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Techmeme
November 8, 2017, 12:30 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple ramps up work on AR headset, which has its own display and runs on a new chip and OS, aims to have tech ready by 2019 and ship as early as 2020  —  Company hopes to have technology ready for 2019; ship later  —  Breakthrough device will have new chip and operating system
David Shepardson / Reuters:
Ex-Yahoo CEO Marissa Mayer apologizes at Senate hearing for data breach and blames Russian agents for stealing users' data  —  WASHINGTON (Reuters) - Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for a pair of massive data breaches at the internet company and blamed Russian agents …
Caitlyn Gribbin / ABC:
Facebook tests hashing to eliminate revenge porn in some countries; users send nude pics to themselves that Facebook will hash so they never appear on its sites  —  If you've had a nude photo taken, you might be nervous about where it could end up.  —  Your phone may be hacked …
Terri Cullen / CNBC:
SEC filing shows China's Tencent bought a ~10% minority stake in Snap; sources say Tencent purchased 145.8M nonvoting shares over the last quarter  —  - The news comes as a vote of confidence in Snap, one day after the company posted a huge revenue miss for the third quarter.
Snap Investor Relations:
Snap reports Q3 net loss of $443.2M, vs. last year's $124.2M, and writes off $39.9M in unsold Spectacles inventory
Chris Welch / The Verge:
Evan Spiegel says Snap is redesigning Snapchat to make it easier to use and expects that it will be “disruptive to our business in the short term”
Andrew J. Hawkins / The Verge:
Uber partners with NASA for its Elevate flying car project, aims to launch aerial taxis in Los Angeles by 2020  —  Los Angeles will be the third test city, and NASA will provide logistical support  —  Uber's “flying car” project Elevate came whizzing back into view today with a number …
Matthew Panzarino / TechCrunch:
Apple Pay Cash launches in iOS 11.2 beta 2, letting users send and receive Apple Pay money in Messages  —  Apple is soft-launching direct, person-to-person payments in an iMessage today with the Apple Pay Cash beta.  The feature, which was announced earlier this year, allows you to send …
Sarah Perez / TechCrunch:
Twitter officially launches Promote Mode, a $99/month automated tool for promoting tweets aimed at small businesses  —  Twitter unveiled in its Q3 earnings report that it had been testing a new, self-serve advertising subscription aimed at small businesses.

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Kayla Cobb / The Wrap:
AMC Global Media reports Q2 net revenue down 8.8% YoY to $547M, streaming revenue up 6% to $180M due to price hikes, and domestic ad revenue down 11% to $109M

Ali Swenson / Associated Press:
New media sites on the left have found growing audiences; Drop Site News co-founder Ryan Grim says his two-year-old site has 800K free and 60K paid subscribers

The Scottish Beacon:
In an open letter, the Scottish Beacon calls on the Scottish government to create a local news fund, invest in public ads, and fund journalism placements

More News

Earlier Picks

Casey Newton / The Verge:
Twitter to roll out 280-character tweets around the world, in all languages except Chinese, Japanese, and Korean
Jon Russell / TechCrunch:
Major flaw in Parity multi-sig wallets, often used in ICOs, potentially freezes hundreds of millions of dollars worth of Ethereum
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