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Lucas Shaw / Bloomberg:
Spotify partners with eight firms, including Buzzfeed, to launch Spotlight, an initiative offering news and political programming, as it vies for radio revenue   —  Eight companies will supply coverage of news, sports, culture  —  Studio head wants ‘content that can be seen and listened to’
Jan 18, 2018, 11:55 AMIn context
Bloomberg:
A behind-the-scenes look at Travis Kalanick's fall at Uber: from Susan Fowler's blog post and Waymo's lawsuit to the fight with Benchmark Capital's Bill Gurley   —  Silicon Valley CEOs are supposed to be sacrosanct.  So how did it all go wrong at Uber?  —  A year ago, before the investor lawsuits …
Jan 18, 2018, 10:15 AMIn context
Marie Mawad / Bloomberg:
Cryptocurrency hardware wallet maker Ledger raises $75M Series B led by Draper Esprit; the company sold 1M USB dongle wallets that store private keys   —  Startup makes dongles to store cyptocurrency private keys  —  Sold 1 million units last year; targeting hedge funds, banks
Jan 18, 2018, 6:30 AMIn context
Bloomberg:
Profile of Jann Horn, a 22-year-old Zurich-based researcher who helped discover Meltdown and Spectre flaws while working for Google's Project Zero   —  Horn stumbled on problems while reading lengthy Intel manuals  —  Google researcher has ‘outstanding mind,’ dogged determination
Jan 17, 2018, 6:30 PMIn context
Mark Gurman / Bloomberg:
Sources: Apple will issue each employee below director level a ~$2.5K bonus in restricted stock units, following passage of tax overhaul, over coming months   —  Company giving bonuses to most global employees in stock units  —  Bonus program follows Apple pledge to increase U.S. spending
Jan 17, 2018, 4:35 PMIn context
Arit John / Bloomberg:
Senate votes 60-38 to end debate on bill extending Section 702 FISA warrantless surveillance program through 2023, setting up a vote for final passage this week   —  The Senate advanced legislation Tuesday to extend the government's authority to spy on suspected foreign terrorists' communications …
Jan 16, 2018, 7:35 PMIn context
Bloomberg:
China Labor Watch report finds some workers at Catcher iPhone plant worked around noxious chemicals when safety equipment was not present; Apple, Catcher deny   —  Rights group alleges 14 violations of Apple supplier standards  —  Apple says it investigated claims, found no standards breached
Jan 16, 2018, 1:10 PMIn context
Olivia Zaleski / Bloomberg:
Instacart acquires Toronto-based coupon and voice-shopping startup Unata; sources say the deal totals ~$65M   —  Unata makes voice-ordering software for grocery chains  —  Deal will help Instacart expand to more markets in Canada  —  Instacart Inc. said it agreed to acquire Toronto-based …
Jan 16, 2018, 11:45 AMIn context
Bloomberg:
Sources: China is escalating clampdown on cryptocurrency trading, targeting platforms that offer exchange-like services, following last year's ban on exchanges   —  Focus on exchange-like platforms follows uptick in activity  —  Regulators around the world are scrutinizing cryptocurrencies
Jan 15, 2018, 12:20 PMIn context
Frances Schwartzkopff / Bloomberg:
Danish police charge 1,004 young people with distributing sexually explicit material of two 15-year-olds following a tip-off from Facebook   —  Police have charged more than 1,000 young people in case  —  Crackdown comes as global #MeToo movement focuses on sex abuse
Jan 15, 2018, 7:20 AMIn context

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