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Techmeme
September 8, 2017, 6:30 AM
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Top News

Todd Haselton / CNBC:
Credit agency Equifax says breach affecting up to 143M US consumers found 7/29; sensitive data exposed included DOB, SSN, and 209K credit card numbers  —  Equifax Inc., which supplies credit information and other information services, said Thursday that a cybersecurity incident …
Anders Melin / Bloomberg:
Three Equifax execs including CFO sold shares worth ~$1.8M days after breach found but before public disclosure; no filings list transactions as scheduled sales  —  Three Equifax Inc. senior executives sold shares worth almost $1.8 million in the days after the company discovered a security breach …
John Mannes / TechCrunch:
Microsoft and Facebook partner to launch Open Neural Network Exchange format, letting AI developers switch between frameworks easily  —  Facebook and Microsoft announced ONNX, the Open Neural Network Exchange this morning in respective blog posts.  The Exchange makes it easier …
Wall Street Journal:
Sources: fingerprint scanner will be omitted from “iPhone 8” after production issues, which set back early production by a month and may create supply shortages  —  The widely anticipated 10th-anniversary iPhone, with an expected base price near $1,000, hit a speed bump or two related to its OLED display
Craig Silverman / BuzzFeed:
Experts say Facebook's reticence to reveal information about advertisers, as other media forums must, threatens the democratic process  —  Sen. Mark Warner suggested that Facebook should disclose the same information about political ads that radio and TV stations are required to.
Gerrit De Vynck / Bloomberg:
Canada-based Kik plans $125M ICO, says it won't allow investors from its home country to participate due to weak guidance from Ontario Securities Commission  —  Messaging app plans to raise $125 million total in offering  —  Kik CEO said ‘weak guidance’ from OSC led to the decision
Benny Evangelista / San Francisco Chronicle:
Silicon Valley fondly remembers Dogster cofounder Ted Rheingold, who died of cancer at 47  —  The last company Silicon Valley tech entrepreneur and angel investor Ted Rheingold advised was one that helps an overlooked segment of American consumers improve their credit scores.
Pew Research Center:
Pew 2017 study of news use on social media: 55% of US people aged 50+ get news on social sites, up 10% YoY; Twitter users who get news on site up 15% YoY to 74%  —  As of August 2017, two-thirds (67%) of Americans report that they get at least some of their news on social media …
Stan Higgins / CoinDesk:
Filecoin blockchain data storage network completes ICO by raising a record $257M including $52M presale, surpassing the $232M raised by Tezos  —  Blockchain data storage network Filecoin has officially completed its initial coin offering (ICO), raising more than $257 million over a month of activity.
More: Mashable
Ingrid Lunden / TechCrunch:
Israel-based autonomous drone startup Airobotics raises $32.5M Series C from Microsoft Ventures and others to expand into defense and homeland security, more  —  Airobotics, a startup building autonomous drones for the enterprise sector that do not require humans to get involved in any aspect …
More: Tech.eu and Reuters
Michelle Castillo / CNBC:
Disney CEO Bob Iger says Marvel and Star Wars titles will be streamed exclusively on its new service when it launches in late 2019  —  - Marvel and Star Wars titles will be streamed exclusively on the new Disney streaming platform when it launches in late 2019, according to Disney CEO Bob Iger.

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From Mediagazer

Daniel Thomas / Financial Times:
ITV says advertising revenues from the World Cup are about 30% higher than those from Euro 2024; Telemundo says it sold out of key World Cup ad inventory

Corbin Bolies / Variety:
Lionsgate and gen-AI company Runway expand their partnership, giving Lionsgate an equity stake in Runway and launching a program to develop and produce new IP

Sarah Rumpf / Mediaite:
The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates

More News

Chaos Computer Club:
White hat hacker group warns that German election vote tabulating software has serious vulnerabilities, with some scenarios letting hackers change vote tallies
Chris Welch / The Verge:
Google to sunset Drive app for desktop, with support ending December 11 and full shutdown on March 12, 2018, to be replaced by newer apps

Earlier Picks

Ron Miller / TechCrunch:
MIT and IBM partner on $240M research lab, named MIT-IBM Watson AI Lab, with 10-year research agreement focused on AI and its applications
Jason Schwartz / Politico:
Facebook is undermining its fact checking efforts by withholding data from its media partners, citing user privacy, such as which false stories are most popular
Todd Bishop / GeekWire:
Amazon seeks proposals from cities for a second HQ in North America, a “full equal” to Seattle HQ, and says it'll invest $5B+ and grow it to 50,000 employees
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