Techmeme
September 18, 2017, 2:50 PM

Top News

Thomas Fox-Brewster / Forbes:
Hackers hid backdoor in Avast-owned system cleanup tool CCleaner for Windows from August 15 to September 12; affected software was run by 2.27M users  —  Users of Avast-owned security application CCleaner for Windows have been advised to update their software immediately …
Harry McCracken / Fast Company:
A profile of Satya Nadella, who has stopped infighting, restored morale, and has led Microsoft over the past 3.5 years as its market cap increased by $250B+  —  Microsoft's CEO has stopped infighting, restored morale, and created more than $250 billion in market value.  All it took was focusing on what matters most.
Richard Waters / Financial Times:
Slack raises $250M, largely from Softbank's Vision Fund, valuing the firm at $5.1B, up from $3.8B at the time of its April 2016 round  —  Workplace messaging app Slack has been valued at $5.1bn in its latest fundraising, which drew $250m from investors as the weight of cash in private markets continues …
Ingrid Lunden / TechCrunch:
Google debuts Tez, a mobile payments app that uses ultrasonic sounds to let you exchange money, launching today on iOS and Android in India  —  After several weeks of speculation and leaked details, today Google officially unveiled its first big foray into mobile payments in Asia.
New York Times:
Facebook and other tech giants are increasingly coming into conflict with governments around the world that are exerting greater control over the internet  —  On a muggy, late spring evening, Tuan Pham awoke to the police storming his house in Hanoi, Vietnam.
Cade Metz / New York Times:
How a slowdown in Moore's Law led to the rise of specialized chips like FPGAs and GPUs for AI and other applications in computing  —  New technologies are testing the limits of computer semiconductors.  To deal with that, researchers have gone looking for ideas from nature.
More: AxiosThanks:@reckel
Cromwell Schubarth / Silicon Valley Business Journal:
SEC filing: Roku more than doubles its IPO target, hopes to raise up to $252M  —  Roku Inc. set a price range for its upcoming IPO that more than doubles the amount it hopes to raise in the offering and could increase its valuation by about a third.  —  The leading maker of streaming media players …
Natalia Drozdiak / Wall Street Journal:
Sources: Google has offered to auction off shopping ad spaces to rivals, to comply with EU's antitrust order; Google would set price cap for its own bids  —  Tech giant would bid against its competitors to display products for sale in the space above its general search results
Molly Schuetz / Bloomberg:
Cisco Executive Chairman John Chambers will not stand for re-election in December; CEO Chuck Robbins will assume the role  —  Chuck Robbins has been the company's leader since July 2015  —  Move cements Robbins's position as he tries to remake company  —  Cisco Systems Inc. Chief Executive …

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