Techmeme
July 20, 2017, 12:25 PM

Top News

Russell Brandom / The Verge:
Department of Justice and Europol announce takedown of dark web marketplaces AlphaBay and Hansa Market, both focused on drugs and fraudulent IDs  —  AlphaBay and Hansa Market are gone, dealing a major blow to the online drug trade  —  An international law enforcement effort has brought …
Tom Warren / The Verge:
Microsoft unveils Cortana-powered thermostat called GLAS, in partnership with Johnson Controls, that will run on Windows 10 IoT Core  —  Built by Johnson Controls  —  Microsoft is partnering with Johnson Controls to build a thermostat.  The software giant unveiled the new GLAS thermostat in a YouTube video today.
Christina Farr / CNBC:
Source: Intel has eliminated its wearables division, which made the Basis smartwatch, and the company's New Technologies Group now focuses on AR  —  - Intel laid off about 80 percent of the team that made the Basis smartwatch in November, and has now eliminated the division entirely, a person familiar tells CNBC.
Chris Welch / The Verge:
YouTube debuts Redirect Method, showing vulnerable or isolated would-be extremists curated videos to combat extreme ideologies  —  YouTube is taking its next step in countering extremism and terrorist content on its platform.  Today the company announced that effective immediately …
Peter Kafka / Recode:
Vimeo promotes Anjali Sud, who has been the video company's general manager, to CEO  —  Anjali Sud gets a promotion; Joey Levin goes back to running IAC full time.  —  Vimeo has a new boss, after going more than a year without a full-time leader.  —  Parent company IAC has promoted Anjali Sud …
Wolfie Zhao / CoinDesk:
Ethereum startup Parity warns of flaw in v1.5+ of its wallet software, says three multi-sig wallets have been compromised and ~$30M of Ether have been stolen  —  Smart contract coding company Parity has issued a security alert, warning of a vulnerability in version 1.5 or later of its wallet software.
Ingrid Lunden / TechCrunch:
Memo: GoDaddy to shut down its AWS-style Cloud Servers service, launched in 2016, on December 31  —  As web hosting and domain registration business GoDaddy prepares to report its quarterly results in a couple of weeks, the company is making some moves to reorganise its business.
Kate Brumback / AP News:
US court sentences Russian man who helped build Citadel malware, which infected ~11M computers and caused $500M+ in losses, to five years in prison  —  A Russian man who helped develop and distribute malicious software designed to steal personal financial information was sentenced Wednesday in Atlanta to serve five years in prison.
 

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