Techmeme
January 5, 2018, 3:15 AM

Top News

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.
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 …
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.
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 …
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.
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.
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
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.
Steve Dent / Engadget:
TiVo's new cloud-based service lets TV providers add recommendations, voice control, more to set-top boxes; the service supports mobile and streaming devices  —  TiVo has launched its new streaming service that promises big things for both consumers and cable or streaming operators.
Ingrid Lunden / TechCrunch:
Instagram confirms it's testing a feature that allows cross-posting of Stories to WhatsApp as a Status  —  Last October, Facebook extended the usage (and flexibility) of Instagram Stories — the Snapchat-like feature that lets you patch together photos and videos into a slide show …

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