Techmeme
October 11, 2018, 8:11 PM

Top News

Washington Post:
Facebook removes 800+ US-based accounts and pages, some with 100K+ followers, that were spamming people with political messages for profit  —  SAN FRANCISCO — Facebook said on Thursday it has purged more than 800 U.S publishers and accounts for flooding users with politically-oriented content …
Josh Constine / TechCrunch:
Facebook rolls out Facebook 3D photos that use AI to add make-believe depth to iPhone portrait mode shots  —  What if you could peek behind what's in your photos, like you're moving your head to see what's inside a window?  That's the futuristic promise of Facebook 3D photos.
Dani Deahl / The Verge:
Trump signs the Music Modernization Act that makes it easier for rights holders to get paid when their music is streamed online  —  President Trump has signed the Music Modernization Act (MMA) into law, officially passing the most sweeping reform to copyright law in decades.
Tom Warren / The Verge:
Microsoft rolls out October 2018 update for Xbox One with new avatars, Dolby Vision support for Netflix, and the ability to control Xbox with Alexa or Cortana  —  Microsoft is releasing a significant dashboard update for the Xbox One today.  The new October 2018 update for Xbox brings Microsoft's …
Bloomberg:
Alipay and Tencent say hackers used stolen Apple IDs to access some customer accounts and steal unknown sums of money; Alipay says Apple hasn't fixed the issue  —  - China's top digital wallet didn't say how much was stolen  — Ant Financial and Tencent are working with Apple on the case
Dan Primack / Axios:
In a letter to the SEC, Uber asks for a change of rules to allow it to compensate drivers with company stock  —  Uber on Thursday sent a letter to federal securities regulators, asking for rules changes that would let it provide company stock to its drivers, Axios has learned.
Tom Krazit / GeekWire:
Cloud data warehouse vendor Snowflake Computing raises $450M led by Sequoia Capital at a $3.5B valuation, bringing its total raised to $923M  —  In January, after raising $263 million, Snowflake Computing CEO Bob Muglia indicated that the next time his fast-growing cloud data warehousing company tapped …
Ingrid Lunden / TechCrunch:
Apple to buy a part of Dialog Semiconductor, a chipmaker based out of Europe, for $300M in cash, and commits $300M to make further purchases from the business  —  Apple has quietly been putting considerable effort into building faster and more efficient chips that can help differentiate …
Tom Krazit / GeekWire:
Microsoft joins the Open Invention Network and cross-licenses over 60,000 patents for other members  —  After years of waging patent war on Google's Linux-based Android mobile operating system, Microsoft agreed Wednesday to join the Open Invention Network and cross-license its more than 60,000 patents to participating members.
New York Times:
Walmart announces joint venture with NY-based interactive storytelling startup Eko to develop original content; sources say investment is worth $250M  —  Walmart is going Hollywood.  —  The world's largest retailer, in a constant battle with its rival Amazon, said this week that it was teaming …
Jamie Rigg / Engadget:
Samsung unveils the mid-range Galaxy A9 with four rear cameras, 6.3-inch display, Snapdragon 660, 128GB storage, and 3,800mAh battery, for €599 in November  —  Google's Pixel 3 reveal came and went earlier this week, bringing us ever closer to the end of new flagship season.
Wall Street Journal:
Sources: Tencent Music is postponing its IPO until at least November because of the selloff in global markets  —  Music streamer and underwriters worried global market selloff would hurt pricing  —  Tencent Music Entertainment Group is postponing its initial public offering until …
More: CNBC
Emil Protalinski / VentureBeat:
Global PC shipments in Q3 were flat, up 0.1% YoY according to Gartner, as IDC estimates 0.9% decline; Gartner says Microsoft broke into top 5 PC vendors in US  —  The PC market is seeing some very interesting moves this year.  In Q2 2018, global shipments were up for the first time in six years …
Douglas MacMillan / Wall Street Journal:
Following Google+ data bug, Google will restrict developer access to Gmail starting Jan. 9 for apps that aren't email or productivity, worrying some developers  —  Some apps will be cut off from all Gmail data, others restricted from selling collected data or from using it to target advertising, Google said Monday

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