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Techmeme
December 13, 2018, 12:15 PM
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Top News

Ina Fried / Axios:
Apple announces a $1B Austin campus initially for 5,000 workers, new offices in Seattle, San Diego, and Culver City, and expansions in several other US cities  —  Apple plans to build a new $1 billion campus in Austin, Texas, adding thousands of jobs, while also setting up new large offices in Seattle …
Corbin Davenport / Android Police:
Amazon starts selling the Chromecast Ultra and third-gen Chromecast, nearly a year after it promised to sell Chromecast devices again  —  Amazon pulled the Chromecast from its online store in 2015, after it instated a new rule that only streaming devices that supported Prime Video could be sold.
Josh Constine / TechCrunch:
Robinhood launches checking and savings accounts in the US with a 3% interest rate and no minimum balance or fees for overdrafts or foreign transactions  —  Robinhood is undercutting the big banks by forgoing brick-and-mortar branches with its new zero-fee checking and savings account features.
Frank Chaparro / The Block:
Sources: stablecoin project Basis, backed by Bain Capital, GV, and a16z, is closing due to regulatory issues and returning most of the $133M capital raised  —  Basis, one of the most well-known stablecoin projects, is shutting down and returning nearly all capital raised to investors.
J. David Goodman / New York Times:
How Amazon is trying to quell opposition to its new NYC offices by hiring well-connected lobbyists and taking to the streets to hear residents' concerns  —  Amazon is trying to quell rising opposition to its plan for offices in New York, hiring well-connected lobbyists to make its case …
Joshua Goldman / CNET:
Samsung upgrades its two-in-one Notebook 9 Pen with a new 15-inch option, updated S Pen, and a promise of 15 hours of battery life, coming in 2019  —  With its updated Notebook 9 Pen two-in-one laptop, Samsung is targeting creative professionals who want the flexibility of both a laptop …
Gillian Brockell / Washington Post:
Tech companies should automatically turn off irrelevant ads based on info users share, such as ads for baby gear when a pregnant person has a stillborn child  —  Dear Tech Companies:  —  I know you knew I was pregnant.  It's my fault, I just couldn't resist those Instagram hashtags — #30weekspregnant, #babybump.
Holly Brockwell / Gizmodo UK:
Source: Samsung Galaxy S10 series will be unveiled Feb. 20, with UK prices starting at £669 for the S10 Lite, £799 for the 6.1-inch model, and £899 for the S10+  —  Listen up, Samsung fans: we've got a bumper leak about the upcoming Galaxy S10 for you.
Steve O'Hear / TechCrunch:
Finalcad, a mobile platform that allows the construction industry to digitize its processes, raises $40M Series C led by London-based Draper Esprit  —  Finalcad, a mobile platform that enables the construction industry to digitize much of its processes, has closed $40 million in Series C funding.
More: VentureBeat.  Thanks:@sohear
Nikhilesh De / CoinDesk:
SEC settles with the former CEO and COO of AriseBank, which it sued in January for alleged fraud and issuing unregistered securities during an ICO, for $2.7M+  —  The U.S. Securities and Exchange Commission (SEC) has settled charges with two former executives of AriseBank, which was hit with a token sale fraud lawsuit in early 2018.
Kevin Roose / New York Times:
How making products easier to use can steer users toward unhealthy behaviors, like viewing overly extreme content that autoplays, or lead to security breaches  —  Seven years ago, a younger and more carefree Mark Zuckerberg went onstage at Facebook's annual developer conference and announced …
Kate Clark / TechCrunch:
Online design marketplace Minted, which sells stationary, art, and home decor, raises $208M Series E led by Permira, bringing total raised to $300M  —  Minted, a company we've been covering on this site for a decade-plus, plans to double down on its wholesale and licensing business …
Peter Bright / Ars Technica:
Intel unveils 10nm Sunny Cove architecture, built to execute more instructions in parallel with lower latency, better cryptography support, and more  —  Finally, a move away from just bundling more cores together.  —  In 2019, Intel will release Core and Xeon chips built around a new architecture …
Brian Barrett / Wired:
Intel demos Foverus, a new way to build 3D chips by stacking logic chips atop one another, with a new power delivery process, without sacrificing performance

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This is a Techmeme archive page. It shows how the site appeared at 12:15 PM ET, December 13, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

A.J. Katz / The Wrap:
LIV Golf is shutting down after five years and over $5B in Saudi backing, ending its efforts to build a TV audience on Fox and, before that, The CW

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

More News

Earlier Picks

Ryan Browne / CNBC:
McAfee: a coordinated cyber espionage campaign focused on defense organizations sent malware via targeted phishing messages to at least 87 firms in 24 countries
Kyle Orland / Ars Technica:
Epic Games, which makes Fortnite, unveils a free SDK, rolling out in 2019, to help developers build cross-platform games that include login and social elements
Colin Lecher / The Verge:
FCC passes controversial rules classifying text messages as an information service, boosting carriers' power to curb spam
Charlie Warzel / BuzzFeed:
Sundar Pichai's appearance before Congress was another in a long line of pointless hearings, where lawmakers display limited knowledge and execs are evasive
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