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Techmeme
July 7, 2017, 8:50 PM
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Top News

Eric Newcomer / Bloomberg:
Waymo drops 3 of 4 patent infringement claims against Uber, says Uber no longer uses infringing tech; bulk of the case related to trade secrets theft remains  —  Waymo, Alphabet Inc.'s self-driving car division, dropped three of four patent infringement claims in its lawsuit against Uber Technologies Inc …
Joyce Lee / Reuters:
Samsung Electronics forecasts record quarterly profit of ~$12B in Q2, up 72% year-over-year  —  Samsung Electronics Co Ltd (005930.KS) on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins.
George Avalos / Mercury News:
Facebook proposes Willow Campus, “mixed-use village” expansion to its Menlo Park campus with office buildings, housing, retail space, and a grocery store  —  The proposed village includes offices, home, a grocery store, and parks and plazas  —  MENLO PARK — Aiming …
Cory Doctorow / Electronic Frontier Foundation:
Amid Unprecedented Controversy, W3C Greenlights DRM for the Web  —  Early today, the World Wide Web Consortium (W3C) standards body publicly announced its intention to publish Encrypted Media Extensions (EME)—a DRM standard for web video—with no safeguards whatsoever for accessibility …
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
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 …

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This is a Techmeme archive page. It shows how the site appeared at 8:50 PM ET, July 7, 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.

From Mediagazer

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

A.J. Katz / The Wrap:
LIV Golf is shutting down after five years and over $5B in Saudi backing, ending its efforts to build a TV audience on Fox and, before that, The CW

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

More News

Jim Waterson / BuzzFeed:
Sources reveal how UK political parties spent ~£3.2M on online ads during 2017 general election, including efforts to coordinate ad targeting on- and off-line
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

Earlier Picks

Jason Toff / Google:
Google debuts Blocks, a free VR app for creating 3D objects, available on Oculus Rift and HTC Vive
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
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