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Techmeme
July 26, 2017, 7:45 AM
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Top News

Frederic Lardinois / TechCrunch:
Adobe says it will stop updating and distributing Flash at the end of 2020  —  Adobe today announced that Flash, the once-ubiquitous plugin that allowed you to play your first Justin Bieber video on YouTube and Dolphin Olympics 2 on Kongregate, will be phased out by the end of 2020.
Stan Higgins / CoinDesk:
SEC issues investigative report concluding DAO tokens, a digital asset, were securities, and securities law “may apply” to token sales  —  The US Securities and Exchange Commission said today that the offering and sale of digital tokens “are subject to the requirements of the federal securities laws”.
Wall Street Journal:
Trump says Tim Cook has promised Apple will build three “big, beautiful plants” in US, adding they'd be “big, big, big” but no details on timetable or location  —  Apple declined to comment on president's remarks, which didn't include where or when plants would be built
Bérénice Magistretti / VentureBeat:
Khosla Ventures leads $50 million investment in Vicarious' AI tech  —  Vicarious, which is working on narrowing the gap between human and artificial intelligence, announced today that it has raised $50 million in a round led by Khosla Ventures.  —  The Union City, California-based startup …
Yossi Matias / Google:
Google adds SOS Alerts in Search and Maps to provide users with information in a crisis  —  In times of crisis, access to timely, actionable information is crucial.  Working alongside trained responders and volunteers on the ground, technology plays a vital role in providing information …
Russell Brandom / The Verge:
Google study finds ransomware victims have paid $25M+ in ransoms over last two years  —  Ransomware victims have paid more than $25 million in ransoms over the last two years, according to a study presented today by researchers at Google, Chainalysis, UC San Diego, and the NYU Tandon School of Engineering.
Camila Russo / Bloomberg:
LedgerX is set to become the first federally regulated cryptocurrency options exchange and clearinghouse in the US after receiving CFTC license  —  LedgerX becomes the first regulated bitcoin options exchange  —  CFTC authorized company to provide clearing services for swaps
Sean O'Neill / Skift:
Google is testing vacation rental search in its hotel price-comparison tool using ~7K property listings in Europe  —  This apartment, based in Paris's 15th arrondissement (or neighborhood), is available on Booking.com and was listed yesterday for a booking of 8 to 14 people via Google's “hotel search.”
Matt Pressberg / The Wrap:
AT&T beats expectations in Q2 ahead of Time Warner takeover, with $39.8B in revenue, 2.8M wireless net additions, and best-ever 50% margin on wireless  —  Telecom giant's $85 billion deal is expected to close by the end of the year  —  A growing and profitable wireless business helped telecom giant …
Bloomberg:
Sources: SoftBank invests in Roomba-maker iRobot, keeping the stake below 5% and under US disclosure threshold  —  IRobot stake is below 5%, under U.S. disclosure threshold  —  Japanese firm has raised over $93 billion for Vision Fund  —  SoftBank Group Corp. has taken a stake …

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From Mediagazer

Eli Stokols / Politico:
A look at the tense relationship between Biden and The NYT, beset by misunderstandings, grudges, lack of trust, and his refusal to give the paper an interview

Michael Sisak / Associated Press:
A US appeals court overturns Harvey Weinstein's 2020 conviction, finding the trial judge let women testify about allegations that were not part of the case

Alex Sherman / CNBC:
Sources: Paramount and Skydance move closer to a deal, but Paramount's renewal agreement with Charter, which has an April 30 deadline, is a significant hurdle

More News

Earlier Picks

Scott Stein / CNET:
Motorola announces a $300 360-degree camera mod as well as the Moto Z2 Force with dual rear cameras, compact design with smaller battery, coming Aug. 10
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