Techmeme
May 29, 2016, 2:10 PM

Top News

Steve Kovach / Tech Insider:
Sources: Jawbone has stopped making UP fitness trackers, sold the remaining inventory to a reseller at a discount to raise cash  —  Jawbone has stopped making its UP fitness trackers and sold its remaining inventory to a third-party reseller, sources familiar with the matter told Tech Insider.
Dissent Doe / The Daily Dot:
FBI raids home of security researcher who discovered unencrypted sensitive health data of 22K dental patients on an unsecured public FTP server  —  Someone alerts you to exposed, unencrypted patient information on your FTP server.  Is the correct response to thank them profusely or try to have them charged as a criminal hacker?
Reuters:
Sources: the Feinstein-Burr encryption bill has lost support in Congress, likely won't be introduced this year  —  After a rampage that left 14 people dead in San Bernardino, key U.S. lawmakers pledged to seek a law requiring technology companies to give law enforcement agencies a “back door” …
Nathaniel Popper / New York Times:
Researchers report vulnerabilities in The DAO, an Ethereum-based organization resembling a VC fund, letting attackers freeze or steal cryptocurrency  —  A group of computer scientists released a paper on Friday describing a number of security vulnerabilities in a novel cryptocurrency crowdfunding project …
New York Times:
Some Silicon Valley luminaries, including Vinod Khosla and Jessica Livingston, express approval for Peter Thiel's tactics against Gawker  —  SAN FRANCISCO — After the news that one of Silicon Valley's stars secretly funded a lawsuit to bring down a gossip site, the overwhelming response …
Peter Bright / Ars Technica:
Investigation into SWIFT breach expands to 12 more banks; Symantec corroborates BAE's report that hackers used code similar to North Korean Sony hack  —  Symantec becomes the second firm to link the hack to the Sony Pictures attack.  —  The investigation into the attempted $1 billion electronic heist …
Ingrid Melander / Reuters:
French finance minister rules out Google tax deal, more firms could be targeted  —  France will “go all the way” to ensure that multinationals operating on its soil pay their taxes and more cases could follow after Google and McDonald's were targeted by tax raids, Finance Minister Michel Sapin said.
Tweets: @ron_miller
Pew Research Center:
Pew: 62% of US adults get news on social media; 66% of Facebook, 23% of Instagram, 21% of YouTube, 19% of LinkedIn users get news there  —  A majority of U.S. adults - 62% - get news on social media, and 18% do so often, according to a new survey by Pew Research Center …
Megan Rose Dickey / TechCrunch:
Scoop raises $5.1M seed for enterprise carpooling service led by Signia Venture Partners, joined by Index Ventures, BMW i Ventures, Workday Corporate Ventures  —  Scoop, a corporate carpooling service that works with companies like Tesla, Twitter and Cisco, has raised a $5.1 million round …
More: PYMNTS.com

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Kyle Orland / Ars Technica:

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Lorenzo Franceschi-Bicchierai / Motherboard: