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May 27, 2016, 10:20 AM
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Joe Mullin / Ars Technica:
Jury in Oracle suit unanimously finds Google's use of Java APIs in Android was fair use; Oracle vows to appeal  —  Oracle has spent many millions trying to get a chunk of Android, to no avail.  —  SAN FRANCISCO—Following a two-week trial, a jury has found that Google's Android operating system does …
Nick Denton / Gawker:
Nick Denton challenges Peter Thiel to a public debate in open letter, says decade-long campaign by Thiel is out of proportion, asks about ultimate intent  —  Nearly a decade ago, after you had opened up to friends and colleagues, a gay writer for Gawker shared an item with the readers of Valleywag …
Kara Swisher / Recode:
As Facebook courts publishers, the company and some of its directors decline to comment on board member Peter Thiel's funding of lawsuit against Gawker  —  And there will also likely be no action, either.  —  Here's a very good question swirling around Silicon Valley and the media universe today …
Andrew Ross Sorkin / New York Times:
Peter Thiel acknowledges he spent around $10M to fund a team of lawyers to help Gawker “victims” like Hulk Hogan sue the company, in act of “deterrence”
Cade Metz / Wired:
Facebook and Microsoft partner to lay highest capacity transatlantic internet cable yet, connecting Virginia and Spain with a bandwidth of 160Tbps  —  Facebook and Microsoft are laying a massive Internet cable across the middle of the Atlantic.  —  Dubbed MAREA—Spanish for “tide” …
TechCrunch:
Filing: Snapchat raised $1.8B in Series F round; leaked deck reveals $59M revenue in 2015, 110M DAUs in December  —  Earlier this week, we reported that the messaging app startup Snapchat was raising more money.  Now we have more updates for you.  An SEC filing has been made today …
TechCrunch:
Facebook starts selling offsite ads targeting non-users too  —  Facebook's advertising network is already a colossal business — it helped the social network bring in over $5 billion in revenue in its most recent quarter alone — but it is about to take a step towards become …
Barb Darrow / Fortune:
Intel buys computer vision company Itseez, co-founded by two former Intel researchers, in IoT and autonomous car push  —  Chip maker Intel, in its bid to expand from its core PC and server business to all manner of devices, is buying Itseez, a machine vision specialist co-founded by two former Intel techies.
Financial Times:
Sources: Apple had preliminary discussions about buying Time Warner last year as spending on original content set to increase  —  A top Apple executive raised the prospect of the iPhone maker buying Time Warner at a meeting with the owner of HBO, CNN and Warner Brothers, according to three people who were briefed on it.
Ken Yeung / VentureBeat:
Twilio publicly files for IPO, seeks listing on NYSE under ticker symbol TWLO; filing reveals $166.92M in revenue and $35.5M net loss in 2015  —  Twilio has filed paperwork with the Securities and Exchange Commission (SEC) to go public.  The telecommunications platform seeks to raise …
Kurt Wagner / Recode:
Twitter execs Jana Messerschmidt, head of business development, and Nathan Hubbard, head of media and commerce, are planning to leave the company  —  Jana Messerschmidt (business development) and Nathan Hubbard (media) are exiting.  —  Two top Twitter executives — Jana Messerschmidt …

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From Mediagazer

Samantha Waldenberg / CNN:
ABC News plans to air an interview with President Biden “in its entirety as a primetime special”, at 8pm ET on July 5; a transcript will also be available

Paul Vieira / Dow Jones Newswires:
Netflix, Disney, and other US streaming companies ask a Canadian court to block imposition of a fee of 5% of sales to help finance local news and other content

BBC:
Investigation: a fake news network tied to an ex-Florida sheriff, now in Moscow, appears to be targeting US and UK voters; some Congress members shared posts

More News

Wall Street Journal:
Lenovo Q4 profit up 80% to $180M but revenue falls 24% to $9.13B YoY as PC demand slows

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