Techmeme
July 22, 2016, 7:05 PM

Top News

Kara Swisher / Recode:
Sources: Verizon is close to a deal to acquire Yahoo for about $5B  —  The plan is to combine it with AOL.  —  Verizon is closing in on a deal to buy Yahoo's core business for about $5 billion, according to sources familiar with the talks.  —  Verizon has long been considered the favorite …
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 …
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 …
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 …
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  —  When Edward Snowden met with reporters in a Hong Kong hotel room to spill the NSA's secrets, he famously asked them put their phones …
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  —  It's been one year since Reddit revolted.  When the company cracked down on revenge porn and subreddits containing offensive content last summer …
Ingrid Lunden / TechCrunch:
MasterCard jumps into UK payments technologies, buys VocaLink for up to $1.14B  —  For those keeping tabs, one more big tech company built and operating in the UK has been snapped up by another company from abroad.  Today, MasterCard Inc. announced that it has agreed to acquire 92.4% of VocaLink …
Janko Roettgers / Variety:
Redbox confirms it is testing Redbox Digital video streaming service  —  Redbox is officially venturing back into streaming — on a trial basis, anyway.  A Redbox spokesperson told Variety Thursday that the company has started to test its new streaming service, dubbed Redbox Digital, with some customers.
Se Young Lee / Reuters:
Samsung Electronics countersues Huawei in China for patent infringement  —  Tech giant Samsung Electronics Co Ltd (005930.KS) said on Friday it sued smartphone rival Huawei Technologies Co Ltd [HWT.UL] for patent infringements through multiple courts in China, escalating a legal conflict between the two companies.
Jordan Novet / VentureBeat:
Salesforce acquires data center analytics startup Coolan  —  Coolan, a startup that developed software for analyzing data about data center hardware, today announced that it has been acquired by Salesforce.  Terms of the deal weren't disclosed.  —  It was not long ago that Coolan launched.

Sponsor Posts

Smartsheet:
Smartsheet's CEO: Our Software Market Is Still in Its Early Stages  —  During a talk with TheStreet, Mark Mader argues his firm's work execution platform still has a lot of headroom to displace manual business processes.
Zoho:
SMS Campaigns, the fifth gear of marketing  —  It wasn't long ago when we associated SMS with casual and instant on-the-go messaging.  It is because of this characteristic, people never considered SMS as a serious marketing tool.
Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Intel:
Here's why gamers should go with a processor that has high IPC and can hit the highest frequencies  —  Adding core count for core count's sake does not create a better gaming experience
Mattermost:
Open source ChatOps is here  —  Mattermost ChatOps brings you an end-to-end open source ChatOps suite that makes bringing your DevOps systems together simple, prescriptive, and open.

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Greg Hartrell / Official Android Blog:
Casey Newton / The Verge: