Techmeme
August 27, 2018, 7:45 PM

Top News

Bloomberg:
Sources: 6.5" OLED iPhone to get split screen view for apps like Mail and Calendar; 6.1" LCD and 6.5" OLED iPhones to support dual SIMs at least in some regions  —  - Two high-end OLED models focus on speed and camera upgrades  — New iPad Pros, Apple Watches with larger screens also coming
Greg Bensinger / Wall Street Journal:
Sources: Toyota to invest $500M in Uber, valuing it at ~$72B, slightly higher than last valuation, and will jointly develop driverless vehicles as part of deal  —  Auto maker and ride-hailing company will jointly work on driverless-vehicle development as part of investment
Facebook:
Facebook removes 18 Facebook accounts, one Instagram account, and 52 Facebook Pages, including Burmese military officials, in response to Myanmar violence  —  The ethnic violence in Myanmar has been truly horrific.  Earlier this month, we shared an update on the steps we're taking to prevent …
Sarah Perez / TechCrunch:
YouTube adds “Time watched” stats to its “digital wellbeing” tools in its mobile apps  —  Google today is expanding YouTube's set of “digital wellbeing” tools, with an added feature that will calculate how much you're watching videos.
Paul Thurrott / Thurrott.com:
Microsoft announces Xbox All Access with Xbox Game Pass, Xbox Live Gold, and Xbox One S or Xbox One X console for $22 or $35/mo on a 2-year contract in US  —  Microsoft today confirmed the rumors: Xbox All Access is a new subscription offering that ties a console to Xbox Live Gold and Xbox Game Pass for two years.
Shannon Bond / Financial Times:
CEO says Uber is planning a shift from cars to electric bikes and scooters for shorter trips as part of its long-term strategy, despite short-term financial hit  —  Uber is planning a shift in emphasis from cars to electric bicycles and scooters for shorter journeys as part of its long-term strategy …
AnandTech:
In a strategy shift, GlobalFoundries announces it is ceasing all work on its 7nm fabrication processes  —  GlobalFoundries on Monday announced an important strategy shift.  The contract maker of semiconductors decided to cease development of bleeding edge manufacturing technologies and stop …
Madhav Chanchani / The Economic Times:
Sources: Warren Buffet's Berkshire Hathaway has agreed to acquire a 3% to 4% stake in Paytm's parent company One97 Communications, valuing Paytm at over $10B  —  Softbank and Alibaba-backed Paytm may get valued at $10 billion after this funding from Berkshire Hathaway
Palmer Luckey / The Blog of Palmer Luckey:
Oculus cofounder reviews Magic Leap: less of a functional developer kit, more of a flashy hype vehicle that almost nobody can actually use in a meaningful way  —  The title of this review was carefully chosen, not glibly.  I want what is best for VR and all other technologies on the Reality-Virtuality Continuum, Magic Leap included.

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