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August 17, 2018, 3:10 PM
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Top News

Nikkei:
Sources: Google is preparing to launch its own smart speaker with a display for the holiday season; 3M units are planned for first batch  —  Taiwan suppliers told to prepare for hardware blitz to challenge Amazon  —  TAIPEI — Google is preparing to release a smart speaker equipped …
Jeff Grubb / VentureBeat:
Twitch says some downloadable archives of a discontinued Messages feature included private messages of other users  —  Twitch is warning users that it may have exposed some of their messages to other users.  The livestreaming site has sent out emails today to a number of its broadcasters …
Natasha Singer / New York Times:
Facebook faces continuing calls for regulation of microtargeted ads in US and Europe after probes of Internet Research Agency and Cambridge Analytica data use  —  Facebook has made a mint by enabling advertisers to identify and reach the very people most likely to react to their messages.
Ingrid Lunden / TechCrunch:
Intel buys deep-learning startup Vertex.AI to join its Movidius unit; Vertex says Intel will continue to develop its PlaidML engine as an open source project  —  Intel wants to bring more artificial intelligence technology into all aspects of its business, and today it is stepping up its game a little in the area with an acquisition.
Jeremy Kahn / Bloomberg:
A look at Europe's struggle to build a truly global tech giant and some of the challenges facing its startup ecosystem  —  This is the best moment in decades for the continent to battle its way back to relevance.  Its startups need to act like it.  —  Jeez, Europe, what more do you need?
Craig Timberg / Washington Post:
DOJ opposes Facebook's efforts to dismiss fair housing groups' lawsuit claiming discriminatory ad targeting, says Communications Decency Act does not apply here  —  The Department of Justice on Friday formally opposed an effort by Facebook to dismiss a lawsuit by several housing groups …
Anna Vodopyanova / CapitalWatch:
China-based CooTek, developer of TouchPal keyboard and other apps, files for NYSE IPO, says it has 132M DAUs, up 75% YoY, and $37.3M in revenues, up 239% YoY  —  A Shanghai mobile Internet company, CooTek (Cayman) Inc., is seeking to raise up to $100 million in an initial public offering …
Sarah Perez / TechCrunch:
comScore: pure play streaming services like Sling TV and DirecTV Now reach 5% of US Wi-Fi households, up 58% since last year  —  The number of U.S. households watching streaming TV services - those that deliver cable TV-like programming over the internet - has grown a remarkable 58% over last year, according to new data from comScore.

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This is a Techmeme archive page. It shows how the site appeared at 3:10 PM ET, August 17, 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

Wall Street Journal:
Sources: WBD is preparing to tell its shareholders to reject Paramount's latest offer and plans to recommend they support the existing deal with Netflix

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

Todd Spangler / Variety:
E.W. Scripps' board unanimously rejects Sinclair's unsolicited acquisition proposal of $7 per share in cash and stock, offered in November

More News

Josh Constine / TechCrunch:
Facebook says it's begun removing content violating its drug policies and has blocked hundreds of search terms and search suggestions associated with drug sales
Jordan Novet / CNBC:
Nvidia reports Q2 revenues of $3.12B, up 40% YoY, vs. $3.1B est., net income of $1.1B, gaming business revenue of $1.81B, and data center revenue of $760M

Earlier Picks

Dan Primack / Axios:
DoorDash raises $250M at a $4B valuation, says it met or exceeded most of metrics set during its March Series D and had 250% YoY growth in delivery volume
Ryan Nakashima / Associated Press:
Google revises help page that describes how its “Location History” setting works, clarifying that it still tracks location even if the setting is turned off
New York Times:
Sources: about 1,000 Google employees have signed a letter demanding more transparency following reports of Google developing a censored search engine for China
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