June 11, 2016, 6:05 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  — 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 …
Nicole Nguyen / BuzzFeed:
With just the last 4 digits of @deray's SSN, a hacker rerouted texts to another device, bypassing two-factor authentication protecting the activist's accounts  —  Did you know that someone only needs your name and the last four digits of your Social Security number to hack your phone number?
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 …
James Vincent / The Verge:
Score Assured, a startup which lets landlords vet potential tenants based on data from their social media accounts, faces backlash  —  A UK startup has developed software for landlords that lets them analyze potential tenants using data from their social media accounts.
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 …

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