Techmeme
January 17, 2018, 8:25 PM

Top News

Apple:
Apple says it plans a $350B “direct contribution” to US economy over next five years through repatriating overseas profits, new infrastructure projects, more  —  $350 Billion Contribution to US Economy Over Next Five Years  —  Cupertino, California — Apple today announced …
Anita Balakrishnan / CNBC:
Apple says it expects to make tax repatriation payments of ~$38B and plans to open new US campus later this year that will initially house customer tech support  —  Apple has previously pledged to invest more in U.S. manufacturing, telling CNBC's “Mad Money” that it would invest $1 billion fund …
Mark Gurman / Bloomberg:
Sources: Apple will issue each employee below director level a $2.5K bonus in restricted stock grants, following passage of tax overhaul, over coming months  —  Company giving bonuses to most global employees in stock units  —  Bonus program follows Apple pledge to increase U.S. spending
Frederic Lardinois / TechCrunch:
Google's Project Fi now caps data bills at $60, entering the crowded market of “unlimited data” plans, will throttle speeds at 15GB  —  Google's Project Fi cell service never played the “unlimited data” game that most carriers in the U.S. like to play (and which is never truly unlimited).
Sarah Perez / TechCrunch:
Google to make page speed a factor in mobile search ranking starting in July, says change will only affect pages that “deliver the slowest experience to users”  —  Google today announced a significant change in how it ranks websites for mobile searches: it will now take page speed …
Fitz Tepper / TechCrunch:
Bitconnect, which promised ~1% a day return on invested funds, shuts down its platform; value of BCC token plummets, making user investments nearly worthless  —  Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it's shutting down.
Frederic Lardinois / TechCrunch:
Google launches Cloud AutoML, a service to build image recognition and other custom AI models for developers, including those with no ML expertise  —  Google today announced the alpha launch of AutoML Vision, a new service that helps developers — including those with no machine learning …
Casey Newton / The Verge:
Facebook begins testing Watch Party, a new feature for groups that lets members watch videos simultaneously while continuing to comment and interact  —  A new feature for groups  —  Facebook today began testing Watch Party, a new feature available to groups that lets members watch videos …
Russell Brandom / The Verge:
Researchers find that COMPAS algorithm, used to determine if a defendant will reoffend, is no better than average person's guess; developer disputes findings  —  Our most sophisticated crime-predicting algorithms may not be as good as we thought.  A study published today in Science Advances takes …
Shona Ghosh / Business Insider:
Facebook says it will open a standalone investigation into potential Russian meddling in UK's EU referendum on its platform, after pressure from UK politicians  —  - Facebook will investigate whether Russian groups bought ads on its platform to influence the outcome of the UK's vote to leave the EU in 2016.
Greg Ip / Wall Street Journal:
Examining the arguments for antitrust regulation against Apple, Facebook, Google, and Amazon suggests they are safe for now, but history shows that could change  —  A few technology giants dominate their worlds just as Standard Oil and AT&T once did.  Should they be broken up?
Brian Boucher / artnet News:
Google's Arts & Culture app becomes the number one free app on the iOS App Store after its face-matching feature that was added in December goes viral  —  The search behemoth's app was all the rage on social media this weekend.  —  Googling yourself took on a whole new meaning this weekend.
Liana B. Baker / Reuters:
Thomas Siebel's big data analysis startup C3 IoT raises $100M from TPG Growth, following a $70M Series D in September 2016; C3 was valued at $1.4B in March 2017  —  SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel …

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