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Techmeme
November 19, 2015, 12:50 PM
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Ruth Reader / VentureBeat:
Square debuts at $11.20 per share, is trading up more than 40%  —  Today Square began trading at $11.20 a share on the New York Stock Exchange, up slightly from its $9 pricing last night.  The stock is currently up 32 percent from market open.  —  Square's public offering has been the subject of much discussion.
Wall Street Journal:
Square pays $93M penalty to investors like Rizvi Traverse, J.P. Morgan, and others, thanks to ratchet clause in its 2014 round  —  Square Pays $93 Million Penalty to Some Investors in IPO  —  Square Inc. will have to give some investors additional shares valued at $93 million …
Fortune:
Square prices IPO at $9 per share, below $11-$13 range, valuing company at $2.9B  —  Square prices IPO at just $9 per share, valued at $2.66 billion  —  Jack Dorsey's payment company disappoints.  Square, the payment technology company founded and led by Twitter CEO Jack Dorsey …
Noah Kulwin / Re/code:
On Eve of IPO, Match Group Disavows Tinder CEO Sean Rad's Disastrous Interview  —  This morning, the Internet collectively pointed and laughed at Tinder CEO Sean Rad for giving a trainwreck of an interview to the London Evening Standard.  In the article, Rad confused the definition of sodomy …
Reuters:
Starboard asks Yahoo to sell core business instead of Alibaba stake  —  Activist investor Starboard Value LP asked Yahoo Inc (YHOO.O) to drop plans to sell its stake in Alibaba Group Holdings Ltd (BABA.N) due to tax concerns, and instead urged the company to sell its core search and display advertising businesses.
Ben Lovejoy / 9to5Mac:
iFixit Apple Pencil teardown reveals twin emitters to measure angle & orientation, logic board folded in half  —  No new Apple tech survives long without being taken apart by iFixit, and the Apple Pencil is no exception.  Apple didn't make it easy, however, with iFixit having to resort …
Richard Lawler / Engadget:
Amazon quietly turned on two-factor authentication a few weeks ago after private beta  —  It's time to secure your Amazon account with two-factor authentication  —  Relying solely on passwords to secure important accounts may be outdated, but until they're gone for good your best alternative …
Cecilia Kang / New York Times:
YouTube to pay legal fees for a few video creators who are targets of unfair DMCA takedown demands  —  YouTube to Pay Fees for Some Video Makers to Fight Takedowns  —  WASHINGTON — Since its inception, YouTube has been embroiled in long and bitter battles over copyright infringement.
Andy Greenberg / Wired:
Zerodium publishes hack price list: cracking an Android or Windows Phone could cost $100K, but expect to pay $500K to crack iOS  —  Here's a Spy Firm's Price List for Secret Hacker Techniques  —  The trade in the secret hacker techniques known as “zero day exploits” has long taken place in the dark …
Cleve R. Wootson Jr / The Charlotte Observer:
Operator of two sites specializing in pirated music, RockDizMusic.com and RockDizFile.com, gets three years in prison and must pay $48K restitution  —  Music piracy case sends Charlotte man to federal prison for 3 years  —  Rocky Ouprasith ran the nation's second largest illegal music file-sharing site
Andrew Cunningham / Ars Technica:
iFixit gives modular Fairphone 2 a rare 10 out of 10 for repairability [Updated]  —  It's bulky and its specs are almost two years old, but it's easy to pop open.  —  iFixit's teardowns are handy disassembly guides, and they're great for confirming just what hardware is included inside our gadgets …
Jimmy Westenberg / Android Authority:
Google Play Store to display “ad-supported” label for all apps containing ads starting in early 2016  —  Google Play Store app listings in 2016 will let users know if any app contains ads  —  Listings in the Google Play Store will soon be much more upfront about whether or not they feature advertising.

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From Mediagazer

Gene Maddaus / Variety:
Swiss film producer Simon Afram sues Netflix for $105M, saying Netflix lost an unencrypted copy of a film starring Nicolas Cage that he spent $45M to produce

Alex Sherman / CNBC:
NBCU's deal with YouTube Premium signals a new phase in the streaming wars where platforms weigh deals with other companies to add content to their platforms

Nellie Andreeva / Deadline:
Sources: Disney is selling its 50% stake in A+E Global Media to co-owner Hearst Communications in a deal believed to be all in cash and worth north of $1B

More News

Jon Russell / TechCrunch:
LG partners with local banks to launch its own mobile payment service in South Korea, no word on international plans yet
Adnan F. / SamMobile:
Samsung unveils BRITECELL camera sensor technology with enhanced sensitivity in low light, likely to ship with Galaxy S7 next year
Jon Russell / TechCrunch:
India's ride-sharing company Ola raises $500M at $5B valuation to maintain its lead over Uber in the country

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