Techmeme
January 5, 2018, 6:10 AM

Top News

Billboard:
Sources: Jimmy Iovine to leave Apple Music in August, a time believed to coincide with the full vesting of his Apple stock  —  His planned departure is likely timed to his shares fully vesting, sources tell Billboard.  —  Look for Jimmy Iovine to leave Apple Music in August.
Jeremy Horwitz / VentureBeat:
Intel begins issuing patches to combat Spectre and Meltdown flaws, with plans to release updates for 90% of chips from past five years this week  —  Following up on yesterday's confirmation that security exploits can compromise computers with Intel processors, Intel today announced a timetable …
Ina Fried / Axios:
Apple says all Mac, iOS devices affected by Meltdown and Spectre; Meltdown defense added in iOS 11.2, macOS 10.13.2; Spectre patch for Safari coming within days  —  After more than a day of silence, Apple confirmed Thursday that the Mac, iPhone and iPad are all affected by the recently disclosed massive chip vulnerability.
Tony Romm / Recode:
Sources: FCC Chairman Ajit Pai canceled his scheduled appearance at CES after receiving death threats  —  The threats have intensified following an FCC vote to repeal net neutrality rules.  —  Federal Communications Commission Chairman Ajit Pai canceled his scheduled appearance …
Tony Romm / Recode:
Eric Newcomer / Bloomberg:
Sources: Kalanick plans to sell ~29% of his 10% Uber stake, worth about $1.4B, to SoftBank consortium after offering 50%, the maximum allowed for board members  —  Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick, who has long boasted that he's never sold any shares …
Apple:
App Store customers spent $300M worldwide on New Year's Day and spent over $890M in the week starting Dec. 24; developers earned $26.5B in 2017, up 30%+ YoY  —  New Year's Day Sets Record With $300 Million in Purchases  —  Cupertino, California — App Store customers around the world …
Michelle Castillo / CNBC:
Mark Zuckerberg says his 2018 personal challenge will be addressing issues like interference by nation states, abuse, quality of time spent on platform  —  Facebook CEO Mark Zuckerberg's mission in 2018 is to fix Facebook's mounting issues from last year, including state interference and harassment on its platforms.
TechCrunch:
Sources: GoPro is cutting 200-300 jobs, largely impacting its Karma drone division  —  Jan 5, 2018, 1:31 amJan 5, 2018, 3:08 am  —  GoPro is in the process of laying off around 200-300 employees this week, TechCrunch has learned from sources close to the company.
More: Seeking AlphaTweets: @johnmccreaThanks:@mjburnsy
Stephen Shankland / CNET:
Apple quietly joined the Alliance for Open Media, focused on video compression tech, which counts Google, Amazon, Microsoft, and Facebook as members  —  For months, powerful companies including Google, Amazon, Microsoft and Facebook have been working to shrink online video sizes.
Evelyn Cheng / CNBC:
Ripple co-founder Chris Larsen reportedly owns 5.19B XRP tokens and a 17% stake in the company, valued at ~$59.9B after 36,000% increase in XRP value  —  - With Ripple's XRP coin hitting a high of $3.84, the company's co-founder and executive chairman, Chris Larsen, is now worth about $59.9 billion on paper.
Juli Clover / MacRumors:
Spotify says it has 70M paying subscribers, up from 60M in late July 2017, as the company prepares for an IPO  —  Spotify today announced on Twitter that it has hit a new milestone, with the streaming music service reaching a total of 70 million paid subscribers.

Sponsor Posts

Microsoft:
Winning hackathon project now helping millions read and write  —  Teacher Merlyne Graves used to spend hours recording for her students who struggled with reading.  Not any more.
IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
At Zoho Recruit, We Take Workflows very Personnel-ly  —  Here's the thing about workflows.  They are very difficult to understand until you actually start working with them.  —  But, for recruiters …

Listen to Techmeme's Podcast:

Techmeme Ride Home for Friday, June 22 Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:10 AM ET, January 5, 2018.

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

Steve Dent / Engadget:
Will Oremus / Slate:
Ingrid Lunden / TechCrunch:

Earlier Picks

Angelique Chrisafis / The Guardian:
Tom Warren / The Verge:
Pranav Dixit / BuzzFeed: