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August 17, 2018, 1:30 PM
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Top News

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 …
Jeff Grubb / VentureBeat:
Twitch says some downloadable archives of a discontinued Messages feature included private messages of other users  —  Twitch is warning users that it may have exposed some of their messages to other users.  The livestreaming site has sent out emails today to a number of its broadcasters …
More: Polygon and KnowTechie
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 …
Ingrid Lunden / TechCrunch:
Intel buys deep-learning startup Vertex.AI to join its Movidius unit; Vertex says Intel will continue to develop its PlaidML engine as an open source project  —  Intel wants to bring more artificial intelligence technology into all aspects of its business, and today it is stepping up its game a little in the area with an acquisition.
Natasha Singer / New York Times:
Facebook faces continuing calls for regulation of microtargeted ads in US and Europe after probes of Internet Research Agency and Cambridge Analytica data use  —  Facebook has made a mint by enabling advertisers to identify and reach the very people most likely to react to their messages.
More: Recode
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.
Jeremy Kahn / Bloomberg:
A look at Europe's struggle to build a truly global tech giant and some of the challenges facing its startup ecosystem  —  This is the best moment in decades for the continent to battle its way back to relevance.  Its startups need to act like it.  —  Jeez, Europe, what more do you need?
Sarah Perez / TechCrunch:
comScore: pure play streaming services like Sling TV and DirecTV Now reach 5% of US Wi-Fi households, up 58% since last year  —  The number of U.S. households watching streaming TV services - those that deliver cable TV-like programming over the internet - has grown a remarkable 58% over last year, according to new data from comScore.
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.

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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”

Katie Robertson / New York Times:
The NYT reports adding 260K digital subscribers in Q3, for 11.9M in total, with digital ad revenue up 8.8% YoY to $81.6M, and The Athletic had its first profit

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

More News

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

Earlier Picks

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
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
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