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January 12, 2017, 9:50 AM
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Top News

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 …
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 …
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.
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.
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 …
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.
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 …

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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

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Trip Gabriel / New York Times:
R. Bruce Dold, a Pulitzer Prize-winning journalist at the Chicago Tribune, where he became editor-in-chief and publisher, is dead at 70

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
Mathew Ingram / Fortune:
Instagram will put full-screen, auto-playing, skippable ads in its Stories feature, which now has 150M daily active users five months after launch
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