Techmeme
July 23, 2019, 10:25 AM

Top News

Wall Street Journal:
Sources: Apple is in advanced talks to buy Intel's smartphone modem chip business in a deal valued at $1B+ covering staff and a portfolio of patents  —  Apple Inc. AAPL 2.29% is in advanced talks to buy Intel Corp. INTC 2.15% 's smartphone-modem chip business, according to people familiar with the matter …
Russell Brandom / The Verge:
Flaw in Facebook's Messenger Kids let kids invite a parent-approved user into a group chat even if that user wasn't authorized to chat with others in the group  —  ‘We recently notified some parents... about a technical error,’ a Facebook representative said
Jason D. Rowley / Crunchbase News:
Commission-free trading app Robinhood raises $323M Series E led by DST Global at a $7.6B post-money valuation, has raised a total of $862M to date  —  Unless you were some hotshot finance person in the 1980s, you probably only recently started using your mobile phone to place trades.
Joe Tidy / BBC:
Profile of Marcin Kleczynski, CEO and co-founder of Malwarebytes, who quietly grew the company in his dorm to a multi-million dollar/year business by graduation  —  The BBC's weekly The Boss series profiles different business leaders from around the world.  This week we speak to Marcin Kleczynski …
Arielle Pardes / Wired:
Anthony Ha / TechCrunch:
Heap, which automates company analytics by collecting and organizing customer behavioral data, raises $55M Series C led by NewView Capital  —  Since co-founding Heap, CEO Matin Movassate has been saying that he wants to take on the analytics incumbents.  Today, he's got more money to fund that challenge …
Stacy Cowley / New York Times:
Equifax will pay at least $650M and potentially significantly more to end an array of state, federal, and consumer claims over the 2017 data breach  —  The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims …
Megan Rose Dickey / TechCrunch:
Uber is testing a $24.99/month subscription pass that includes a fixed discount on rides, free Uber Eats delivery, and free rides on JUMP bikes and scooters  —  Uber is actively testing a monthly subscription pass that combines rides, Eats, bikes and scooters.
Kyle Wiggers / VentureBeat:
Microsoft says it will invest $1B in OpenAI, beginning a partnership to jointly develop new AI technologies for the Azure cloud platform  —  Microsoft today announced that it would invest $1 billion in OpenAI, the San Francisco-based AI research firm cofounded by CTO Greg Brockman …
James B. Cutchin / Los Angeles Times:
How US companies quietly acceded to Chinese government demands to add ID-tracking and playtime restriction systems to games like Fortnite and World of Warcraft  —  Last October, software developers at Riot Games in Santa Monica fielded an unusual request.  As with other video game makers …

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