Techmeme
September 29, 2016, 10:30 AM

Top News

Financial Times:
Sources: Spotify is in advanced talks to acquire SoundCloud after its two earlier attempts proved unsuccessful  —  Spotify, the music streaming service, is in advanced talks to acquire SoundCloud, as competition heats up with Apple for the future of digital music, said people briefed on the discussions.
Roger Parloff / Fortune:
Amazon, Facebook, Google, IBM, Microsoft launch Partnership on AI, a nonprofit to advance best practices in AI; the group isn't intended to lobby government  —  Five tech giants announced on Wednesday that they are launching a nonprofit to “advance public understanding” …
Michael Kan / PCWorld:
Security firm InfoArmor says hackers-for-hire, not state-sponsored actors, breached Yahoo, and have sold the entire database three times, once for $300K+  —  Elite hackers-for-hire were actually behind the breach, according to InfoArmor  —  Common criminals, not state-sponsored hackers …
New York Times:
Eric Slivka / MacRumors:
Apple may release new MacBook Pros in the second half of October; source says Apple is working on optimizing macOS for the new hardware  —  With the iPhone 7 and Apple Watch Series 2 launches having dominated the Apple news cycle in recent weeks, attention is now turning back to the Mac lineup …
Yuji Nakamura / Bloomberg:
Spotify launches in Japan with free ad-supported tier and an ad-free version at $9.70/month  —  Company will offer free service supported by advertising  —  Spotify has more than 40 million paying customers globally  —  Spotify Ltd. is bringing its popular online music service to Japan …
Ingrid Lunden / TechCrunch:
Facebook at Work will launch on October 10 in London  —  Some more details are coming through on Facebook at Work, the social network's big effort to move into enterprise communication services with a business version of its popular platform.  Facebook has now sent out invites for a Facebook …
John Voorhees / MacStories:
Apple says Search Ads will go live in the App Store on October 5, offers developers $100 credit towards first campaign  —  First announced at WWDC in June and beta-tested over the Summer, Apple launched Search Ads for iOS apps today.  The ads will appear at the top of App Store customers …
James Rufus Koren / Los Angeles Times:
Online payday lender LendUp ordered to pay $6.3M in refunds and penalties for deceptive practices  —  Richard Cordray is director of the Consumer Financial Protection Bureau, which has fined San Francisco online lender LendUp.  Online lending start-up LendUp, which has billed itself as a better …

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Julia Love / Reuters:
Sam Biddle / The Intercept:
Roger Cheng / CNET: