Techmeme
December 22, 2017, 1:30 PM

Top News

Evelyn Cheng / CNBC:
Bitcoin plunged below $11,000 on Coinbase, down 44% from record high of $19K+ at the start of the week, amid a crash in all major cryptocurrencies  —  - Bitcoin plunges more than 40 percent from its all-time high reached Sunday, according to Coinbase.  — Stocks that have soared dramatically …
Evelyn Cheng / CNBC:
Coinbase says it has temporarily suspended cryptocurrency trading, citing “high traffic”, amid crash in prices  —  Coinbase, one of the biggest bitcoin marketplaces in the U.S., said Friday that buying and selling was temporarily disabled amid a price rout in cryptocurrencies.
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.
Chris Davies / SlashGear:
Wireless security camera startup Blink says it has been acquired by Amazon and will continue to operate; Blink raised ~$1M in a 2014 crowdfunding campaign  —  Amazon has acquired Blink, the wireless security camera company that launched back in 2014 and then subsequently closed a million-dollar Kickstarter campaign.
Andy Greenberg / Wired:
Snowden-backed Haven app for Android alerts users of “evil maid” and other physical attacks using a phone's accelerometers, cameras, microphones, light sensor  —  YOUR DIGITAL SECURITY, any sufficiently paranoid person will remind you, is only as good as your physical security.
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 …
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 …
Associated Press:
Investigation finds Russia-linked Fancy Bear hacking group targeted 200+ journalists, publishers, and bloggers from mid-2014 until a few months ago  —  PARIS (AP) — Russian television anchor Pavel Lobkov was in the studio getting ready for his show when jarring news flashed across his phone …
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.

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