Techmeme
June 21, 2018, 9:55 AM

Top News

Sara Salinas / CNBC:
Intel CEO Brian Krzanich to step down following an investigation into a consensual relationship with an Intel employee; Bob Swan to step in as interim CEO  —  Intel's Brian Krzanich is out as CEO and chairman of the board following an investigation into a “consensual relationship with an Intel employee,” the company announced Thursday.
Mark Gurman / Bloomberg:
Sources: Apple is facing technical hurdles making the AirPower wireless charger, which runs a stripped-down version of iOS, but aims to launch it by September  —  - Engineers hoped for June launch; company aims for September  — Several new Apple products have been delayed in recent years
Marrian Zhou / CNET:
Microsoft says it does not have any plans for VR or mixed reality support for Xbox consoles  —  Microsoft's plans to include virtual reality in Xbox game consoles are virtually over.  —  The software giant told GamesIndustry.biz it isn't working on VR support for its popular Xbox console …
Juli Clover / MacRumors:
Car consortium that includes Apple, Samsung, BMW, and others announces Digital Key Release 1.0, a standard for NFC-enabled digital car keys for mobile devices  —  The Car Connectivity Consortium (CCC), an organization that includes Apple, today announced the publication of a new Digital Key …
Josh Constine / TechCrunch:
Instagram debuts IGTV, a hub for high-profile creators, and says it will begin letting users upload videos up to an hour long, up from previous one-minute limit  —  Instagram is ready to compete head on with YouTube.  Today at a flashy event in San Francisco, the company announced …
Josh Constine / TechCrunch:
Polina Marinova / Fortune:
Sources: nonprofit financial platform Stellar in talks to buy Chain, a startup building blockchain tech for the finance industry, for $500M in Stellar's Lumens  —  Stellar is in talks to acquire Chain, the San Francisco-based startup building blockchain technology for the financial industry, according to people familiar with the deal.
More: SludgeFeed
Dan Seifert / The Verge:
Amazon Fire TV Cube review: controls more than just TV, supports 4K HDR, picks up commands even while video or music is playing, but the remote lacks features  —  Alexa turns out to be a good match for your living room  —  For the past few years, Amazon has had two of the most popular living room products …
Katherine Krueger / Splinter:
Twitter temporarily suspended some accounts that simply linked to a Splinter post that shared a phone number for White House adviser Stephen Miller  —  This morning, Splinter published the personal cell phone number of White House adviser Stephen Miller, an official so monstrous …
Taylor Soper / GeekWire:
Microsoft to acquire Bonsai, which had raised $13.6M and helps add AI capabilities to firms' systems; Bonsai's 42 staff to join Microsoft's AI and Research unit  —  Microsoft is adding more firepower to its artificial intelligence arm.  The tech giant has agreed to acquire Bonsai …
Supraja Srinivasan / The Economic Times:
Indian food delivery service Swiggy raises $210M round led by DST Global and Naspers, sources say at a $1.2B+ valuation, bringing its total raised to $466M+  —  The additional capital will be used by Swiggy to ramp up its supply chain network and expand to new markets
Marguerite Reardon / CNET:
California lawmakers advance a net neutrality bill implementing some protections but not a proposed zero-rating ban that went beyond the FCC's 2015 regulations  —  California will not be the poster child for the nation's strongest set of net neutrality protections, as lawmakers …
Steve Lohr / New York Times:
As debate about deep learning's limits heats up, research groups, startups, and computer scientists are seeking other concepts to make AI more flexible  —  For the past five years, the hottest thing in artificial intelligence has been a branch known as deep learning.
Sarah Perez / TechCrunch:
Twitter acquires San Francisco-based Smyte, which offers tools to protect user accounts and stop online abuse, harassment, and spam  —  Twitter this morning announced it has agreed to buy San Francisco-based technology company Smyte, which describes itself as “trust and safety as a service.”
More: Twitter
Joshua Brustein / Bloomberg:
Match Group, which runs dating services including Tinder and OKCupid, says it's bought a controlling stake in rival app Hinge, after first investing last year  —  - The company first invested in Hinge in September 2017  — As Facebook looks to enter industry, Match builds its brands

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Patricia Zengerle / Reuters:

Earlier Picks

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