Techmeme
January 25, 2018, 6:35 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple is working on a redesigned Books reading app that includes a Reading Now section, dedicated tab for audio books, and redesigned store  —  Company working on new digital book reader for iPhones, iPads  —  iPhone maker hires former Amazon, Barnes & Noble exec for unit
Steven Perlberg / BuzzFeed:
CNN is closing Beme and Casey Neistat is leaving following 2016 buyout, which sources say valued it at $20M+; CNN will continue to develop some of its products  —  CNN acquired Beme in late 2016 with hopes that it would become a major piece of its digital business.  Now Neistat's leaving the company.
Amir Efrati / The Information:
Lyft investigating whether staff abused access to customer data after online post claims workers tracked ex-partners, pulled info of celebs including Zuckerberg  —  Lyft is investigating whether employees abused access to its customers' data, a spokeswoman said on Thursday …
Alex Webb / Bloomberg:
California DMV says Apple has expanded its self-driving test fleet to 27 vehicles, up from three in April 2017  —  Company received first permit from California DMV in April  —  CEO Tim Cook has said Apple is focusing on autonomous systems  —  Apple Inc. has expanded …
Josh Constine / TechCrunch:
Zero-fee stock trading app Robinhood says it will let users trade bitcoin and ether starting in February using its Robinhood Crypto platform  —  No-commission stock trading app Robinhood will let you buy and sell Bitcoin and Ethereum without any added transaction fees starting in February …
James Vincent / The Verge:
Twitter says it's now using machine learning to identify the most salient part of an image and crop picture previews accordingly  —  The machine knows what you want to look at  —  The lure of machine learning isn't always about big new features; often, what it does best are small tweaks that subtly improve user experience.
Ted Greenwald / Wall Street Journal:
Intel reports Q4 revenue of $17.05B, up 4% YoY, vs. $16.34B analyst expectations, net loss of $687M after $5.4B expense due to recent tax overhaul; stock up ~4%  —  Books a $5.4 billion charge after recent changes in U.S. tax law  —  Intel Corp. INTC -.46% said it had record fourth-quarter revenue …
Selina Wang / Bloomberg:
Sources: Twitter is working on a Snapchat-style tool to more easily share videos and photos, but its design and launch aren't yet finalized  —  Social network is experimenting with new products to woo users  —  Company seeks to streamline process of posting photos, videos
David McCabe / Axios:
San Jose Mayor quits FCC advisory committee on broadband deployment, alleging that it was dealing ISPs “a very favorable hand” of policy recommendations  —  San Jose Mayor Sam Liccardo resigned today from a panel that advises the Federal Communications Commission on broadband deployment …
Reuters:
Investigation finds Pentagon, NASA, FBI, State Dept., other agencies used HP, SAP, Symantec, McAfee software that underwent code reviews by Russian government  —  WASHINGTON/MOSCOW (Reuters) - Major global technology providers SAP (SAPG.DE), Symantec (SYMC.O) and McAfee have allowed Russian authorities …
More: CNET and Axios
Jon Krafcik / The Keyword:
Google now lets users mute ads that remind them to revisit sites to make a purchase, expands muting to work across devices and on more partner apps and sites  —  In 2012, we introduced “Mute This Ad” to enable you to block an ad that you don't want to see.  The momentum we've seen with this tool is really encouraging.
Emil Protalinski / VentureBeat:
Jon Russell / TechCrunch:
LG's mobile division cuts its losses in Q4 2017 to $192.33M, down from $331.37M in Q3, with total sales of $2.77B in Q4 and $10.52B in 2017  —  LG's smartphone business still continues to lose money at an alarming rate.  —  The Korean firm cut its losses in its Q4 2017 financial period …
Samantha Cole / Motherboard:
The rise of AI-assisted tools like FakeApp have made it easy for users with no technical background to create convincing face-swap porn videos  —  In December, Motherboard discovered a redditor named ‘deepfakes’ quietly enjoying his hobby: Face-swapping celebrity faces onto porn performers' bodies.
Ben Smith / BuzzFeed:
Uber CEO Dara Khosrowshahi says leaks were painful for Uber but “started a real cultural change” that was ultimately “incredibly positive”  —  Uber CEO Dara Khosrowshahi has been converted to a pretty radical theory of management and transparency …

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eero:
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