Techmeme
January 3, 2018, 2:45 PM

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 …
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.
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?
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.
Ron Miller / TechCrunch:
Rubikloud, which builds SaaS products to help retailers modernize, raises $37M Series B led by Intel Capital  —  The retail industry is one that's rife for disruption by technology.  Under intense pressure from giants like Amazon and Walmart, retailers are often stuck using legacy systems …
More: BetaKit and PE Hub Blog

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iFixit:
Brian Heater / TechCrunch: