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Techmeme
June 21, 2016, 10:55 AM
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Top News

Kurt Wagner / Recode:
Twitter and Vine to support 140 second videos, will share revenue with influential Vine creators  —  Vine is expanding its video limit to 140-seconds.  —  There are a lot of places you can go on your phone to watch videos — Facebook, YouTube and Snapchat are a few popular options.
Jason Abbruzzese / Mashable:
Twitter's new Engage app makes it easier for celebs to handle their fans  —  A decent chunk of Twitter's early success came from its adoption by major celebrities as a way to speak directly to their fans — with the occasional chance for those fans to speak back.
Josh Constine / TechCrunch:
Instagram doubles monthly users to 500M in 2 years, sees 300M daily  —  Photos transcend language barriers, leading Instagram to hit a major milestone today, Its growth is actually accelerating over time, thanks to popularity overseas in countries like Japan, Germany, France, and Indonesia.
Wall Street Journal:
Tencent and its partners to pay $8.6B for a majority stake in Supercell, in a deal that values the Finnish game maker at $10.2B  —  Chinese internet major's deal to buy stake from Japan's SoftBank values Supercell at $10.2 billion  —  HONG KONG—Chinese internet giant Tencent Holdings Ltd …
Alexander Martin / Wall Street Journal:
SoftBank President Nikesh Arora to Step Down  —  Former Google executive has been under pressure from investors  —  TOKYO—Under fire from investors, SoftBank Group Corp. President Nikesh Arora is stepping down, marking an abrupt end to the tenure of founder and Chief Executive Masayoshi Son's handpicked successor.
Rob Levine / Billboard:
Taylor Swift among 180 artists and organizations signing petition for DMCA reform in ad spot, protesting “safe harbor”, upon which services like YouTube rely  —  For the last three months, the music industry has been fighting — or at least negotiating in public — with YouTube.
Zac Hall / 9to5Mac:
Adobe Creative Cloud update brings Content-Aware Crop to Photoshop, new VR features, more  —  Today Adobe is shipping updates to its Creative Cloud desktop apps for CC subscribers including new features in Photoshop plus enhancements to After Effects CC, Adobe Experience Design (XD) Preview, and more.
Paul Sawers / VentureBeat:
Peter Thiel-backed mobile banking startup Number26 raises $40M in Series B round led by Horizons Ventures, touts over 200K users  —  Number26, a Peter Thiel-backed mobile banking startup that's setting out to create the bank account of the future, has raised $40 million in a Series B round led by Horizons Ventures.
More: Tech.eu and TechCrunch
Tim Hardwick / MacRumors:
Bank of America offering cardless withdrawals using Apple Pay at over 3K ATMs equipped with NFC in US  —  Bank of America has begun rolling out support for withdrawing cash from its ATMs using Apple Pay.  —  Approximately 650 card-less ATMs were deployed in the San Francisco area in May …
Tony Romm / Politico:
Apple CEO Tim Cook will host a fundraiser for House Speaker Paul Ryan next week in the wake of Apple pulling support for the GOP convention over Trump  —  Apple CEO Tim Cook will host a fundraiser with House Speaker Paul Ryan next week as the iPhone maker tries to strengthen its relationships …
Frederic Lardinois / TechCrunch:
Docker builds container orchestration right into its core Docker Engine  —  Docker, which is hosting its sold-out developer conference in Seattle this week, today announced a major addition to its core Docker Engine.  While the company previously split up many of the features it takes …

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

Wall Street Journal:
Sources: Disney plans a TV restructuring that is expected to result in more layoffs and consolidation of divisions as it pivots from linear TV toward streaming

More News

Devindra Hardawar / Engadget:
Huawei's Surface competitor, the MateBook, is headed to the US on July 11 starting at $699
Ken Yeung / VentureBeat:
All of Facebook's board of directors, including Peter Thiel, are re-elected, and shareholders vote to issue non-voting Class C shares

Earlier Picks

Sarah Perez / TechCrunch:
Tumblr to launch live video on Tuesday with an expanded strategy for real-time content
Wall Street Journal:
China has 167 machines in Top500 list of fastest supercomputers, edging out 165 for US, and China's new Sunway TaihuLight computer is 2x as fast as any machine
Madhumita Murgia / Telegraph:
Spotify says it has 100M+ monthly active users, adding 1.8M monthly, with 30% as paying subscribers
Ron Miller / TechCrunch:
Dell sells software unit to Francisco Partners and Elliott Management for undisclosed sum
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