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Techmeme
July 18, 2016, 7:40 AM
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Financial Times:
SoftBank agrees to acquire ARM Holdings for £24.3B at £17 per share, a 43% premium over last week's closing price  —  Japan's SoftBank has agreed to acquire Arm Holdings, the UK's pre-eminent technology company, for £24.3bn in an enormous bet by the Japanese telecoms group …
Dan Seifert / The Verge:
Samsung will announce the Galaxy Note 7 on August 2nd  —  Samsung has today revealed plans for an event on August 2nd in New York City where it will officially announce the Galaxy Note 7 smartphone.  The Note 7, which has been rumored for months, is expected to have a dual curved display, much like the existing Galaxy S7 Edge.
Georgia Wells / Wall Street Journal:
Facebook shows little progress in diversity report, blames lack of available talent  —  Many observers say talent pipeline isn't primary factor  —  Facebook Inc. said Thursday that it made meager increases in the number of women and minorities working at the social-network giant …
Aaron Souppouris / Engadget:
Sources: Google is working on a headset with a display that will offer AR features and does not require a phone or computer to power it  —  Yesterday Recode published an article suggesting Google has killed a VR project that would have directly competed with high-end headsets like the Oculus Rift.
Mark Bergen / Recode:
Google recently shut down project to create high-end standalone VR headset with non-Android OS
Lizzie Plaugic / The Verge:
Google's diverse emoji for women at work approved by Unicode Consortium  —  Back in May, Google proposed 13 new emoji meant to better represent women in professional fields, and now 11 of those emoji have been approved by the Unicode Consortium.  The new emoji, including a chef, a graduate …
the grugq:
Attempted coup's failure to block internet in Turkey allowed President Erdogan and civilians to organize resistance through FaceTime, Periscope, Facebook Live  —  Rewriting the rulebook on coups, time to add cyberpower  —  Mere hours after the putsch in Turkey has failed, it is still too early to understand exactly what went on.
Devin Coldewey / TechCrunch:
Facebook, Twitter, and YouTube were temporarily blocked or slowed in Turkey during military coup attempt
Matt Turck:
VC at FirstMark on the history of NYC tech ecosystem and why he thinks the ecosystem is slowly catching up to the hype and maturing  —  I'm fascinated by tech ecosystems, and the network effects behind them.  I wrote about Berlin (here) and about Paris (here) But of course …
Kim Nash / Wall Street Journal:
IBM launches platform to let companies test using blockchain technology for supply chain record-keeping  —  IBM's new service will help companies experiment with using the online ledger technology to track high-value goods as they move through supply chains.  Among the first users: a firm that tracks diamonds.
Keith Naughton / Bloomberg:
Civil Maps, a startup that uses AI software to convert data from sensors on self-driving cars into detailed 3D maps, raises $6.6M seed from Ford and others  —  Automaker is among participants in $6.6 million seed funding  —  Civil Maps' system aggregates data from sensors on vehicles

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From Mediagazer

Winston Cho / The Hollywood Reporter:
Letter: Tennessee Deputy Governor Stuart McWhorter urged David Ellison to move Paramount's corporate headquarters from California to Tennessee

Reuters:
Sources: Lionsgate has attracted takeover interest from France's Bolloré Group, owner of Canal+, and Banijay, which just completed an $8B merger with All3Media

Naman Ramachandran / Variety:
BBC DG Matt Brittin says the BBC and UK public service broadcasting face “real jeopardy” as license fee erosion drives BBC's third consecutive annual deficit

More News

Reggie Ugwu / BuzzFeed:
Inside the small teams at Spotify, Google, and Apple that make tens of thousands of playlists listened to by tens of millions of people around the world

Earlier Picks

Ben Sisario / New York Times:
In a non-public filing with the US Copyright Royalty Board, Apple proposes simplified flat rate of 9.1¢ per 100 streams in songwriting royalties
Sarah Perez / TechCrunch:
Netflix launches Flixtape, a tool for making shareable mixtape-like short playlists for shows and movies
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