Techmeme
December 20, 2019, 12:40 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple has a secret team of ~12 engineers working on satellites and related wireless tech to beam data directly to its devices  —  Apple Inc. has a secret team working on satellites and related wireless technology, striving to find new ways to beam data such as internet connectivity directly …
Fortune:
Ripple raises $200M Series C led by global investment firm Tetragon at a $10B valuation  —  Ripple, a San Francisco-based company that uses cryptocurrency to move money across borders, announced a massive funding round on Thursday that values the company at $10 billion.
Kim Lyons / The Verge:
Convenience store chain Wawa discloses a data breach across its 700 stores over the past nine months that may have exposed customer and credit card details  —  The breach may have affected all 700 stores over the past nine months.  —  If you used your credit card or debit card to buy gas …
Catalin Cimpanu / ZDNet:
Apple opens its bug bounty program to security researchers, publishes eligibility criteria, bounty categories, and report and payout guidelines  —  Apple opens its previously-closed bug bounty program to all security researchers.  —  Apple has formally opened its bug bounty program today …
Drew Harwell / Washington Post:
Study of 189 facial recognition algorithms shows they misidentify people of color more often than white people, confirming facial recognition tech's racial bias  —  Facial-recognition systems misidentified people of color more often than white people, a landmark federal study released Thursday shows …
Elly Cosgrove / CNBC:
IAC to buy online caregiver marketplace Care.com in a deal valued at nearly $500M; Care.com stock is up 13+%  —  - IAC's deal to buy Care.com comes one day after it detailed plans to spin off all of its shares of online dating company Match Group.  — Care.com soars more than 13% on the news …
Jay Peters / The Verge:
OnePlus unveils a bug bounty program with rewards from $50-$7,000 open to any security expert and a bug bounty partnership with HackerOne for select researchers  —  You can earn up to $7,000 for submitting a bug  —  OnePlus announced its second data breach in two years back in November …
Dean Takahashi / VentureBeat:
Google acquires Montreal-based game development house Typhoon Studios as part of its plan to create exclusive content for Stadia  —  Google's Stadia cloud gaming division has acquired Typhoon Studio, a Montreal-based triple-A game development house.  —  The move is part of Stadia's plan …
Kana Inagaki / Financial Times:
Mitsubishi and NTT to buy 30% stake in digital map provider HERE Technologies; BMW, Audi, and Daimler bought Nokia's HERE unit for ~€2.8bn in 2015  —  Japan's biggest trading house Mitsubishi and telecoms company NTT are to acquire a 30 per cent stake in Here Technologies …

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11th Gen Intel Core desktop processors - codenamed “Rocket Lake” - are coming  —  Gaming is in our DNA.  Get the latest on Intel's continued journey to make the PC the best place to play.

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Kim Lyons / The Verge:
Makena Kelly / The Verge:
Josh Constine / TechCrunch:
Tony Romm / Washington Post:
New York Times: