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December 14, 2018, 6:55 PM
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Top News

Josh Constine / TechCrunch:
Facebook says that between Sept. 13 and Sept. 25 a photo API bug gave user-approved apps access to photos that were uploaded but never shared by ~6.8M users  —  Reset the “days since the last Facebook privacy scandal” counter, as a Facebook has just revealed a Photo API bug gave app developers …
Jeff Grubb / VentureBeat:
Discord says its PC game store will offer a 90/10 revenue split when it opens for all game developers in 2019  —  The video game industry is witnessing the death of the standard revenue split for distribution platforms.  For years, stores like Steam have taken 30 percent of every sale.
Reuters:
Sources: T-Mobile and Sprint expect prompt merger approval from CFIUS after SoftBank, Deutsche Telekom agree to consider curbing the use of Huawei's equipment  —  WASHINGTON/NEW YORK (Reuters) - T-Mobile US Inc and Sprint Corp expect their merger to be approved by a U.S. national security panel …
Julie Verhage / Bloomberg:
SIPC, which insures funds in brokerage accounts, disputes Robinhood's claims that money in newly launched checking and savings accounts is protected by the SIPC  —  The Securities Investor Protection Corp. said a new checking account from Robinhood Financial LLC raises red flags …
Josh Constine / TechCrunch:
Robinhood launches checking and savings accounts in the US with a 3% interest rate and no minimum balance or fees for overdrafts or foreign transactions
Bernadette Tansey / Xconomy:
Udacity, which has 10M+ registered users from 160+ countries, says 50,000 students have graduated from its nanodegree programs that cost between $1K and $2.4K  —  Bernadette Tansey  —  Udacity, a pioneer in the online teaching of IT skills, is celebrating a milestone today …
Bloomberg:
In a court filing, Apple argues that China's ban on the sale of some iPhones, which it is appealing, would force it to settle its licensing battle with Qualcomm  —  Apple Inc. said a Chinese ban on the sale of some models of the iPhone will force it to settle a long and bitter licensing battle …
Eduard Kovacs / SecurityWeek:
Italian energy company Saipem was hit by a new variant of the notorious Shamoon disk-wiping malware, which attacked Saudi Arabian oil giant Aramco in 2012  —  Italian oil and gas services company Saipem has confirmed that its systems were hit recently by a new variant of the notorious Shamoon malware.
Romain Dillet / TechCrunch:
Revolut gets a European banking license via the Bank of Lithuania, which allows it to offer services like current accounts and non-prepaid debit cards across EU  —  Fintech startup Revolut is now officially a bank.  While the startup initially expected to get its European banking license during …
Alex Sherman / CNBC:
Sources: private equity firm Thoma Bravo is in early talks to acquire McAfee from TPG and Intel for a “significant premium” on McAfee's 2016 valuation of $4.2B  —  - Private equity firm Thoma Bravo is in early talks to acquire all of McAfee from TPG and Intel, sources say.
Nick Statt / The Verge:
Facebook adds a custom-built browser and support for its Instant Games platform to its Portal devices  —  Making its dedicated video chat screen more interactive  —  A new update out today for Facebook's Portal devices adds some much-needed features to the dedicated video chat screens.

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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

Justin Sink / Bloomberg:
The White House is eliminating the traditional press pool access for wire services after a court ordered the administration to lift its restrictions on the AP

Sewell Chan / Columbia Journalism Review:
Houston Landing, a nonprofit that launched in 2023 with $20M+ in philanthropic funding, says it is shutting down mid-May and laying off its 43 employees

Financial Times:
CNN CEO Mark Thompson says the company plans to roll out a “suite” of digital subscription services, including at least one in 2025, to combat TV's decline

More News

Adi Robertson / The Verge:
Spammers are emailing businesses, schools, and other locations in the US, Canada, and New Zealand, demanding bitcoin as ransom to not detonate a supposed bomb

Earlier Picks

Zac Hall / 9to5Mac:
Apple is notifying artists that it is removing their ability to post to Apple Music Connect and is removing previously posted content from Artist Pages
Kent Walker / Google:
Google says it won't sell general-purpose facial recognition APIs before working through “important technology and policy questions”
Sam Levin / The Guardian:
Some current and former fact-checkers say Facebook has ignored their concerns, that they have been used for PR, and that they have lost trust in the company
Amy Gesenhues / Marketing Land:
Facebook says it is rolling out Watch globally on desktop and Facebook Lite and expands availability of Ad Breaks, 15-second in-stream ads, to 14 more markets
Arielle Pardes / Wired:
Postmates announces Serve, an autonomous rover launching soon in LA, and says it now averages 4M deliveries per month in 550+ cities
Ina Fried / Axios:
Apple announces a $1B Austin campus initially for 5,000 workers, new offices in Seattle, San Diego, and Culver City, and expansions in several other US cities
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