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Techmeme
January 3, 2018, 9:40 AM
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Top News

Rob Copeland / Wall Street Journal:
Sources: Thiel's Founders Fund bought $15-$20M in bitcoin, now worth hundreds of millions, spread across multiple funds, one of which began investing in mid-'17  —  Founders Fund, the venture-capital firm co-founded by Peter Thiel, has bought large sums of bitcoin that are now worth hundreds of millions of dollars.
The Register:
Security issues arising from design flaw in Intel CPUs will need OS fix that will slow down Windows, Linux, macOS machines; Intel to provide more details soon  —  Other OSes will need an update, performance hits loom  —  A fundamental design flaw in Intel's processor chips has forced …
Eriq Gardner / Hollywood Reporter:
Spotify faces new copyright lawsuit from Wixen Music that suggests up to 21% of Spotify songs are unlicensed; plaintiff seeks $1.6B+ in damages  —  Wixen Music Publishing files a new lawsuit that also covers music from Rage Against the Machine, The Doors, Steely Dan and many others.
Emily Chang / Vanity Fair:
An excerpt from Emily Chang's upcoming book Brotopia, on Silicon Valley's drug-fueled sex parties attended by powerful investors and well-known entrepreneurs  —  Some of the most powerful men in Silicon Valley are regulars at exclusive, drug-fueled, sex-laced parties—gatherings they describe …
Brian Heater / TechCrunch:
Apple buys buddybuild, an app development service with about 40 employees based in Vancouver, and will roll its product into Xcode  —  Apple continues to ramp up its efforts to court developers by making it easier to create and iterate their apps for its platforms.
iFixit:
iMac Pro teardown: RAM, dual SSDs, CPU are modular, but GPU is soldered in place and many key components aren't accessible, earning a 3/10 repairability score  —  Tools Featured in this Teardown  —  Introduction  —  We dropped $4,999 to get our hands on the hot new space gray Magic Mouse …
Davey Alba / BuzzFeed:
Logan Paul debacle highlights YouTube's content moderation problem, as experts say Paul's video isn't something AI moderation could catch on its own  —  Logan Paul attends The Thinning Meet & Greet during the 2016 New York Comic Con.  —  YouTube has a content crisis — again.

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From Mediagazer

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”; earlier CBS aired the Kennedy Center Honors, hosted by Trump

Lorcan Lovett / Nieman Reports:
A look at the state of independent media in Myanmar, which lost US and Swedish funding this year and where subscriptions aren't a dependable source of revenue

More News

Anita Balakrishnan / CNBC:
US blocks sale of money transfer service MoneyGram to Alibaba's Ant Financial; Ant Financial will pay a $30M termination fee for the deal breakup

Earlier Picks

Anita Balakrishnan / CNBC:
Report: after years of trying, Amazon and Salesforce have made “significant progress” in move away from Oracle tech by building their own and using open-source
Sarah Perez / TechCrunch:
Amazon says it shipped 5B+ items with Prime in 2017 and that more new members joined Prime worldwide in 2017 than any other year
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