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Techmeme
May 17, 2016, 10:30 AM
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Top News

Sarah Frier / Bloomberg:
Source: Twitter will stop counting photos and links in the 140-character limit as soon as within next two weeks  —  Company said to make the change in next couple of weeks  —  CEO Jack Dorsey aims to make it easier to compose tweets  —  Twitter Inc. will soon stop counting photos and links …
Mark Harris / Backchannel:
Otto, founded by ex-Google engineers, exits stealth to sell self-driving kits for retrofitting semi-trailers  —  A group of ex-Google engineers have just launched Otto, an autonomous trucking startup  —  Otto's first vehicle is twice as long and six times as heavy as Google's cute prototype car …
Ingrid Lunden / TechCrunch:
MCX postpones rollout of Apple Pay rival CurrentC, lays off 30, will focus on bank deals  —  As merchants like Walmart move aheadon their own mobile payment strategies, a consortium that once counted Walmart — along with a number of other big retailers and brands — behind it, has taken a step back.
Romain Dillet / TechCrunch:
Blockchain announces Thunder, an alternative network for enabling fast off-blockchain transactions that settle against the bitcoin blockchain at a later date  —  Blockchain, the company behind the world's most popular bitcoin wallet, has been quietly working on an interesting project called Thunder.
New York Times:
China is quietly requiring foreign tech companies to submit their products to security reviews  —  HONG KONG — Chinese authorities are quietly scrutinizing technology products sold in China by Apple and other big foreign companies, focusing on whether they pose potential security threats …
Wall Street Journal:
Inside the Final Days of LendingClub CEO Renaud Laplanche  —  The allegations around Mr. Laplanche also raise tough questions for the fast-growing fintech industry  —  On April 22, LendingClub Corp. founder and Chief Executive Renaud Laplanche took the stage at a New York ceremony …
Jacob Kastrenakes / The Verge:
Apple releases iTunes 12.4, brings back left sidebar, but doesn't address core issues with navigation and possibly makes it worse  —  Apple knows that the iTunes interface is extremely confusing and needs work.  But apparently its solution is to add even more menus.

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From Mediagazer

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

Wall Street Journal:
Sources detail creative differences between the Broccoli family, which has creative control over the James Bond franchise, and Amazon, which owns the franchise

More News

Casey Newton / The Verge:
Twitter tests adding button to its Android app for launching Periscope broadcasts
Connie Loizos / TechCrunch:
Debra Lee, chairman and CEO of Viacom's Black Entertainment Television, joins Twitter's board
The Economic Times:
Sources: Apple likely to announce accelerator program for Indian startups during Tim Cook's visit to the country this week

Earlier Picks

The Intercept:
The Intercept begins releasing installments of NSA's internal newsletters starting from 2003
Ellen Huet / Bloomberg:
On-demand startups increasingly touting forms of “profitability” that exclude key expenses
San Francisco Chronicle:
Waze tests carpooling option in Bay Area, starting with 25K+ employees from select firms, with new Waze Rider app that matches similar commutes among Waze users
Luke Wroblewski / Official Google Blog:
Google announces Spaces, a new app for small group sharing around any topic, for Android, iOS, and web
Greg Bensinger / Wall Street Journal:
Source: Amazon to debut new lines of private label products, including perishable foods and household items, for Prime members only in coming weeks
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