Techmeme
June 25, 2018, 5:05 PM

Top News

Bloomberg:
Sources: Apple to unveil high-end water resistant AirPods with noise-cancellation, studio-quality over-ear headphones, and a new HomePod as early as next year  —  - High-end AirPods and over-ear headphones coming next year  — Foxconn to build AirPods; Inventec may lose some HomePod work
The Intercept:
Documents and sources detail how the NSA taps into the data between AT&T, its partners, and customers, making the telco essential to US surveillance efforts  —  The secrets are hidden behind fortified walls in cities across the United States, inside towering, windowless skyscrapers …
Lara O'Reilly / Wall Street Journal:
AT&T confirms it will buy AppNexus, which operates one of the largest independent ad exchanges; sources last week said the price was expected to be around $1.6B  —  Following acquisitions of AppNexus and Time Warner, telecom giant wants to do more than capitalize on its own content
Ben Thompson / Stratechery:
Intel's integrated model served it well for 35 years, but now it is the straitjacket that has hemmed in the chip maker in the mobile era  —  Last week Brian Krzanich resigned as the CEO of Intel after violating the company's non-fraternization policy.  The details of Krzanich's departure …
Sean Keane / CNET:
Amazon's Whole Foods to expand 10% discount on some items for Prime members to all stores across US starting June 27  —  Amazon said Monday that its Prime membership discounts are coming to all Whole Foods across the US.  —  From Wednesday, Prime members can get a 10 percent discount …
Sarah Perez / TechCrunch:
PayPal's Venmo follows Square by officially launching its own MasterCard-branded debit card in the US, following beta tests of a now-discontinued Visa card  —  Venmo today is officially introducing its own debit card in partnership with MasterCard, following beta tests of a Visa-branded debit card last year.
Bob Davis / Wall Street Journal:
Sources: Trump admin planning rules to block firms with >25% Chinese ownership from buying firms with “industrially significant” tech, plus new export controls  —  Treasury is crafting rules that would block firms with at least 25% Chinese ownership from buying companies involved in ‘industrially significant technology’
The Verge:
Kate Rooney / CNBC:
a16z has raised $300M for its first crypto-focused fund, bringing on former US DoJ prosecutor Katie Haun as a general partner to lead the effort  —  - Andreessen Horowitz is “investing aggressively” in crypto, even as bitcoin and other cryptocurrencies have dropped by more than 50 percent this year.

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