Techmeme
July 26, 2017, 8:45 AM

Top News

Frederic Lardinois / TechCrunch:
Adobe says it will stop updating and distributing Flash at the end of 2020  —  Adobe today announced that Flash, the once-ubiquitous plugin that allowed you to play your first Justin Bieber video on YouTube and Dolphin Olympics 2 on Kongregate, will be phased out by the end of 2020.
Stan Higgins / CoinDesk:
SEC issues investigative report concluding DAO tokens, a digital asset, were securities, and securities law “may apply” to token sales  —  The US Securities and Exchange Commission said today that the offering and sale of digital tokens “are subject to the requirements of the federal securities laws”.
Wall Street Journal:
Trump says Tim Cook has promised Apple will build three “big, beautiful plants” in US, adding they'd be “big, big, big” but no details on timetable or location  —  Apple declined to comment on president's remarks, which didn't include where or when plants would be built
Sean O'Neill / Skift:
Google is testing vacation rental search in its hotel price-comparison tool using ~7K property listings in Europe  —  This apartment, based in Paris's 15th arrondissement (or neighborhood), is available on Booking.com and was listed yesterday for a booking of 8 to 14 people via Google's “hotel search.”
Bérénice Magistretti / VentureBeat:
Khosla Ventures leads $50 million investment in Vicarious' AI tech  —  Vicarious, which is working on narrowing the gap between human and artificial intelligence, announced today that it has raised $50 million in a round led by Khosla Ventures.  —  The Union City, California-based startup …
Arjun Kharpal / CNBC:
Nintendo Q1 beats expectations as revenue rose nearly 150% to $1.37B on strong demand for the Switch console, which sold 1.97M units in Q1, 4.71M in total  —  - The company sold 1.97 million Switch consoles and maintained its forecast of selling 10 million units this financial year.
Yossi Matias / Google:
Google adds SOS Alerts in Search and Maps to provide users with information in a crisis  —  In times of crisis, access to timely, actionable information is crucial.  Working alongside trained responders and volunteers on the ground, technology plays a vital role in providing information …
Camila Russo / Bloomberg:
LedgerX is set to become the first federally regulated cryptocurrency options exchange and clearinghouse in the US after receiving CFTC license  —  LedgerX becomes the first regulated bitcoin options exchange  —  CFTC authorized company to provide clearing services for swaps

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