December 5, 2017, 9:10 AM

Top News

Ron Amadeo / Ars Technica:
Google launches Android Oreo (Go edition) for low-end phones with less than 1GB RAM, which uses smaller Go versions of apps like Gmail, YouTube, and Maps  —  Google's stripped-down version of Android is ready for OEMs.  —  Google's upcoming low-end configuration of Android—"Android Go"—has hit a major milestone.
YouTube says moderation team will have 10K+ people by end-2018, up 25% according to sources, and pledges new approach to ads to curb child exploitation problem  —  The company plans to have over 10,000 content moderators on staff by the end of 2018, YouTube CEO, Susan Wojcicki said.
Andrew Ross Sorkin / New York Times:
Steve Case's new Rise of the Rest fund raises $150M from Jeff Bezos, Eric Schmidt, and others to promote start-ups in the middle of the United States  —  When Steve Case, the billionaire co-founder of AOL, first met J. D. Vance, author of “Hillbilly Elegy,” the best-selling book …
Taylor Lorenz / The Daily Beast:
Facebook removes posts, suspends users for phrases like “men are scum”; ~500 female comedians staged Nov. protest using the terms, most were suspended  —  When comic Marcia Belsky sarcastically replied “men are scum” to a friend's Facebook post back in October …
Paul Sawers / VentureBeat:
Intuit to acquire employee time-tracking and employee scheduling app TSheets for $340M; TSheets had raised ~$15M in 2015 and claims ~35K customers globally  —  Financial software giant Intuit has announced plans to acquire TSheets, the company behind the eponymous time-tracking and employee scheduling app …
More: TechCrunch and ZDNet
Sarah Perez / TechCrunch:
Target launches its own in-app mobile payments system on iOS and Android with debut of Wallet feature  —  As promisedearlier, Target today launched its own mobile payments system with the introduction of “Wallet” in the Target app.  Wallet, as the name implies, allows Target shoppers in-store …
Jeff John Roberts / Fortune:
SEC's new cyber unit dedicated to ICOs files its first charges over a scam by PlexCoin, which reportedly raised $15M and promised 13-fold profit within a month  —  A new division of the Securities and Exchange Commission dedicated to so-called “initial coin offerings” (ICOs) …

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