Techmeme
January 19, 2018, 12:25 PM

Top News

Nat Levy / GeekWire:
Amazon raises monthly Prime subscription fee from $10.99 to $12.99 but keeps the $99 annual membership option unchanged  —  Amazon is increasing the monthly price option for Prime from $10.99 to $12.99 as it continues to expand the reach and benefits of the popular fast-shipping program.
Michael Moritz / Financial Times:
Western tech companies will increasingly need to compete with Chinese counterparts where employees work very long hours and enjoy few perks  —  The declaration by Didi, the Chinese ride-hailing company, that delivery business Meituan's decision to launch a rival service would spark …
Li Yuan / Wall Street Journal:
Young Chinese tech entrepreneurs find Silicon Valley unimpressive on their latest annual trip, say moonshot ideas and long development times don't work in China  —  China's startup founders used to see a pilgrimage to tech's mecca of innovation as a rite.  Now, not so much.
Chris Velazco / Engadget:
OnePlus says up to 40K customers affected in credit card breach between Nov. 2017 and mid-Jan. 2018, offers one year of free credit monitoring to those affected  —  After learning that fraudulent charges were appearing on its customers' credit cards, smartphone maker OnePlus disabled support …
Reuters:
SEC details concerns over crypto investments, demands answers from fund managers on how mutual funds/ETFs will store, safeguard, and price cryptocurrency assets  —  (Reuters) - The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments …
Crispian Balmer / Reuters:
Italy's antitrust agency opens probe into allegations that Apple and Samsung used software updates to slow phones and induce customers to buy newer models  —  ROME (Reuters) - Italy's antitrust body said on Thursday it had opened a probe into allegations that Apple Inc. and Samsung Electronics …
Valentina Palladino / Ars Technica:
Twitch debuts Video Producer that lets creators pre-record, post-produce, rerun videos; brings in four of YouTube's popular gamers to create exclusive content  —  Four of YouTube's most popular gamers will produce “exclusive” Twitch content.  —  The Amazon-owned video site Twitch announced it's introducing …
Alex Heath / Cheddar:
Sources: Snap laid off about 24 people across 8 teams, mostly in the content unit that curates users' videos; some staff were asked to relocate to Los Angeles  —  Snapchat parent Snap Inc. laid off roughly two dozen people across 8 different teams on Thursday, people familiar with the matter told Cheddar.

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More News

Ina Fried / Axios:

Earlier Picks

Ted Greenwald / Wall Street Journal:
Leslie Hook / Financial Times:
Sarah Perez / TechCrunch:
Raphael Satter / Associated Press:
Lucas Shaw / Bloomberg: