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Techmeme
January 3, 2016, 5:30 PM
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Top News

Ian King / Bloomberg Business:
Nvidia estimates that just 13M PCs in 2016 will have the graphics capabilities needed to run VR  —  Few Computers Are Powerful Enough to Support Virtual Reality  —  VR headsets are almost ready to hit stores, but less than 1 percent of PCs will be capable of running them.
Nick Statt / The Verge:
Microsoft launched an iPhone selfie app to intelligently enhance your self-portraits  —  Microsoft made a selfie app for the iPhone  —  Microsoft's newest app for iOS isn't a piece of productivity software.  No, it's a selfie app.  Unambiguously called Microsoft Selfie …
Vivienne Walt / Fortune:
How Amazon aims to conquer India, the next “trillion-dollar market”  —  Amazon Invades India  —  How Jeff Bezos aims to conquer the next “trillion-dollar market.”  The inside story.  —  In the blistering heat one recent afternoon, a crowd of people gathered down a narrow side street …
Tweets: @benbajarin and @sassy_spy
The Verge:
What to expect at CES 2016: virtual reality demos, smart home products, wearables, drones, and more  —  Here's what to expect at CES 2016 next week  —  It's officially a new year, which means that once we've shaken off the grogginess of a cheap alcohol-induced hangover …
Nathan Donato-Weinstein / bizjournals:
Sources: Yahoo looking to sell 48.6-acre property in Santa Clara that it bought in 2006 for $106M  —  Exclusive: Yahoo putting huge Santa Clara development site up for sale  —  For years, even as Yahoo's growth stalled, executives had this message for would-be suitors of its real estate: Thanks, but no thanks.
Joe Mullin / Ars Technica:
As Microsoft and Corel battle in patent lawsuits, EFF notes the absurdity of one Microsoft design patent, for a slider  —  Microsoft patents a slider, earning EFF's “Stupid Patent of the Month” award  —  The patent is ammo in a battle between MS Word and Corel's WordPerfect.

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From Mediagazer

The Wrap:
The FCC votes to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin

Hannah Miller / Bloomberg:
Source: Paramount and the NFL have paused negotiations over a potential increase of 50%+ on CBS's $2.1B/year deal amid legal challenges to its WBD acquisition

Etan Vlessing / The Hollywood Reporter:
Lionsgate reports Q1 revenue up 48% YoY to $776.6M, vs. $693.1M est., net loss of $28.8M, vs. $109M a year earlier, adjusted OIBDA of $79.3M, vs. $65.5M est.

More News

Darren Rovell / ESPN:
New York attorney general amends suit against DraftKings, FanDuel, seeking that profits made in NY be returned, users' losses be repaid, and $5K fine per case

Earlier Picks

Oculus:
Oculus Touch controller delayed to second half of 2016, Oculus Rift remains on schedule to ship in Q1 2016
Rob Price / Business Insider:
Twitter is reversing its ban on political watchdog Politwoops
BBC:
Sources: BBC websites hit by DDoS attack, services disrupted for several hours
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