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Techmeme
August 17, 2018, 3:25 PM
Mediagazer memeorandum WeSmirch
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Top News

Nikkei:
Sources: Google is preparing to launch its own smart speaker with a display for the holiday season; 3M units are planned for first batch  —  Taiwan suppliers told to prepare for hardware blitz to challenge Amazon  —  TAIPEI — Google is preparing to release a smart speaker equipped …
Natasha Singer / New York Times:
Facebook faces continuing calls for regulation of microtargeted ads in US and Europe after probes of Internet Research Agency and Cambridge Analytica data use  —  Facebook has made a mint by enabling advertisers to identify and reach the very people most likely to react to their messages.
Ingrid Lunden / TechCrunch:
Intel buys deep-learning startup Vertex.AI to join its Movidius unit; Vertex says Intel will continue to develop its PlaidML engine as an open source project  —  Intel wants to bring more artificial intelligence technology into all aspects of its business, and today it is stepping up its game a little in the area with an acquisition.
Jeremy Kahn / Bloomberg:
A look at Europe's struggle to build a truly global tech giant and some of the challenges facing its startup ecosystem  —  This is the best moment in decades for the continent to battle its way back to relevance.  Its startups need to act like it.  —  Jeez, Europe, what more do you need?
Jeff Grubb / VentureBeat:
Twitch says some downloadable archives of a discontinued Messages feature included private messages of other users  —  Twitch is warning users that it may have exposed some of their messages to other users.  The livestreaming site has sent out emails today to a number of its broadcasters …
Anna Vodopyanova / CapitalWatch:
China-based CooTek, developer of TouchPal keyboard and other apps, files for NYSE IPO, says it has 132M DAUs, up 75% YoY, and $37.3M in revenues, up 239% YoY  —  A Shanghai mobile Internet company, CooTek (Cayman) Inc., is seeking to raise up to $100 million in an initial public offering …
Sarah Perez / TechCrunch:
comScore: pure play streaming services like Sling TV and DirecTV Now reach 5% of US Wi-Fi households, up 58% since last year  —  The number of U.S. households watching streaming TV services - those that deliver cable TV-like programming over the internet - has grown a remarkable 58% over last year, according to new data from comScore.
Tweets: @benbajarin
Jordan Novet / CNBC:
Nvidia reports Q2 revenues of $3.12B, up 40% YoY, vs. $3.1B est., net income of $1.1B, gaming business revenue of $1.81B, and data center revenue of $760M  —  Nvidia stock fell by 6 percent on Thursday after the company reported better-than-expected earnings and lower-than-expected revenue guidance.

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From Mediagazer

New York Times:
Sources: the White House plans to ask Congress to rescind $1.1B in federal funding for the Corporation for Public Broadcasting, which funds NPR, PBS, and others

Financial Times:
CNN CEO Mark Thompson says the company plans to roll out a “suite” of digital subscription services, including at least one in 2025, to combat TV's decline

Dominick Mastrangelo / The Hill:
The AP says its journalists were barred from an Oval Office event featuring Trump and El Salvador President Nayib Bukele in defiance of a court injunction

More News

Josh Constine / TechCrunch:
Facebook says it's begun removing content violating its drug policies and has blocked hundreds of search terms and search suggestions associated with drug sales
Dan Primack / Axios:
DoorDash raises $250M at a $4B valuation, says it met or exceeded most of metrics set during its March Series D and had 250% YoY growth in delivery volume

Earlier Picks

Ryan Nakashima / Associated Press:
Google revises help page that describes how its “Location History” setting works, clarifying that it still tracks location even if the setting is turned off
New York Times:
Sources: about 1,000 Google employees have signed a letter demanding more transparency following reports of Google developing a censored search engine for China
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