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Techmeme
August 25, 2016, 12:00 PM
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Bloomberg:
Sources: Apple developing a Snapchat-like video sharing and editing app and multiple social features for iOS  —  Company looks to catch up as video sharing gains popularity  —  Engineers test deeper social ties across iPhone, iPad software  —  Apple Inc., seeking to capitalize on the popularity …
New York Times:
WhatsApp to share phone numbers and analytics data of users with Facebook, two years after it said it had no plans to collect data  —  SAN FRANCISCO — When Facebook bought the start-up WhatsApp in 2014, Jan Koum, WhatsApp's co-founder, declared that the deal would not affect the digital privacy …
Eric Newcomer / Bloomberg:
Sources: Uber lost $1.2B in first half of 2016, including $520M in Q1 and $750M in Q2; net revenue grew 18% from $960M in Q1 to $1.1B in Q2  —  After touting profitability in the U.S. early this year, the ride-hailing company is said to post second-quarter losses exceeding $100 million.
Jim Weber / LinkedIn Pulse:
Sports writer says Twitter permanently banned his account with nearly 100K followers after he tweeted three Olympics GIFs  —  I thought the only people to get permanently banned from Twitter were Leslie Jones' online bully and terrorists.  Apparently those who post a GIF …
Nick Statt / The Verge:
Google brings Wi-Fi Assistant, a previously exclusive Project Fi feature that cuts down on data usage, to all Nexus devices in the US, UK, Canada, and more  —  Starting in the coming weeks, Google is adding a new data-saving perk for owners of its Nexus smartphones.
Biz Carson / Business Insider:
Legalist, a startup launched by a Thiel Fellow, will fund lawsuits in exchange for up to 50% cut of settlement based on algorithmic calculation of winning  —  It's a startup idea that looks like it's ripped straight from the headlines.  —  This summer, Forbes revealed that tech luminary Peter Thiel …
Seth Fiegerman / CNNMoney:
Five years after Tim Cook became Apple CEO, the company has doubled staff, is more socially conscious, but hasn't created a new product category rivaling iPhone  —  Hours after Steve Jobs resigned as the CEO of Apple, his successor Tim Cook sent an email to reassure employees about the company's future.
Caroline O'Donovan / BuzzFeed:
Nextdoor, a social network for neighbors, debuts a new tool to stem racial profiling on its platform, claims 75% success rate in tests  —  Nextdoor, a location-based social network for neighbors that has more than 10 million registered users, is rolling out a new tool today that the company …
Harrison Weber / VentureBeat:
Sources: YouTube building Backstage feature that allows creators to share photos, polls, links, and more that will appear in subscribers' feeds, slated for fall  —  EXCLUSIVE:  —  YouTube, the world's largest video-sharing service, is looking beyond video to keep its homegrown stars …
Jonathan Vanian / Fortune:
HP reports Q3 revenue of $11.9B, down 4% YoY, marking third decline in quarterly sales since November split  —  HP Inc. continues to face challenges during its first year as an independent company.  —  The printer and personal computer giant said Wednesday that its latest quarterly revenue dropped 4% year over year to $11.9 billion.

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From Mediagazer

Matthew Keys / TheDesk.net:
Two groups file a petition to deny FCC review of ABC's TV station licenses; they say they will seek revocations if stations restrict speech in trade for FCC OK

Matthew Belloni / Puck:
Although sources suggest Paramount wouldn't sell CNN to appease state regulators overseeing the WBD deal, it may save the company from a protracted legal battle

Christiana Sciaudone / A Media Operator:
Dave Jorgenson's LNI is profitable with 49% of 2025 revenue coming from ads, 21% from consulting, 14% from the newsletter, and plans for a long-form show in Q3

More News

John Herrman / New York Times:
On Facebook, activist-run pages rival the reach of established, traditional media brands like MSNBC and NYT, but aren't beholden to any journalistic standard

Earlier Picks

Steven Levy / Backchannel:
Apple execs Cue, Schiller, and Federighi as well as key Siri scientists Alex Acero and Tom Gruber explain Apple's secretive approach to AI and machine learning
Hannah Karp / Wall Street Journal:
Sources: Spotify tries to get long-term deals with labels wanting higher cuts and other rights while operating on short-term extensions of old contracts
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