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July 24, 2016, 10:15 AM
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Top News

Kara Swisher / Recode:
Sources: Yahoo informs others that Verizon has won the bidding process; $5B deal expected to be announced by Monday  —  Verizon and Yahoo are set to announce that they are striking an acquisition deal, according to sources close to the situation.  The news is expected by Monday, although that could come earlier or later.
Brian Crecente / Polygon:
Pokémon Go sets App Store record for most downloads in its first week, Apple confirms  —  CLASH OF WHAT NOW?  —  There is still no official word on the number of times the incredibly popular Pokémon Go game has been downloaded, but Apple today confirmed to Polygon that the game has broken a record.
David Ruddock / Android Police:
Sources: Cyanogen Inc. is undergoing major layoffs, may “pivot” to apps  —  We're hearing from multiple sources that Cyanogen Inc. is in the midst of laying off a significant portion of its workforce around the world today.  The layoffs most heavily impact the open source arm of the Android ROM-gone-startup …
Rose Eveleth / Fusion:
Police asked this 3D printing lab to recreate a dead man's fingers to unlock his phone  —  Last month, law enforcement officers showed up at the lab of Anil Jain, a professor at Michigan State University.  Jain wasn't in trouble; the officers wanted his help.
Joseph Cox / Motherboard:
Judge Orders Yahoo to Explain How It Recovered ‘Deleted’ Emails in Drugs Case  —  A judge has ordered Yahoo to present a witness and provide documents explaining how the company handles supposedly deleted emails.  —  The move comes in the appeal case of a drug trafficker who was convicted …
More: BetaNews and Engadget
Leena Rao / Fortune:
Jet.com execs talk about first 12 months since launch, future plans, say company is now on a $1.1B annual run rate  —  A year ago yesterday, Jet.com, the e-commerce upstart gunning for Amazon, opened for business.  It premiered with a huge amount of hype after getting hundreds of millions …
Tweets: @sub8u
Tom Spring / Threatpost:
EFF sues US over Digital Millennium Copyright Act clause that restricts tinkering with systems that protect copyrighted materials like films, audio, and code  —  The Electronic Frontier Foundation filed a lawsuit Thursday against the U.S. Government over a provision within …
Lorenzo Franceschi-Bicchierai / Motherboard:
Phineas Fisher, the hacker behind the Hacking Team and FinFisher breaches, talks about his motives and views of the hacking tool industry  —  A little bit over a year ago, the normally quiet Twitter account of Hacking Team, an Italian company that sells spying tools to governments all over the world, started acting weird.
Brad Chacos / PCWorld:
Nvidia unveils new flagship graphics card, the $1,200 Titan X with 12GB GDDR5X memory, claims it is up to 60% faster than previous Titan X, goes on sale Aug. 2  —  Well THAT came out of nowhere.  —  While much of the United States was either preparing to tuck in for the night …
Lucas Shaw / Bloomberg:
Pandora misses targets for Q2 with revenue of $343M, up 20% YoY but lower than projections of $351.7M; active listeners fall to 78.1M from 79.4M a year ago  —  Pandora Media Inc., the Internet radio service that's become the subject of heated merger speculation, posted second-quarter revenue …

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This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, July 24, 2016.

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From Mediagazer

David Ingram / NBC News:
Hyundai says it is pausing ads on X, after one ad appeared next to antisemitic and pro-Nazi content; the ad appeared on a user profile that had 55K+ followers

New York Times:
Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance

Sara Fischer / Axios:
CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M

More News

Andy Greenberg / Wired:
Edward Snowden and hacker Andrew Huang present designs for a device to monitor whether your iPhone's radios are transmitting when they are supposed to be off
TechCrunch:
Sources say Reddit's efforts to remake itself are faltering under CEO Steve Huffman and founder Alexis Ohanian's leadership as more key employees depart

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