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Techmeme
December 7, 2017, 9:01 AM
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Top News

Michael McWhertor / Polygon:
Steam ends support for bitcoin payments citing volatility as fees move toward $20 per transaction vs. ~$0.20 when support via Bitpay was enabled April 2016  —  “It has become untenable to support Bitcoin as a payment option”  —  Valve is ending support for Steam purchases made with bitcoin …
David Meyer / Fortune:
Bitcoin price crosses $15K despite bubble warnings, with a total market capitalization of ~$256B  —  Bitcoin broke through the $15,000 barrier on Thursday morning as it continued what has been a remarkable run even by the cryptocurrency's usual bubblelicious standards.
Reuters:
NiceHash, a Slovenia-based marketplace for cryptocurrency mining, says it was hacked and 4,700 bitcoins, worth about $60M+, were stolen from its wallet  —  (Reuters) - Cryptocurrency marketplace NiceHash said the contents of its bitcoin wallet had been stolen in a security breach and one executive said nearly $64 million had been lost.
Ron Amadeo / Ars Technica:
Google shuts down the app section of Chrome Web Store and emails developers saying Chrome Apps are deprecated, although they remain on Chrome OS  —  Google says Progressive Web Apps are the future of app-like webpages.  —  More than a year ago, Google announced that Chrome Apps would be removed …
Andrew J. Hawkins / The Verge:
Lyft launches first self-driving car pilot in Boston; select riders will be paired with a nuTonomy autonomous car, human safety drivers will be behind the wheel  —  Robot taxis by NuTonomy  —  Lyft's first self-driving car pilot is officially underway.  The company is sending autonomous vehicles …
Farhad Manjoo / New York Times:
How new businesses, including 100K+ with $100K+ sales, are using Amazon to sell electronics and other products, often undercutting established competitors  —  A few weeks ago, Wyze Labs, a one-year-old start-up in Seattle, sent me its first gadget to try.  It's a small, internet-connected video camera …
David Ruddock / Android Police:
Qualcomm details Snapdragon 845, the successor to 835: 30% faster graphics, better power efficiency and connectivity, 4K HDR, Secure Processing Unit, more  —  Qualcomm detailed its next-generation chipset, the Snapdragon 845, at a press conference in Hawaii this morning.

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From Mediagazer

The Wrap:
The FCC votes to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin

Upmanyu Trivedi / Bloomberg:
The UK Competition and Markets Authority clears Paramount's takeover of WBD, saying “after the merger, Paramount will continue to face sufficient competition”

Jaspreet Singh / Reuters:
Fox reports Q4 revenue up 28% YoY to $4.21B, above $3.64B est., ad revenue up 78% to $1.92B, driven by its World Cup broadcast and growth at Tubi; FOX jumps 5%+

More News

Queenie Wong / SiliconBeat:
Survey of 869 founders: 78% of women and 48% of men have faced sexual harassment at work or know someone who faced it; 70% of women say it's underreported
John Herrman / New York Times:
Popular anxiety about the internet and technology in 2017 has taken a different form from the 1990s and 2000s, as big companies dominate now
Tony Romm / Recode:
Sources: Oracle has lobbied against Google for past year, seeded negative stories on Android privacy, bought billboard spots denouncing internet companies, more

Earlier Picks

Kara Swisher / Recode:
Mozilla countersues Yahoo Holdings and Oath, after they filed against Mozilla last week for switching the default search engine from Yahoo to Google
Mitchel Broussard / MacRumors:
Amazon Prime Video app launches on Apple TV in 100+ countries, supports 4K HDR and Apple's centralized TV app
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