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November 8, 2017, 12:30 PM
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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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This is a Techmeme archive page. It shows how the site appeared at 12:30 PM ET, November 8, 2017.

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From Mediagazer

Sara Fischer / Axios:
CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M

Sara Fischer / Axios:
Essence magazine's parent, Sundial Media Group, agrees to buy Refinery29 from Vice Media and names former Vice COO Cory Haik as CEO of Refinery29

New York Times:
Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance

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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