Techmeme
April 11, 2017, 7:25 AM

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.
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 …
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  —  LeEco is no longer buying Vizio.  Today the companies jointly announced that “the merger agreement to acquire Vizio will not proceed due to regulatory headwinds.”
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.pinionsTweets: @stevekovach
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.
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  —  Service said to include NBC programs, perhaps SyFy, Bravo, USA  —  Regulatory restrictions hamstring cable giant until next year
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

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up  —  Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:25 AM ET, April 11, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Bart Jansen / USA Today:

Earlier Picks

Aaron Pressman / Fortune:
Mary Jo Foley / ZDNet:
Nate Lanxon / Bloomberg: