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June 11, 2018, 9:25 AM
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| 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 …
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Microsoft, Digital Trends, VentureBeat, Engadget, Firstpost, The Daily Caller, Investor's Business Daily, Bloomberg, CNET, VentureBeat, YouTube, Polygon, GeekWire, MSPoweruser, Windows Central, IGN, Ars Technica, This Is Xbox, The Verge, and PC Gamer
Tweets: @aapltree, @aarongreenberg, @martinsfp, @xbox, @xbox, @geekwire, @jason_wilson, @weareplayground, @tomwarren, and @daniel_rubino
| 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.
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BGR, Engadget, TechSpot, CNET, SiliconANGLE, VentureBeat, Peter O'Kelly's Reality Check, Windows Central, Polygon, and PC Gamer
Tweets: @ludwigk and @tomwarren
| Li Yuan / New York Times: |
The near-collapse of ZTE may prompt China's Sputnik moment, when it gets serious about developing its own advanced chip capabilities — HONG KONG — Once derided as a technology backwater and copycat, China is justifiably proud of its technology boom. Its people zip around the country on high-speed trains.
Tweets: @pekingmike, @liyuan6, and @jonrussell
| 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 … | Tony Romm / Washington Post: |
Interview with FCC chairman Ajit Pai, who says FTC will weed out anti-competitive conduct moving forward, on the eve of the end of US' net neutrality rules — Two pivotal developments this week could dramatically expand the power and footprint of major telecom companies …
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CNET, New York Times, Slate, MIT Technology Review, and Bloomberg
| Fred Lambert / Electrek: |
Elon Musk tweets that a major update to the Tesla Autopilot software slated for August will “begin to enable full self-driving features” — Tesla's next major software update ‘version 9.’ is now set for a release in August and it will include the first 'full self-driving features … | Bloomberg: |
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National Transportation …, ZDNet, EE Times, Toronto Star, CNNMoney, CleanTechnica, Consumer Reports, NPR, and CBS San Francisco
Tweets: @meharris, @junkoyoshida, and @danahull
| Nathaniel Popper / New York Times: |
Profile of Susquehanna, one of the first major Wall Street institutional investors to create a Bitcoin trading desk, as it looks to expand to more crypto assets — SAN FRANCISCO — While a number of large financial institutions have discussed trading Bitcoin, one firm has already begun doing it.| Ilyse Liffreing / Digiday: |
Direct-to-consumer brands lower their Facebook ad spend and turn to radio, print, and Instagram as competition for space has made Facebook ads too expensive — Four years ago, when Rich Fulop founded Brooklinen, the direct-to-consumer luxury bedding startup, the customer acquisition strategy …
Tweets: @ross_sergeant and @jeremysliew
| Ingrid Lunden / TechCrunch: |
Cloud HR software firm Workday acquires Adaptive Insights, a provider of cloud-based business planning and financial modeling tools, for $1.55B — Workday, the cloud-based platform that offers HR and other back-office apps for businesses, is making an acquisition to expand its portfolio of services …
More:
ZDNet, MarketWatch, and StreetInsider.com
| Steven Levy / Wired: |
A profile of Palmer Luckey's Anduril Industries, which is pitching its VR-based surveillance tech to DHS as a complement to Trump's border wall with Mexico — WE'RE STANDING ON the edge of a cliff on a remote Texas ranch, a long patch of rocky desert stretching out below to the verdant banks … | Robert Hackett / Fortune: |
Researchers demonstrate how Siri's suggestions can be used for phishing by tricking users into thinking they received a message or call from someone they know — A month ago I was milling about a hotel room in New Orleans, procrastinating my prep for on-stage sessions at a tech conference, when I received a startling iMessage.| 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 servicesSponsor Posts
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