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Techmeme
December 7, 2016, 10:25 AM
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Top News

Bloomberg:
Sources: Pebble CEO Eric Migicovsky to rejoin Y Combinator as partner; Fitbit close to buying Pebble software assets, has sent job offers to 40% of Pebble staff  —  Pebble CEO Migicovsky said planning to join Y Combinator  —  Fitbit Inc., the fitness band maker, is close to buying software assets …
Lauren Goode / The Verge:
Fitbit confirms Pebble software assets acquisition; Pebble is shutting down, cancels Pebble Time 2 and Core, and will issue Kickstarter refunds  —  Wearables are in a precarious state  —  Digital health and fitness-tracking company Fitbit has just officially announced that it is buying key assets …
Bloomberg:
SoftBank CEO meets with Trump, says firm will invest $50B, create 50K jobs in US; source says money to come from SoftBank's previously announced $100B tech fund  —  President-elect says investment will create 50,000 jobs  —  Son was thwarted in attempts to merge Sprint with T-Mobile
Jethro Mullen / CNNMoney:
Foxconn confirms discussions with US officials about investment to expand US operations, says details will be announced when talks conclude  —  One of Apple's biggest suppliers is in talks to invest in the United States.  —  Taiwan-based Foxconn is a giant contract manufacturer that plays …
Kurt Wagner / Recode:
Jack Dorsey announces Square's virtual payment cards now work with Apple Pay  —  Square Cash is expanding again.  —  Back in September, Square rolled out virtual payment cards: Digital debit cards that pull directly from a user's Square Cash account.  —  Now those payment cards work with Apple Pay.
Nathan Ingraham / Engadget:
Pandora unveils its on-demand, personalized music streaming service Premium, with launch expected in Q1 2017  —  That Pandora was planning to launch a full fledged Spotify competitor was no secret.  The company said as much last year when it bought the ashes of Rdio, which had filed for bankruptcy.
Chris Welch / The Verge:
Apple debuts single sign-on for iOS and tvOS with 9 partners including Dish, DirecTV, Sling TV, but is missing big names like Comcast, Charter, Verizon FiOS  —  But the list of companies supporting the feature at launch is pretty weak  —  The days of having to enter your cable account login details …
Emil Protalinski / VentureBeat:
Glassdoor: Facebook dethrones Airbnb as the best tech company to work for in the U.S.  —  Career website Glassdoor today released its ninth annual Employees' Choice Awards, a list of the 50 best companies to work for in the coming year.  Facebook was crowned as the number one tech company to work for in 2017, displacing Airbnb.
USA Today:
President-elect Trump to host roundtable summit for tech industry leaders on Dec. 14; invitation was sent by Reince Priebus, Jared Kushner, and Peter Thiel  —  SAN FRANCISCO — President-elect Donald Trump has invited technology industry leaders to a roundtable next week in New York.

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Wall Street Journal:
Sources: Disney plans a TV restructuring that is expected to result in more layoffs and consolidation of divisions as it pivots from linear TV toward streaming

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

More News

Jack Nicas / Wall Street Journal:
Sources: Google X plans Wing Marketplace, an online exchange for $6 drone deliveries from partner retailers and restaurants, amid troubled Project Wing efforts

Earlier Picks

Nathan McAlone / Business Insider:
YouTube has paid over $1B to the music industry in the last year, from advertising alone
Sam Shead / Business Insider:
Director of AI research at Apple, Russ Salakhutd, says the company's AI researchers will start publishing some of their work, in a shift away from secrecy
Lawrence Hurley / Reuters:
Supreme Court throws out $399M penalty judgment against Samsung in patent dispute with Apple over iPhone design, sends the case back to the lower court
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