Techmeme
August 9, 2016, 7:55 AM

Top News

Joe Rossignol / MacRumors:
KGI: Apple Watch 2 coming later this year with GPS, barometer, similar form factor, faster processor, superior waterproofing, and a higher capacity battery  —  KGI Securities analyst Ming-Chi Kuo issued a research note to investors today in which he predicts an all-new Apple Watch 2 …
Mark Gurman / Bloomberg:
Sources: new iPhones to be unveiled next month with haptic feedback on the home button, no headphone jack, and a dual-camera system on the larger model  —  Apple shifts from two-year redesign cycle for latest models  —  New camera on larger phone sharpens low-light photographs
Brian Krebs / Krebs on Security:
Hundreds of computer systems breached at Oracle, including the customer service portal for its MICROS POS CC payment service; Oracle prompts password resets  —  A Russian organized cybercrime group known for hacking into banks and retailers appears to have breached hundreds of computer systems …
Wall Street Journal:
Power outage at Atlanta data center disrupts Delta's global computer systems, resulting in widespread flight delays and 450+ cancellations  —  U.S. carrier says global computer system brought down by power outage in Atlanta  —  Delta operations world-wide were disrupted by a systems outage on Monday
Todd Spangler / Variety:
Hulu phases out its own free streaming service, inks deal with Yahoo to provide TV episodes to Yahoo View, Yahoo's new ad-supported TV streaming site  —  Hulu inks deal with Yahoo to provide free, ad-supported episodes of TV shows  —  Hulu is moving to an all-subscription model …
Ingrid Lunden / TechCrunch:
Google buys Orbitera, a platform for buying and selling cloud-based software; source says Google paid $100M+  —  Google today announced another acquisition that will help the company improve how it competes against Amazon's AWS, Salesforce and Microsoft in the area of enterprise services …
Rick Tetzeli / Fast Company:
In wide-ranging interview, Apple execs say 2012 Maps debacle led to public beta testing for new iOS releases  —  iPhone sales have slumped, stock is down, and pundits insist Apple is a tech laggard.  But the company may be stronger than ever.  —  Eddy Cue doesn't look like a man in the midst of his toughest year in decades.
Walmart:
Walmart to buy Jet.com for $3B in cash and $300M in stock  —  Deal Positions Walmart for Expanded e-Commerce Growth and Customer Reach  —  Wal-Mart Stores, Inc. and Jet.com, Inc. today announced they have entered into a definitive agreement for Walmart to acquire Jet for approximately $3 billion in cash …
Jason Del Rey / Recode:
Biz Carson / Business Insider:
Skully files for bankruptcy as former employee files suit alleging founders misappropriated funds  —  Two brothers used their company's money as a “personal piggy bank,” a new lawsuit by their former bookkeeper claims, before the startup shut down suddenly last week.
BBC:
Iran becomes first country to ban and block access to Pokémon Go, following a years-old religious ruling issued against an earlier Pokémon card game  —  Authorities in Iran have banned the Pokemon Go app because of unspecified “security concerns”.
Ingrid Lunden / TechCrunch:
Randstad buys Monster for $429M as recruitment consolidation continues  —  Yet one more significant piece of M&A in the online recruitment industry.  Today Randstad Holdings, an Amsterdam-based human resources and recruitment specialist, announced that it would acquire job hunting portal Monster Worldwide, for $429 million in cash.

Sponsor Posts

eero:
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TechCrunch Disrupt SF:
Catch the founder & CEO of Revolut at Disrupt SF  —  Nikolay Storonsky took his company from a $350 million valuation to a $1.7 billion valuation in under six months.  Hear how he did it at Disrupt SF this September.

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