Techmeme
January 31, 2018, 8:25 AM

Top News

Saheli Roy Choudhury / CNBC:
Samsung posts record Q4 profit of $14.15B driven by chip sales, while its mobile business saw a 3.2% YoY profit decline to ~$2.25B  —  - Samsung Electronics recorded an operating profit of about $14.15 billion for the December quarter — in line with guidance.
Jon Russell / TechCrunch:
Samsung confirms it is manufacturing ASIC chips, which are used to mine cryptocurrencies; the ASIC industry is dominated by China's Bitmain and Canaan Creative  —  Fresh from toppling Intel as the planet's biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips …
Kurt Wagner / Recode:
Facebook says it's banning all ads for cryptocurrencies, ICOs, and binary options to avoid “misleading or deceptive promotional practices”  —  It's an “intentionally broad” policy aimed at stopping scammers.  —  Facebook is banning all ads that promote cryptocurrencies …
Red Hat:
Red Hat to acquire Kubernetes and containers startup, CoreOS, for $250M  —  With CoreOS, Red Hat doubles down on technology to help customers build, run and manage containerized applications in hybrid and multicloud environments  —  Red Hat, Inc. (NYSE: RHT), the world's leading provider …
Bloomberg:
Sources: US DoJ and SEC are investigating whether Apple violated securities laws concerning its disclosures about update that slowed iPhones with old batteries  —  The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc. violated securities laws concerning …
Pavel Alpeyev / Bloomberg:
Line Corp., creator of Japan's biggest messaging app, is expanding into cryptocurrency trading, insurance, and other financial services  —  Japan's biggest messenger creates a financial holdings company  —  Line applied for cryptocurrency exchange license in Japan
Emil Protalinski / VentureBeat:
Google says it removed 700,000+ apps from the Play Store last year for policy violations, up 70% YoY, credits new machine learning techniques for the increase  —  Google today shared details of Google Play's efforts to protect Android users with its teams of engineers, policy experts …
Sarah Perez / TechCrunch:
Amazon rolls out SMS messaging feature for Alexa devices that lets users send text messages via voice, currently only available to Android users in US  —  Amazon announced today it's launching a new messaging feature for Alexa devices in the U.S. that will allow you to send texts - yes …
Becky Peterson / Business Insider:
Dustin Moskovitz's productivity startup Asana raises $75M Series D led by Al Gore's Generation Investment Management; sources say at a $900M valuation  —  - The collaboration and productivity application company Asana raised $75 million in a series D, the company announced Tuesday.
Matthew Leising / Bloomberg:
Source: US regulators subpoenaed Bitfinex and subsidiary Tether amid doubts that Tether's USDT, which the firm says is pegged to USD, has sufficient reserves  —  Firms say they routinely get ‘legal process’ from regulators  —  Tether has yet to verify that it holds $2.3 billion in reserve
Kyle Stock / Bloomberg:
Nuro exits stealth after unveiling an autonomous delivery vehicle prototype, has raised $92M from investors including Banyan Capital and Greylock Partners  —  A secretive startup has unveiled its new grocery-getter, one of many automakers that are leaving people out of the equation.
Jeff Teper / Microsoft Tech Community:
Microsoft updates iOS Office apps with real-time co-authoring, iPad drag and drop support, universal link support, and OneDrive support for the iOS Files app  —  Today's post was written by Jeff Teper, corporate vice president for OneDrive, SharePoint and Office.
Bloomberg:
Fujifilm buys control of Xerox to form an $18B company, marking an end to the iconic American giant's independence  —  Joint venture to eliminate 10,000 jobs globally in revamp  —  Deal will end independence of U.S. firm formed in early 1900s  —  Fujifilm Holdings Corp. is buying control …
Blair Hanley Frank / VentureBeat:
Astound announces $11.5M Series A and launches out of stealth to help large enterprises automate employee service requests using AI  —  EXCLUSIVE:  —  A new startup called Astound emerged from stealth today with a big vision: to cut down on service requests using artificial intelligence to drive automation.
Josh Constine / TechCrunch:
Snap debuts new styles for its Bitmoji called Bitmoji Deluxe, now offers 40 skin tones, up from 25, twice as many hair colors, and 50 hair treatment options  —  Now you can customize your Snapchat Bitmoji avatar with 40 skin tones, 50 hair colors, 50 hair treatment options and more so it looks …
Chris Welch / The Verge:
Webpass, the wireless home broadband company Google Fiber acquired in 2016, is exiting the Boston market, one of eight cities it served  —  Google Fiber isn't just stalling; now it's shrinking  —  Webpass, the wireless home broadband company that Google Fiber acquired in 2016, is exiting the Boston market.
More: 9to5Google

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Theodore Schleifer / Recode:
Jeff Cox / CNBC: