Techmeme
September 1, 2016, 12:05 PM

Top News

Rolfe Winkler / Wall Street Journal:
VC performance report: Andreessen Horowitz lags Sequoia, Benchmark, and Founders Fund, with ROIs of 2.6x, 2.3x, and 1.7x for its three funds  —  Rare look at startup investors' performance shows Andreessen Horowitz lags Sequoia, Benchmark, Founders Fund  —  Andreessen Horowitz's …
Jack Marshall / Wall Street Journal:
Facebook to penalize advertisers whose sites load too slowly, are not optimized for mobile  —  Social network will limit where and when ads appear if they point to slow-loading sites  —  Facebook wants advertisers to speed up their mobile websites and plans to limit where and when ads appear across …
Dan Primack / Fortune:
Fantasy sports site DraftKings raises $153M from Revolution Growth and others  —  DraftKings, the controversial daily fantasy sports site, has raised $153 million in new venture capital funding, Fortune has learned.  —  New investors include Revolution Growth, an investment firm co-founded …
More: TechCrunch, Forbes and XconomyTweets: @sbuchanan24
Dieter Bohn / The Verge:
Asus debuts ZenWatch 3, a round Android Wear smartwatch with battery that lasts 2 days and charges to 60% in 15 minutes, coming to US, Germany in Oct. for €229  —  Today at IFA, Asus has announced the ZenWatch 3, a new Android Wear smartwatch.  It jettisons everything that was underwhelming …
Jon Brodkin / Ars Technica:
AT&T's VP of federal regulatory interests writes blog post celebrating Google Fiber's reported troubles and criticizing it for seeking government favors  —  Google Fiber's reported struggles cause AT&T to take a victory lap.  —  AT&T celebrated Google Fiber's reported struggles yesterday …
Elana Pidgeon / Windows Blog:
HP unveils two Windows PCs: the speaker-like Pavilion Wave starting at $550, and the Elite Slice, a modular PC, starting at $949, both coming September  —  This slideshow requires JavaScript.  —  With the HP Pavilion Wave, design, entertainment and productivity come together in an exciting new design.
Kirsten Korosec / Fortune:
Baidu and Nvidia to Build Artificial Intelligence Platform for Self-Driving Cars  —  Chinese search engine Baidu and chipmaker Nvidia announced a partnership Thursday that will focus on using artificial intelligence to develop a computing platform for self-driving cars.
Alex Kantrowitz / BuzzFeed:
Facebook Messenger adds Instant Video, which lets you quickly share live video within conversations  —  Open Messenger in iOS or Android, start a conversation with a friend and the app will offer you the option of adding live video to your chat.  —  The video starts without sound, but you can turn it on if you want.
Readability / Medium:
The Readability bookmarking service will shut down on September 30, 2016.  —  After more than five years of operation, the Readability article bookmarking/read-it-later service will be shutting down after September 30, 2016.  —  If you'd like to save your bookmarks, please follow these directions before September 30, 2016.
More: The Next Web and Good E-ReaderTweets: @amontalenti
Tom Warren / The Verge:
Lenovo debuts Yoga 910 convertible laptop with 13.9" edge-to-edge display, 14.3mm-thick body, battery life of 15.5 hours, available for $1300 in US this Sept.  —  Dell first introduced its stunning edge-to-edge display with the XPS 13 last year, and now Lenovo is starting to bring a similar screen to its Yoga range.
Dan Seifert / The Verge:

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More News

Chris Welch / The Verge:

Earlier Picks

Se Young Lee / Reuters:
Ken Yeung / VentureBeat:
Joseph Cox / Motherboard: