Techmeme
February 24, 2020, 11:00 PM

Top News

Ingrid Lunden / TechCrunch:
Intuit confirms that it is buying Credit Karma for $7.1B in cash and stock, says it plans to keep Credit Karma as a standalone operation  —  The week is kicking off with a major piece of M&A in the world of financial technology startups.  Today Intuit — the accounting …
Michael Potuck / 9to5Mac:
Kuo: Apple will release its first ARM-based Mac in the next 12 to 18 months, using an Apple designed chip instead of an Intel processor  —  Ming-Chi Kuo is out with a new analyst note today and the most interesting part of the forecast is that Apple will release its first Mac with its own processor in the first half of 2021.
Nick Turner / Bloomberg:
Netflix says it will launch top 10 lists to rank the most popular shows and movies, updated daily, after testing the feature in Mexico and the UK  —  - Top 10 lists will be rolled out after tests in U.K. and Mexico  — New feature will appear in the service and be updated daily
Gareth Corfield / The Register:
Samsung discloses website breach after some users see strangers' data and says an unrelated glitch caused push notifications to users from Find My Mobile app  —  Tight-lipped chaebol still won't talk about the dodgy app, though  —  Samsung has admitted that what it calls a “small number” …
Michael McWhertor / Polygon:
Microsoft reveals more Xbox Series X details: 12 teraflops of GPU performance, up 2x from the Xbox One X; support for 8K gaming; and a “quick resume” feature  —  Next-generation Xbox boasts 12 teraflops GPU  —  Microsoft revealed new details on its next-generation console …
Tom Warren / The Verge:
Huawei updates the MateBook X Pro with Intel's 10th-gen CPUs and a green option, retaining the 13.9" edge-to-edge touchscreen, starting at €1,499 in April  —  A new paint job for 2020  —  Huawei is updating its MateBook X Pro this year with a new green color option and Intel's 10th Gen processors.
Damien Wilde / 9to5Google:
Janko Roettgers / Protocol:
Ex-employees detail the demise of failed AR startup Daqri, which raised ~$300M and launched half-baked AR products; Snap recently acquired some of its assets  —  Former employees detail the company's rocky path to failure.  —  Everything went wrong for Daqri.
Ron Amadeo / Ars Technica:
Sony unveils Xperia 1 II 5G flagship with a 3.5mm jack, wireless charging, 21:9 6.5" 4K OLED display, 8GB RAM, a 4,000 mAh battery, coming to Europe for €1,199  —  It has a funny name, a square design, and a very high price.  —  It would have been Mobile World Congress this week …
Scott Nover / Adweek:
Uber plans to pay ~1,000 drivers to put ads on top of their vehicles in Atlanta, Dallas, Phoenix by April 1, forming a unit called Uber OOH Powered by Adomni  —  Marks the first time rideshare company has rolled out a company-sponsored ad platform of its own  —  Key insight:
Taylor Soper / GeekWire:
Expedia is laying off ~3,000 employees, 12% of its workforce, says it has been “pursuing growth in an unhealthy and undisciplined way” in email to employees  —  Expedia Group is laying off 12 percent of its workforce, about 3,000 employees, in an effort to “streamline and focus” …
More: CNBCThanks:@cskuhlman

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More News

Tony Romm / Washington Post:

Earlier Picks

Kurt Wagner / Bloomberg:
Laurens Cerulus / Politico:
Shaun Nichols / The Register: