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Techmeme
August 27, 2016, 1:35 PM
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Top News

Facebook Newsroom:
Facebook will now select stories and excerpts automatically for Trending topic pages, show topics instead of story descriptions in Trending section  —  Today, we're making some changes to the Trending feature on Facebook that will make the product more automated and will no longer require people …
Quartz:
Sources: Facebook letting go of entire Trending Topics editorial staff, consisting of 15-18 workers contracted through a third party  —  Facebook will no longer employ humans to write descriptions for items in its Trending section, which attracted controversy over allegations of political bias in May.
Bloomberg:
Sources: Spotify retaliates against artists who give exclusives to rivals by excluding tracks from promoted playlists and demoting their songs in search results  —  Service said to tell labels it may keep tracks off playlists  —  Apple Music emerges as largest challenge to streaming leader
Ina Fried / Recode:
White House proposing new federal rules letting foreign entrepreneurs with $345K+ in US funding remain in country for 5 years; no congressional approval needed  —  The move, which won't require congressional approval, allows people to stay up to five years, provided their startup has significant U.S. investment.
Akin Oyedele / Business Insider:
PE firm Apollo Global taking Rackspace private in $4.3B deal, valuing firm at 38% premium over August 3 closing price when first reports about buyout surfaced  —  Apollo Global, a private-equity firm, has agreed to buy Rackspace in a $4.3 billion deal that would take the cloud-computing company private.
Bloomberg:
Sources: Apple to use Sony's FeliCa chip, a mobile tap-to-pay standard, in new iPhones in Japan to let users pay for transit with their smartphones  —  Company planning new iPhone model with Sony's FeliCa chip  —  Apple in talks with financial insitution for mobile payments
The Citizen Lab:
How a government targeted Ahmed Mansoor, an activist in the UAE, with three zero-day exploits meant to infect his iPhone with sophisticated commercial spyware
Andrea Peterson / Washington Post:
Researchers uncover zero-day iOS flaws used to try to remotely steal data from activists, likely sold by malware vendor NSO; Apple releases patch with iOS 9.3.5
Matthew Lynley / TechCrunch:
Dropbox prompting users to reset passwords that haven't been changed since mid-2012, calls it a preventative move, says no evidence accounts improperly accessed  —  Dropbox is requiring users who have not changed their passwords since mid-2012 to reset their passwords this afternoon.
Sarah Frier / Bloomberg:
Sources: Twitter is working on an anti-harassment tool to let users filter posts using keywords  —  Abuse has led to depature of several high-profile users  —  New solution is similar to Instagram's keyword-based filter  —  Twitter Inc. is working on a keyword-based tool that will let people filter …
Jack Marshall / Wall Street Journal:
PitchBook: VCs invested $1.2B+ in marketing tech, compared to around $860M in ad tech firms in 2015, betting on a more predictable revenue model  —  The distinction between the two sectors is increasingly blurring, but investors say a predictable revenue model is key

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This is a Techmeme archive page. It shows how the site appeared at 1:35 PM ET, August 27, 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

Kelcee Griffis / Bloomberg:
Comcast reports Peacock revenue up 54% YoY to $1.9B and its adjusted EBITDA of $189M, its first-ever quarterly profit; film revenue rose 25% YoY to $3.04B

Financial Times:
Financial firms, their lawyers, and ethics experts say there could be legal risks in paying Trump Media for fast access to Truth Social posts via an API

Jesse Whittock / Deadline:
Night-owned podcast network The Roost rebrands as Podium, signs Trisha Paytas, and says it reaches 50M monthly video and audio impressions

More News

Jordan Kahn / 9to5Mac:
China Labor Watch accuses iPhone 7 manufacturer Pegatron of illegally forcing overtime, low wages of $2/hour, urges Apple to invest in improving conditions

Earlier Picks

Mark Bergen / Recode:
Report: Google Fiber chief Craig Barratt was told by Larry Page to halve staff to 500; Alphabet CFO Ruth Porat interceded to defend business model
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
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