Techmeme
August 17, 2016, 12:10 PM

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:
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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