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August 17, 2016, 12:10 PM
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Top News

Mark Haranas / CRN:
Sources: Cisco Systems to lay off between 9K and 14K employees, which would be the single largest layoff in its 32-year history  —  Cisco Systems is laying off upward of 14,000 employees, representing nearly 20 percent of the networking giant's global workforce, according to multiple sources close to the company.
Cherlynn Low / Engadget:
Kobo launches 7.8" waterproof Aura One e-reader for $229, with a colored backlight for better nighttime reading  —  Whether you read before bed, in the bathtub, during your commute or at the beach, Kobo wants to be there for you.  The e-reader maker just released the $229 Aura One …
Ian King / Bloomberg:
Intel announces licensing agreement with ARM, opening its 10-nanometer production lines to third-parties to make the chips  —  Intel Corp., the world's biggest semiconductor maker, said it's licensing technology from rival ARM Holdings Plc, a move to win more customers for its business that manufactures chips for other companies.
Lucas Matney / TechCrunch:
Intel shows off a wireless all-in-one virtual reality headset called Project Alloy, with all of its cameras, sensors, and input controls built-in  —  Intel moved full-throttle into the VR space with the announcement of an all-in-one virtual reality headset alongside a new Intel Merged Reality platform at the Intel Developers Forum.
Ron Amadeo / Ars Technica:
Hands-on with Huawei Honor 8 dual-camera phone with 5.2" full HD display, 8-core Kirin 950 SoC, 4GB RAM, now available for pre-order in the US starting at $399  —  Huawei's second US-bound “Honor” phone brings another budget flagship option to the table.  —  Huawei might not be well known in the US …
Eva Dou / Wall Street Journal:
Tim Cook pledges to increase investment in China, including creating Apple's first research center in the country, meets with China Vice Premier Zhang Gaoli  —  U.S. tech company plans to set up an independent research center in China  —  BEIJING— Apple Inc. Chief Executive Tim Cook …
Tom Warren / The Verge:
NVIDIA brings desktop GTX 1000 series GPUs to laptops, says they are VR-ready when on AC power  —  Nvidia first tried its hand at putting desktop-class graphics chips inside a notebook last year, with its Maxwell-based GTX 980.  That was a hint at what the US-based technology company was really working on …
Lucas Mearian / Computerworld:
Ford, Baidu each invest $75M in Velodyne LiDAR Inc. that builds 3D-imaging tech for self-driving cars; Ford to double headcount of SV-based research team to 300  —  Ford and China's leading search engine company, Baidu, announced today that they've each invested $75 million in Velodyne LiDAR Inc. …
Johana Bhuiyan / Recode:
Ford plans fleet of fully autonomous cars operating in a riding-hailing service by 2021; CEO says self-driving cars as a service to become main revenue source
Peter Kafka / Recode:
Univision acquires Gawker Media for $135M; Denton says employees will continue work under new ownership “disentangled from the legal campaign”  —  Sold!  —  Univision has won the auction for Gawker Media.  —  The TV network and digital publisher has agreed to pay $135 million …

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This is a Techmeme archive page. It shows how the site appeared at 12:10 PM ET, August 17, 2016.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Amy Graff / SFGATE:
KQED, a Bay Area NPR and PBS affiliate, is initiating buyouts, and may have layoffs or a hiring freeze; in 2023, revenue hit $90.4M and expenses $100.9M

Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors

Isabela Raygoza / Billboard:
RIAA: Latin music revenue in the US grew 16% YoY to $1.4B in 2023, with total streaming revenue up 17% to $1.3B and paid subscription revenue up 21% to $915M

More News

Darrell Etherington / TechCrunch:
Microsoft opens its Xbox Wireless tech for PC OEMs and gaming peripherals

Earlier Picks

John Biggs / TechCrunch:
Hackers post malware allegedly from NSA-linked Equation Group in online auction; Wikileaks says it will publish the tools; Snowden tweets likely explanations
Josh Constine / TechCrunch:
Google's bare-bones FaceTime competitor Duo launches for iOS and Android, won't connect with other communication apps from Google like Hangouts, upcoming Allo
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