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Techmeme
June 15, 2018, 1:50 PM
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Top News

Wall Street Journal:
Sources: expensive OLEDs mean Apple expects LCD models to make up the majority of iPhone sales in its fall lineup and plans to use LCD displays next year too  —  Apple expects to sell more iPhones with LCD screens than pricey OLED models in its coming lineup: sources
Business Wire:
AT&T has completed its $85.4B acquisition of Time Warner  —  AT&T Inc. has completed its acquisition of Time Warner Inc., bringing together global media and entertainment leaders Warner Bros., HBO and Turner with AT&T's leadership in technology and its video, mobile and broadband customer relationships.
Dylan Byers / CNNMoney:
Oprah Winfrey signs multiyear deal for new original programs with Apple; Winfrey is expected to have an on-screen role as host and interviewer  —  Oprah shares her secrets to success with graduates  —  Apple has signed Oprah Winfrey to a multiyear deal for new original programs.
Jane Wakefield / BBC:
Reuters Institute study: usage of Facebook for news has declined in a number of countries including the US, as messaging apps like WhatsApp gain popularity  —  Fewer people are using Facebook to discover and discuss news, as messaging apps such as WhatsApp gain in popularity, a study has suggested.
Sarah Perez / TechCrunch:
Mobile payments app Venmo starts reducing the functionality of Venmo.com website beginning with the discontinuation of the ability to pay and charge someone  —  PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users.
Kiel Porter / Bloomberg:
Goldman Sachs' private equity arm and Hearst Corp. acquire online coupon and deal-sharing company Slickdeals for $500M from Warburg Pincus  —  - Deal is said to value online coupon firm at $500 million plus  — Warburg Pincus reaps 7.2 times return on the investment

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:50 PM ET, June 15, 2018.

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

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Max Tani / Semafor:
Sources: WaPo's top standards editor decried “frustrating” errors in its new AI-generated personalized podcasts, announced this week for users of its mobile app

Axios:
Sources: during the bidding process, Paramount promised WBD that its foreign partners and Jared Kushner's fund wouldn't have any voting or governance rights

More News

Joe Rossignol / MacRumors:
Apple says it has resolved a multi-hour outage of Maps Search and Routing & Navigation
Jon Russell / TechCrunch:
Didi Chuxing will launch its DiDi Express service on June 25 in Melbourne, its third international market; the business will be run by a Didi subsidiary
Megan Rose Dickey / TechCrunch:
In first diversity report since Damore memo, Google says its employees were 30.8% female, 2.4% black, and 3.5% Latinx in 2017, barely increasing from 2016

Earlier Picks

Katie Notopoulos / BuzzFeed:
Instagram says it is no longer testing a feature that would show users who has taken screenshots of their stories
Eli Hodapp / TouchArcade:
Two weeks after Apple's rejection, Valve removes game purchasing option from its beta Steam Link app for iOS, paving the way for potential approval
Kara Swisher / Recode:
Elliot Schrage, Facebook's VP of Communications and Public Policy and a key player in company's response to data scandal is leaving after a decade at the firm
Bob Pisani / CNBC:
SEC's William Hinman, head of Division of Corporate Finance who oversees cryptocurrencies, says Bitcoin and Ether are not securities but many ICOs are
Josh Constine / TechCrunch:
Snapchat launches Snap Kit developer platform, letting other apps use Snap's login, Bitmoji avatars, public Stories, and Snap Map content
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