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Techmeme
January 3, 2018, 2:15 PM
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Top News

Dan Primack / Axios:
Sources: Spotify confidentially filed IPO documents with the SEC at the end of December; indications are the company wants to list in Q1  —  Music streaming giant Spotify confidentially filed IPO documents with the SEC at the end of December, Axios has learned from multiple sources.
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.
Mary Jo Foley / ZDNet:
Microsoft acquires Pittsburgh-based Avere Systems, a file storage vendor for Windows and Linux, will integrate its technology with Azure cloud  —  Microsoft plans to integrate Avere's file system and caching technologies for Windows and Linux clients with its Azure cloud.
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 …
Bloomberg:
Sources discuss SoftBank CEO Masayoshi Son's often hard-edged dealmaking style as he runs Vision Fund, making some of the largest-ever tech startup investments  —  The Japanese billionaire has changed the startup game with his aggressive investing and enormous checkbook.  Does he know what he's doing?
Sarah Perez / TechCrunch:
Roku launches licensing program for manufacturing partners to use its voice assistant with smart speakers, smart soundbars, and other home audio systems  —  Roku, which sells the most popular brand of streaming media players in the U.S., is now aiming to carve out a niche for itself as the voice control platform for home entertainment.
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  —  - The U.S. government failed to approve a multimillion-dollar merger between MoneyGram and Ant Financial, an affiliate of Alibaba.
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

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

Alex Weprin / The Hollywood Reporter:
As Democrats take the House and the Senate, David Ellison and other media executives are likely to face inquiries and hearings over their deals and Trump ties

Matthew Keys / TheDesk.net:
Sinclair raises guidance with Q3 political ad revenue of $136M, up 55% from Q3 2022, net income of $43M vs. a $1M loss in Q3 2025, revenue up 16% YoY to $893M

More News

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

Earlier Picks

Brian Heater / TechCrunch:
Apple buys buddybuild, an app development service with about 40 employees based in Vancouver, and will roll its product into Xcode
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