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Techmeme
March 13, 2017, 9:15 PM
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Austen Hufford / Wall Street Journal:
Intel to buy Mobileye, maker of chip-based camera systems for semi-automated driving, for $15.3B at $63.54 a share, a 34% premium to its Friday closing price  —  Deal marks latest investment by a technology company in the future of self-driving cars  —  Intel Corp. on Monday said it struck …
Todd Spangler / Variety:
Marissa Mayer to get $23M severance package; Thomas McInerney, former CFO of Barry Diller's IAC, to take over as CEO of Altaba following Verizon deal close  —  Marissa Mayer, who is set to lose her job as Yahoo CEO following the closing of the Verizon acquisition of the internet company's operating businesses …
Michael Liedtke / Associated Press:
On February 1, Verizon sought a $925M discount on Yahoo purchase, before settling for a $350M price cut, according to a regulatory filing  —  SAN FRANCISCO (AP) — Verizon initially thought the biggest data breaches in internet history merited a $925 million discount on its acquisition …
Micah Singleton / The Verge:
Pandora debuts premium on-demand music streaming service for $10 per month; invites will start rolling out to existing users March 15  —  Just over 15 months after Pandora acquired key assets from Rdio, and three months after it announced its plans, the company is ready to launch its full-fledged …
Kate Conger / TechCrunch:
Under pressure from ACLU, Facebook updates its platform policies to explicitly prohibit devs from using Facebook or Instagram data in surveillance tools  —  In response to pressure from the American Civil Liberties Union, Color of Change and the Center for Media Justice …
Allegra Frank / Polygon:
PlayStation Now's streaming library to expand with PlayStation 4 games this year, with a private beta rolling out in coming weeks to existing PS Now subscribers  —  PlayStation Now, Sony's game-streaming service for PlayStation 4 and Windows PC, will finally receive some more current games later this year.
Andrew Liptak / The Verge:
Google's Area 120 startup incubator debuts Uptime, a group video messaging app for iOS, currently invite only, that lets you watch and share videos with friends  —  Experiments!  —  Last year, Google opened a startup incubator called Area 120, which was designed to let employees us …
Matt Peckham / TIME:
Amid reports of Joy-Con sync issues and other problems, Nintendo says Switch has had “no widespread technical problems” since launch  —  Nintendo's new transformable game tablet, the Switch, has been in the wild for nearly a week (the hybrid TV/handheld launched on March 3 for $299).
Bloomberg:
Backlog of pending bitcoin transactions up 5x YoY, as some big miners back “Bitcoin Unlimited” upgrade plan, increasing likelihood of hard forking blockchain  —  ‘Bitcoin Unlimited’ gains support of world's largest miner  —  Opponents say move could split bitcoin into two currencies
Lauren Thomas / CNBC:
Airbnb CEO says the company is about halfway through a “two-year process” to go public  —  For Airbnb, going public has always been thought of as a “two-year process,” and the company is about halfway through that process, Chief Executive Brian Chesky said at a luncheon hosted by the Economic Club of New York on Monday.
Christopher Williams / Telegraph:
Exiled Turkish businessman Hakan Uzan buys niche luxury smartphone maker Vertu for $61.2M  —  The scion of an exiled and secretive Turkish business dynasty has bought the British smartphone maker Vertu, which targets the wealthy buyers with handsets costing up to £40,000.

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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

Shane O'Neill / Washington Post:
Q&A with Christopher Anderson, who photographed Trump's inner circle for VF: “My job is to ... draw on my experience as a journalist and photograph what I see”

Alex Weprin / The Hollywood Reporter:
CBS News and The Free Press announce Things That Matter, a series of town halls and debates, starting in early 2026, with Sam Altman, J.D. Vance, and others

Anna Betts / The Guardian:
David Brooks, who wrote a NYT column last month decrying popular fixation on the Epstein story, appears in newly released photos of a 2011 event with Epstein

More News

Caitlin McGarry / PCWorld:
In SXSW interview Nick Denton talks about how Gawker's Hogan coverage could have been better and the importance of conversation-driven platforms to media

Earlier Picks

Greg Bensinger / Wall Street Journal:
Uber's union fight in Seattle continues as Teamsters seek access to driver contact info; Uber using podcasts, text messages to dissuade drivers from unionizing
Nick Statt / The Verge:
Levi's Commuter Trucker Jacket, a connected smart jacket that uses Google's Project Jacquard touch sensitive textiles tech, will ship this fall for about $350
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