Techmeme
October 15, 2015, 2:45 AM

Top News

TechCrunch:
Square files publicly for an IPO on $560.6M revenue and $77.6M loss for first half of 2015, seeks listing on NYSE under symbol SQ  —  Square Files For IPO On $560.6M In Half Year Revenue, Slim $77.6M Loss  —  As expected, Square has filed to go public.  The financial transactions shop reported …
William Alden / BuzzFeed:
Square guaranteed investors in its most recent round a 20% return, S-1 shows  —  Square Promised Some Venture Capital Backers A 20% Return  —  The payments company revealed the special provision, known as a ratchet, in its IPO prospectus today.  —  Jack Dorsey, CEO of Square.
More: BBCTweets: @mikeisaac and @joshconstine
Katie Roof / TechCrunch:
Dorsey owns 24.4% of Square, co-founder McKelvey 9.4%, Khosla Ventures 17.3%  —  Jack Dorsey Owns 24.4% Of Square  —  Square's newly revealed IPO filing shows that co-founder and CEO Jack Dorsey is the largest shareholder, owning 24.4 percent of the company.
John Herrman / The Awl:
As news sites see traffic decline, Facebook tests new standalone mobile news app Notify, expected to launch later this month  —  Notes from the Platform's Edge  —  1. In recent weeks I've gotten a handful of notes from people letting me know that something or other is up with websites they work at or run.
Chris Ziegler / The Verge:
Tesla autopilot software begins rolling out to Model S cars in US Thursday, Europe and Asia within weeks; fully autonomous cars three years away says Musk  —  Tesla's cars can drive themselves starting tomorrow  —  At a press event today, Tesla announced the release tomorrow of version 7 …
Ben Popper / The Verge:
Ingrid Lunden / TechCrunch:
Twitter appoints former Google chief business officer Omid Kordestani as executive chairman  —  Omid Kordestani Leaves Google, Joins Twitter As Its Executive Chairman  —  Yet more changes afoot for Twitter as the social network continues its big turnaround effort.
Wall Street Journal:
US Justice Department and FBI investigating whether fantasty sports sites should continue operating under “games of skill” exemption  —  FBI, Justice Department Investigating Daily Fantasy Sports Business Model  —  FBI agents have been contacting customers of DraftKings to ask them about their experiences

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Lauren Goode / The Verge:
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Earlier Picks

Carmel DeAmicis / Re/code: