Techmeme
December 21, 2017, 11:40 PM

Top News

Jillian D'Onfro / CNBC:
Eric Schmidt to step down as executive chairman of Alphabet's board of directors, will transition to technical adviser and continue to serve on the board  —  Eric Schmidt will be stepping down as the executive chairman of Alphabet's board of directors and transitioning to technical advisor, the company announced.
Alex Webb / Bloomberg:
Sources: Apple is developing an EKG heart monitor for Apple Watch  —  Electrocardiogram can help detect arrhythmia, stroke risks  —  Apple Watch already has a built-in heart rate monitor  —  Apple Inc. is developing an advanced heart-monitoring feature for future versions of its smartwatch …
Ben Lovejoy / 9to5Mac:
Throttling iPhones with older batteries was the right decision, but Apple's lack of transparency undermines customers and fuels conspiracy theories  —  Apple caused a furore yesterday when it admitted that it deliberately slows down older iPhones.  —  The issue first came to the fore …
Jem Aswad / Variety:
Universal Music Group and Facebook sign multiyear deal to license UMG's recorded music and publishing catalogs across Facebook, Instagram, and Oculus  —  Facebook and Universal Music Group today announced a global, multi-year agreement under which UMG becomes the first major music company …
Ben Kuchera / Polygon:
Apple says apps with loot boxes or other mechanisms that provide randomized virtual items for purchase must disclose odds of receiving items prior to purchase  —  This is a big change  —  The rise of loot boxes in premium video games was one of the most controversial stories of the year …
CNBC:
Comcast claims it will award $1K bonuses to 100k+ employees due to net neutrality repeal and tax cut; AT&T to award $1K bonuses to 200k employees and invest $1B  —  - The House of Representatives on Wednesday sent tax reform legislation to President Donald Trump, who is expected to sign it soon.
Katie Roof / TechCrunch:
Mattermark to shut down after being acquired by FullContact, source says for under $500K in cash plus stock; common stockholders will get nothing in the deal  —  Mattermark, the site for startup and company data, is shutting down its own business after selling in a disappointing outcome to FullContact.
Nicholas Megaw / Financial Times:
Long Island Iced Tea Corp, an unprofitable soft drink maker, rebrands as Long Blockchain Corp and pivots to blockchain exploration; shares rise as much as 500%  —  A US securities regulator has warned investors against “potential scams” following a surge in stock prices of hitherto obscure companies …
Nathaniel Popper / New York Times:
Winklevoss twins reflect on their risky bet on Bitcoin, now worth ~$1.3B, made using the $65M settlement they received from Facebook  —  The virtual currency stockpile that Cameron and Tyler Winklevoss began amassing in 2012 is now worth around $1.65 billion.  They have no plans to sell.
Monica Alleven / FierceWireless:
3GPP, the organization that governs cellular standards, signs off on the first specification for 5G, dubbed 5G NR; full details coming later this week  —  As expected, members of the 3GPP ratified the Non-Standalone (NSA) 5G New Radio (NR) specification for what will form the basis of commercial 5G products …

Sponsor Posts

Wavefront by VMware:
Metrics and Analytics by Wavefront by VMware: Enter to Win $500  —  Discover Wavefront's out-of-the-box monitoring suite for Containers, AWS, Windows, Linux & more.  Try Free for 30 days, enter to win $500
eero:
The eero Plus experience keeps getting better with regular updates.  —  With the latest version of the eero app for iOS and Android, it's now easy to track your eero Plus daily, weekly, and monthly activity of Inspections …
Zoho:
More context minus the clutter, with Layouts  —  Think of the last time you had a bad customer experience.  You likely had to do at least one of these: choose from a long confusing list of fields on a form …
TechCrunch Disrupt SF:
Techmeme readers save 15% off Disrupt SF passes  —  TechCrunch's Disrupt SF (Sept. 5-7) is our most ambitious event ever where our 10k attendees will extract more startup insights & inspiration than ever before.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Monday, 8/13 - Does Google Track Even When You Say No? Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:40 PM ET, December 21, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Sarah Perez / TechCrunch:
Nick Statt / The Verge: