Techmeme
September 6, 2016, 5:20 PM

Top News

Ina Fried / Recode:
Intel is buying Movidius, a startup with about 180 employees 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 …
Neil Hughes / AppleInsider:
KGI: Apple to announce new wireless earbuds called AirPods, which will target the premium headphone market and use custom “Bluetooth-like” low-power tech  —  Apple's new wireless earbuds, expected to be announced this week as “AirPods,” are said to feature a custom-designed wireless chip …
Mehedi Hassan / MSPoweruser:
Sources: Microsoft working on Skype Teams, a Slack competitor; service will include threaded messages, channels, DMs, video calls, meeting scheduling, more  —  It was recently reported that Microsoft wanted to buy Slack for $8 billion.  Slack, for those unfamiliar, is a messaging app …
Kurt Wagner / Recode:
Sources: Twitter's board of directors will meet this Thursday and discuss the company's options, including potential sale, trimming or selling off MoPub, Vine  —  Talk of a sale continues to rumble, but finding a buyer won't be easy.  —  Twitter's quiet summer may soon be coming to an end.
TechCrunch:
Sources: Postmates raising $100M+ led by Founders Fund with a valuation at least as high as last round  —  Sep 6, 2016, 12:27 pmSep 6, 2016, 1:15 pm  —  We're hearing from sources that Postmates, which is among a few companies that are seen as operating in the difficult on-demand space …
Tweets: @caseynewton
David Smith:
Indie developer maps App Store revenue from paid to ads, says advertising in his apps made up around 10% of sales in 2012 whereas now it accounts for nearly 80%  —  I've been thinking this past week (as I often do) about the ever-changing landscape of the App Store.
Sarah Perez / TechCrunch:
eMarketer: Snapchat will generate $367M in ad revenues this year and $935M in 2017  —  A new report out this morning from analysts at eMarketer is forecasting explosive growth for Snapchat's ad revenue by next year.  The firm estimates the mobile social application will generate $366.69 million in 2016 …
LeakedSource:
Over 98M records leaked online from 2012 hack of Russia's Yahoo-like service Rambler.ru, each record contains: username/email address, plaintext password, more  —  Nearly 100 million records have been leaked online in yet another “mega breach”, this time from the website Rambler.ru …
Patience Haggin / Wall Street Journal:
Subscription video news startup Cheddar raises $10M Series B, led by Lightspeed Venture Partners and including Comcast Ventures and Ribbit Capital  —  Cheddar, the self-described “CNBC for millennials” founded by former BuzzFeed executive Jon Steinberg, has raised $10 million in Series B funding …
Kate Conger / TechCrunch:
Yelp debuts bug bounty program with rewards ranging from $100 to $15K, coordinated through the HackerOne platform  —  Hackers, start your engines.  —  Yelp launched a public bug bounty program today, inviting the world's hackers to pick apart its websites and mobile app in search …

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Sean O'Kane / The Verge:
Sarah Perez / TechCrunch:
Financial Times: