Techmeme
September 6, 2016, 9:45 AM

Top News

Ina Fried / Recode:
Intel is buying Movidius, a startup that makes vision chips for drones and virtual reality  —  It's the latest in a string of acquisitions for the chip giant.  —  Intel announced late Monday that it is buying Movidius, a small chipmaker that makes computer vision processors used in drones …
Financial Times:
Snapchat joins the Bluetooth Special Interest Group, which sets the Bluetooth wireless standard; sources say its AR hardware project has gathered momentum  —  Snapchat has given the strongest hint yet of its ambitions to move from apps into hardware, by joining the industry group that runs the Bluetooth wireless standard.
Nicole Lee / Engadget:
Alcatel's new standalone VR headset, the Vision, has 2 1080x1020 displays, 3 hours of battery, is likely to retail for $500-600, but won't use Daydream platform  —  While Samsung's Gear VR requires a smartphone and full-fledged headsets like the Oculus Rift require a computer, Alcatel's newly announced Vision doesn't need either.
Gertrude Chavez-Dreyfuss / Reuters:
Study: between Bitcoin's creation in 2009 and March 2015, 33% of all Bitcoin exchanges were hacked, and 48% closed  —  When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency.
Consumer Reports:
Instead of offering to replace units, Samsung should officially recall Note7 via US Consumer Product Safety Commission to ban ongoing sales of pre-recall units  —  Some retailers were still selling the phone Friday  —  Consumer Reports is calling for an official recall …
Julie Bort / Business Insider:
Merck's CIO Clark Golestani on working with and incubating tech startups for the pharmaceutial company's IT needs  —  It used to be that the tech world was divided.  —  There were the companies that made the tech products.  And there were the companies that bought the tech products.
Ingrid Lunden / TechCrunch:
Softbank has completed its £24B cash acquisition of ARM Holdings  —  One of the biggest tech deals this year — and the biggest ever in the UK — has now closed.  Today, Softbank announced that it has completed its acquisition of ARM Holdings, the semiconductor firm that it saidin July …
Tom Bergin / Reuters:
Legal experts discuss Apple's chances in overturning European Commission's tax ruling in the Court of Justice of the European Union  —  Apple CEO Tim Cook has said he will appeal the European Commission's ruling that his company received an unlawful 13 billion euro ($14.5 billion) …
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:45 AM ET, September 6, 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.

More News

Earlier Picks

Devin Leonard / Bloomberg:
Mark Gurman / Bloomberg: