Techmeme
August 16, 2019, 11:15 AM

Top News

Jeff John Roberts / Fortune:
Coinbase has acquired the custody business of Xapo, a service best known for storing bitcoins in a vault under a Swiss mountain; source says for $55M  —  Cryptocurrency firm Coinbase has acquired the custody business of Xapo, a service best known for storing Bitcoins in a vault under a Swiss mountain.
Juli Clover / MacRumors:
Apple sues mobile device virtualization company Corellium, accusing it of copyright infringement for illegally replicating iOS, along with iPhone and iPad apps  —  Apple today filed a lawsuit against Corellium, a mobile device virtualization company that supports iOS.
Will Oremus / OneZero:
Biswarup Gooptu / The Economic Times:
India-based Twitter-like platform ShareChat, which supports multiple regional languages, raises $100M round led by Twitter, sources say at $600M-$650M valuation  —  Regional language social networking platform ShareChat has completed a $100 million (about Rs 718 crore) equity financing round led …
Hilary Milnes / Digiday:
Sources and a leaked pitch deck indicate that Amazon may have offered vendors the ability to bid for an Amazon Choice badge in 2017  —  Amazon has previously offered vendors the ability to “bid” for an Amazon's Choice badge by lowering prices and spending more money on advertising …
Lawrence Abrams / BleepingComputer:
Bluetooth SIG issues a security notice for the “KNOB” flaw, which allows hackers to steal data by brute forcing the encryption key used during bluetooth pairing  —  A new Bluetooth vulnerability named “KNOB” has been disclosed that allow attackers to more easily brute force …
Charlie Savage / New York Times:
In a letter to Congress, the Trump administration asks lawmakers to reauthorize a law that lets the NSA gain access to logs of phone and text records  —  The White House is seeking reauthorization of a law that lets the N.S.A. gain access to logs of Americans' phone and text records …
Paul Roberts / The Security Ledger:
Huge survey of 6K+ firmware images of devices by 18 vendors including Linksys and Netgear finds no improvement in software security and lax security standards  —  A survey of more than 6,000 firmware images spanning more than a decade finds no improvement in firmware security and lax security standards …
James Sanders / TechRepublic:
After the latest firmware update, some Surface Pro 6 and Surface Book 2 devices are throttling CPU speeds to 400 MHz; Microsoft says it is working on a fix  —  User reports indicate that an erroneously set CPU flag is sending Intel Core processors back into the Pentium II age.
The Information:
Sources: JD.com is talking with investment banks about a $500M US IPO in May for its online supermarket unit Dada-JD Daojia; Walmart owns 10% of Dada-JD Daojia  —  Chinese online retailer JD.com is in talks with bankers to list shares of its online supermarket joint venture in the U.S. next May …
More: Seeking AlphaTweets: @amir
Elizabeth Lopatto / The Verge:
A close reading of the S-1 of the soap opera that is The We Company, a “tech company” whose mission “is to elevate the world's consciousness”  —  On August 14th, The We Company (the company formerly known as WeWork) filed its mandatory S-1 paperwork to go public, and it's worth reading in full.
Aric Toler / bellingcat:
A deep dive into Amazon FC Ambassadors program finds 53 Ambassador accounts in seven countries, some of which are using fake identities and recycling accounts  —  On August 14, a Twitter thread that included a small army of “Amazon FC Ambassadors” went viral, bringing to light Amazon's year-long social media brand ambassador program.
Ian King / Bloomberg:
Nvidia beats Q2 expectations with revenues of $2.58B, down 17% YoY, gaming chip sales of $1.3B, up 24% from Q1, and data center revenues of $655M, up 3% QoQ  —  - Chipmaker says all markets grew sequentially in quarter  — Stock rallies on optimism for end to inventory slump
Akanksha Rana / Reuters:
Report: Alibaba to buy NetEase's Kaola, one of the biggest Chinese shopping sites for imported goods, for $2B in cash  —  (Reuters) - Alibaba Group Holding Ltd has agreed to pay $2 billion in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported on Friday.  (bit.ly/2HcCI6C)

Sponsor Posts

Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
All new Zoho Workerly 2024  —  Staffing businesses around the world face a unique set of challenges when it comes to managing their temporary workforce.  With a constantly shifting job market and changing staffing needs …
Comprehensive.io:
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
The Kevin Rose Show:
Henry Shukman, Lessons from an Authentic Zen Master
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 03/28 - Claude 3 Opus Surpasses GPT-4 For The First Time
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:15 AM ET, August 16, 2019.

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.

More News

Karl Bode / VICE:
Jonathan Shieber / TechCrunch:
Cristina Tardáguila / Poynter:
Shirin Ghaffary / Vox:

Earlier Picks

Ronald Eikenberg / heise online:
The Information:
Sean O'Kane / The Verge:
The Keyword:
April Glaser / Slate:
Colin Lecher / The Verge: