December 8, 2017, 5:30 PM

Top News

Sources: Apple to acquire music recognition app Shazam; one source puts the deal at about $400M; Shazam's post-money valuation after its 2015 funding was $1.02B  —  As Spotify continues to inch towards a public listing, Apple is making a move of its own to step up its game in music services.
Zac Hall / 9to5Mac:
Jony Ive, Apple's chief design officer, is returning to his management role within Apple's design group after handing off managerial duties in 2015  —  Jony Ive, Apple's chief design officer, is returning to his management role within Apple's design group after handing off managerial duties …
Jordan Novet / CNBC:
Sources: during a talk at a private party, Elon Musk said Tesla is developing specialized AI hardware “that we think will be the best in the world”  —  - At a private party on Thursday, Elon Musk spoke boldly about Tesla's upcoming custom artificial intelligence hardware.
Chance Miller / 9to5Mac:
KGI: all three iPhones to be introduced in 2018 will have more powerful batteries, with 6.5-inch and 5.8-inch OLED models getting L-shaped battery designs  —  Ming-Chi Kuo of KGI Securities is out with his latest investor note this evening covering more changes we can expect with next year's iPhone refresh.
Alex Kantrowitz / BuzzFeed:
Data from publishing tool SocialFlow says Twitter users are retweeting and liking tweets with over 140 characters almost twice as much as shorter ones  —  Given the deluge of complaints about Twitter's 280-character limit when it debuted this fall, you'd think people would be ignoring the new, lengthier tweets.
Alex Sherman / CNBC:
Sources: Microsoft and Google have expressed concern to Qualcomm over Broadcom's move to buy firm, and how it could impact 5G roll out  —  Microsoft and Google are among companies that have expressed private concerns to Qualcomm about a Broadcom takeover, according to people familiar with the matter.
Blair Hanley Frank / VentureBeat:
Nvidia unveils Titan V GPU aimed at machine learning applications, says Titan V has 110 teraflops of raw computing capability, 9x that of Pascal-based Titan X  —  Nvidia launched a new desktop GPU today that's designed to bring massive amounts of power to people who are working on machine learning applications.
Yoolim Lee / Bloomberg:
Singapore's largest taxi company, ComfortDelGro, to buy 51% of Uber's Singapore car rental unit for $218M, forming a joint venture to better compete with Grab  —  Uber will retain remaining 49% in the Singapore joint venture  —  Deal marks ComfortDelGro's single largest deal to-date

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