Techmeme
October 24, 2016, 10:20 PM

Top News

Se Young Lee / Reuters:
Samsung: South Korean customers who exchanged their Galaxy Note7 for an S7 will be able to trade for Galaxy Note8 or S8 next year at 50% of the cost of their S7  —  Samsung Electronics Co Ltd said on Monday it is offering an upgrade program to Galaxy Note 7 customers in South Korea who trade …
Hooyeon Kim / Bloomberg:
Amid Note7 fiasco, hundreds file class action lawsuits against Samsung, and new Vice Chairman Jay Y. Lee faces pushback from investment groups  —  Proxy advisor speaks out against Jay Y. Lee joining the board  —  Hundreds file class-action lawsuit demanding compensation
Peter Kafka / Recode:
The New York Times is buying online consumer guide The Wirecutter, founded by former Gizmodo editor-in-chief Brian Lam; sources say NYT will pay more than $30M  —  The New York Times is buying The Wirecutter, a five-year-old online consumer guide.  The Times will pay more than $30 million …
Romain Dillet / TechCrunch:
Apple releases iOS 10.1 with the iPhone 7 Plus' Portrait mode, which is still in beta  —  Apple has just released the first significant update for iOS 10.  As expected, the main focus of iOS 10.1 is that insane Portrait mode for the iPhone 7 Plus.  The update is rolling out and is available …
Reuters:
In wake of botnet DDoS attack on DynDNS, Hangzhou Xiongmai issues US recall of webcam models that had easy-to-guess default passwords  —  Chinese firm Hangzhou Xiongmai Technology Co Ltd said it will recall some of its products sold in the United States after it was identified by security researchers …
Jason D. Rowley / Mattermark:
Google acquires Eyefluence, an eye-tracking tech firm for AR and VR  —  tl;dr: Google has acquired Eyefluence, which has developed a suite of eyeball-sensing technologies for AR and VR, for an undisclosed sum.  —  Today, Eyefluence quietly announced on its website that it has been acquired by Google.
Sarah Perez / TechCrunch:
IDC: Q3 smartwatch shipments down 51.6% YoY to 2.7M with Apple Watch down 72% YoY to 1.1M units, but the impact of new Apple Watch models remains to be seen  —  Maybe not everyone is convinced they need a smartwatch?  According to a new industry report from IDC out this morning …
 

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