| CNBC: |
Microsoft says it plans to cut thousands of jobs, mostly from its sales teams outside the US, starting today — Microsoft announced a major reorganization on Wednesday that will include thousands of layoffs, largely in sales. — The job cuts amount to less than 10 percent … | Reed Albergotti / The Information: |
Source: Jawbone to be liquidated, as founder Hosain Rahman moves to his new startup, Jawbone Health Hub, providing health-related hardware and software services — Jawbone, the consumer electronics firm once valued at $3 billion, is going out of business. The company has begun liquidation proceedings … | Tim Bradshaw / Financial Times: |
Qualcomm asks US ITC to ban imports of certain iPhone models using Intel components due to infringement of 6 patents that it claims are not standard-essential — Chipmaker claims infringement by some models and seeks ‘cease and desist’ order — Read next| Adam Satariano / Bloomberg: |
SoundCloud cuts 173 employees, or about 40% of its staff, and plans to close its offices in San Francisco and London to cut costs and stay independent — Music service will close offices in San Francisco, London — SoundClound has struggled to compete against Spotify, Apple| Lorenzo Franceschi-Bicchierai / Motherboard: |
Interviews reveal a slow start for Apple's bug bounty program as some feel financial rewards are too small or reporting bugs would prevent research — In August 2016, Apple's head of security Ivan Krstic stole the show at one of the biggest security conferences in the world with an unexpected announcement.| Wall Street Journal: |
Sources: Amazon and Dish Network have discussed a partnership to enter the wireless business, though no deal is imminent — For years, Dish Network has sought out partnerships with just about every major telecom company. Now, a somewhat surprising potential partner has emerged: Amazon.com.| Jason Toff / Google: |
Google debuts Blocks, a free VR app for creating 3D objects, available on Oculus Rift and HTC Vive — Today, it takes complex software and a specific skillset to create compelling VR and AR experiences. That software also requires building 3D objects on a 2D screen—something our brains aren't wired to do.| Andrew J. Hawkins / The Verge: |
Uber rolls out rider tipping and its “pay for wait” program, penalizing riders who make drivers wait 2+ minutes, to over 100 US and Canadian cities today — A change is gonna come — Starting today, Uber's new in-app tipping option is being rolled out in 100 cities in the US and Canada … | Sarah Perez / TechCrunch: |
Hulu will offer subscribers access to HBO for $14.99/month and HBO-owned Cinemax for $9.99/month — Hulu this morning announced it's finally adding HBO as an optional add-on for subscribers, as well as HBO-owned Cinemax. The premium networks will be offered to those who subscribe to Hulu's … | Wall Street Journal: |
A look at the changing fortunes of LeEco CEO Jia Yueting, who recently had $181M in assets and $2B in shares frozen and had to step back from his firm — Jia Yueting likes to say that Apple is outdated, China's big tech companies are innovation killers and his company is the real disrupter.| Kelly Jackson Higgins / darkREADING: |
| Bloomberg: |
Chinese bike-sharing service Ofo raises $700M+ Series E led by Alibaba, Hony Capital, and Citic Private Equity, aims to expand to 20 countries by end of 2017 — Latest funding round led by Alibaba, Hony Capital, Citic PE — Investment is the biggest round for a bike-sharing company
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| Lauren Goode / The Verge: |
| Lucas Shaw / Bloomberg: |
| Aaron Pressman / Fortune: |
| Erin Griffith / Fortune: |