft.  At the time Google noted, “It's still early days …
Horace Dediu / Asymco:
iOS devices and services will have generated Apple over $1T in revenue between 2007 and the end of 2017, with developer payments currently at $20B+ per year  —  In its first 10 years, the iPhone will have sold at least 1.2 billion units,[1] making it the most successful product of all time.
Fitz Tepper / TechCrunch:
Camera drone maker Lily will shut down and refund customers; after $14M Series A and $34M in preorders, says it failed to raise funds for production  —  Lily, the autonomous camera drone that sold a whopping $34 million in preorders, has announced it is shutting down.
Maureen Dowd / New York Times:
Peter Thiel talks Donald Trump, Silicon Valley, and more in a wide-ranging interview  —  Let others tremble at the thought that Donald J. Trump may go too far.  Peter Thiel worries that Mr. Trump may not go far enough.  —  “Everyone says Trump is going to change everything way too much …
Jon Brodkin / Ars Technica:
In his final days as FCC chairman, Tom Wheeler accuses AT&T and Verizon of violating net neutrality over paid data cap exemptions, in a letter to senators  —  Paid zero-rating in crosshairs, but it won't matter once Trump is president.  —  With just over a week left as chairman …
Frederic Lardinois / TechCrunch:
Opera launches Neon, an experimental browser for Windows and Mac that aims to showcase its vision for the future of the web  —  Browsers have gotten boring.  After a flurry of innovation, especially around the time Google launched Chrome, things slowed down over the last few years.
Anna Irrera / Reuters:
UK P2P lending marketplace Funding Circle raises $100M led by Accel  —  Funding Circle, a peer-to-peer lending marketplace used by small- and medium-sized companies, has raised $100 million in an investment round led by venture capital firm Accel.  —  Existing investors including Baillie Gifford …
Farhad Manjoo / New York Times:
The broad choice of media on services like Netflix increasingly means entertainment is fragmented and bespoke, a break from a TV-centric past  —  When “One Day at a Time” started its run on CBS in December 1975, it became an instant hit and remained so for almost a decade.
Jessica Guynn / USA Today:
Profile of Precursor Ventures, a VC firm which has raised $15.3M, funded more than 50 startups, and is focused on investing in underrepresented minorities  —  SAN FRANCISCO — Precursor Ventures is not yet a big name in venture capital, but it's taking on a big mission …

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Financial Times:
OpenAI hopes the Disney deal boosts Sora, which has high costs and limited traction; Sensor Tower: users average 13 minutes per day on Sora vs. 90 on TikTok

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

More News

Mike Masnick / Techdirt:
Techdirt's existence is threatened by costs of fighting $15M libel suit brought by Shiva Ayyadurai, represented by Charles Harder, who won against Gawker
Brian Heater / TechCrunch:
JetBlue completes its rollout of Fly-Fi, with free high-speed Wi-Fi on all planes

Earlier Picks

Ken Yeung / VentureBeat:
Twitter says it will shut down Dashboard, its iOS and desktop account management app, on February 3, six months after launch
Fidji Simo / Facebook Media:
Facebook introduces the Facebook Journalism Project to collaborate with news organizations on products, offer training to reporters, and try to curb fake news
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