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Techmeme
March 2, 2018, 6:15 PM
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Top News

Alex Heath / Cheddar:
Sources: 2nd generation Snap Spectacles to ship in Q3 with improved performance; 3rd gen planned for 2019 with two cameras for 3D-like depth effects in videos  —  Snap Inc. plans to launch a second version of its Spectacles glasses this year followed by a more ambitious third version equipped …
Wall Street Journal:
Former recruiter sues Google, says YouTube set minority hiring quotas, stopped hiring white and Asian males last year for tech jobs, fired him for complaining  —  A former employee alleges tech firm set quotas for hiring minorities  —  YouTube last year stopped hiring white and Asian males …
John McCrank / Reuters:
Equifax expects $275M in 2018 costs from the data breach, says 2.4M additional customers were affected by 2017 cyber attack  —  NEW YORK (Reuters) - Equifax Inc (EFX.N) said on Friday it expects $275 million in costs in 2018 related to the credit reporting company's massive data breach last year …
Deepa Seetharaman / Wall Street Journal:
Sources: Facebook's security team issued memo about Russian interference in Dec. 2016; firm's disclosures complicated by concerns about image, Mueller gag order  —  Social-media giant played down allegations Russia exploited its platform, deepening perceptions it is oblivious to public concern about its social impact
Josh Constine / TechCrunch:
Instagram may be preparing to launch audio and video calling within its direct messaging system according to files and icons buried in its APK  —  Instagram wants to be your phone, not just your camera.  And it wants to be better at it than Snapchat.  Files buried in Instagram …
Ingrid Lunden / TechCrunch:
Rovio misses on Q4 revenue of €73.9M vs €77.33M estimated and announces closure of a year-old London office, departure of head of games unit; stock down 9%+  —  Gaming and entertainment company Rovio continues to have a very hard time of it as it faces the music on the waning popularity …
Evelyn Cheng / CNBC:
Michael Arrington says his $100M crypto fund received SEC subpoena, and every crypto fund he talked to also did; source: SEC subpoenaed ~80 firms in ICOs probe  —  - “We received a subpoena.  Every [crypto]fund I've talked to has received one," said Michael Arrington, TechCrunch founder …
TechCrunch:
Sources: UiPath raises ~$120M Series B at $1B+ valuation for enterprise back-office automation bots; UiPath raised $30M at estimated $109M valuation in April  —  The initial hype around bots — applications that run partly or entirely using natural language processing, machine learning …
Robert Hackett / Fortune:
Garrett Camp proposes Eco, a cryptocurrency that would run on verified nodes at universities and research institutes and have collective mining incentives  —  In November, Garrett Camp had just returned from his first trip to Africa—an “eye-opening” experience, he said …

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
Comcast plans to spin off its media and entertainment assets, including NBCUniversal and Sky, into a new publicly traded entity, set to close by mid-2027

Madeline Halpert / BBC:
Film director Carl Erik Rinsch, who was convicted last year of defrauding Netflix of $11M, is sentenced to two and a half years in prison

Rebecca Rubin / Variety:
Industry sources estimate Supergirl could lose $100M to $120M during its theatrical run after a $37.1M domestic and $62.6M worldwide opening weekend, below est.

More News

Deutsche Welle:
Germany says hackers infiltrated government computers; sources point to Russian group APT28, say malware could have been in the system for up to a year
Lily Hay Newman / Wired:
GitHub hit with the largest ever DDoS attack of 1.35Tbps on Feb. 28; attacker abused publicly accessible memcached instances, taking the site down for 6+ mins

Earlier Picks

Dan Thorp-Lancaster / Windows Central:
Microsoft launches Soundscape as a free iPhone app in US and UK that uses 3D audio to help the visually impaired locate points of interest
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