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February 7, 2018, 1:40 PM
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memeorandum
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| Wall Street Journal: |
Sources: Goldman Sachs is in talks with Apple to offer financing to Apple gadget shoppers, using its retail point-of-sale financing arm Marcus — Wall Street firm would lend to shoppers buying expensive Apple gadgets — As Apple Inc.'s AAPL 4.18% investment bank, Goldman Sachs GS 3.85% Group Inc … | Abner Li / 9to5Google: |
Report: Google is developing a subscription game streaming service codenamed Yeti that could either work with Chromecast or a Google-made console — Besides Android apps and the Play Store, Google's current gaming efforts are particularly centered around video livestreams on YouTube and Daydream VR.| Wall Street Journal: |
Snapchat is launching a tool to let TV networks pipe snippets of live broadcasts directly into the app, starting this Saturday with NBC's Olympics coverage — Deal could forge closer ties between traditional TV networks and Snapchat's parent company Snap Inc. — Georgia Wells and Benjamin Mullin
More:
Digital Trends, TechCrunch, 9to5Google, New York Times, AppAdvice.com, Recode, TechCrunch, ZDNet, TheStreet, GeekWire, Forbes, CNET, CNBC, Snap Investor Relations, and Bloomberg
Tweets: @kerrymflynn, @cnbcnow, @kantrowitz, @alexeheath, @alexeheath, and @lexnfx
| Andrew J. Hawkins / The Verge: |
Data from over 1.8M Uber drivers shows women earn $1.24/hour and $130/week less than men on average, in part because they drive slower and for fewer hours — Women drive slower than men, and for fewer hours — Men who drive for Uber earn roughly 7 percent more per hour than women …
More:
Uber Under the Hood, CNET, Recode, Freakonomics, The Register, MIT Technology Review, The Next Web, Slashdot, The Memo, Bloomberg, and Fortune
Tweets: @chsommers and @freakonomics
| Frederic Lardinois / TechCrunch: |
Google Drive adds ability to comment on Office files, PDFs, and images in preview pane without having to convert them to Google formats — Google is launching an update to Google Drive today that will make it easier for teams and agencies to use a mix of G Suite and Microsoft Office while working with their colleagues and customers.
More:
G Suite Updates Blog, BetaNews, Thurrott.com, 9to5Google, ZDNet, Engadget, The Verge, and SiliconANGLE
| Olivia Zaleski / Bloomberg: |
Inside the battle among Airbnb investors and execs over whether to remain private or IPO; sources say founders and early employees cashed in ~$350M of equity — Investors and executives disagreed over when to take the home-rental company public. The stay-private crowd is winning.
More:
VentureBeat, Skift, and Business Insider
Tweets: @jasonlk, @tomgara, @klendathucap, @sonyaellenmann, @jyarow, and @mims
| Craig Silverman / BuzzFeed: |
Russian trolls posed as black activists on Tumblr and generated hundreds of thousands of interactions with anti-Hillary Clinton, pro-Bernie Sanders content — Tumblrs run by Russian trolls generated hundreds of thousands of interactions with anti-Hillary Clinton, pro-Bernie Sanders content.
More:
TechCrunch, Engadget, Business Insider, and BBC
Tweets: @jstrauss, @slpng_giants, @emilybell, @micahgrimes, and @kylegriffin1
| Theodore Schleifer / Recode: |
SoftBank's technology funds, the $100B Vision Fund and $6B Delta Fund, have already invested ~$40B of their $106B target; Vision Fund has invested in 26 firms — They said it couldn't be done. — Longtime Silicon Valley hands are still aghast that an investing firm can find …
More:
TechCrunch, SoftBank Group, Crunchbase News, and Yourstory
Tweets: @teddyschleifer and @hkanji
| Joe Rossignol / MacRumors: |
Microsoft updates its Cortana app for iOS with native iPad support, two years after releasing it for iPhone — Microsoft today updated its Cortana app for iOS with native iPad support. The design looks essentially the same as the iPhone version, but with an interface optimized … | Zack Whittaker / ZDNet: |
US DoJ charges 36 people tied to seven-year cyber-fraud ring that secured $530M+ from selling stolen identities, more; 13 arrested in total with five in the US — Prosecutors said the case is “one of the largest cyber-fraud prosecutions” ever carried out by the Justice Department.
More:
Bloomberg, BBC, Reuters, U.S. Department of Justice, and Associated Press
Tweets: @nicoleperlroth, @howelloneill, and @howelloneill
| Joe Rossignol / MacRumors: |
Apple says a “processing error” meant ad spend and install data for Search Ad Basic users was sent to the wrong developers — Apple today apologized after sending incorrect information to some iOS developers using its Search Ads Basic service yesterday.
More:
TechCrunch, Cult of Mac, and TechCrunch
Tweets: @louisdhauwe, @_patmurray, and @stroughtonsmith
| Peter Kafka / Recode: |
Streaming service ESPN Plus launching next month at $4.99/mo; sources say it won't have ESPN cable channels' content, which still requires ESPN subscription — How much would you pay for sports you weren't watching on TV? — Want to pay for a subscription to ESPN without paying for a subscription to other cable channels?
More:
TechCrunch, Digital Trends, CNBC, Pocket-lint, TechSpot, 9to5Mac, The Verge, Variety, Mashable, Axios, CNBC, Engadget, and Droid Life
Tweets: @soccermarketing and @xpangler
| Chris O'Brien / VentureBeat: |
Social network Gab, popular with the far-right, says it raised $4.8M from 1,000+ investors on crowdfunding platform StartEngine and plans $10M ICO — Amid ongoing disputes about free speech and hate speech, “alternative” social network Gab says it has raised $4.8 million and is planning a $10 million initial coin offering (ICO).| Paul Sawers / VentureBeat: |
New York-based Mirror raises $13M from Spark Capital and others for building an at-home mirror-like device that can stream live or on-demand fitness classes — The health club industry generates around $83 billion in revenue globally each year, according to figures from the International Health …
More:
TechCrunch, NewsCenter.io, Business Wire, StartupWorld, New York Business Journal, Inc.com, FinSMEs, and PE Hub Blog. Tweets: @seamlessiot
| Motherboard: |
Pornhub says it's banning AI-generated fake porn videos because they're “nonconsensual”, yet such “deepfake” videos are still available via site search results — In its search of a platform that will host fake porn videos of celebrities created with a machine learning algorithm …
More:
Motherboard, The Guardian, Engadget, Inquirer, The Verge, TechSpot, Firstpost, International Business Times, Gizmodo, The Next Web, and Mashable
Tweets: @miltonjfigueroa, @digiphile, @rachel_pick, and @annemariebridy
| Natasha Lomas / TechCrunch: |
UK government announces labor market reforms to aid gig economy workers, including ensuring holiday and sick pay and raising fines for employer mistreatment — The UK government has announced a package of labor market reforms to respond to changes in working patterns including those driven …
More:
BBC, The Guardian, Engadget, CNET, The Independent, Financial Times, The Independent, Reuters, Sky News, The Guardian, and HuffPost UK
| BitMEX Blog: |
BitMEX Research looks at the history of Ripple, its company disputes, and says the technology behind its distributed consensus system is essentially centralized — Abstract: In this piece, we briefly look over the history of Ripple and examine various disputes between the founders and partner companies … | Jack Nicas / Wall Street Journal: |
YouTube's recommendations engine, which drives 70%+ of its viewing time, often suggests conspiracy channels and more, even to users who don't seek them out — Google's video site often recommends divisive or misleading material, despite recent changes designed to fix the problem
Tweets: @jacknicas, @max_read, @buzzfeedben, @jacknicas, @prisonplanet, @jacknicas, @bradnews, @jacknicas, and @jacknicas
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