Techmeme
September 1, 2016, 2:30 PM

Top News

Rafi Letzter / Business Insider:
Alex Kantrowitz / BuzzFeed:
Facebook Messenger adds Instant Video, which lets you quickly share live video within conversations  —  Open Messenger in iOS or Android, start a conversation with a friend and the app will offer you the option of adding live video to your chat.  —  The video starts without sound, but you can turn it on if you want.
Rolfe Winkler / Wall Street Journal:
Andreessen Horowitz lags Sequoia, Benchmark, and Founders Fund, with ROIs of 2.6x, 2.3x, and 1.7x for its three funds  —  Rare look at startup investors' performance shows Andreessen Horowitz lags Sequoia, Benchmark, Founders Fund  —  Andreessen Horowitz's first three venture funds …
Paul Hannon / Wall Street Journal:
Tim Cook says he forecasts repatriation of “several billion dollars” of Apple's overseas cash to the US next year  —  CEO says Apple could start moving some of its profits from its international operations to the U.S. next year  —  Apple Inc. Chief Executive Tim Cook said the company …
Jack Marshall / Wall Street Journal:
Facebook to penalize advertisers whose sites load too slowly, are not optimized for mobile  —  Social network will limit where and when ads appear if they point to slow-loading sites  —  Facebook wants advertisers to speed up their mobile websites and plans to limit where and when ads appear across …
Kirsten Korosec / Fortune:
Baidu and Nvidia to Build Artificial Intelligence Platform for Self-Driving Cars  —  Chinese search engine Baidu and chipmaker Nvidia announced a partnership Thursday that will focus on using artificial intelligence to develop a computing platform for self-driving cars.
Dieter Bohn / The Verge:
Asus debuts ZenWatch 3, a round Android Wear smartwatch with battery that lasts 2 days and charges to 60% in 15 minutes, coming to US, Germany in Oct. for €229  —  Today at IFA, Asus has announced the ZenWatch 3, a new Android Wear smartwatch.  It jettisons everything that was underwhelming …
Jon Brodkin / Ars Technica:
AT&T's VP of federal regulatory interests writes blog post celebrating Google Fiber's reported troubles and criticizing it for seeking government favors  —  Google Fiber's reported struggles cause AT&T to take a victory lap.  —  AT&T celebrated Google Fiber's reported struggles yesterday …
Dan Primack / Fortune:
Fantasy sports site DraftKings raises $153M from Revolution Growth and others  —  DraftKings, the controversial daily fantasy sports site, has raised $153 million in new venture capital funding, Fortune has learned.  —  New investors include Revolution Growth, an investment firm co-founded …
Elana Pidgeon / Windows Blog:
HP unveils two Windows PCs: the speaker-like Pavilion Wave starting at $550, and the Elite Slice, a modular PC starting at $949; both launch in September  —  This slideshow requires JavaScript.  —  With the HP Pavilion Wave, design, entertainment and productivity come together in an exciting new design.
Valentina Palladino / Ars Technica:
Sony unveils 5.2" Xperia XZ and 4.6" X Compact camera-focused smartphones with Snapdragon 820 CPUs, 3GB RAM; both launch in the US this fall  —  Meet the newest flagship and mini handset from Sony.  —  On the heels of releasing the Xperia X Performance smartphone a few months ago, Sony is back with another couple of handsets.

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