Techmeme
September 14, 2017, 10:25 AM

Top News

Bloomberg:
Sources: Magic Leap seeks $500M+ for ~$6B valuation with Singapore firm Temasek mulling investment; company hopes to ship headset within 6 months for $1.5K-$2K  —  Wearable computing startup closes in on $6 billion valuation  —  Device set to ship in six months, be priced more than $1,500
Dan Goodin / Ars Technica:
Equifax blames Apache Struts vulnerability that was patched on March 6 for the massive data breach that it says happened in mid-May  —  Critical Apache Struts bug was fixed in March.  In May, it bit ~143 million US consumers.  —  The Equifax breach that exposed sensitive data …
Brian Krebs / Krebs on Security:
Tom Warren / The Verge:
iPhone X's notch, used to house Face ID hardware, leads to UI quirks and design compromises, especially when viewing photos and videos or playing games  —  Hot or notch?  —  Apple's new iPhone X has a spectacular edge-to-edge display that dominates the entire front of the device.
Ingrid Lunden / TechCrunch:
Samsung launches $300M Samsung Automotive Innovation Fund for autonomous tech, invests $90M into TTTech, a safety software developer for autonomous systems  —  Not to be outpaced in the connected car market by other tech giants, today the world's largest smartphone maker, Samsung …
Dustin Volz / Reuters:
Trump administration issues directive giving agencies 90 days to discontinue use of Kaspersky software, citing concerns about ties to Russian government  —  WASHINGTON (Reuters) - The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products …
Casey Michel / Extra:
A deep look at Heart of Texas, a Russia-linked Facebook group that promoted Texas secession and had 225K+ members before being taken down in summer of 2017  —  When is a Texan not a Texan?  —  Earlier this week, Facebook announced that they had shuttered almost 500 accounts they believe …
Bloomberg:
President Trump blocks $1.3B sale of Lattice Semiconductor to China-backed private equity fund Canyon Bridge, citing national security  —  Fourth presidential block of foreign takeover in last 27 years  —  Order adds to string of failed Chinese deals for U.S. firms
Pan Yue / China Money Network:
TNG FinTech, a Hong Kong-based developer of a digital wallet platform, raises $115M led by private equity firm NewMargin  —  NewMargin Capital, a private equity firm listed on China's New Third Board, has led a US$115 million series A round in TNG Fintech, a Hong Kong-based financial technology start …

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