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James Rufus Koren / Los Angeles Times:
Online payday lender LendUp ordered to pay $6.3M in refunds and penalties for deceptive practices   —  Richard Cordray is director of the Consumer Financial Protection Bureau, which has fined San Francisco online lender LendUp.  Online lending start-up LendUp, which has billed itself as a better …
Sep 28, 2016, 8:50 PMIn context
Peter Kafka / Recode:
YouTube hires Lyor Cohen, who helped build Def Jam label and ran Warner Music, as Global Head of Music   —  He's going to hold on to his 300 label, which Google backed three years ago.  —  Apple Music has Jimmy and Dre.  Spotify has Troy.  —  And now YouTube has Lyor.
Sep 28, 2016, 5:55 PMIn context
Roger Parloff / Fortune:
Amazon, Facebook, Google, IBM, Microsoft launch Partnership on AI, a nonprofit to advance best practices in AI; the group isn't intended to lobby government   —  Five tech giants announced on Wednesday that they are launching a nonprofit to “advance public understanding” …
Sep 28, 2016, 5:27 PMIn context
Lara O'Reilly / Business Insider:
News Corp. invests $10M in ad tech company AppNexus, as part of $31M round, with involvement from Yahoo Japan and existing investors   —  Ad tech company AppNexus has raised a $31 million funding round, which includes a $10 million investment from News Corp, involvement from Yahoo Japan, and participation from its existing investors.
Sep 28, 2016, 12:10 PMIn context
New York Times:
Sources: after hacks and questions about security, Marissa Mayer denied Yahoo security team financial resources, rejected proposal to reset all user passwords   —  SAN FRANCISCO — Six years ago, Yahoo's computer systems and customer email accounts were penetrated by Chinese military hackers.
Sep 28, 2016, 11:50 AMIn context
Abner Li / 9to5Mac:
Google app on iOS updates with incognito mode, native YouTube playback, and Now cards renamed as “the feed”   —  Similar to Chrome, an update to the Google app for iOS today adds a new incognito mode that prevents search or browsing history from being saved.
Sep 28, 2016, 10:45 AMIn context
Roger Cheng / CNET:
BlackBerry to end in-house development of phones, will outsource design, manufacturing, and selling of devices, focus on software after taking $372M loss in Q2   —  The struggling company will cease on internal development of hardware, instead outsourcing it to partners.  It will focus instead of security and software.
Sep 28, 2016, 7:35 AMIn context
Aaron Souppouris / Engadget:
Google debuts YouTube Go app for Android with offline viewing, expands free Wi-Fi program Google Station beyond public transport sites in India   —  At an event in New Delhi, India, Google laid out plans to better serve users in the country.  These efforts broadly focus on two areas: data usage and language support.
Sep 28, 2016, 12:15 AMIn context
Frederic Lardinois / TechCrunch:
ProsperWorks raises $24M Series B led by Next World Capital for its CRM solution built on the Google for Work platform   —  ProsperWorks, a cross-platform customer relationship management (CRM) service that plugs into the Google for Work platform, today announced that it has raised a $24 million Series B funding round.
Sep 27, 2016, 6:00 PMIn context
Jordan Novet / VentureBeat:
Google Translate now converts Chinese into English with neural machine translation   —  Google today is announcing that web and mobile versions of Google Translate are now using a new neural machine translation system for all translations from Chinese into English — and the app conducts those translations about 18 million times a day.
Sep 27, 2016, 4:30 PMIn context

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