Techmeme
July 23, 2019, 12:50 PM

Top News

Wall Street Journal:
Sources: Apple is in advanced talks to buy Intel's smartphone modem chip business in a deal valued at $1B+ covering staff and a portfolio of patents  —  Apple Inc. AAPL 2.29% is in advanced talks to buy Intel Corp. INTC 2.15% 's smartphone-modem chip business, according to people familiar with the matter …
Guilherme Rambo / 9to5Mac:
Sources: Apple to release three “iPhone 11” models this fall, each with an A13 chip, Lightning port, and a new Taptic Engine, as 3D Touch goes away  —  Similar to last year's introduction of the iPhone XS, iPhone XS Max, and iPhone XR, Apple will release three new ‘iPhone 11’ models this fall.
Joe Tidy / BBC:
Profile of Marcin Kleczynski, CEO and co-founder of Malwarebytes, who quietly grew the company in his dorm to a multi-million dollar/year business by graduation  —  The BBC's weekly The Boss series profiles different business leaders from around the world.  This week we speak to Marcin Kleczynski …
Russell Brandom / The Verge:
Flaw in Facebook's Messenger Kids let kids invite a parent-approved user into a group chat even if that user wasn't authorized to chat with others in the group  —  ‘We recently notified some parents... about a technical error,’ a Facebook representative said
Anthony Ha / TechCrunch:
Heap, which automates company analytics by collecting and organizing customer behavioral data, raises $55M Series C led by NewView Capital  —  Since co-founding Heap, CEO Matin Movassate has been saying that he wants to take on the analytics incumbents.  Today, he's got more money to fund that challenge …
Jason D. Rowley / Crunchbase News:
Commission-free trading app Robinhood raises $323M Series E led by DST Global at a $7.6B post-money valuation and has raised a total of $862M to date  —  Unless you were some hotshot finance person in the 1980s, you probably only recently started using your mobile phone to place trades.
Anthony Ha / TechCrunch:
Mixhalo raises $10.7M Series A led by Foundry Group to bring better sound quality to live events through smartphone users' earbuds  —  Mixhalo — the startup co-founded by Incubus guitarist Mike Einziger and his wife, violinist Ann Marie Simpson-Einziger — has raised $10.7 million in Series A funding.
More: hypebot
James B. Cutchin / Los Angeles Times:
How US companies quietly acceded to Chinese government demands to add ID-tracking and playtime restriction systems to games like Fortnite and World of Warcraft  —  Last October, software developers at Riot Games in Santa Monica fielded an unusual request.  As with other video game makers …
Stacy Cowley / New York Times:
Equifax will pay at least $650M and potentially significantly more to end an array of state, federal, and consumer claims over the 2017 data breach  —  The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims …
Arielle Pardes / Wired:
Kyle Wiggers / VentureBeat:
Analytics and insurance software provider Qomplx raises $78.6M Series A led by Cannae Holdings and Motive Partners  —  Analytics and insurance software provider Qomplx (formerly Fractal Industries) today announced that it has secured $78.6 million in a series A funding round led by Cannae Holdings …

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Earlier Picks

Megan Rose Dickey / TechCrunch:
Tom Warren / The Verge:
Jay Greene / Washington Post:
Kyle Wiggers / VentureBeat: