Techmeme
June 16, 2017, 3:50 PM

Top News

Amazon.com:
Amazon to buy Whole Foods Market for $13.7B in all-cash deal; John Mackey will remain CEO of Whole Foods Market, which will continue to operate stores  —  Whole Foods Market ranked #28 and Amazon ranked #2 on Fortune's 2017 list of World's Most Admired Companies
Sarah Perez / TechCrunch:
Amazon wants to become Walmart before Walmart can become Amazon  —  The future of retail will be a combination of both online e-commerce and a brick-and-mortar retail presence - as recent moves from both Walmart and Amazon have shown, including today's back-to-back announcements from the two rivals …
Paul Sawers / VentureBeat:
Before Whole Foods the biggest Amazon acquisitions were Zappos for $1.2B (2009), Twitch for $970M (2014), Kiva Systems for $775M (2012), Souq for $650M (2017)  —  Amazon revealed it was entering the grocery market in a big way today, with news that it plans to acquire Whole Foods Market for a whopping $13.7 billion.
Michael J. de la Merced / New York Times:
Walmart to buy menswear company Bonobos for $310M; Bonobos' CEO Andy Dunn will oversee Walmart's digital brands  —  Walmart has agreed to acquire the men's clothing company Bonobos for $310 million.  —  The purchase is part of a sweeping effort by the world's largest retailer to revamp …
Andy Greenberg / Wired:
North Korea's cyberattack strategy may seem erratic, but experts warn it can be effective at raising funds, creating chaos, and extending military aggression  —  NORTH KOREA IS arguably the least-understood nation on the planet.  And that also applies to its state-sponsored hackers whose global cyberattacks …
Wall Street Journal:
Apple hires Sony TV execs Jamie Erlicht and Zack Van Amburg as heads of video programming worldwide reporting to Eddy Cue, to lead push into original content  —  Jamie Ehrlicht and Zack Van Amburg will join Apple as co-heads of video programming world-wide  —  Apple Inc. has poached …
Rochelle Toplensky / Financial Times:
Sources: EU to fine Google for abusing its search market dominance in the coming weeks; fine could top the €1B EU fined Intel in 2009  —  Search giant is braced for a fine that could top €1bn with decision expected shortly  —  Read next … Google is braced for a fine of potentially …
Olivia Solon / The Guardian:
Last year a Facebook bug exposed the personal profiles of 1,000+ content moderators to administrators of the groups with removed terrorist content  —  A security lapse that affected more than 1,000 workers forced one moderator into hiding - and he still lives in constant fear for his safety
Steve Dent / Engadget:
Microsoft unveils Modern Keyboard with a fingerprint sensor, which works either wired or via Bluetooth 4.0, compatible with Windows 8-10, Android, and macOS  —  Microsoft has quietly unveiled the Modern Mouse and Modern Keyboard, its next generation of Windows 10 input devices that match the latest Surface models in design and finish.
Ernesto / TorrentFreak:
Top EU court rules that ISPs can be ordered to block The Pirate Bay and other torrent sites  —  Internet providers in Europe can be ordered to block access to The Pirate Bay, even though the site itself doesn't store any infringing material.  This is the conclusion of the EU Court of Justice in what has proven to be a landmark case.

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Emily Jackson / Financial Post:
Rachael King / Wall Street Journal:
Arjun Kharpal / CNBC:
Jacob Kastrenakes / The Verge: