Techmeme
September 29, 2016, 2:35 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.
New York Times:
Sources: after hacks and questions about security, Marissa Mayer denied Yahoo security team financial resources, rejected proposal to reset all user passwords  —  SAN FRANCISCO — Six years ago, Yahoo's computer systems and customer email accounts were penetrated by Chinese military hackers.
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” …
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 …
Jordan Novet / VentureBeat:
Twitter rolls out the ability to create and curate Moments for all users via the web app, coming soon to mobile  —  Twitter Moments — those collections of tweets about certain subjects, often the ones that are in the news and are being discussed by lots of users — now make a lot more sense.
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 …
Sam Biddle / The Intercept:
Leaked document: Apple records some metadata related to whom you're trying to contact on iMessage, including your IP address, and stores it for 30 days  —  Apple promises that your iMessage conversations are safe and out of reach from anyone other than you and your friends.
Roger Cheng / CNET:
BlackBerry to end in-house development of phones, will outsource design, manufacturing, and selling of devices, focus on software after taking $372M loss in Q2  —  The struggling company will cease on internal development of hardware, instead outsourcing it to partners.  It will focus instead of security and software.
Julia Love / Reuters:
Apple partners with Deloitte, which will provide more than 5K advisers to help corporate clients work with Apple devices  —  Apple Inc (AAPL.O) and Deloitte LLP announced a partnership on Wednesday in which the consultant will open a new practice to help corporate clients work with Apple products …

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Earlier Picks

Lauren Goode / The Verge:
Jonathan Prynn / London Evening Standard: