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June 10, 2016, 5:35 PM
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Peter Kafka / Recode:
Gawker files for bankruptcy, sources say it already has a firm bid from Ziff Davis for under $100M, will fight Thiel/Hogan case and continue operations  —  Gawker and Nick Denton say they won't pay Hulk Hogan and Peter Thiel $140 million.  —  Peter Thiel is getting closer to his goal …
Robert McMillan / Wall Street Journal:
Twitter notifies users of threat after millions of usernames and passwords appear online, says credentials were not stolen from Twitter computers  —  Social media service notifies users of threat after database with usernames, passwords leaked  —  Twitter Inc. has notified millions of users …
Bloomberg:
Sources: Intel wins contract to supply modem chips for some iPhones  —  Qualcomm to remain provider of chips in China, Verizon phones  —  Qualcomm CEO had said he expected major customer to diversify  —  Apple Inc.'s next iPhone will use modems from Intel Corp., replacing Qualcomm Inc. chips …
Tim Bradshaw / Financial Times:
Sony confirms plans to launch an upgraded PS4 with 4K support, says the console won't be unveiled next week at E3  —  Sony is developing an upgraded version of its PlayStation 4 gaming console that will offer ultra-high definition 4K resolution and richer graphics, according to the unit's chief executive …
Julia Love / Reuters:
Sources: Amazon to launch $9.99/mo standalone streaming music service late summer/early fall  —  Amazon.com Inc is preparing to launch a standalone music streaming subscription service, placing it squarely in competition with rival offerings from Apple Inc and Spotify, according to two people with knowledge of the matter.
Lora Kolodny / TechCrunch:
Facebook now lets users comment with a video  —  Facebook launched video comments today, a feature that acknowledges the meteoric rise and continued growth of online video creation and consumption.  —  By 2020, internet video traffic will represent 82% of all consumer internet traffic …
Andrew Cunningham / Ars Technica:
“Bluetooth 5” spec coming next week with 2x more range and 4x better speed  —  New standard also aims to expand usefulness of wireless beacons.  —  Bluetooth 5.0, the latest version of the ubiquitous wireless standard, is set to be announced on June 16 according to an e-mail sent by Bluetooth SIG Executive Directory Mark Powell.
Mary Jo Foley / ZDNet:
Jeff Han, Microsoft Surface Hub chief and founder of Perceptive Pixel, several Holoportation researchers leave company to form a stealth startup perceptiveIO  —  A number of Microsoft employees, including the founder of Perceptive Pixel, and several researchers working on 'Holoportation …
More: Fast Company and Petri
Dan Seifert / The Verge:
Lenovo announces $499 Phab 2 Pro smartphone, the first consumer device with Google Tango AR tech, featuring 6.4-inch display, 16MP camera, available September  —  Lenovo is today announcing a new range of smartphones that will be coming to the US later this year.
Dan Seifert / The Verge:
Lenovo announces flagship phones, the Moto Z and the Moto Z Force, with snap-on accessories like speakers and batteries, that attach via magnets

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From Mediagazer

Nicholas Fandos / New York Times:
Talk radio station WABC suspends Rudy Giuliani and cancels his daily show, saying he broke rules by trying to discuss discredited claims about 2020's election

Louis Staples / Rolling Stone:
Ahead of the Eurovision finals on May 11, tensions over the Israel-Gaza war complicate the organizers' efforts to maintain an appearance of political neutrality

John Ourand / Puck:
Sources: Netflix is nearing a deal to stream two NFL games on December 25

More News

Earlier Picks

Pui-Wing Tam / New York Times:
Thomas Perkins, co-founder of Kleiner Perkins Caufield & Byers, dies at 84
Andy Huang / Facebook:
Facebook rolling out ability to upload and view 360-degree photos on iOS and Android
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