Techmeme
December 22, 2017, 3:40 AM

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.
Bloomberg:
Sources: Goldman Sachs is setting up a cryptocurrency trading desk and expects it to be running by June 2018  —  The business may be running by the end of June, two people say  —  CEO Blankfein has said the firm is mulling a bitcoin strategy  —  At least one of Wall Street's biggest firms …
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 …
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.
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 …
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.
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.
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 …
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

OVHcloud:
Sustainable from the ground up  —  Discover eco-friendly cloud solutions powered by advanced water-cooling technology.  Join a trusted cloud leader and transform your digital landscape.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
How AI is changing remote support software: A simple guide  —  Artificial intelligence (AI) transforms how businesses help their customers, especially when it comes to remote support.
Opal:
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Thu. 07/18 - Crypto Exchange Hacks Are Back
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:40 AM ET, December 22, 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:
Jon Russell / TechCrunch: