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Techmeme
June 20, 2016, 12:05 PM
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Top News

Jack Dorsey / The Twitter Blog:
Twitter acquires Magic Pony Technology, a machine-learning startup in visual processing  —  Machine learning is increasingly at the core of everything we build at Twitter.  It's powering much of the work we're doing to make it easier to create, share, and discover the very best content …
Mary Jo Foley / ZDNet:
Microsoft kicks off campaign touting battery savings of Windows 10's Edge browser  —  Microsoft is going on the browser offensive with new test results showing Windows 10 Edge bests Google, Opera and Firefox on battery life.  —  Microsoft is kicking off a campaign touting the power-saving capabilities …
Ron Miller / TechCrunch:
Dell sells software unit to Francisco Partners and Elliott Management for undisclosed sum  —  TechCrunch has confirmed that Francisco Partners and Elliott Management have agreed to acquire Dell's software division.  —  Elliott Management and Francisco Partners issued a joint press release confirming the acquisition this morning.
Jamie McGee / Tennessean.com:
Chattanooga mayor credits municipal gigabit broadband for driving city's economic revival over the past few years  —  When Chattanooga Mayor Andy Berke describes his city's economic renewal, he points to the city's fiber network as a significant source of its new vibrancy.
More: Telegraph
Julie Bort / Business Insider:
Profile of Diane Greene, who is retooling all Google's cloud services to work for business customers and compete with AWS  —  The first thing to understand about Diane Greene, the woman Google acqui-hired in November to transform its fragmented cloud business, is that she has the mind of an engineer.
Mark Harris / IEEE Spectrum:
Nexar AI dashcam app raises $10.5M, has profiled driving behavior of over 7M cars  —  If you've been out on the streets of Silicon Valley or New York City in the past nine months, there's a good chance that your bad driving habits have already been profiled by Nexar.
Jo Best / ZDNet:
Head of Nokia Technologies Ramzi Haidamus on phone IP and brand licensing to HMD, entering digital health via Withings acquisition, plans for the VR space, more  —  Nokia's hardware chief reveals what to expect in health, virtual reality, and the Internet of Things
Saritha Rai / Bloomberg:
A look at Ola CEO and co-founder Bhavish Aggarwal's tactics in competing with Uber in India  —  Bhavish Aggarwal, co-founder of the ride-hailing service Ola, is in a pitched battle with Uber Technologies Inc. for domination of India's streets.  But late last year, the streets of Chennai disappeared …
Telis Demos / Wall Street Journal:
Plaid, which provides other fintech firms access to their users' banking data, raises $44M led by Goldman Sachs Investment Partners  —  The company's software allows a variety of financial-technology startups to access their customers' bank-account information

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From Mediagazer

Deadline:
Disney initiates a third round of layoffs under Josh D'Amaro, sources say impacting a couple hundred staff, largely in HR and tech, smaller than prior rounds

John Koblin / New York Times:
Paramount streaming chief Cindy Holland is leaving the company; she joined Skydance as an adviser and became Paramount's direct-to-consumer chief last year

Wall Street Journal:
Sources: the Trump administration used DHS funds to finance pro-Trump ads, including one that is almost identical to a 2024 Trump campaign ad, calling them PSAs

Earlier Picks

Kate Conger / TechCrunch:
After success of Hack the Pentagon pilot, Department of Defense is expanding the program to include more DoD systems and networks
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