Techmeme
June 15, 2018, 1:50 PM

Top News

Wall Street Journal:
Sources: expensive OLEDs mean Apple expects LCD models to make up the majority of iPhone sales in its fall lineup and plans to use LCD displays next year too  —  Apple expects to sell more iPhones with LCD screens than pricey OLED models in its coming lineup: sources
Business Wire:
AT&T has completed its $85.4B acquisition of Time Warner  —  AT&T Inc. has completed its acquisition of Time Warner Inc., bringing together global media and entertainment leaders Warner Bros., HBO and Turner with AT&T's leadership in technology and its video, mobile and broadband customer relationships.
Dylan Byers / CNNMoney:
Oprah Winfrey signs multiyear deal for new original programs with Apple; Winfrey is expected to have an on-screen role as host and interviewer  —  Oprah shares her secrets to success with graduates  —  Apple has signed Oprah Winfrey to a multiyear deal for new original programs.
Jane Wakefield / BBC:
Reuters Institute study: usage of Facebook for news has declined in a number of countries including the US, as messaging apps like WhatsApp gain popularity  —  Fewer people are using Facebook to discover and discuss news, as messaging apps such as WhatsApp gain in popularity, a study has suggested.
Sarah Perez / TechCrunch:
Mobile payments app Venmo starts reducing the functionality of Venmo.com website beginning with the discontinuation of the ability to pay and charge someone  —  PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users.
Kiel Porter / Bloomberg:
Goldman Sachs' private equity arm and Hearst Corp. acquire online coupon and deal-sharing company Slickdeals for $500M from Warburg Pincus  —  - Deal is said to value online coupon firm at $500 million plus  — Warburg Pincus reaps 7.2 times return on the investment

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Earlier Picks

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