Techmeme
September 14, 2017, 7:40 AM

Top News

Bloomberg:
Sources: Magic Leap seeks $500M+ for ~$6B valuation with Singapore firm Temasek mulling investment; company hopes to ship headset within 6 months for $1.5K-$2K  —  Wearable computing startup closes in on $6 billion valuation  —  Device set to ship in six months, be priced more than $1,500
Dustin Volz / Reuters:
Trump administration issues directive giving agencies 90 days to discontinue use of Kaspersky software, citing concerns about ties to Russian government  —  WASHINGTON (Reuters) - The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products …
Ingrid Lunden / TechCrunch:
Samsung launches $300M Samsung Automotive Innovation Fund for autonomous tech, invests $90M into TTTech, a safety software developer for autonomous systems  —  Not to be outpaced in the connected car market by other tech giants, today the world's largest smartphone maker, Samsung …
Bloomberg:
President Trump blocks $1.3B sale of Lattice Semiconductor to China-backed private equity fund Canyon Bridge, citing national security  —  Fourth presidential block of foreign takeover in last 27 years  —  Order adds to string of failed Chinese deals for U.S. firms
Casey Michel / Extra:
A deep look at Heart of Texas, a Russia-linked Facebook group that promoted Texas secession and had 225K+ members before being taken down in summer of 2017  —  When is a Texan not a Texan?  —  Earlier this week, Facebook announced that they had shuttered almost 500 accounts they believe …
Peter Bright / Ars Technica:
Windows 10 Fall Creators Update will require third-party apps ask permission to access camera and other sensitive information or hardware  —  Microsoft is continuing to tinker with the privacy configuration and options in Windows 10, with the Fall Creators Update, due for release on October 17 …
Brian Krebs / Krebs on Security:
Equifax employee portal in Argentina listed 14K names, social security number-like DNIs of customers in plain text until notified by security researchers today  —  Equifax last week disclosed a historic breach involving Social Security numbers and other sensitive data on as many as 143 million Americans.
Ali Montag / CNBC:
Computer vision-powered kiosk maker Bodega debuts to furious internet backlash on concerns the startup wants to replace mom-and-pop corner stores  —  For two former Google employees, the launch of their new app may not have gone exactly as planned.  —  Paul McDonald and Ashwath Rajan released …
Dan Primack / Axios:
Sources: FanDuel raising between $30M and $40M in new financing from existing investors; deal will be structured as a convertible note  —  Fantasy sports site FanDuel is in the process of raising between $30 million and $40 million in new financing from existing investors, Axios has learned.

Sponsor Posts

Microsoft:
Expanding the fight against child labor in mining  —  Microsoft commitment will enable nonprofit Pact to expand its critical work in the Democratic Republic of Congo.
eero:
Which state has the fastest internet speed?  —  Here's a list of WiFi speeds across the country.  Where does your state rank?
Zoho:
Making the most of iOS 11 features - Zoho Books  —  Last night, the tech world witnessed the launch of Apple's latest software update, iOS 11, which promises to restore the iPad to its former glory.
Vantiv:
Learn how to improve shopper conversion via Pay with Google  —  Join Vantiv and Google to learn about the emerging shifts in online shopping and the need for online merchants to offer an effortless checkout experience.
Worldpay:
Missed our Virtual Reality webinar ft. VentureBeat?  —  We ran it like a podcast and had a really informative discussion around VR payments.  Listen now, on-demand.
 

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