Techmeme
January 15, 2016, 1:55 PM

Top News

Mike Hearn:
Prominent Bitcoin developer Mike Hearn says the crypto-currency is a failure because of community civil wars, a full block chain, and too much Chinese control  —  The resolution of the Bitcoin experiment  —  I've spent more than 5 years being a Bitcoin developer.
Natasha Lomas / TechCrunch:
Pew: Americans' attitudes toward privacy and sharing personal information vary widely, depending on the scenario, benefits offered, likelihood of spam, more  —  Do Americans Care About Privacy?  It Depends, Because Privacy Is Personal...  There have been plenty of premature obituaries …
Ryan Whitwam / Android Police:
Google Play Store letting developers issue 500 free promo codes per quarter for paid apps and in-app purchases  —  Google Is Finally Rolling Out App Promo Codes In The Play Store  —  For years, many of us have been bemoaning the lack of promo codes for Android apps.
Jon Russell / TechCrunch:
Xiaomi Confirms It Sold “Over 70M” Phones In 2015, Falling Short Of 80M Target  —  China's Xiaomi has finally revealed how many smartphones in sold last year.  Kinda.  The company said in a statement today that it sold “over 70 million” devices in 2015.  That's a 15 percent jump …
Mike Isaac / New York Times:
Foursquare's COO Jeff Glueck replaces Dennis Crowley as CEO as firm announces USV-led $45M Series E; valuation around half of prior $650M figure say sources  —  Foursquare Raises $45 Million, Cutting Its Valuation Nearly in Half  —  When Dennis Crowley helped found Foursquare in 2009 …
Ryan Petersen / Flexport:
Amazon's China subsidiary receives US approval to arrange ocean freight shipping for other companies  —  Introducing Ocean Freight by Amazon: Ecommerce Giant Has Registered to Provide Ocean Freight Services  —  Flexport has obtained information that Amazon China has registered to operate …
Drew Olanoff / TechCrunch:
iOS game Stolen! that let you virtually “own” Twitter users shuts down after harassment concerns, including letter by US Rep. Katherine Clark to Twitter  —  Buzzy Social App Stolen Shuts Down Amidst “Concerns” From Users  —  Amidst concerns over the gaming mechanics …
Todd Spangler / Variety:
Netflix says it will block proxy and VPN access, used to bypass country restrictions, in the coming weeks citing content-licensing restrictions  —  Netflix Vows to Shut Down Proxy Users Who Bypass Country Restrictions  —  Netflix, which now offers streaming service in some 190 nations …
Harro ten Wolde / Reuters:
Facebook hires a Bertelsmann business services unit to monitor and delete racist posts in Germany following public criticism  —  Facebook outsources fight against racist posts in Germany  —  Facebook has hired a Bertelsmann business services unit to monitor and delete racist posts …
Paresh Dave / Los Angeles Times:
ESPN.com rolls out e-sports section, says its daily coverage will have the same rigor it has for other sports  —  ESPN.com to cover e-sports with same ‘rigor’ as it does the big leagues  —  An ESPN The Magazine last year focused on e-sports.  Emboldened by the response, ESPN.com plans to aggressively cover video game competitions.
Sarah Perez / TechCrunch:
Beacon Technology Company Estimote Raises $10.7 Million Series A  —  Estimote, a beacon company whose small, wireless sensors and accompanying software provide indoor location technology to some of the largest retailers as well as 65 percent of the Fortune 100, has now closed on $10.7 million in Series A funding.

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