Techmeme
May 26, 2017, 8:25 PM

Top News

Mark Gurman / Bloomberg:
Source: Apple is working on Apple Neural Engine, a dedicated chip to power AI on devices  —  Move would follow similar announcements from Qualcomm, Google  —  Offloading tasks to dedicated chip may improve iPhone battery  —  Apple Inc. got an early start in artificial intelligence software …
Leena Rao / Fortune:
Change.org raises $30M led by LinkedIn's Reid Hoffman; Sam Altman and Bill Gates invest too  —  In 2006, newly minted Stanford grad Ben Rattray sat at a Starbucks in Silicon Valley, pitching LinkedIn founder and early Facebook investor Reid Hoffman to fund his idea for a political website.
Biz Carson / Business Insider:
San Francisco-based food delivery startup Sprig, which raised over $56M, says it is shutting down today  —  The San Francisco food-delivery startup Sprig will be shutting down Friday, Business Insider has learned.  —  The company had raised over $56 million from Silicon Valley's top investors for its new spin on food delivery.
Ben Lang / Road to VR:
HTC releases Link mobile VR headset in Japan that pairs with U11 phone; new headset is not part of Vive brand  —  In a curious move, HTC has revealed a new mobile VR headset called Link that is not part of the company's Vive brand.  The move comes just a week after the company announced …
BuzzFeed:
Sources: Snap acquires LA-based drone maker Ctrl Me Robotics for under $1M  —  The deal was a relatively cheap one for Snap.  Sources familiar with it say Ctrl Me's purchase price was under $1 million.  —  Snap has acquired Ctrl Me Robotics, a small drone manufacturer based in Los Angeles …
More: Business Insider.  Tweets: @peard33
Marc Schneider / Billboard:
Tidal confirms the departure of CEO Jeff Toig; source says he exited in March  —  A replacement for Toig, who was the company's third CEO since its launch, will be announced soon.  —  Jay Z's music streaming service Tidal has confirmed the departure of Jeff Toig, its third chief executive in two years.
David McCabe / Axios:
As Section 702 of FISA comes up for renewal, 30+ tech companies including Google, Snap, Uber, Facebook, Microsoft, and Amazon push for surveillance reform  —  Major tech companies including Facebook, Google and Snap are asking for reforms to a key government surveillance program, according to a letter obtained by Axios.
Matt Brian / Engadget:
Raspberry Pi Foundation merges with Dublin-based CoderDojo Foundation, which has over 1,250 coding clubs in 69 countries  —  Raspberry Pi's credit card-sized computers have helped kickstart a coding revolution.  Thanks to their low cost, major companies like Google and VMWare …

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