Techmeme
August 16, 2019, 12:05 PM

Top News

Jeff John Roberts / Fortune:
Coinbase has acquired the custody business of Xapo, a service best known for storing bitcoins in a vault under a Swiss mountain; source says for $55M  —  Cryptocurrency firm Coinbase has acquired the custody business of Xapo, a service best known for storing Bitcoins in a vault under a Swiss mountain.
Juli Clover / MacRumors:
Apple sues mobile device virtualization company Corellium, accusing it of copyright infringement for illegally replicating iOS, along with iPhone and iPad apps  —  Apple today filed a lawsuit against Corellium, a mobile device virtualization company that supports iOS.
Will Oremus / OneZero:
Biswarup Gooptu / The Economic Times:
India-based Twitter-like platform ShareChat, which supports multiple regional languages, raises $100M round led by Twitter, sources say at $600M-$650M valuation  —  Regional language social networking platform ShareChat has completed a $100 million (about Rs 718 crore) equity financing round led …
Lawrence Abrams / BleepingComputer:
Bluetooth SIG issues a security notice for the “KNOB” flaw, which allows hackers to steal data by brute forcing the encryption key used during bluetooth pairing  —  A new Bluetooth vulnerability named “KNOB” has been disclosed that allow attackers to more easily brute force …
Hilary Milnes / Digiday:
Sources and a leaked pitch deck indicate that Amazon may have offered vendors the ability to bid for an Amazon Choice badge in 2017  —  Amazon has previously offered vendors the ability to “bid” for an Amazon's Choice badge by lowering prices and spending more money on advertising …
Charlie Savage / New York Times:
In a letter to Congress, the Trump administration asks lawmakers to reauthorize a law that lets the NSA gain access to logs of phone and text records  —  The White House is seeking reauthorization of a law that lets the N.S.A. gain access to logs of Americans' phone and text records …
Paul Roberts / The Security Ledger:
Huge survey of 6K+ firmware images of devices by 18 vendors including Linksys and Netgear finds no improvement in software security and lax security standards  —  A survey of more than 6,000 firmware images spanning more than a decade finds no improvement in firmware security and lax security standards …
James Sanders / TechRepublic:
After the latest firmware update, some Surface Pro 6 and Surface Book 2 devices are throttling CPU speeds to 400 MHz; Microsoft says it is working on a fix  —  User reports indicate that an erroneously set CPU flag is sending Intel Core processors back into the Pentium II age.
The Information:
Sources: JD.com is talking with investment banks about a $500M US IPO in May for its online supermarket unit Dada-JD Daojia; Walmart owns 10% of Dada-JD Daojia  —  Chinese online retailer JD.com is in talks with bankers to list shares of its online supermarket joint venture in the U.S. next May …
More: Seeking AlphaTweets: @amir
Ian King / Bloomberg:
Nvidia beats Q2 expectations with revenues of $2.58B, down 17% YoY, gaming chip sales of $1.3B, up 24% from Q1, and data center revenues of $655M, up 3% QoQ  —  - Chipmaker says all markets grew sequentially in quarter  — Stock rallies on optimism for end to inventory slump
Akanksha Rana / Reuters:
Report: Alibaba to buy NetEase's Kaola, one of the biggest Chinese shopping sites for imported goods, for $2B in cash  —  (Reuters) - Alibaba Group Holding Ltd has agreed to pay $2 billion in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported on Friday.  (bit.ly/2HcCI6C)

Sponsor Posts

Smartsheet:
Strategies for shutting down SaaS sprawl  —  Managing a chaos of apps steals focus away from IT leaders who are increasingly helping to drive business.  Read the report.
TWiT.tv:
What Up, Microsoft?  —  It's not just hardware, and it's not just Surface.  Paul, Mary Jo, and Leo talk about what Microsoft has up its sleeves for the Oct 2 event.  Subscribe to the Windows Weekly podcast.
Zoho:
Webinar Recap: Email as a tool for webinar engagement  —  Today, marketers are constantly on the lookout for different ways to promote their brand.  Conducting webinars is one of the easiest ways to connect …
AWS Startups:
Shaping Your Startup Culture to Thrive  —  Our panel of experts at our AWS Loft in New York, including folks from Buzzfeed, Enigma, and Value Culture, discuss why culture is vital to any startup that wants to survive past its early days.
Google Fi:
Google Fi - a phone plan, by Google  —  We felt that most phone plans just weren't made with you in mind.  So that's why we built Google Fi with features that real people actually want.  Click to learn more.
TechCrunch Disrupt SF:
Patrick Brown, the chief executive of Impossible Foods, is coming to Disrupt  —  Impossible Foods is having quite the year.  In the past seven months, the company has signed a nationwide deal with Burger King …
Intel:
Here's how Intel is powering breakthrough research in astronomy, medicine, AI and beyond  —  Fastest supercomputer in academia - Frontera, is based on 2nd generation Intel® Xeon® Scalable processors.

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More News

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Earlier Picks

Ronald Eikenberg / heise online:
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The Information:
Sean O'Kane / The Verge:
The Keyword:
April Glaser / Slate: