Techmeme
July 31, 2016, 6:25 PM

Top News

Leslie Hook / Financial Times:
Source: Uber to invest $500M into its own global mapping project  —  Uber is preparing to pour $500m into an ambitious global mapping project as it seeks to wean itself off dependence on Google Maps and pave the way for driverless cars.  —  The San Francisco-based transportation company …
Bruce Schneier / Schneier on Security:
Reuters:
Bruce Schneier / Motherboard:
How the rise of the Internet of Things threatens to make it much easier for cyberattacks to cause damage in the real world  —  Disaster stories involving the Internet of Things are all the rage.  They feature cars (both driven and driverless), the power grid, dams, and tunnel ventilation systems.
Jeffrey Rodman / Backchannel:
Polycom's co-founder Jeffrey Rodman recounts the early days of his $2B company  —  Polycom's co-founder on the best investment he ever made, and why thinking small is a big idea … was March of 1991 and Polycom co-founder Brian Hinman and I were on yet another urgent trip to buy components.
Tweets: @stevenlevy
Sean Michael Kerner / eWeek:
Google has issued patches for 115 Android Stagefright-related flaws since vulnerability was made public a year ago  —  On July 27, 2015, news broke about Stagefright, a vulnerability in Android.  A year later, it's clear that Stagefright has had a major impact on the mobile security world …
Paul Ziobro / Wall Street Journal:
Walgreens to shutter Drugstore.com and Beauty.com, which were a part of a $429M acquisition in 2011, to focus on its own website  —  Retailer also to shutter Beauty.com as part of a broader plan to cut costs  —  Walgreens Boots Alliance Inc. on Thursday said it is shutting down two websites …
Jonathan Vanian / Fortune:
Cisco cybersecurity report: 9.5K ransomware victims pay ransoms each month, the average ransom is about $300, generating up to $34M a year for hackers  —  Companies are still using outdated technology leaving them prone to cyber attacks, security researchers are losing their confidence …

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