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October 24, 2016, 8:55 PM
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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 …
Sarah Frier / Bloomberg:
Sources: Twitter may cut 8% of workforce, or 300 people, as soon as this week  —  Twitter Inc. is planning widespread job cuts, to be announced as soon as this week, according to people familiar with the matter.  —  The company may cut around 8 percent of the workforce, or about 300 people …
Tweets: @p1lonn and @caseynewton
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 …
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 …
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 …
Matt Burgess / WIRED UK:
Microsoft will raise cloud computing prices in UK by up to 22% in January, in wake of Brexit  —  Microsoft cloud computing prices will rise by up to 22% due to the EU referendum  —  Starting next year, Microsoft will raise the prices of its enterprise software and cloud services because of the drop in the value of the currency.

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Scott Nover / Washington Post:
The White House has blocked CNN from traveling with President Trump on Air Force One on Saturday to Knoxville, TN, jeopardizing the rotational TV pool

Sarah Perez / TechCrunch:
Sources: Automattic CEO Matt Mullenweg announces a new board and new advisers; board members include two founders of IRL and the author of the Silo book series

Annie Massa / Bloomberg:
A Trump family company has filed a trademark application for “Trump TV”, after the White House launched a channel by that name on its website and on YouTube

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