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December 10, 2017, 3:15 PM
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| Adrianne Jeffries / The Outline: |
The current Bitcoin economy has mainly replicated core aspects of a centralized finance industry instead of giving rise to a true p2p financial system — The cryptocurrency was supposed to replace the finance industry. Instead, it has replicated it.
More:
New York Magazine. Tweets: @mathewi, @stewglynn, @chulu, @tcarmody, @vadakkus, @therevmountain, @adam_chal, and @stiancarlsen
| Olga Kharif / Bloomberg: |
Experts estimate that about 1,000 users, known as “whales”, control 40% of bitcoins, raising concerns whales may collude to manipulate cryptocurrency markets — A few massive investors can rock it with a shrug. — On Nov. 12, someone moved almost 25,000 bitcoins … | Mike Masnick / Techdirt: |
The ‘pro net neutrality but against Title II regulations’ argument had merit a decade ago, but developments since then make coming FCC rules repeal a mistake — Long time readers of Techdirt may know (as I've noted several times), that in the mid-2000s when the net neutrality debate …
More:
New York Times, Wired, Associated Press, and Firstpost
Tweets: @vanschewick, @astepanovich, and @karlbode
| Madhav Chanchani / The Economic Times: |
Sources: Alibaba to buy 30% of India's online grocer BigBasket for $300M, with $80M of the investment used to buy shares from existing shareholders — BENGALURU: Alibaba is poised to buy over a third of online grocer BigBasket, according to three people directly aware of the impending deal, for about $300 million.| Max Willens / Digiday: |
With some research saying that permanently baked-in host-read podcast ads are 3.5X more effective, dynamically inserted third party ads have trouble catching on — In November, HowStuffWorks dumped the third-party ads in its podcasts. After spending most of 2017 trying to use ad networks …
Tweets: @digiday, @digiday, @ideafaktory, and @marcoarment
| Vlad Savov / The Verge: |
Kantar: Huawei, Xiaomi, Apple, Vivo, Oppo account for 91% of China's phone market; Apple had 17.4% marketshare in the quarter ending Oct. while Samsung had 2.2% — Xiaomi, Huawei, the Oppo-Vivo duo, and Apple now account for 91 percent of sales — China is the most unique smartphone market in the world … | Ryan Whitwam / Android Police: |
Google brings back play/pause touch controls to Home Mini via long press on sides, after top touch input was disabled due to bug that caused unwanted recording — The Google Home Mini is a super-affordable way to get Google Assistant in your life, but Google was forced to hobble the device shortly …
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CNET, The Verge, Zee News, TechRadar.com, Neowin, MacRumors, Tech Times, SlashGear, 9to5Google, PhoneDog.com, Fone Arena, Engadget, Ubergizmo, and Android Authority
| TechCrunch: |
Sources: Apple to acquire music recognition app Shazam; one source puts the deal at about $400M; Shazam's post-money valuation after its 2015 funding was $1.02B — As Spotify continues to inch towards a public listing, Apple is making a move of its own to step up its game in music services.
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TechSpot, VentureBeat, USA Today, Tech Times, hypebot, Reuters, New York Times, BGR India, San Francisco Chronicle, Silicon Valley Business …, Fone Arena, 9to5Mac, Business Insider, Fortune, The Verge, SiliconANGLE, International Business Times, The Next Web, Ubergizmo, Tubefilter, iDownloadBlog.com, Wall Street Journal, PhoneDog.com, Quartz, Droid Life, iPhone in Canada Blog, CNBC, Digital Trends, MacStories, and Axios
Tweets: @pjozefak, @bbcleisha, @nytimestech, @chrismessina, and @geoffblaber
| Paul Sawers / VentureBeat: |
Modsy, a startup that reconstructs photos of living spaces into 3D and sends users interior design ideas, raises $23M Series B led by Advance Venture Partners — Modsy, a company that allows people to create 3D renderings of their home in order to visualize what it would look like with various kinds … | Theodore Schleifer / Recode: |
Andy Rubin has returned to Essential after taking leave amid questions about an inappropriate relationship with a subordinate when he was at Google — He's back at Essential, his smartphone startup. — Andy Rubin, the founder of smartphone startup Essential, has already returned …
More:
The Verge, CNET, Neowin, Silicon Valley Business …, Business Insider, Android Authority, Engadget, and TechCrunch
| Bloomberg: |
Mindful of smartphone patent wars, automakers, now among top US patent filers, work together on self-driving IP issues via industry associations to avoid suits — Automakers are learning the mistakes by smartphone companies — Ford, BMW among those looking for licenses without lawsuits
Tweets: @atripper
| First Round Capital: |
Survey: for first time more founders say sales leaders, not engineers, are hardest to hire; 53% say investors have more sway in deals, compared to 39% in 2016 — Every year, we survey as many venture-backed startup founders as possible to figure out what it's like to run a technology company right now.
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IEEE Spectrum and SiliconBeat
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