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Techmeme
July 22, 2016, 7:05 PM
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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.

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From Mediagazer

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

Winston Cho / The Hollywood Reporter:
A US judge denies WBD's bid to block Sling TV from selling short-term offerings that let users sign up for access to its bundles for as little as one day

More News

Earlier Picks

Greg Hartrell / Official Android Blog:
Google Play Books debuts Bubble Zoom, which uses machine learning to detect and expand speech bubbles in comic books, starting with some Marvel and DC volumes
Casey Newton / The Verge:
Inside the inaugural test flight of Facebook's first internet drone, Aquila
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