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August 17, 2018, 4:45 AM
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Sarah Perez / TechCrunch:
Twitter says it's ending legacy API support, used by third-party apps like Tweetbot, due to “technical and business constraints”  —  It's hard to be a fan of Twitter right now.  The company is sticking up for conspiracy theorist Alex Jones, when nearly all other platforms …
New York Times:
Sources: about 1,000 Google employees have signed a letter demanding more transparency following reports of Google developing a censored search engine for China  —  Hundreds of Google employees, upset at the company's decision to secretly build a censored version of its search engine for China …
Ryan Nakashima / Associated Press:
Google revises help page that describes how its “Location History” setting works, clarifying that it still tracks location even if the setting is turned off  —  SAN FRANCISCO (AP) — Google has revised a help page that erroneously described how its “Location History” setting works …
Jordan Novet / CNBC:
Nvidia reports Q2 revenues of $3.12B, up 40% YoY, vs. $3.1B est., net income of $1.1B, gaming business revenue of $1.81B, and data center revenue of $760M  —  Nvidia stock fell by 6 percent on Thursday after the company reported better-than-expected earnings and lower-than-expected revenue guidance.
Dan Primack / Axios:
DoorDash raises $250M at a $4B valuation, says it met or exceeded most of metrics set during its March Series D and had 250% YoY growth in delivery volume  —  Food delivery startup DoorDash on Thursday said it has raised $250 million in new venture capital funding at a $4 billion post-money valuation.
Erin Pearson / The Age:
Unnamed Melbourne-based 16-year-old pleads guilty to repeatedly breaching Apple's systems and downloading 90GB of sensitive files  —  A Melbourne private schoolboy who repeatedly broke into Apple's secure computer systems is facing criminal charges after the technology giant called in the FBI.
Nikkei:
Sources: Google is preparing to launch its own smart speaker with a display for the holiday season; 3M units are planned for first batch  —  Taiwan suppliers told to prepare for hardware blitz to challenge Amazon  —  TAIPEI — Google is preparing to release a smart speaker equipped …
Josh Constine / TechCrunch:
Facebook says it's begun removing content violating its drug policies and has blocked hundreds of search terms and search suggestions associated with drug sales  —  Facebook's role in the opioid crisis could become another scandal following yesterday's release of harrowing new statistics from the Center for Disease Control.
Marguerite Reardon / CNET:
In Senate hearing, Ajit Pai says he doubted claims FCC's comment system was taken down by an attack, but says IG asked him to keep quiet until the full report  —  FCC chairman Ajit Pai was on the defense Thursday during a Senate oversight hearing when he was questioned about why he didn't correct …
Allison Schiff / AdExchanger:
RevJet, which helps marketers test and manage digital advertising, offers ad-serving features like DoubleClick's, raises $21M Series A led by Nautic Partners  —  RevJet wants to be an operating system for the customer experience, and it's using a $21 million Series A round to get there.
Zach Dorfman / Foreign Policy:
Current and former US officials say CIA's communication system used for sources in China was compromised, leading to China executing ~30 US spies from 2010-2012  —  The number of informants executed in the debacle is higher than initially thought.  —  It was considered one of the CIA's worst failures …
Jack Ellis / Tech in Asia:
Vietnamese online marketplace Sendo raises $51M Series B led by SBI Group, with participation from SoftBank and others, and says it has 300K sellers  —  Major investment players like SoftBank and SBI Group are betting big on Vietnam's burgeoning ecommerce market with their latest investment.
Frederic Lardinois / TechCrunch:
Credit Karma acquires mortgage platform Approved for an undisclosed sum, says it's a natural next step to get into the mortgage business  —  Credit Karma, the service best known for providing free credit score monitoring and other financial advice (mostly to millennials), is getting into the mortgage business.
More: PYMNTS.com
Steve Dent / Engadget:
Sony says it has sold 3M PlayStation VR headsets since their fall 2016 launch, up from 2M at the end of 2017  —  Sony announced that it has sold 3 million PlayStation VR (PSVR) headsets as of the end of July, showing that its popularity has declined little since the fall 2016 launch.

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This is a Techmeme archive page. It shows how the site appeared at 4:45 AM ET, August 17, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

More News

David Gorman / The Irish Times:
Web Summit founder Paddy Cosgrave withdraws invitation to French far right politician Marine Le Pen after having defended it in a Medium post

Earlier Picks

Bloomberg:
Tencent's recent profit drop and China's freeze on game approvals shows the downsides of government patronage
Dustin Volz / Wall Street Journal:
Sources: President Trump has reversed classified Obama-era rules governing use of cyberweapons in an effort to loosen restrictions on such operations
John Herrman / New York Times:
Unlike smaller web forums, centrally run social media platforms like Twitter are just too big to nurture healthy online communities
Arjun Panchadar / Reuters:
Report: Uber has been urged by investors to sell off its self-driving car unit, which has lost $125M-$200M per quarter over the last 18 months
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