Techmeme
October 23, 2017, 3:40 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
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.
Tom Dotan / The Information:
Sources: Snap badly overestimated demand for Spectacles, has hundreds of thousands of unsold units in warehouses, either fully assembled or in parts  —  Snap badly overestimated demand for its Spectacles and now has hundreds of thousands of unsold units sitting in warehouses …
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 …
Darrell Etherington / TechCrunch:
Essential Phone price drops $200 to $499, a few months after its debut; current US customers get online credit toward other Essential purchases  —  Essential has an offer that's honestly very hard to refuse: The price of the Essential Phone (PH-1, going by technical model number), is now $200 cheaper, so $499 off-contract and unlocked.
Roger Cheng / CNET:
T-Mobile reports Q3 profit of $550M, adds 595K postpaid phone subs, meets expectations with $10B in revenue; earnings call skipped amid Sprint merger rumors  —  The “Un-carrier” boasted another strong quarter, but everyone's just wondering when its deal with Sprint will go down.
Monica Nickelsburg / GeekWire:
Amazon says it received 238 proposals from across North America for its second HQ  —  More than 200 metro areas entered to win Amazon's massive HQ2 contest before the Oct. 19 deadline — 238 to be exact.  —  Those proposals came from 54 states, provinces, districts, and territories across North America, Amazon announced Monday.

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