Techmeme
August 16, 2019, 12:55 PM

Top News

Jeff John Roberts / Fortune:
Coinbase has acquired the custody business of Xapo, a service best known for storing bitcoins in a vault under a Swiss mountain; source says for $55M  —  Cryptocurrency firm Coinbase has acquired the custody business of Xapo, a service best known for storing Bitcoins in a vault under a Swiss mountain.
Charlie Warzel / New York Times:
Five years later, a deep dive into Gamergate's origins and how conspiracy-fed trolling tactics it took mainstream are now central to post-truth information wars  —  On August 15, 2014, an angry 20-something ex-boyfriend published a 9,425-word screed and set in motion a series of vile events that changed the way we fight online.
Sarah Perez / TechCrunch:
YouTube changes policy: copyright owners will no longer be able to monetize creator videos with very short or unintentional uses of music via its manual tool  —  YouTube is making a change to its copyright enforcement policies around music used in videos, which may result in an increased number …
Juli Clover / MacRumors:
Apple sues mobile device virtualization company Corellium, accusing it of copyright infringement for illegally replicating iOS, along with iPhone and iPad apps  —  Apple today filed a lawsuit against Corellium, a mobile device virtualization company that supports iOS.
Biswarup Gooptu / The Economic Times:
India-based Twitter-like platform ShareChat, which supports multiple regional languages, raises $100M round led by Twitter, sources say at $600M-$650M valuation  —  Regional language social networking platform ShareChat has completed a $100 million (about Rs 718 crore) equity financing round led …
Lawrence Abrams / BleepingComputer:
Bluetooth SIG issues a security notice for the “KNOB” flaw, which allows hackers to steal data by brute forcing the encryption key used during bluetooth pairing  —  A new Bluetooth vulnerability named “KNOB” has been disclosed that allow attackers to more easily brute force …
Hilary Milnes / Digiday:
Sources and a leaked pitch deck indicate that Amazon may have offered vendors the ability to bid for an Amazon Choice badge in 2017  —  Amazon has previously offered vendors the ability to “bid” for an Amazon's Choice badge by lowering prices and spending more money on advertising …
Charlie Savage / New York Times:
In a letter to Congress, the Trump administration asks lawmakers to reauthorize a law that lets the NSA gain access to logs of phone and text records  —  The White House is seeking reauthorization of a law that lets the N.S.A. gain access to logs of Americans' phone and text records …
Paul Roberts / The Security Ledger:
Huge survey of 6K+ firmware images of devices by 18 vendors including Linksys and Netgear finds no improvement in software security and lax security standards  —  A survey of more than 6,000 firmware images spanning more than a decade finds no improvement in firmware security and lax security standards …
James Sanders / TechRepublic:
After the latest firmware update, some Surface Pro 6 and Surface Book 2 devices are throttling CPU speeds to 400 MHz; Microsoft says it is working on a fix  —  User reports indicate that an erroneously set CPU flag is sending Intel Core processors back into the Pentium II age.
FinSMEs:
Edge cloud services provider Zenlayer raises $30M Series B to expand globally with an emphasis on emerging markets like India, Indonesia, and Brazil  —  Zenlayer, a Los Angeles, CA- and and Shanghai, China-based edge cloud services provider, raised $30m in Series B funding.
The Information:
Sources: JD.com is talking with investment banks about a $500M US IPO in May for its online supermarket unit Dada-JD Daojia; Walmart owns 10% of Dada-JD Daojia  —  Chinese online retailer JD.com is in talks with bankers to list shares of its online supermarket joint venture in the U.S. next May …
More: Seeking AlphaTweets: @amir
Ian King / Bloomberg:
Nvidia beats Q2 expectations with revenues of $2.58B, down 17% YoY, gaming chip sales of $1.3B, up 24% from Q1, and data center revenues of $655M, up 3% QoQ  —  - Chipmaker says all markets grew sequentially in quarter  — Stock rallies on optimism for end to inventory slump
Akanksha Rana / Reuters:
Report: Alibaba to buy NetEase's Kaola, one of the biggest Chinese shopping sites for imported goods, for $2B in cash  —  (Reuters) - Alibaba Group Holding Ltd has agreed to pay $2 billion in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported on Friday.  (bit.ly/2HcCI6C)

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Passkeys Week for a passwordless future: Learn how Zoho is embracing passkeys  —  Passkeys are the modern-day alternative authentication method that was introduced to replace traditional passwords for enhanced security and convenience.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Tue. 11/19 - Microsoft Ignite
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, August 16, 2019.

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.

More News

Karl Bode / VICE:
Aric Toler / bellingcat:
Jonathan Shieber / TechCrunch:

Earlier Picks

Shirin Ghaffary / Vox:
Elizabeth Lopatto / The Verge:
The Information:
Sean O'Kane / The Verge:
The Keyword:
April Glaser / Slate: