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Techmeme
October 11, 2016, 6:55 PM
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Yoolim Lee / Bloomberg:
Samsung ends production of the Galaxy Note7 after global recall due to battery fires; shares fell 8% wiping out $17B of market value before termination news  —  Samsung Electronics Co. is ending production of its problematic Galaxy Note 7 smartphones, taking the drastic step of killing off …
Samsung Global Newsroom:
Samsung tells owners of Galaxy Note7 to stop using device, asks global carrier and retail partners to stop sales and exchanges of the phone
Hamza Shaban / BuzzFeed:
Apple and Samsung argue patent case before Supreme Court; justices challenge value of design patents, which Samsung was found to have infringed  —  Several Supreme Court justices challenged Samsung's argument on Tuesday that the company should owe Apple less than $399 million for infringing on the design of the iPhone.
Matt Cagle / ACLU of Northern California:
Facebook, Instagram, and Twitter gave data access to domestic surveillance firm Geofeedia; all have blocked access after ACLU shed light on the relationship  —  Privacy and Government Surveillance, Racial Justice, Technology and Civil Liberties  —  The ACLU of California has obtained records showing …
Todd Bishop / GeekWire:
Report: Amazon to expand grocery business with new convenience stores and curbside pickup, exclusively for AmazonFresh subscribers  —  Look out, 7-Eleven: Amazon's push into brick-and-mortar retail is getting serious.  —  The e-commerce giant is considering building its own convenience stores …
Ken Yeung / VentureBeat:
Google acquires FameBit to better connect YouTube creators with brands  —  Google announced on Tuesday that it has acquired FameBit, with plans to leverage its technology platform to help YouTube creators better connect with brands.  Financial terms of the deal were not disclosed.
Frederic Lardinois / TechCrunch:
Facebook partners with Google, others to launch Yarn, a new open-source JavaScript package manager, which uses npm's registry but replaces the npm client  —  Facebook today launched Yarn, a new package manager for JavaScript.  If you've every worked with JavaScript and Node.js …

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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

Aaron Pressman / Fortune:
Sprint plans to give away 1M devices with 3GB/month of mobile data to US high school students in low-income households, over five years

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