Techmeme
August 29, 2016, 10:05 AM

Top News

Patrick Howell O'Neill / The Daily Dot:
While Hillary Clinton's stance on encryption is unclear, her campaign staffers are reportedly required to use “Snowden-approved” encrypted messaging app Signal  —  Hillary Clinton wants Edward Snowden in jail but that doesn't mean her campaign won't eagerly take the whistleblower's advice …
Harrison Weber / VentureBeat:
Fitbit unveils $100 ‘swim-proof’ Flex 2 and $150 Charge 2 with heart rate monitoring  —  Meet Fitbit's next Fitbits.  —  The fitness-tracker company is unveiling two new devices today, the $150 Charge 2 with heart rate monitoring and a larger screen, and the smaller, “swim-proof” …
Wall Street Journal:
US federal court convicts Russian hacker Seleznev in theft and sale of credit cards resulting in $169M in losses; he could face up to 40 years in prison  —  Roman Seleznev could face between four to 40 years in prison  —  The son of a Russian lawmaker was convicted Thursday in federal court …
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.
Facebook Newsroom:
Darrell Etherington / TechCrunch:
Square brings payment and capital offerings to TouchBistro and Vend customers  —  Square is turning point-of-sale companies that at one time could've been considered enemies into allies, with two new partnerships with Vend and TouchBistro.  Square will now offer Vend and TouchBistro's restaurant …
Jeremy Hsu / Backchannel:
Amazon's $970M bet on Twitch in 2014 gives Amazon an edge as Facebook, Google, and others jockey to own live video  —  In 2014 Amazon surprised many by buying Twitch.  Today it has an edge as Facebook, Google and others jockey to own live video.  —  2015, Twitch viewers watched …
More: TechSpotTweets: @fcollective
Saritha Rai / Bloomberg:
Source: Indian digital payments startup Paytm raising $300M at a $5B valuation led by Taiwan's MediaTek  —  Indian digital-payments and e-commerce startup Paytm is raising $300 million in a funding round led by Taiwan's MediaTek Inc. and other investors, more than doubling its valuation to $5 billion …
Jordan Pearson / Motherboard:
AlphaBay, the largest darknet market, begins supporting Monero, a cryptocurrency meant to be more anonymous than Bitcoin  —  Not even bitcoin is anonymous enough for some criminals on the dark net.  —  For years, the cryptocurrency has been the payment method of choice for people buying …
Lara O'Reilly / Business Insider:
Snapchat's head of revenue operations says the company is planning to introduce behavioral ad targeting in Q3 2016  —  Snapchat is planning to introduce behavioral targeting for advertisers, the company's director of revenue operations Clement Xue revealed in an eMarketer report published earlier this week.
More: The Drum and EngadgetTweets: @keithrhernandez

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