Techmeme
October 25, 2016, 3:30 AM

Top News

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 …
iFixit:
Google Pixel XL teardown reveals little HTC branding, a 6/10 repairability score due to fragile screen, but most components are modular and easy to replace  —  Tools Featured in this Teardown  —  Introduction  —  Today marks our first ever teardown of a phone designed entirely by Google: the Pixel XL.
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.
Peter Kafka / Recode:
The New York Times acquires 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 …
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 …
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 …
Ken Yeung / VentureBeat:
Alexis Ohanian, Garry Tan, and Harj Taggar's VC firm Initialized Capital raises $115M for its third fund for early stage startups  —  Initialized Capital, an early stage venture capital firm started by former Y Combinator partners Alexis Ohanian, Harj Taggar, and Garry Tan, has raised $115 million for its third fund.
Natalie Gagliordi / ZDNet:
MasterCard links MasterPass to Android Pay, Samsung Pay, Microsoft Wallet to let cardholders more easily complete purchases online using device authentication  —  The integration means users of Android Pay, Samsung Pay, or Microsoft Wallet will be able to complete online transactions at any merchant site that accepts MasterPass.
Blaise Zerega / VentureBeat:
Paxata gets $33.5M Series D led by Intel Capital for machine learning for information management, with Microsoft Ventures, In-Q- Tel, Accel, more participating  —  Paxata today announced it has raised $33.5 million to bolster the machine learning and semantic analysis foundations of its enterprise information platform.
Sarah Kessler / Fast Company:
Profile of “Silicon Valley's favorite political fixer” Bradley Tusk, who helped Uber overcome regulatory hurdles in major cities across the US  —  Tusk has been called the “Uber lobbyist” and “Silicon Valley's favorite political fixer.”  Does he want something more?  —  5 images
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 …

Sponsor Posts

Microsoft:
A new app aims to shatter the stigma surrounding mental health  —  iRel8 connects users anonymously to others experiencing anxiety, addiction, depression and dozens of other conditions.
eero:
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Adyen:
Get a glimpse into the future of retail technology  —  The retail world always takes leaps, but as 2018 approaches, Adyen data and market research gives some early clues as to where it might land.
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