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Techmeme
January 5, 2018, 3:00 PM
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Top News

Theodore Schleifer / Recode:
Sources: Benchmark Capital will sell $900M worth of Uber shares, or 14.5% of its stake, to SoftBank-led consortium; Benchmark tried to sell about 25%  —  The firm at the center of the Uber power struggle tried to part with 25 percent of its shares.  —  Benchmark Capital will end up selling …
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 …
TechCrunch:
Sources: GoPro is cutting 200-300 jobs, largely impacting its Karma drone division  —  GoPro is in the process of laying off around 200-300 employees this week, TechCrunch has learned from sources close to the company.  The hits to the company were largely concentrated in its aerial division …
Daniel Cooper / Engadget:
What to expect at CES 2018: from energy efficient laptops, high-end TVs, and self-driving car tech to AR/VR gaming, robots, and smart home tech  —  It's January, which means that Las Vegas, or the bit that pretends not to be Las Vegas for tax reasons, will play host to CES.
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:
FCC releases final text of the order overturning net neutrality and statements from Pai, O'Rielly and Carr in support and Rosenworcel and Clyburn in opposition
Tony Romm / Recode:
Sources: FCC Chairman Ajit Pai canceled his scheduled appearance at CES after receiving death threats
Sarah Perez / TechCrunch:
Sensor Tower: Apple's App Store revenue was $38.5B in 2017, up 34.7% YoY, while Google Play's revenue was $20.1B, up 34.2% YoY  —  Global app revenue climbed 35 percent in 2017 to reach nearly $60 billion, according to a new report today from app intelligence firm Sensor Tower …
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
Christina Farr / CNBC:
Fitbit invests $6M in Sano, a company that makes a coin-sized patch to track blood sugar; this is Fitbit's first startup investment  —  - Fitbit invested $6 million into Sano, a company with a patch for tracking people's blood sugar.  It's Fitbit's first start-up investment.
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:00 PM 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.

From Mediagazer

Daniel Arkin / NBC News:
Gene Shalit, a longtime film critic for NBC's Today who was with the show from 1970 until his retirement in 2010, dies at 100

Gary Baum / The Hollywood Reporter:
A look at the first “case” brought before Objection, which aims to use AI to evaluate news stories, and a Q&A with Objection's founder; the site is now dark

Erica Ryan / Reporters' Lab:
Duke Reporters' Lab reports a global drop in fact-checking projects from 464 in 2024 to 441 in 2025; US projects fell from 65 in 2024 to 61 in 2025

More News

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

Earlier Picks

Will Oremus / Slate:
Calls for Twitter to ban President Trump are misguided and counterproductive; the biggest threat posed by @realDonaldTrump is to Trump's own presidency
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
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
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