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May 1, 2017, 11:10 PM
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Top News

Tony Romm / Recode:
Trump is launching a new tech group, the American Technology Council, to “transform and modernize” the US government, led by ex-Microsoft exec Chris Liddell  —  He has invited the likes of Amazon, Google and IBM to a meeting in June, sources say.
Jing Cao / Bloomberg:
IAC to buy Angie's List in $500M+ deal; Angie's List will be combined with HomeAdvisor to form new publicly traded company called ANGI homeservices Inc.  —  IAC/InteractiveCorp agreed to buy consumer-recommendation website Angie's List Inc., intending to combine the business …
Kurt Wagner / Recode:
Alex Hardiman, formerly of the NYT, has been promoted internally to become Facebook's head of news products  —  Alex Hardiman, formerly of the New York Times, has been promoted internally to take the job.  —  Facebook made an important hire in its effort to curb false news.
Peter Kafka / Recode:
Twitter unveils 16 streaming partners for its live video service, including BuzzFeed, Verge, Viacom, WNBA, MLBAM, PGA, Bloomberg, Live Nation, more  —  Last year: NFL.  This year: Bloomberg, the WNBA, Live Nation and our friends at The Verge.  —  Yesterday, Twitter announced it was building …
Neil Hughes / AppleInsider:
Google Maps, Amazon, and eBay have pulled support for Apple Watch from their iOS apps  —  In recent months, major companies that offered dedicated Apple Watch apps have since abandoned the platform, quietly removing support for watchOS in updates submitted to the App Store.
Yahoo! Finance:
Rendering leaks of Fitbit's first smartwatch, coming fall; sources: it will have 1K-nit display, GPS, heart-rate tracking, touchless payments, Pandora streaming  —  Yahoo Finance has obtained photos of Fitbit's (FIT) first “proper” smartwatch and first-ever pair of bluetooth headphones due out this fall.
Darrell Etherington / TechCrunch:
SiriusXM acquires connected car company Automatic for over $100M  —  SiriusXM has acquired Automatic, the maker of the Automatic Pro and Automatic Lite connected car OBD-II port accessories.  The deal is acknowledged by SiriusXM CFO David Frear to be worth a little north of $100 million …
More: CNET
Tripp Mickle / Wall Street Journal:
Apple's cash reserve has topped $250B, which is greater than Walmart or P&G's market value, and exceeds the foreign-currency reserves of UK and Canada combined  —  Tech giant's unequaled stash draws calls for buybacks, acquisitions as corporate tax shift looms

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From Mediagazer

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

Winston Cho / The Hollywood Reporter:
A US judge denies WBD's bid to block Sling TV from selling short-term offerings that let users sign up for access to its bundles for as little as one day

More News

Kara Swisher / Recode:
Uber's Kalanick cancels Code Conference interview, cites delay on Eric Holder-led company culture report as reason; director Arianna Huffington will go instead

Earlier Picks

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