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Techmeme
January 18, 2018, 9:35 AM
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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 …
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
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 …
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.
Benjamin Mayo / 9to5Mac:
Tim Cook says you'll be able to turn off battery management that reduces performance of your devices after Apple issues 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 …
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).
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 …
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 …
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
Paul Sawers / VentureBeat:
Apartment rental marketplace Apartment List raises $50M Series C led by Passport Capital  —  Apartment List, A San Francisco-based apartment rental marketplace, has raised $50 million in a series C round of funding led by Passport Capital, with participation from Allen & Company LLC …
More: TechCrunch and Inman.  Thanks:@samanthaspielm1

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From Mediagazer

Daniel Thomas / Financial Times:
Sky agrees to acquire ITV's TV business for £1.6B, uniting the UK's two largest commercial broadcasters; ITV says shareholders will receive £950M from the deal

Alex Ritman / Variety:
AI-focused studio Particle 6 plans a full-length feature film to be led by the AI “actor” Tilly Norwood, as a hybrid production using film and TV professionals

Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits

More News

Earlier Picks

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
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
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