Techmeme
December 8, 2020, 5:10 AM

Top News

Jessica Bursztynsky / CNBC:
Uber's self-driving unit, Advanced Technologies Group, to be acquired by rival Aurora Innovation in a deal valuing ATG at $4B; source: Aurora now valued at $10B  —  - Self-driving vehicle start-up Aurora is acquiring Uber's Advanced Technologies Group, which works on self-driving technology.
Alan Boyle / GeekWire:
SpaceX's Starlink satellite network wins $885M in federal aid for rural broadband, as part of a $9.2B allocation by FCC to be paid across 180 auction bidders  —  SpaceX's Starlink satellite network — which relies on hundreds of spacecraft built in Redmond, Wash. — has been awarded $885.5 million …
Connie Chan / Andreessen Horowitz:
In a new era of video ushered in by TikTok, real-time interactivity is baked into viewing experiences, which may lead to shifts in education, shopping, and more  —  Social Strikes Back is a series exploring the next generation of social networks and how they're shaping the future of consumer tech.
Sean Hollister / The Verge:
Google says Stadia users will be able to live stream directly to YouTube starting December 8  —  Finally fulfilling its biggest original promise  —  From the very beginning, Google Stadia and YouTube were supposed to work together — thanks to the magic of cloud computing …
More: 9to5Google, Engadget, and SlashGearTweets: @jaycuthrell
Timothy B. Lee / Ars Technica:
A look at Waymo's driverless taxi service, in Phoenix suburb Chandler, which seems to work well but still only offers ~100 rides/week and limits cars to 45 mph  —  Human drivers are pretty safe, making it hard to prove driverless tech is safer.  —  Waymo has long kept details …
Kristine Owram / Bloomberg:
MicroStrategy, which was the first publicly traded company to invest in bitcoin and, as of Dec. 4, held 40,824 BTC, is raising up to $400M in debt to buy more  —  MicroStrategy Inc. is doubling down on its Bitcoin bet, saying Monday that it plans to offer $400 million of convertible bonds in order to buy more of the cryptocurrency.
Lizette Chapman / Bloomberg:
Palantir wins a three-year deal worth $44.4M with the FDA to use Palantir software to power drug reviews and inspections, including possible COVID-19 treatments  —  Palantir Technologies Inc. won a deal with the U.S. Food and Drug Administration to help power drug reviews and inspections …
More: Reuters and CNBC
Kyle Wiggers / VentureBeat:
Sydney-based shipping logistics service Shippit says it has raised ~$22M Series B to help fuel its expansion in Southeast Asia  —  Sydney-based shipping logistics platform Shippit today nabbed AU$30 million (approximately $22 million), bringing its total raised to date to over $31 million.
Dan Seifert / The Verge:
Google starts rolling out Apple Music support to Assistant smart speakers and displays, including its Nest products, in the US, UK, France, Germany, and Japan  —  Stream Apple Music on a Nest Audio  —  Google has announced that Apple Music is now available on smart speakers and displays …
Lawrence Abrams / BleepingComputer:
Sources: a Foxconn facility in Mexico was hit by ransomware in Nov., resulting in website outage and business docs leaked, as the attackers demand a $34M ransom  —  Foxconn electronics giant suffered a ransomware attack at a Mexican facility over the Thanksgiving weekend …
More: Decrypt
Joyce Lee / Reuters:
LG says it has reorganized its mobile phone division, which has reported a loss for 22 consecutive quarters, to outsource low- and mid-range smartphones  —  SEOUL (Reuters) - LG Electronics said on Monday it had reorganised its mobile phone division to increase outsourcing of its low to mid-end smartphones …

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More News

Catalin Cimpanu / ZDNet:
Wall Street Journal:
Ingrid Lunden / TechCrunch:

Earlier Picks

Bloomberg:
Maureen Farrell / Wall Street Journal: