Techmeme
October 23, 2017, 7:20 PM

Top News

Bloomberg:
Cisco to buy telecommunications software company BroadSoft for ~$1.9B to expand further into software and cloud services  —  Cisco Systems Inc. agreed to buy BroadSoft Inc. for about $1.9 billion to expand further into software and cloud services.  —  Cisco will pay $55 a share in cash …
Alex Hern / The Guardian:
Facebook testing News Feed change in six countries, moving non-promoted posts from Pages to a secondary feed, decreasing engagement for some media  —  New system could destroy smaller publishers if implemented, after journalists report drop in organic reach - but users will still see their friends' posts
Ben Thompson / Stratechery:
FTC failed in allowing Facebook to acquire Instagram, WhatsApp; it should intervene on tbh, regardless of whether the purchase price is enough to mandate review  —  There was one line in TechCrunch's report about Facebook's purchase of social app tbh [sic] that made me raise my eyebrows (emphasis mine):
Tom Dotan / The Information:
Sources: Snap overestimated demand for Spectacles, has hundreds of thousands of unsold units in warehouses; Evan Spiegel previously said sales beat expectations  —  Snap badly overestimated demand for its Spectacles and now has hundreds of thousands of unsold units sitting in warehouses …
Michael Balsamo / Associated Press:
FBI Director Christopher Wray says in first 11 months of fiscal year, agents were unable to unlock over half the mobile devices it tried to access, over 6,900+  —  PHILADELPHIA (AP) — The FBI hasn't been able to retrieve data from more than half of the mobile devices it tried to access in less than a year …
Saqib Shah / Engadget:
Google rolls out “Pay With Google”, which lets Android users shop faster by using a debit or credit card setup previously on a Google service, like YouTube  —  As promised, Google is streamlining online purchases made through Android devices by rolling out Pay with Google.
Kim Zetter / The Intercept:
Kaspersky offers source code and business operations for review by independent third parties after Russian spying claims  —  Responding to U.S. government suggestions that its antivirus software has been used for surveillance of customers, Moscow-based Kaspersky Lab is launching what it's calling …
Stan Higgins / CoinDesk:
E-sports betting startup Unikrn, backed by Mark Cuban, raises $31M in ICO; Unikoin Gold token to act as a medium of exchange for bettors to use on the platform  —  E-sports betting startup Unikrn has raised roughly $31 million in an initial coin offering.  —  The firm collected 112,720 ethers …
More: Quartz
Josh Constine / TechCrunch:
Snapchat updates iOS app with link sharing from other apps, introduces temporary opt-out options for Snap Map  —  Snapchat is embracing links beyond its native content and will now allow you to briefly disappear from its Snap Map.  In an update to Snapchat's iOS apptoday, Snap began rolling out two important new features.
Dieter Bohn / The Verge:
Google ‘actively investigating’ reports of Pixel 2 XL screen burn-in  —  Bad to worse  —  Over the weekend, people with review units of the Pixel 2 XL began noticing a problem.  No, not the already-known issues of muddy color and grainy textures when viewed in low-light, but one that's potentially more worrisome: screen burn-in.

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