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January 18, 2018, 11:45 AM
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Mark Gurman / Bloomberg:
Sources: Apple will issue each employee below director level a $2.5K bonus in restricted stock grants, following passage of tax overhaul, over coming months  —  Company giving bonuses to most global employees in stock units  —  Bonus program follows Apple pledge to increase U.S. spending
Apple:
Apple says it plans a $350B “direct contribution” to US economy over next five years through repatriating overseas profits, new infrastructure projects, more  —  $350 Billion Contribution to US Economy Over Next Five Years  —  Cupertino, California — Apple today announced …
Horace Dediu / Asymco:
A comprehensive look at Apple's cash reserves, how it uses them, and why it is repatriating its foreign cash to US and paying $38B, or ~15% tax on it  —  - How much cash does Apple have?  —  To the nearest million, as of the end of September 2017, Apple's cash and investments totaled $268,895,000,000.
Anita Balakrishnan / CNBC:
Apple says it expects to make tax repatriation payments of ~$38B and plans to open new US campus later this year that will initially house customer tech support
Mariella Moon / Engadget:
Intel admits Spectre and Meltdown patches also affect newer Skylake and Kaby Lake chips, with performance impact between 2% and 25%, promises fix next week  —  Intel has revealed that even its newer CPUs are affected by the frequent reboot problems brought about by the Spectre/Meltdown patches.
Bloomberg:
A behind the scenes look at Travis Kalanick's fall at Uber: from Susan Fowler's blog post and Waymo's lawsuit to the fight with Benchmark Capital's Bill Gurley  —  Silicon Valley CEOs are supposed to be sacrosanct.  So how did it all go wrong at Uber?  —  A year ago, before the investor lawsuits …
Todd Bishop / GeekWire:
Amazon narrows HQ2 search to 20 cities from 238 proposals, 19 in the US and Toronto in Canada, and says it expects to make a decision in 2018  —  Amazon has selected 20 cities to move to the next phase in its HQ2 selection process, the latest twist in an unprecedented headquarters search that has turned into a national curiosity.
Benjamin Mayo / 9to5Mac:
Tim Cook says users will be able to turn off battery management feature that reduces iPhone performance in future iOS update  —  Apple had already said that a future iOS update will give users more insight into the state of their battery.  In an interview with ABC News …
Dean Takahashi / VentureBeat:
Microsoft promotes Minecraft boss Matt Booty to corporate VP of Microsoft Studios to oversee game development and publishing for console, PC, and mobile  —  Microsoft has promoted Matt Booty, a leader in the Minecraft games business, as corporate vice president of Microsoft Studios …
Frederic Lardinois / TechCrunch:
Google's Project Fi now caps data bills at $60, entering the crowded market of “unlimited data” plans, will throttle speeds at 15GB  —  Google's Project Fi cell service never played the “unlimited data” game that most carriers in the U.S. like to play (and which is never truly unlimited).
Russell Brandom / The Verge:
Researchers find that COMPAS algorithm, used to determine if a defendant will reoffend, is no better than average person's guess; developer disputes findings  —  Our most sophisticated crime-predicting algorithms may not be as good as we thought.  A study published today in Science Advances takes …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:45 AM ET, January 18, 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

John Koblin / New York Times:
NBC names Craig Melvin as Hoda Kotb's successor on Today, teaming up with Savannah Guthrie, starting January 13; Melvin has been Today's news anchor since 2018

Christopher Grimes / Financial Times:
Analysts say Netflix's live boxing match Friday night between Mike Tyson and Jake Paul is designed to get new subscribers, particularly on its ad-supported tier

E.J. Dickson / The Cut:
Some lifestyle social media influencers, especially prominent wellness figures, publicly announce their support for Trump as fear of losing brand deals fades

More News

Mix / The Next Web:
How Bitconnect, once worth $2.6B+, got so big via promises of daily 1% returns, multi-level marketing schemes, and spamming Google via its own “news” blog posts

Earlier Picks

Sarah Perez / TechCrunch:
Google to make page speed a factor in mobile search ranking starting in July, says change will only affect pages that “deliver the slowest experience to users”
Casey Newton / The Verge:
Facebook begins testing Watch Party, a new feature for groups that lets members watch videos simultaneously while continuing to comment and interact
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