Techmeme
June 13, 2018, 9:20 AM

Top News

Sara Salinas / CNBC:
Judge rules that AT&T can complete its $85B merger with Time Warner, did not impose conditions on the approval  —  - He also urged the government not to seek a stay when issuing his decision in a closed-door room with reporters.  — Shares of Time Warner jumped roughly 5 percent in extended trading.
Bloomberg:
Apple changed App Store rules last week to ban iOS developers from making databases of users' address book info and limit what can be shared with third parties  —  - iPhone maker bans developers building address book databases  — Facebook scandal shows risk of sharing data on users' friends
Gordon Mah Ung / PCWorld:
Intel has confirmed that its first discrete GPUs are coming as soon as 2020 for data center and gaming PCs  —  Intel wants to compete with AMD's Radeon and Nvidia's GeForce products  —  Intel has officially confirmed that its first discrete graphics chip will land as soon as 2020.
Andrew Wong / CNBC:
Toyota says it will invest $1B in Southeast Asian ride-hailing service Grab, and a Toyota executive will be appointed to Grab's board of directors  —  Japan's Toyota Motor will invest $1 billion into Southeast Asian ride-sharing app Grab, the Singapore-based company said Wednesday.
Nathaniel Popper / New York Times:
Researchers say campaign of price manipulation using Tether via Bitfinex may have accounted for at least half of the increase in the price of Bitcoin last year  —  SAN FRANCISCO — A concentrated campaign of price manipulation may have accounted for at least half of the increase in the price …
Emil Protalinski / VentureBeat:
Jon Russell / TechCrunch:
Sweden's Truecaller acquires Indian mobile payments startup Chillr, which had raised $7.5M from Sequoia Capital and Blume Ventures  —  Sweden's Truecaller started out life as a service that screens calls and messages to weed out spammers.  In recent times the company has switched its focus to India …
Frederic Lardinois / TechCrunch:
Google Translate expands offline translation support to 59 languages including Italian, Greek, Norwegian, and Swahili  —  Currently, when the Google Translate apps for iOS and Android has access to the internet, its translations are far superior to those it produces when it's offline.
Erin Griffith / Wired:
Within the crowded crypto industry's deafening hype and bubbly scams, an economy of promoters is thriving, assisting with PR, marketing, moderation, and more  —  IT TOOK ONLY a few months for Sally, an executive assistant living in British Columbia, to become Crypto Sally …
Siobhan Hughes / Wall Street Journal:
Bryan Menegus / Gizmodo:
Seattle's city council votes 7-2 to repeal its “head tax” law, less than a month after unanimously passing the contentious tax on big business  —  Less than a month after unanimously passing a contentious tax on big business, Seattle's city council has voted to repeal the so-called “head tax.”
Stephen Nellis / Reuters:
Qualcomm president says company has no plans to sell its server chip unit but is making staff reductions and folding it into Qualcomm's CDMA Technologies unit  —  (Reuters) - Qualcomm Inc has no plans to abandon its efforts to create processors for data centers, the company's president, who oversees the chip division, said.
More: ZDNet
Romain Dillet / TechCrunch:
French startup Exotec Solutions raised a $17.7M Series B led by Iris Capital for its automated warehouse robots  —  French startup Exotec Solutions raised a $17.7 million funding round (€15 million) from Iris Capital with existing investors 360 Capital Partners and Breega also participating.
More: Tech.eu and PE Hub Blog

Sponsor Posts

Microsoft:
Winning hackathon project now helping millions read and write  —  Teacher Merlyne Graves used to spend hours recording for her students who struggled with reading.  Not any more.
IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
Planned maintenance of our US Data Center: July 7th, 2018 - 7:30 PM to 10:30 PM PST  —  We have planned a network infrastructure upgrade on our primary data center in the USA on July 7th, 2018 from 7:30 PM to 10:30 PM PST.

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Brad Sams / Thurrott.com:
Khadeeja Safdar / Wall Street Journal:
Taylor Hatmaker / TechCrunch:
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