Techmeme
February 14, 2019, 10:10 AM

Top News

Hugh Son / CNBC:
JP Morgan has created the JPM Coin, a digital token that will be used to instantly settle transactions, with trials set to start in a few months  —  - Engineers at the lender have created the “JPM Coin,” a digital token that will be used to instantly settle transactions between clients of its wholesale payments business.
Bloomberg:
Sources: Apple will unveil both its video and news subscription offerings at a March 25 event  —  - Company also plans to unveil news service at March 25 event  — New subscription offerings may boost revenue of key segment  —  Apple Inc. is planning to unveil video …
Alex Sherman / CNBC:
Sources: Apple plans an April or May launch date for its video streaming service, but Netflix won't participate and HBO hasn't committed  —  - Apple is targeting April to debut a new streaming product that will include original content free for Apple device owners and a platform to subscribe to other digital media services.
Peter Kafka / Recode:
Apple has signed many publishers to its upcoming news service with a 50% revenue split, sources say, but that split likely won't satisfy major newspapers  —  Magazine publishers are on board with Apple's new subscription news service.  Newspapers aren't.  —  Apple says it wants to help save journalism.
John Paczkowski / BuzzFeed:
Reuters:
Illicit software distributors are using iOS enterprise developer certificates to distribute hacked versions of popular apps like Spotify and Minecraft  —  SAN FRANCISCO (Reuters) - Software pirates have hijacked technology designed by Apple Inc to distribute hacked versions of Spotify …
James Vincent / The Verge:
EU negotiations on Copyright Directive overhaul come to a close, with Article 11 and 13 largely intact; legislation now heads to EU Parliament for approval  —  The hated Articles 11 and 13 remain intact after final efforts to remove them failed  —  Last-minute negotiations over the wording …
Stephen Nellis / Reuters:
Apple says it will resume selling banned iPhone 7 and 8 models in Germany using only chips from Qualcomm, says it had “no choice” but to stop using Intel chips  —  (Reuters) - Apple Inc said Thursday that it will resume selling older iPhone models in its stores in Germany …
TechCrunch:
Alibaba's Ant Financial buys London-based payments company WorldFirst in a deal that sources say is valued at around $700M  —  Ant Financial, the financial services giant affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe.
Nikkei:
Sources say Google plans to unveil a lower-priced smartphone in 2019, and expect it to be cheaper than the iPhone XR, which starts at $749  —  Tech giant seeks to exploit Apple woes to drive hardware expansion  —  TAIPEI — Google plans to unveil its first lower-priced smartphone this year …
Kate Fazzini / CNBC:
Google says it will spend $13B this year on expanding data centers and offices across the US, adding a new office in Virginia as it doubles its workforce there  —  - Google doubled capital spending in 2018, but CFO Ruth Porat said that should “moderate” this year.
Andrii Degeler / Tech.eu:
Paris-based freelance marketplace Malt raises $25M round led by Idinvest, will use the capital injection to expand to Germany and the Netherlands  —  Paris-based freelance platform Malt has landed $25 million in a funding round led by Idinvest, with participation from existing investors, ISAI and Serena, Maddyness reported.
Chance Miller / 9to5Mac:
Twitter says it is testing a pop-up menu to view previews of profiles without leaving the timeline in its iOS app  —  Twitter announced today that it is testing a new way to quickly preview profiles in its iOS app.  With this change, you can now get a quick glimpse at another user's profile without having …
Niraj Chokshi / New York Times:
FTC: Americans lost ~$143M to online dating scams in 2018, which was number one in terms of dollar loss when compared to other types of fraud the agency tracks  —  Love is in the air, but don't let it cloud your judgment — or it might cost you.  —  Americans looking for love lost …
Faine Greenwood / Slate:
Humanitarians urge the UN World Food Programme to reconsider the terms and scope of its partnership with Palantir, since it is unclear why Palantir was chosen  —  The infamous data-analytics firm is now working with one of the planet's largest aid organizations.  What could go wrong?
Catherine Shu / TechCrunch:
Instagram says it expects to resolve an issue causing follower number changes for some users by 9am PST Thursday; some reported thousands of followers lost  —  Instagram confirmed today that an issue has been causing some accounts' follower numbers to change.

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