Techmeme
July 20, 2017, 11:45 AM

Top News

Tom Warren / The Verge:
Microsoft unveils Cortana-powered thermostat called GLAS, in partnership with Johnson Controls, that will run on Windows 10 IoT Core OS  —  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.
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 …
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.
Paresh Dave / Los Angeles Times:
More: CNBCThanks:@peard33
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.
Larry Dignan / ZDNet:
T-Mobile reports strong Q2 results, with $10.2B revenue, up 10% YoY, beating estimates of $9.81B, and 1.3M net new subs, ending the quarter with 69.6M in total  —  T-Mobile's second quarter nearly matched its seasonally strong fourth quarter.  The uncarrier approach continues to cause headaches for larger rivals.
Paul Sawers / VentureBeat:
Educational quiz platform Kahoot raises $20M Series A from Microsoft Ventures and others, bringing total raised to $26.5M  —  Kahoot, an online learning platform that lets teachers create and tailor quizzes for their classes, has closed its series A round of funding at $20 million.

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Smartsheet:
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