Techmeme
February 12, 2018, 2:10 PM

Top News

Wired:
A behind-the-scenes look at two tumultuous years at Facebook as it battled with fake news, its impact on the election, global affairs, and users' minds  —  ONE DAY IN late February of 2016, Mark Zuckerberg sent a memo to all of Facebook's employees to address some troubling behavior in the ranks.
Mark Gurman / Bloomberg:
Sources: Apple is changing its iOS development strategy, moving away from an annual schedule crammed with major features and prioritizing reliability  —  The company is shaking up its development program to focus more on key features and push back others to the following year.
Bloomberg:
Sources: Android P to have deeper Google Assistant integration, better battery life, support for iPhone X-like notches, multiple screens, and foldable displays  —  Search giant tries again to win over valuable iPhone users  —  Android P to integrate more tightly with Google's Assistant
Matt Day / The Seattle Times:
Source: in a rare cutback, Amazon is laying off several hundred corporate employees in Seattle and hundreds elsewhere across its global operations  —  Amazon is cutting several hundred jobs in Seattle, and hundreds elsewhere, a rare layoff that appears to fall predominantly on its established consumer retail business.
Steven Musil / CNET:
SEC filing: Apple, LG, Valve invest in $10M secondary share offering by eMagin, a NY-based manufacturer of OLED microdisplays, which can be used in VR headsets  —  A small company that makes OLED microdisplays is getting some attention from tech giants with big plans for virtual and augmented reality.
Kurt Wagner / Recode:
eMarketer says Facebook lost ~2.8M US users under 25 in 2017, predicts it will lose ~2.1M in 2018; Instagram's US users will grow 13%, Snapchat's by 9% in 2018  —  That's according to research firm eMarketer.  —  Facebook is losing young users even quicker than expected, according to new estimates by eMarketer.
Ingrid Lunden / TechCrunch:
YapStone has raised $71M in Series C financing, aiming for $100M+, to take on PayPal, Stripe, and more in marketplace payments  —  While a part of the fintech world remains abuzz with crypo-talk, a startup that's built a business around the more traditional world of payments has raised …
More: PR Newswire and PE Hub BlogTweets: @ingridlunden
Alex Heath / Cheddar:
Source: Snap's VP of Sales Jeff Lucas has left the company after joining less than two years ago  —  Jeff Lucas, Snap Inc.'s VP of Sales, has left the company, Cheddar has learned.  —  His departure comes after working for less than two years at Snap, which he joined after serving as ad sales chief at Viacom.
More: Seeking AlphaThanks:@jonsteinberg

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.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
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.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
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 2:10 PM ET, February 12, 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.

More News

Earlier Picks

Charlie Warzel / BuzzFeed:
Chris Williams / The Register: