Techmeme
June 11, 2016, 2:45 PM

Top News

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 …
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.
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 …
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 …
Sarah Perez / TechCrunch:
Moments now #1 in App Store after Facebook warns users it will delete Synced photos on July 7  —  Facebook is continuing its heavy-handed push to get users to install its private photo-sharing app Moments.  The company's latest move - warning people some of their photos will be deleted …
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.
Joseph Bernstein / BuzzFeed:
Profile of Jay Leiderman, who represented journalist Matthew Keys, and is the best-known criminal defense lawyer for hackers in the US  —  The law offices of Jay Leiderman occupy the third floor of a beige building in an unlovely office park across a busy road from a strip mall that features …
Tweets: @bernstein
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 …

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Lora Kolodny / TechCrunch:
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