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January 18, 2018, 2:40 AM
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| Apple: |
Apple says it plans a $350B “direct contribution” to US economy over next five years through repatriating overseas profits, new infrastructure projects, more — $350 Billion Contribution to US Economy Over Next Five Years — Cupertino, California — Apple today announced …
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ABC News, 9to5Mac, eWeek, The Verge, SiliconANGLE, CNBC, 512tech, The Verge, 9to5Mac, Axios, iPhone Hacks, CNBC, Business Insider, Washington Post, InvestorPlace, Bloomberg, Digital Trends, Neowin, International Business Times, Axios, Financial Times, SlashGear, GeekWire, The Guardian, VentureBeat, Ars Technica, The Hill, NBC Bay Area, The Mac Observer, AppleInsider, BetaNews, CNBC, TechSpot, Mashable, Curbed, iMore, Softpedia News, MacRumors, iPhone in Canada Blog, Silicon Valley Business …, CNET, iDownloadBlog.com, TechCrunch, ZDNet, Engadget, Reuters, New York Times, Business Insider, MacStories, BGR, Cult of Mac, WRAL TechWire, Insanely Great Mac, and AppAdvice.com
Tweets: @alex_mallin, @tim, @mattyglesias, @inafried, @viticci, @chillmage, @stevekovach, @asymco, @tonyromm, @tonyromm, @simonowens, @mgsiegler, @stevekovach, and @ericnewcomer
| Mark Gurman / Bloomberg: |
Sources: Apple will issue each employee below director level a $2.5K bonus in restricted stock grants, following passage of tax overhaul, over coming months — Company giving bonuses to most global employees in stock units — Bonus program follows Apple pledge to increase U.S. spending
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The Verge, Axios, 9to5Mac, VentureBeat, Tech Times, Patently Apple, AppleInsider, CNBC, TheStreet, Fortune, Reuters, Cult of Mac, and MacDailyNews
Tweets: @mcwm, @andrewwrites, and @shiraovide
| Horace Dediu / Asymco: |
A comprehensive look at Apple's cash reserves, how it uses them, and why it is repatriating its foreign cash to US and paying $38B, or ~15% tax on it — - How much cash does Apple have? — To the nearest million, as of the end of September 2017, Apple's cash and investments totaled $268,895,000,000.
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The Register, Philip Elmer-DeWitt, Business Insider, CNBC, 9to5Mac, and Peter O'Kelly's Reality Check. Tweets: @jason
| Anita Balakrishnan / CNBC: |
Apple says it expects to make tax repatriation payments of ~$38B and plans to open new US campus later this year that will initially house customer tech support — Apple has previously pledged to invest more in U.S. manufacturing, telling CNBC's “Mad Money” that it would invest $1 billion fund …
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Reno Gazette-Journal, Wall Street Journal, Business Insider, AppleInsider, Forbes, Deadline, Patently Apple, New York Times, The Mac Observer, Quartz, MacDailyNews, Washington Post, Variety, VentureBeat, and The Verge
Tweets: @realdonaldtrump and @jyarow
| Frederic Lardinois / TechCrunch: |
Google's Project Fi now caps data bills at $60, entering the crowded market of “unlimited data” plans, will throttle speeds at 15GB — Google's Project Fi cell service never played the “unlimited data” game that most carriers in the U.S. like to play (and which is never truly unlimited).
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The Keyword, DSLreports, Lifehacker, Android Authority, CNET, Droid Life, Android and Me, PhoneDog.com, AndroidGuys, Digital Trends, ZDNet, Engadget, Fortune, and CNET. Tweets: @projectfi
| Benjamin Mayo / 9to5Mac: |
Tim Cook says you'll be able to turn off battery management that reduces performance of your devices after Apple issues iOS update — Apple had already said that a future iOS update will give users more insight into the state of their battery. In an interview with ABC News …
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ABC News, The Verge, MacRumors, USA Today, The Next Web, Engadget, iPhone in Canada Blog, Softpedia News, AppleInsider, TechCrunch, CNBC, CNET, SlashGear, iPhone Hacks, Ubergizmo, MacRumors, BGR, and MacStories
| Sarah Perez / TechCrunch: |
Google to make page speed a factor in mobile search ranking starting in July, says change will only affect pages that “deliver the slowest experience to users” — Google today announced a significant change in how it ranks websites for mobile searches: it will now take page speed …
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Google Webmaster Central Blog, Mashable, Search Engine Journal, Ubergizmo, Neowin, CNET, Engadget, Thurrott.com, Search Engine Land, 9to5Google, ZDNet, TechSpot, Android Central, and Android Police
Tweets: @rlove, @tomdale, and @googlewmc
| Fitz Tepper / TechCrunch: |
Bitconnect, which promised ~1% a day return on invested funds, shuts down its platform; value of BCC token plummets, making user investments nearly worthless — Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it's shutting down.| Russell Brandom / The Verge: |
Researchers find that COMPAS algorithm, used to determine if a defendant will reoffend, is no better than average person's guess; developer disputes findings — Our most sophisticated crime-predicting algorithms may not be as good as we thought. A study published today in Science Advances takes …
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Science, equivant.com, Wired, International Business Times, EurekAlert!, The Atlantic, Motherboard, and TechCrunch
Tweets: @profmarklevine, @edyong209, @ananyo, @ananyo, @mousewormhybrid, and @wycats
| Casey Newton / The Verge: |
Facebook begins testing Watch Party, a new feature for groups that lets members watch videos simultaneously while continuing to comment and interact — A new feature for groups — Facebook today began testing Watch Party, a new feature available to groups that lets members watch videos …
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SiliconANGLE, TechCrunch, Recode, Tech Times, Ubergizmo, Thurrott.com, Engadget, CNET, and Social Media Today
Tweets: @kurtwagner8, @kantrowitz, @shaig, @joshconstine, and @joshconstine
| Dean Takahashi / VentureBeat: |
Microsoft promotes Minecraft boss Matt Booty to corporate VP of Microsoft Studios to oversee game development and publishing for console, PC, and mobile — Microsoft has promoted Matt Booty, a leader in the Minecraft games business, as corporate vice president of Microsoft Studios …
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Microsoft, The Verge, Engadget, Polygon, Neowin, and MSPoweruser
Tweets: @gamerlaw and @mattbooty
| Bloomberg: |
Profile of Jann Horn, a 22-year-old Zurich-based researcher who helped discover Meltdown and Spectre flaws while working for Google's Project Zero — Horn stumbled on problems while reading lengthy Intel manuals — Google researcher has ‘outstanding mind,’ dogged determination| Jon Russell / TechCrunch: |
Omni, a startup that allows you to store and rent your possessions, raises $25M Series B; Ripple execs invested an undisclosed amount of XRP tokens in the round — Earlier this month, I wrote that crypto companies are going to become investors in 2018. I didn't quite imagine that happening as quickly as mid-January, but here we are.| Sarah Perez / TechCrunch: |
Twitch says its cofounder, Kevin Lin, will step down as COO and be replaced by ex-Pandora COO Sara Clemens — Twitch today announced its co-founder Kevin Lin will be stepping down from the COO role at the company, amid a series of new executive hires. Lin will continue to work at Twitch …
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GeekWire and VentureBeat
| Dan Primack / Axios: |
Ex-Cisco CEO John Chambers announces self-funded VC firm JC2 Ventures, whose portfolio includes drone OS maker Airware and social media management firm Sprinklr — This is the first month in more than 25 years that John Chambers isn't heading into work at Cisco.
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VCCircle, Silicon Valley Business …, Bloomberg, JC2 Ventures, SDxCentral, and CNBC. Tweets: @johntchambers
| Jon Russell / TechCrunch: |
Sources: Go-Jek closes $1.2B round at $3B+ valuation with commitments from Google, Temasek, Meituan; raise started months ago, with Tencent, others investing — Google is backing investing in ride-hailing companies. The U.S. search firm and China's Meituan-Dianping are among the tech giants set …
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Reuters
| Sarah Perez / TechCrunch: |
Flurry data: overall app session activity grew 6% in 2017; shopping app usage grew 54%, media, music, entertainment apps grew 43%, lifestyle apps dropped 40% — The app economy is continuing to grow, with the worldwide revenue from app stores expected to top $110 billion this year, according to recent estimates from App Annie.
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Flurry Blog
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