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Techmeme
January 30, 2018, 4:10 PM
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Top News

Ina Fried / Axios:
Sources: Apple is delaying some planned iOS updates, including improvements to core apps, to next year in order to focus on performance and reliability issues  —  Apple has shaken up its iOS software plans for 2018, delaying some features to next year in an effort to put more focus …
Kurt Wagner / Recode:
Facebook says it's banning all ads for cryptocurrencies, ICOs, and binary options to avoid “misleading or deceptive promotional practices”  —  It's an “intentionally broad” policy aimed at stopping scammers.  —  Facebook is banning all ads that promote cryptocurrencies …
Bloomberg:
Sources: US DoJ and SEC are investigating whether Apple violated securities laws concerning its disclosures about update that slowed iPhones with old batteries  —  The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc. violated securities laws concerning …
Jeff Cox / CNBC:
Amazon, Berkshire Hathaway, and JPMorgan Chase partner to cut employee healthcare costs, will create a company targeting healthcare technology solutions  —  - Amazon, Berkshire Hathaway, and JPMorgan Chase on Tuesday announced plans to partner on ways to cut health care costs and improve services for U.S. employees.
Matthew Leising / Bloomberg:
Source: US CFTC subpoenaed Bitfinex and its subsidiary Tether, amid lack of evidence that Tether's USDT, pegged to USD, is backed by sufficient reserves  —  Firms say they routinely get ‘legal process’ from regulators  —  Tether has yet to verify that it holds $2.3 billion in reserve
Wall Street Journal:
Source: Apple to curtail iPhone X production in the first quarter to ~20M handsets, down from ~40M initially planned, due to weak demand  —  Company will offer its first report on iPhone X sales when it reports earnings Thursday  —  Apple Inc. AAPL -2.07% is slashing planned production …
Bloomberg:
Sources: Verizon has dropped all plans to sell phones made by Huawei, including the new Mate 10 Pro, after facing pressure from the US government  —  Carriers pressured by U.S. government to avoid handset maker  —  Perceived threat draws Trump team proposal for nationalization
Jon Russell / TechCrunch:
Google completes its $1.1B HTC deal involving the transfer of 2,000+ engineers and a non-exclusive license for HTC's intellectual property  —  Google has announced the completion of its $1.1 billion deal to buy a large slice of HTC's hardware business.  —  The acquisition was announced …
Josh Constine / TechCrunch:
Snap debuts new styles for its Bitmoji called Bitmoji Deluxe, now offers 40 skin tones, up from 25, twice as many hair colors, and 50 hair treatment options  —  Now you can customize your Snapchat Bitmoji avatar with 40 skin tones, 50 hair colors, 50 hair treatment options and more so it looks …
Andrew J. Hawkins / The Verge:
Waymo says it will buy “thousands” more Chrysler Pacifica self-driving minivans from Fiat Chrysler, with the first deliveries starting at the end of 2018  —  Google's self-driving unit deepens its partnership with one of Detroit's Big Three  —  Waymo, the self-driving unit …
Hamza Shaban / Washington Post:
Over 100 child advocates, pediatric and medical experts urge Facebook to discontinue Messenger Kids, saying it poses health and development risk to children  —  More than 100 child advocates, civil society groups, medical experts and other individuals are urging Facebook to discontinue …
Nico Grant / Bloomberg:
Google partners with MobileIron, which offers a cybersecurity tool for phones, to create a new marketplace for cloud services, to challenge Amazon  —  The tool will increase Google G Suite's application offerings  —  Alphabet Inc.'s Google is launching a digital store offering cloud-based software …
Alan Travis / The Guardian:
UK court of appeal rules mass digital surveillance powers under the Data Retention and Investigatory Powers Act are unlawful  —  Appeal ruling means significant parts of 'snooper's charter' legislation must be changed … Appeal court judges have ruled the government's mass digital …
Bérénice Magistretti / VentureBeat:
Next Trucking, which matches shippers and truck carriers through an online marketplace, raises $21M Series B led by Sequoia Capital  —  Next Trucking, which matches shippers and truck carriers through an online marketplace, announced today that it has raised $21 million in funding, in a round led by Sequoia Capital.
More: TechCrunch
Charlie Osborne / ZDNet:
SAP to acquire Callidus Software, provider of cloud-based human resource software and other IT solutions, for $2.4B; the deal is expected to close in Q2 2018  —  SAP America's acquisition is not expected to significantly hit FY 2018 earnings.  —  SAP has announced the acquisition of Callidus Software in a deal worth $2.4 billion.

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From Mediagazer

Nectar Gan / CNN:
Chinese nationalists and state media praise Trump's decision to dismantle VOA, RFA, and other US-funded media outlets that broadcast to authoritarian regimes

Reuters:
Tencent Music reports Q4 revenue up 8.2% YoY to ~$1.03B, above ~$1.01B est., social entertainment services revenue down 13% to ~$225M, and net profit up 47.3%

New York Times:
Sources: The New Yorker has cut ties with its art critic, Jackson Arn, who joined in 2023, after complaints about his behavior at its centennial celebration

More News

Earlier Picks

Colin Campbell / Polygon:
Source: Microsoft considers buying Electronic Arts, as it seeks to increase exclusive games lineup; acquisition rumors also include Valve and PUBG
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