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May 26, 2016, 3:20 AM
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Top News

Andrew Ross Sorkin / New York Times:
Peter Thiel acknowledges he spent around $10M to fund a team of lawyers to help Gawker “victims” like Hulk Hogan sue the company, in act of “deterrence”  —  A billionaire Silicon Valley entrepreneur was outed as being gay by a media organization.
Tom Warren / The Verge:
Report: Microsoft to announce a basic Chromecast-like Xbox streaming device and a more advanced option at E3  —  Microsoft is said to be planning to unveil new Xbox streaming devices at E3 next month.  The software giant has been considering an “Xbox TV” device for at least three years …
Kotaku:
Sources: Microsoft is planning a cheaper, smaller Xbox One for E3 and a more powerful model in 2017; possible partnership with Oculus in the works  —  Microsoft is preparing at least two new Xbox models for release in the next two years, sources tell Kotaku.
BBC:
Foxconn replaces 60K factory workers with robots, denies that it means long-term job losses  —  Apple and Samsung supplier Foxconn has reportedly replaced 60,000 factory workers with robots.  —  One factory has “reduced employee strength from 110,000 to 50,000 thanks to the introduction of robots” …
Bloomberg:
Sources: Google is aiming to reduce Android fragmentation by pressuring carriers, OEMs into pushing out updates more quickly  —  Web giant creates rankings that could shame ecosystem laggards  —  Friendly tactics also used to unify top phone operating system
David Muller / MLive.com:
Google to open a 53K square foot self-driving car development center in Novi, outside of Detroit  —  DETROIT - Google's self-driving car project will open a technology development center in Novi, John Krafcik, who heads the technology giant's autonomous vehicle program, announced on social media Wednesday.
Barb Darrow / Fortune:
Salesforce to spend $400M on Amazon Web Services over next four years according to 10Q statement and sources  —  We knew Salesforce and Amazon Web Services were getting cozy, ever since Salesforce's recent earnings call when its chief executive, Marc Benioff, effusively praised Amazon's cloud unit.
Chris Welch / The Verge:
PayPal to discontinue mobile apps for Windows Phone, BlackBerry, and Amazon Fire on June 30  —  PayPal is thinning the number of mobile operating systems supported by the company's flagship app down to just two: Android and iOS.  The PayPal mobile apps for Windows Phone, BlackBerry …

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From Mediagazer

Tariq Panja / New York Times:
Sources: FIFA is close to giving Apple the global rights for its 2025 World Cup-style soccer competition in the US, likely for ~25% of FIFA's first $4B estimate

Kristen Hare / Poynter:
In its first open call for funding, Press Forward announces support, over two years, of $100,000 each for 100+ newsrooms focused on underserved audiences

Ian Youngs / BBC:
Huw Edwards, the BBC news anchor who has been off air since July 2023 after reports that he paid a young person for explicit images, resigns on “medical advice”

More News

Earlier Picks

Mark Scott / New York Times:
EU proposes new rules to protect minors, combat hate speech, and mandate that video streaming services have 20% European content
Ingrid Lunden / TechCrunch:
Microsoft is laying off 1,850 to “streamline” its smartphone business, takes $950M charge
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