Techmeme
June 11, 2018, 7:45 AM

Top News

Lucas Matney / TechCrunch:
Microsoft Studios creates a new venture The Initiative and buys game studios Undead Labs, Playground Games, Ninja Theory, and Compulsion Games  —  Microsoft kept the gaming announcements coming at its Xbox E3 press conference where it announced a series of four studio acquisitions meant …
Tom Warren / The Verge:
Microsoft gaming chief Phil Spencer says the company is building a game streaming network “to unlock console-quality gaming on any device”  —  Microsoft has been teasing it's working on game streaming from the cloud recently, but today at E3 the company made it official.
Bloomberg:
Jon Russell / TechCrunch:
Xiaomi reports a net profit of $162M excluding one-off items on revenue of ~$5.37B in Q1, as it publishes its first prospectus for sale of CDRs in Shanghai  —  A month after it filed for a much-anticipated Hong Kong IPO, Xiaomi has revealed a little more financial information …
Mishaal Rahman / XDA Developers:
Leaked photos of Google Pixel 3 XL show glass back and display notch, dual front-facing camera sensors, single rear camera, 4GB of RAM, Snapdragon 845 SoC  —  Late last night, XDA Senior Member meraz9000 blindsided us with real-life pictures of a Google Pixel 3 XL prototype.
Rick Rojas / New York Times:
Newark opens high-quality feeds from city's surveillance cameras to the public, asks to report suspicious activity; some fear it may help stalkers and burglars  —  Surveillance cameras monitored by the police have become a ubiquitous presence in many cities.  In Newark, anyone with internet access is allowed to watch.
Matt Reynolds / WIRED UK:
UK-based digital bank Monzo launches an integration with IFTTT, letting users connect their account with hundreds of apps and services  —  Monzo has launched an integration with If This Then That, letting people connect their bank accounts to hundreds of apps and services
Jonathan Shieber / TechCrunch:
Berlin-based insurance startup Coya, backed by Peter Thiel's Valar Ventures, raises $30M Series A for a license in Germany that will open the whole EU market  —  Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry.

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Earlier Picks

Ian Sherr / CNET:
Gethin Chamberlain / The Guardian: