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Techmeme
November 21, 2016, 4:20 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple disbands division that develops AirPort wireless routers, which were last refreshed in 2013, and reassigns its engineers to other projects  —  Apple disbands its router division, reassigns engineers  —  Apple Inc. has disbanded its division that develops wireless routers …
Josh Constine / TechCrunch:
Instagram launches ephemeral live video that followers can watch only when it's streaming and Snapchat-style disappearing private messages  —  Instagram is combining the best of Snapchat and Periscope to help you get comfortable on camera.  Rather than overlap with Facebook Live and Messenger …
Ingrid Lunden / TechCrunch:
Oracle acquires DNS provider Dyn, the target of DDoS attacks that took many popular websites offline a month ago, for an undisclosed amount  —  A timely, if a little surprising, piece of M&A this morning from Oracle: the enterprise services company announced that it has acquired Dyn …
Sarah Perez / TechCrunch:
Google opens up Team Drives, its new product for business file sharing, to early adopters  —  Google is opening up applications to businesses interested in testing its new file-sharing product called Team Drives.  Announced earlier this fall, the focus of Team Drives is to offer companies …
Jake Smith / ZDNet:
Symantec has agreed to acquire ID theft protection service LifeLock for $2.3B  —  Acquisition forms “world's largest digital safety platform for consumers and families.”  —  Symantec on Sunday agreed to acquire LifeLock, a consumer identity-theft protect service, for $2.3 billion to form the …
Anna Irrera / Reuters:
Source: blockchain startup R3 drops its fundraising goal by $50M to $150M amid news that Goldman Sachs is leaving its consortium  —  Blockchain company R3 CEV has reduced the amount it aims to raise from bank members in its first large round of equity funding to $150 million from $200 million …
Sruthi Shankar / Reuters:
Cybersecurity company Optiv filed for $100M IPO on Friday  —  Cybersecurity company Optiv Security Inc, majority owned by Blackstone Group LP (BX.N), filed with U.S. regulators for an initial public offering of its common stock on Friday.  —  The company set a nominal fundraising target …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:20 PM ET, November 21, 2016.

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

Rebecca Rubin / Variety:
The North American box office recorded its biggest weekend ever with ~$430M across movies, driven by Spider-Man: Brand New Day's $355M and The Odyssey's $51M

Alexandra Steigrad / New York Post:
Sources: former 60 Minutes EP Bill Owens seeks ~$50M to launch a rival news series with Scott Pelley and other fired staffers; a source close to Owens denies it

Christofer Hamilton / The Wrap:
Licensed shows account for ~40% of Netflix's global series titles but generate 50%+ of series-driven sign-ups, meaningfully outpacing their share of the catalog

Earlier Picks

Mark Wilson / Co.Design:
The buggy $1,495 June Intelligent Oven is all that's wrong with Silicon Valley design: automated yet distracting, boastful yet mediocre, confident yet wrong
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