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Techmeme
April 11, 2017, 10:25 AM
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Top News

Ina Fried / Axios:
Qualcomm responds to Apple suit over patent licensing and files countersuit including charge of limiting performance of Qualcomm modem chips in iPhone 7  —  Qualcomm formally responded to a lawsuit from Apple on Monday, rejecting the iPhone maker's claims and launching its own countersuit.
Eileen Naughton / Google:
Google releases pay methodology to defend its compensation practices, says there is no gender pay gap  —  Pay equity is a huge issue, not just for Silicon Valley companies, but across every industry in every country.  —  It's very important to us that men and women who join Google …
Barry Schwartz / Search Engine Land:
Google's image search results for mobile web and the Android Search app now display “similar items” to purchase  —  Google's image search results on the mobile web and in the Android Search app are now showing “similar items” — i.e., if you're looking at “lifestyle” …
David Ingram / Reuters:
Facebook COO Sheryl Sandberg says company has 5M monthly advertisers, up from 3M in March 2016  —  Facebook Inc (FB.O) plans to announce on Monday that more than 5 million businesses are advertising on the social network each month and that it is updating its suite of ad services to try …
Selina Wang / Bloomberg:
Source: LeEco missed its $100M US sales goal in 2016, generating less than $15M, will eliminate 175 of 475 jobs in US  —  Chinese tech firm falls far short of $100 million revenue goal  —  U.S. ambitions also hindered by collapse of deal to buy Vizio  —  Chinese technology conglomerate LeEco Inc …
More: Tech Times and Tech.pinions.  Tweets: @stevekovach
Chris Welch / The Verge:
LeEco calls off its $2B purchase of TV maker Vizio, instead forming “partnership” that brings Le app to some Vizio devices and Vizio products to China
Business Insider:
Sources: Magic Leap last spring quietly acquired game studio FuzzyCube Software, which had fewer than ten employees  —  Magic Leap is beefing up its ranks with artists and animators from an Oscar-winning studio and veteran game designer, in a sign that the $4.5 billion company believes content …
More: SlashGear
Ryan Lawler / TechCrunch:
Freestyle Capital has raised $90M for its fourth fund and promoted Jenny Lefcourt to general partner  —  Freestyle Capital has raised its fourth fund to invest in early-stage startups.  This time around the firm is increasing the fund size to $90 million and promoting Jenny Lefcourt to general partner.
Andrew E. Kramer / New York Times:
At FBI's request, Spain arrests a visiting Russian, Peter Levashov, who infosec experts say is an e-mail spam kingpin known as Peter Severa  —  MOSCOW — He refused to meet business associates in person and never talked on the phone, preferring instead to communicate via encrypted messaging services.

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From Mediagazer

Steven Portnoy / ABC News:
Members of the Senate Commerce Committee accused FCC Chairman Brendan Carr of making “mafia threats” and encroaching on broadcasters' First Amendment rights

Associated Press:
A US federal judge denied Sarah Palin's bid for a new libel trial against the NYT and rejected her motion for his recusal, after a jury found no libel in April

Ivan Mehta / TechCrunch:
Meta is testing limiting Facebook professional accounts and Pages to posting just two links per month, unless they subscribe to $14.99+/month Meta Verified

More News

Bloomberg:
Sources: Comcast plans to debut an online video service offering hit shows from its NBCUniversal TV networks in the next 12 to 18 months

Earlier Picks

Bart Jansen / USA Today:
FCC Chairman Ajit Pai seeks to keep voice-call ban on planes, taking off the table a 2013 proposal to reverse it
Aaron Pressman / Fortune:
AT&T to acquire wireless carrier Straight Path in $1.6B deal for its spectrum, ahead of 5G push, paying almost 3x Straight Path's stock price
Mary Jo Foley / ZDNet:
Microsoft to buy Kubernetes container-orchestration vendor Deis
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