Techmeme
July 13, 2017, 8:20 PM

Top News

Mark Gurman / Bloomberg:
Sources: Facebook plans to unveil a $200 standalone wireless Oculus VR headset for 2018, which will be more compact than the Rift and lighter than Gear VR  —  The new device will work without being tethered to phone or PC  —  Company bets gadget will popularize VR as Apple did smartphone
Chris Baraniuk / BBC:
UK-based luxury phone-maker Vertu to be liquidated after plan to save it failed; 200 will be laid off  —  A British-based company that made smartphones costing thousands of pounds will be liquidated after a plan to save it failed.  —  Vertu was known for its high-end, jewel-encrusted handsets …
Eric Newcomer / Bloomberg:
Uber and Yandex merge ride-sharing services in Russia in $3.7B joint venture; Yandex will invest $100M for a 59.3% stake, Uber will invest $225M for 36.6% stake  —  Yandex to take controlling stake in new combined venture  —  Deal marks Uber's second major global retreat after China
Maureen Farrell / Wall Street Journal:
Sources: Roku has hired IPO underwriters, and one source says it may file confidentially in the next few weeks, seeking a valuation of ~$1B  —  Streaming media player maker said to be seeking a valuation of roughly $1 billion  —  Roku Inc., which makes streaming media devices and software …
Tony Romm / Recode:
Net neutrality Day of Action organizers estimate at least 10M saw Wednesday's protest, with over 2M submitting comments to the FCC  —  Organizers say they reached more than 10 million users, but some of the largest tech companies seemed to hold back.  —  Facebook, Google, Twitter and other companies …
Eduard Kovacs / SecurityWeek:
Info on millions of Verizon users, including phone numbers, addresses, PINs were left exposed online; Verizon disputes early reports of 14M, says it affected 6M  —  The personal details of millions of Verizon customers were exposed online due to a misconfigured Amazon Web Services (AWS) …

Sponsor Posts

Microsoft:
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IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
At Zoho Recruit, We Take Workflows very Personnel-ly  —  Here's the thing about workflows.  They are very difficult to understand until you actually start working with them.  —  But, for recruiters …

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