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October 7, 2016, 1:05 AM
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Ashley Carman / The Verge:
Oculus Touch controller bundle for Oculus Rift will be available on December 6 for $199; pre-orders open on October 10  —  The Oculus Touch will be available for the Rift on December 6th for $199, the company announced today.  Oculus's Input API works with three different devices …
Josh Constine / TechCrunch:
Oculus demos augmented social VR with facial expressions, immersion in real-world scenes, chess and card playing, taking a phone call and a selfie
Josh Constine / TechCrunch:
Oculus building VR web browser codenamed Carmel, announces web VR framework React VR
Matthew Lynley / TechCrunch:
Report: Snap Inc., formerly Snapchat, is planning an IPO for March 2017 that could value the company at $25B+  —  The Wall Street Journal is reporting that Snap — the now-parent company of Snapchat — is working on an initial public offering for as early as March that could value the company at $25 billion or higher.
Ken Yeung / VentureBeat:
Verizon reportedly pushing for $1B price cut on pending $4.8B Yahoo deal after recent report of 2014 hack  —  Verizon may not have bailed out of its deal to purchase Yahoo for $4.8 billion, but amid a growing case of bad news at the search engine company, the telecommunications giant …
Brian Fung / Washington Post:
Sources: Facebook in talks with US government and wireless carriers to launch Free Basics-like service in the US, for low-income and rural Americans  —  Facebook has been in talks for months with U.S. government officials and wireless carriers with an eye toward unveiling an American version …
Jordan Golson / The Verge:
US Consumer Product Safety Commission opens investigation into Galaxy Note7 that forced evacuation of flight  —  Federal regulators are moving quickly to investigate the replacement Samsung Galaxy Note 7 that caught fire on a Southwest Airlines flight today, with the US Consumer Product Safety Commission …
Mark Gurman / Bloomberg:
Sources: Apple to move services teams, including Maps, Siri and iCloud, from separate campuses to One Infinite Loop in attempt to improve services  —  Cue to move cloud service engineering teams to single campus  —  Company continues shifting services to its own infrastructure
Ingrid Lunden / TechCrunch:
LinkedIn now lets users privately signal to recruiters when they are looking for a new job; feature initially available in US, Canada, UK, and Australia  —  One of the hallmarks of any social network is how it pushes people to share their experiences with others, but increasingly we've seen …
Recode:
Sources: Google will not make a Twitter bid and Apple is also an unlikely suitor; Twitter stock falls around 20% after the news  —  Amid speculation, the tech giants have other aims  —  According to sources close to the situation, Google does not currently plan to make a bid for Twitter.
Peter Kafka / Recode:
Sources: Disney will not bid for Twitter, leaving Salesforce as the last potential bidder

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Wall Street Journal:
Sources: Disney plans a TV restructuring that is expected to result in more layoffs and consolidation of divisions as it pivots from linear TV toward streaming

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

More News

Lizzie Plaugic / The Verge:
Netflix signs deal with theater chain iPic Entertainment to screen its original movies, which will debut on the streaming service simultaneously

Earlier Picks

Sarah Perez / TechCrunch:
Many features available on Pixel phones will not be available on Android 7.1, including Google Assistant, unlimited photo/video backup, smart storage, more
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