Techmeme
December 2, 2016, 10:30 AM

Top News

Sean Gallagher / Ars Technica:
Avalanche, a 7-year-old botnet used for malware and phishing attacks, dismantled in global cyber operation; officials sinkhole 800K domains, seize 50 servers  —  At one point, Avalanche network was responsible for two-thirds of all phishing attacks.  —  [Update, 3:00 PM EDT …
Ken Yeung / VentureBeat:
Twitter acquires Yes Inc., hires ex-Google product director and Yes CEO Keith Coleman as VP of product; Yes apps to be shut down over next few weeks  —  Twitter has acquired the app maker Yes in a move designed to encourage its users to get better acquainted with each other around events.
Dan Seifert / The Verge:
Lenovo's Moto says it doesn't plan on releasing a new smartwatch in the near future  —  Don't expect a new Moto 360 any time soon  —  Moto today confirmed that it will not be releasing a new smartwatch for the launch of Android Wear 2.0, due early next year.
Kurt Wagner / Recode:
AngelList has acquired Product Hunt, sources say for about $20M; Product Hunt will continue as a standalone site with Ryan Hoover continuing as CEO  —  Product Hunt will continue to operate as a standalone site.  —  AngelList, the company that helps investors find startups to invest in …
Todd Bishop / GeekWire:
Amazon debuts AWS Shield, its Cloudflare competitor, to protect against DDoS attacks, and offers two tiers; basic version will be on by default  —  A little more than a month after a massive online assault took down Reddit, Netflix, Twitter and other major online properties …
Brian Heater / TechCrunch:
HMD Global completes 10-year deal with Nokia to bring Nokia-branded devices to market; HMD says new smartphones are coming in the first half of 2017  —  It's been a rough decade or so for Nokia's smartphone business.  In 2011, then-CEO Stephen Elop famously described the company's situation as a …
Bloomberg:
Sources: Saudi Arabia hit by series of state-sponsored cyberattacks against government agencies; digital evidence suggests attacks emanated from Iran  —  @MichaelRileyDC More stories by Michael Riley  —  Multiple attacks emanated from Iran, digital evidence suggests
Kristina Cooke / Reuters:
Facebook developing AI to flag nudity, violence, and other content violating its policies in Facebook Live streams  —  Facebook Inc (FB.O) is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content …
Connie Loizos / TechCrunch:
Survey of 700+ startup founders: 31% don't intend to IPO, 67% now say VCs have more negotiating power  —  First Round Capital just published its second-ever State of Startups report, and it's chock full of interesting sentiments from a survey of more than 700 founders …

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