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Techmeme
January 18, 2018, 11:45 AM
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Top News

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
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 …
Horace Dediu / Asymco:
A comprehensive look at Apple's cash reserves, how it uses them, and why it is repatriating its foreign cash to US and paying $38B, or ~15% tax on it  —  - How much cash does Apple have?  —  To the nearest million, as of the end of September 2017, Apple's cash and investments totaled $268,895,000,000.
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
Mariella Moon / Engadget:
Intel admits Spectre and Meltdown patches also affect newer Skylake and Kaby Lake chips, with performance impact between 2% and 25%, promises fix next week  —  Intel has revealed that even its newer CPUs are affected by the frequent reboot problems brought about by the Spectre/Meltdown patches.
Bloomberg:
A behind the scenes look at Travis Kalanick's fall at Uber: from Susan Fowler's blog post and Waymo's lawsuit to the fight with Benchmark Capital's Bill Gurley  —  Silicon Valley CEOs are supposed to be sacrosanct.  So how did it all go wrong at Uber?  —  A year ago, before the investor lawsuits …
Todd Bishop / GeekWire:
Amazon narrows HQ2 search to 20 cities from 238 proposals, 19 in the US and Toronto in Canada, and says it expects to make a decision in 2018  —  Amazon has selected 20 cities to move to the next phase in its HQ2 selection process, the latest twist in an unprecedented headquarters search that has turned into a national curiosity.
Benjamin Mayo / 9to5Mac:
Tim Cook says users will be able to turn off battery management feature that reduces iPhone performance in future iOS update  —  Apple had already said that a future iOS update will give users more insight into the state of their battery.  In an interview with ABC News …
Dean Takahashi / VentureBeat:
Microsoft promotes Minecraft boss Matt Booty to corporate VP of Microsoft Studios to oversee game development and publishing for console, PC, and mobile  —  Microsoft has promoted Matt Booty, a leader in the Minecraft games business, as corporate vice president of Microsoft Studios …
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).
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 …

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From Mediagazer

Isabella Simonetti / Wall Street Journal:
Sources: Vanity Fair and Olivia Nuzzi have agreed to part ways following new allegations about her affair with RFK Jr. and her behavior while reporting on him

Alexandra Steigrad / New York Post:
Sources: Forbes has cut ties with dozens of contributing writers; one exec said Forbes needs to ensure the contributor model is “financially sound”

Liam Scott / Columbia Journalism Review:
A look at the First Amendment Watch's SLAPP Back Initiative, a US SLAPP tracker; in 2024, 69 of 500 cases involved the media, of which 46 were dismissed

More News

Mix / The Next Web:
How Bitconnect, once worth $2.6B+, got so big via promises of daily 1% returns, multi-level marketing schemes, and spamming Google via its own “news” blog posts

Earlier Picks

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”
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
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