Techmeme
January 14, 2016, 7:00 AM

Top News

John Paczkowski / BuzzFeed:
Sources: Apple phasing out in-house iAd sales team as it updates platform to be more automated  —  Apple Steps Back From Its iAd Advertising Business  —  Six years after launching its advertising platform, Apple is moving to phase out its in-house iAd sales team in favor of a new publisher-driven system.
Sam Byford / The Verge:
Samsung strikes deal to produce Qualcomm's Snapdragon 820 processor  —  Samsung announced today that it's begun mass production of chips using the 2nd generation of its 14nm process, the technology that will power both the company's own Exynos 8 Octa processor and that of a major rival: Qualcomm.
Darren Orf / Gizmodo:
Google Cardbaord SDK upgraded with new tools for positional audio to provide 360 degrees of sound  —  Google Cardboard Gets a Big Upgrade With Realistic 3D Audio  —  When you strap on a VR headset, you're immediately in awe of the new digital world that's slowly manipulating your brain.
Akin Oyedele / Business Insider:
GoPro to cut 7% of staff, will take restructuring charge of $5M-$10M, reports weak Q4 revenue guidance for 2015; stock down over 22% after hours  —  GoPro cuts jobs and warns its sales are a disaster  —  GoPro shares are crashing to all-time lows after the company said it is cutting about 7% of its staff and sales are not great.
Emil Protalinski / VentureBeat:
All Skype for Windows users get real-time translation  —  Skype today announced that its Skype Translator tool is now built directly into its main app for all Windows users.  This means Skype for Windows users no longer need a separate app to translate conversations in seven languages …
Gaurav Seth / Windows Blog:
Microsoft open-sources ChakraCore, a standalone version of the JavaScript engine that powers its Edge browser  —  ChakraCore GitHub repository is now open  —  In a December 2015 talk at JSConf US, we announced that we would be open-sourcing the key components of the Chakra JavaScript engine that powers Microsoft Edge.
Lizette Chapman / Bloomberg Business:
Venture capital firms raised $28.2B last year, down from $31.1B in 2014; number of VC funds closed decreased 13% from 2014 to 2015  —  Tech Funding Slowdown Hits Venture Capital Firms  —  The number of venture funds that closed last year decreased 13 percent.
Joe Mullin / Ars Technica:
Yahoo settles e-mail privacy class-action: $4M for lawyers, $0 for users  —  Company won't stop scanning e-mail for ads, but plaintiffs now seem unbothered.  —  In late 2013, Yahoo was hit with six lawsuits over their practice of using automated scans of e-mail to produce targeted ads.

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Stuart Dredge / Music Ally:
Emil Protalinski / VentureBeat: