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January 16, 2020, 6:10 AM
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Top News

Alan Boyle / GeekWire:
Sources: Apple has acquired Seattle-based Xnor.ai, which develops low-power, edge-based AI image recognition tools, for around $200M  —  Apple has acquired Xnor.ai, a Seattle startup specializing in low-power, edge-based artificial intelligence tools, sources with knowledge of the deal told GeekWire.
Frederic Lardinois / TechCrunch:
Internal memo: Mozilla lays off ~70 after its 2019 plans to boost revenue streams outside of search, like new subscription products, did not pan out  —  Mozilla laid off about 70 employees today, TechCrunch has learned.  —  In an internal memo, Mozilla chairwoman and interim CEO Mitchell …
Emil Protalinski / VentureBeat:
Microsoft begins rolling out its Chromium-based Edge browser, available now for Windows and macOS  —  Right on schedule, Microsoft today launched its new Edge browser based on Google's Chromium open source project.  You can download Chromium Edge now for Windows 7, Windows 8, Windows 10 …
James Vincent / The Verge:
In a Q&A, Jack Dorsey discusses Twitter's thinking around an edit button and says “we'll probably never do it”  —  You've got to live with your mistakes, which includes joining Twitter  —  Twitter users have been asking for the option to edit tweets ever since the service launched in 2006 …
Kif Leswing / CNBC:
In a tweet, Trump criticizes Apple for refusing to unlock phones of violent criminals and says his administration helps Apple “all of the time” on trade  —  - In a tweet, president Donald Trump addressed the conflict between the FBI and Apple over locked iPhones used by the suspected Pensacola shooter.
New York Times:
Sources: Apple is preparing for a legal fight with the DOJ, similar to San Bernardino, which was not legally resolved before FBI dropped the case
Bloomberg:
US and China sign a “phase one” trade deal that seeks to limit theft of American tech and trade secrets by Chinese companies, such as through joint ventures
Yuan Yang / Financial Times:
A look at how US pressure, driven by national security and trade concerns, has led to China seeking increased technological self-sufficiency
Kashmir Hill / New York Times:
As companies comply with privacy laws like GDPR and CCPA, many have insecure practices for giving users their data and some outsource user identity verification  —  A new California privacy law gives consumers the right to see and delete their data.  But getting access often requires giving up more personal details.
Kim Hart / Axios:
PitchBook: West Coast's share of total US VC deal value dropped to 50.2% in 2019 vs. 62.3% in 2018; 78% of funding went to CA, NY, and MA, up from 75% in 2018  —  Venture capital investment is seeping out from Silicon Valley to the rest of the country, but the West Coast still dominates the market by a wide margin.
Alexis C. Madrigal / The Atlantic:
As tech becomes the dominant force in the modern economy, Silicon Valley's culture since 1970s of nimble startups successfully challenging incumbents is fading  —  For decades, whole regions, nations even, have tried to model themselves on a particular ideal of innovation, the lifeblood of the modern economy.
Sarah Perez / TechCrunch:
App Annie: consumers downloaded 204B apps in 2019, up 6% YoY, and spent $120B on apps, subscriptions, and in-app features globally  —  Consumers downloaded a record 204 billion apps in 2019, up 6% from 2018 and up 45% since 2016, and spent $120 billion on apps, subscriptions and other in-app spending in the past year.

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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

Oliver Darcy / CNN:
Uri Berliner says he is resigning from NPR as he “cannot work in a newsroom where I am disparaged by a new CEO whose divisive views confirm” NPR's problems

Gene Maddaus / Variety:
A Los Angeles ethics agency fines former CBS CEO Les Moonves $15K for misconduct in obtaining confidential police info about a sexual assault claim against him

Sam Tobin / Reuters:
UK court documents: actor Hugh Grant settled a lawsuit against The Sun publisher News Group Newspapers over claims of using private investigators to phone tap

More News

Tom Schmidt / Dragonfly Research:
A look at the role of liquidators in the decentralized finance ecosystem, who make money by liquidating under-collateralized loans on crypto lending platforms
Alex Konrad / Forbes:
Productboard, a platform for product managers, raises $45M Series B led by Sequoia and Bessemer Venture Partners, source says at a $350M post-money valuation

Earlier Picks

Manish Singh / TechCrunch:
Amid an antitrust probe and protests by small merchants, Jeff Bezos travels to India to announce a further $1B investment into Amazon's operations over 5 years
Abner Li / 9to5Google:
Google Smart Lock on iOS now leverages Secure Enclave to enable the iPhone's use as a physical 2FA key to sign in to Google apps via Chrome on nearby devices
Kyle Wiggers / VentureBeat:
Google acquires no-code app development platform AppSheet, which had raised ~$19M to date, with plans to migrate AppSheet services to Google Cloud
Ashley Carman / The Verge:
Instagram says it is testing letting some users access DMs from its website
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