Techmeme
August 21, 2016, 6:00 PM

Top News

Chromium Blog:
Google to end support for Chrome apps on Windows, Mac, and Linux in early 2018, stop surfacing them in the Chrome Web Store in the second half of 2017  —  We have always believed in making the open, interoperable web as strong as possible.  For a while there were certain experiences the web …
TechCrunch:
Sources: seed-stage firm Rothenberg Ventures near collapse as executives depart; employees blame out-of-control spending by the firm's fame-seeking founder  —  Rothenberg Ventures, the four-year-old, San Francisco-based seed-stage venture firm, may be on the brink of implosion, say several sources close to the firm.
Janko Roettgers / Variety:
Samsung to Close Milk Music on September 22  —  Samsung is finally pulling the plug on its Milk Music streaming service: The company started to notify users of Milk Music Friday that it will shut down the service on September 22.  Samsung told existing users to instead switch to Slacker, which has been powering Milk since its launch.
Recode:
Sources: Lyft recently sought $9B for buyout after GM expressed interest in acquiring the company but received no bids even after lowering its asking price  —  It failed to find another buyer after GM expressed interest in acquiring the company.  —  Lyft may have run out of options.
Josh Constine / TechCrunch:
Facebook launches Lifestage, an app for high school students to create a profile with videos  —  “What if I figured out a way to take Facebook from 2004 and bring it to 2016?  What if every field in your profile was a full video" asks Facebook's 19-year old product prodigy Michael Sayman.
Bloomberg:
How a Lending Club user mined the company's data to uncover shady loans made to Lending Club insiders and repeat borrowers  —  Photographer: Don Emmert/AFP via Getty Images  —  “You ready to see some crazy s**t?”  —  Bryan Sims and I were sitting in the dining room of his modest home in Portland …
Robert McMillan / Wall Street Journal:
Ransomware attacks have quadrupled from a year ago, averaging 4K per day, and increasingly target entire networks, not just personal computers  —  Digital currency, better software help hackers hold data hostage  —  Dave Winston, crew chief with Circle Sport-Leavine Family Racing, fell victim to a ransomware attack.
More: PYMNTS.com
Hannah Karp / Wall Street Journal:
Sources: Pandora nears licensing deals with major record companies for on-demand streaming; $10 per month would give subscribers unlimited access to tracks  —  The internet radio service is aiming to start offering new paid tiers as soon as next month  —  Pandora Media Inc. is aiming …
Matt Stroud / The Verge:
RAND corporation report finds Chicago's predictive policing algorithm doesn't reduce homicides  —  A RAND report shows that the ‘Strategic Subject List’ doesn't reduce homicides  —  Struggling to reduce its high murder rate, the city of Chicago has become an incubator for experimental policing techniques.

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