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Techmeme
January 27, 2017, 6:40 PM
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Top News

Mark Zuckerberg / Facebook:
Mark Zuckerberg says he's “concerned” about President Trump's executive orders on immigration, affirms support for “Dreamers”  —  My great grandparents came from Germany, Austria and Poland.  Priscilla's parents were refugees from China and Vietnam.
Dan Goodin / Ars Technica:
LeakedSource, a site that sold access to a database of 3.1B+ compromised account passwords, taken offline after alleged police raid  —  LeakedSource garnered criticism for actively cracking the passwords it sold.  —  LeakedSource, a legally and ethically questionable website that sold access …
Darrell Etherington / TechCrunch:
Tesla files suit against former Autopilot director, says he took proprietary information and tried to poach staff for his new self-driving car startup Aurora  —  Tesla has sued former employee Sterling Anderson, who acted as Director of its Autopilot Programs for just over a year, for breach of contract.
Emil Protalinski / VentureBeat:
Microsoft reports Surface revenue down 2% YoY to $1.32B as Azure revenue increased 93% and Phone revenue declined 81%
Bloomberg:
Alibaba's Ant Financial buys US-based international money transfer service MoneyGram for $880M, an 11.5% premium to MoneyGram's Wednesday closing price  —  Ant Financial, the Alibaba affiliate controlled by billionaire Jack Ma, is close to sealing a deal to buy U.S. money-transfer service …
Reuters:
Toshiba says it is looking to sell a minority stake in its memory chip business unit to offset an imminent multi-billion dollar writedown  —  Toshiba Corp (6502.T) said it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent multi-billion dollar writedown …
Andy Greenberg / Wired:
The value of hyper-anonymous cryptocurrency Monero has risen 2,760% from 50¢ to $12 over the past year; the collective value of all Monero is close to $165M  —  For the cryptocurrency community, 2016 was a very good year.  Bitcoin doubled in price.  The far-out Bitcoin alternative Ethereum shot up by a factor of 10.
Partnership on Artificial Intelligence:
Apple joins Partnership on AI, the research group that includes Amazon, Google, Facebook, and Microsoft  —  It has been rewarding and energizing to see all of the enthusiastic support about the Partnership on AI to Benefit People and Society (Partnership on AI) following our announcement in September.

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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

Earlier Picks

Matthew Lynley / TechCrunch:
Alphabet beats Q4 estimates with $26.06B revenue; Other Bets revenue up from $150M a year ago to $262M as division's losses shrink to $1.1B from $1.2B
Emil Protalinski / VentureBeat:
Chrome 56 arrives with 28% faster page reloading, “Not secure” warning for HTTP password and credit card forms
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