Techmeme
December 26, 2016, 7:30 PM

Top News

Mishaal Rahman / xda-developers:
How the shutdown of Cyanogen services and the forking of CyanogenMod to Lineage OS will affect one of Android's most stable custom distributions  —  The King is Dead, Long Live the King!  —  Cyanogen Inc. has finally delivered a bullet to the brain - of CyanogenMod.
Jon Russell / TechCrunch:
Cyanogen announces it will stop issuing Cyanogen-supported nightly builds and shut down all services for the OS on December 31  —  It's been a rocky few months for Cyanogen, the ambitious startup that aimed to build a better version of Android than Google.  It has laid off staff …
Ken Yeung / VentureBeat:
Report: Snap acquired four-year-old Israeli AR startup Cimagine Media for $30M to $40M  —  Snap has reportedly made an investment in augmented reality, purchasing Israeli-based startup Cimagine Media in a deal that's said to be worth between $30 million and $40 million.
Wall Street Journal:
World's largest hedge fund, Bridgewater, is building an algorithmic model to recreate founder's staff-management style, led by ex-IBM Watson's David Ferrucci  —  Bridgewater wants day-to-day management—hiring, firing, decision-making—to be guided by software that doles out instructions
Lulu Yilun Chen / Bloomberg:
China's “Uber for trucks” Huochebang raises $115M at $1B valuation from Tencent, others  —  Tencent-backed Huochebang raised $115 million for expansion  —  IFC, All-Stars Investment co-led the new funding round  —  Truck Alliance Inc., an Uber-type service for trucks known …
Taylor Soper / GeekWire:
CB Insights report: top 5 companies most likely to have an IPO in 2017 are Qualtrics, Blue Apron, Zuora, Okta, and Pluralsight, among 369 firms in pipeline  —  There will be more tech companies going public in 2017 than this year.  —  That's the takeaway from CB Insights' fifth annual Tech …
More: Mattermark
Florian Mueller / FOSS Patents:
Apple's patent battle with Nokia escalates rapidly: Nokia now suing Apple over 40 patents in 11 countries as Apple adds Nokia as defendant in antitrust suit  —  Yesterday, Apple's antitrust lawsuit in the Northern District of California against certain Nokia privateers (patent assertion entities …
More: Recode

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