Techmeme
November 13, 2017, 8:40 AM

Top News

David Z. Morris / Fortune:
Bitcoin Cash's market cap is up 130%+ in 2 days to about $26B, briefly overtaking Ethereum's, and Bitcoin Cash's hashrate has surpassed Bitcoin's  —  The cryptocurrency market is experiencing a complex shakeup this weekend, with a recently created digital token called Bitcoin Cash (BCH) …
Stan Higgins / CoinDesk:
Mining begins of Bitcoin Gold, a fork of Bitcoin that aims to thwart specialized mining chips  —  The newest fork of the bitcoin blockchain is officially live after a rocky start.  —  Developers for the project, dubbed bitcoin gold, published software for the breakaway cryptocurrency today, releasing the code on GitHub as well.
Eric Newcomer / Bloomberg:
Sources: Uber-SoftBank deal to see investors buying $1B of Uber shares at current valuation, proceed with $9B tender offer for secondary shares in coming weeks  —  Uber moves closer to selling up to $10 billion in shares  —  Benchmark agrees to put suit against Uber co-founder on hold
Katie Roof / TechCrunch:
Uber says it's entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment  —  The paperwork's done!  The long-anticipated SoftBank Group investment into Uber has been agreed upon, a spokesperson confirms to TechCrunch.  —  We've been provided the following statement.
Kara Swisher / Recode:
Sources: even with truce between Benchmark and Kalanick, the deal hinged on the success of SoftBank's tender offer for Uber's secondary shares  —  Employees will be able to sell half their stock  —  A “Peace Deal” to settle an ugly boardroom war at Uber is expected to be signed today or tomorrow.
More: Axios and Tech in AsiaTweets: @jason
New York Times:
Inside NSA's Tailored Access Operations group and the investigation into Shadow Brokers, a hack of NSA now considered much more damaging than Snowden leak  —  A serial leak of the agency's cyberweapons has damaged morale, slowed intelligence operations and resulted in hacking attacks on businesses and civilians worldwide.
Dan Goodin / Ars Technica:
Vulnerability present in many now-patched antivirus products including Malwarebytes allowed malware to leave quarantine and gain full system control  —  New AVGater flaw provided key ingredient for hacker to hijack computer.  —  Antivirus programs, in many cases, make us safer on the Internet.
Aliya Ram / Financial Times:
UK-based Graphcore, maker of machine learning chips, has raised $50M from Sequoia Capital  —  UK chipmaker Graphcore has raised $50m from Sequoia Capital, one of Silicon Valley's top venture capital firms, as the start-up angles to become Britain's biggest maker of artificial intelligence hardware.
Christina Larson / Foreign Policy:
Facebook, blamed for unintended consequences of the service in nations like Myanmar, says “product and integrity research team” is headed to SE Asia this month  —  Zuckerberg needs to stop courting Beijing and start paying attention to the countries where Facebook matters.
Kim Tingley / New York Times:
Semi-autonomous vehicle-to-vehicle and vehicle-to-infrastructure tech struggles to draw attention away from independent, fully autonomous solutions like Waymo's  —  THE TECH & DESIGN ISSUE: LIFE AFTER DRIVING  —  IN HIS 31-YEAR career delivering frozen patties, ketchup packets …
Jon Russell / TechCrunch:
Alibaba smashes its Singles Day record once again as sales hit $25.4B, a 39% increase over last year's sales total  —  Alibaba has set another Single's Day record after the e-commerce giant sold over $25 billion of product on the Chinese biggest online shopping date.

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