Techmeme
September 11, 2018, 12:35 PM

Top News

Reuters:
Japan-based Renesas, the second-biggest supplier of chips used in cars, has agreed to buy US-based wireless chip maker Integrated Device Technology for ~$6.7B  —  TOKYO (Reuters) - Japanese chipmaker Renesas Electronics Corp (6723.T) said on Tuesday it had agreed to buy U.S. peer Integrated …
Ron Miller / TechCrunch:
Packet, a New York City-based bare metal cloud hosting startup that is taking on rivals like AWS and Azure, raises $25M Series B led by Third Point Ventures  —  In a world where large hyperscale companies like Amazon, Microsoft and Google dominate the public cloud, it would seem foolhardy …
HuffPost India:
Investigation: hackers have disabled security features of India's Aadhaar enrollment service with a ~$35 software patch, making it possible to create fake IDs  —  Skilled hackers disabled security features of Aadhaar enrolment software, circulated hack on Whatsapp
Connie Loizos / TechCrunch:
Opendoor acquires Open Listings, which automates much of the home sales process, in its first acquisition as sources say funding from SoftBank is imminent  —  Opendoor, a four year-old, San Francisco-based company, has from the outset intended to make it possible to buy and sell residential real estate with a few key strokes.
More: GeekWire
Dan Seifert / The Verge:
Today's smart home is better described as a remote-controlled home; more data and better interoperability between IoT devices is needed for a truly “smart” home  —  Today you can have a fully connected home complete with sensors to monitor temperature, humidity, air quality …
More: TechHive
James Vincent / The Verge:
Q&A with the co-creator of Anatomy of an AI system artwork that maps three central processes powering an Amazon Echo: material resources, human labor, and data  —  Welcome to the ‘Anatomy of an AI System’  —  That the modern world is a complex place will not have escaped your notice.
Barney Thompson / Financial Times:
On Tuesday, a top EU court will decide if the EU's “right to be forgotten” regulations should apply worldwide and what type of information should be delisted  —  Europe's top judges are being asked to decide the limits of the “right to be forgotten” — a person's ability to demand …
Rani Molla / Recode:
A look at the rising prevalence of Amazon ads, as report suggests share of Amazon product page views that come from sponsored ads has roughly doubled YoY to 8%  —  Amazon-sponsored product ads have been around since 2012.  But lately, as the company has invested in growing its advertising business, they've become more aggressive.
Thanks:@ranimolla
Spencer Soper / Bloomberg:
Amazon says sales from Amazon Business, its business-to-business platform that launched in 2015, hit an annualized rate of $10B globally  —  - Business-to-business platform launched three years ago  — Customers include schools, hospitals and corporations
Gertrude Chavez-Dreyfuss / Reuters:
NY regulator approves its first stablecoins; the digital currencies, strictly pegged to US dollar on a one-to-one basis, come from Paxos and Winklevoss' Gemini  —  NEW YORK (Reuters) - New York state's Department of Finiancial Services on Monday approved Gemini Trust Company's …
Kim Hart / Axios:
Study of US teen internet usage: 81% say they use social media but only 15% say they use Facebook, compared to 68% in 2012, and 89% have their own smartphone  —  Today's teens prefer texting over in-person communication, use social media multiple times a day, and admit that digital distractions interfere …

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Tom Krazit / GeekWire:
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