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Techmeme
January 5, 2018, 11:45 AM
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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.
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 …
Peter Kafka / Recode:
Spotify's Chief Content Officer Stefan Blom is leaving ahead of its IPO; the company hasn't named a successor yet  —  Stefan Blom's departure may raise questions.  —  Spotify's top content executive is leaving, just ahead of the streaming music company's planned public offering.
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.
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:
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
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
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 …
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.

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This is a Techmeme archive page. It shows how the site appeared at 11:45 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.

From Mediagazer

Bloomberg:
Sources: WBD begins exclusive talks with Netflix to sell its film and TV studios and HBO Max; Netflix is offering a $5B breakup fee if the deal isn't approved

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

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
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
Juli Clover / MacRumors:
Spotify says it has 70M paying subscribers, up from 60M in late July 2017, as the company prepares for an IPO

Earlier Picks

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
Tom Warren / The Verge:
Johnson Controls unveils $319 Cortana-powered thermostat called GLAS, which runs Windows 10 IoT Core; available now for preorder, ships in March
Pranav Dixit / BuzzFeed:
Reports suggest India's Aadhaar national ID database was breached, exposing information of ~1.2B Indians and allowing creation of admin accounts by other admins
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