December 7, 2017, 12:55 PM

Top News

Casey Newton / The Verge:
Instagram is testing Direct, a standalone private messaging app that replaces the current inbox, in six countries; there is no timeline yet for a global launch  —  Messenger 2.0  —  Instagram is testing a standalone app for private messages called Direct, a first step toward possibly toward …
Lauren Etter / Bloomberg:
How Philippine's President Duterte utilized Facebook, used by 97% of Filipino internet users, to spread his message before weaponizing it to target dissent  —  Rodrigo Duterte walked down the aisle of a packed auditorium at De La Salle University in downtown Manila, shaking hands and waving …
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.
Catherine Shu / TechCrunch:
Patreon says it will reduce pledge fee from 5% to 2.9%, but add a $0.35 charge for each individual pledge, causing concern among some creators  —  Patreon announced a new service fee policy that it says will help creators keep more money, but many are worried because they believe it will instead discourage their patrons from pledging.
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 reaches $16K+ despite bubble warnings, with a total market capitalization of ~$270B  —  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.
Andrew Webster / The Verge:
Sony says PS4 sales reached 70M units and PlayStation VR sold 2M units worldwide; PS4 now on track to surpass its predecessor which sold 80M+ over its lifespan  —  Sony announced today that the PlayStation 4 has hit a major new milestone, surpassing 70 million units sold worldwide.
Shannon Liao / The Verge:
Google adds video responses from celebrities, including Will Ferrell, Gina Rodriguez, and Mark Wahlberg, for popular questions as a trial in US  —  Using selfie-style videos  —  Google today is launching a new search feature that will have celebrities answering commonly searched questions …

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