posted 2 days ago on techmeme
Jemima Kelly / Reuters: Europe's first regulated bitcoin product, an asset-backed exchange-traded instrument that will invest exclusively in the digital currency, launches in Gibraltar  —  Europe's first regulated bitcoin product - an asset-backed exchange-traded instrument that will invest exclusively in the digital currency …

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Anthony Ha / TechCrunch: Verizon Q2 misses on declining sales of $30.5B, beats with EPS of $0.94  —  Verizon yesterday announced a landmark deal to purchase Yahoo's core business for $4.83 billion, but judging from its just-released second quarter earnings report, the telecom giant continues to feel the pressure of declines in its legacy business.

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Jordan Novet / VentureBeat: Microsoft launches Researcher and Editor in Word, Zoom in PowerPoint  —  Microsoft today is announcing new features that are coming to its Word, PowerPoint, and Outlook applications.  —  One new feature in Word, named Editor, is particularly notable because it will help users improve …

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Ingrid Lunden / TechCrunch: Confirmed: Hailo sells 60% of company to Daimler as it merges with MyTaxi  —  Some more movement and consolidation is afoot in the on-demand transportation industry, specifically in Europe.  Today, Hailo is announcing that it has sold 60% of its company to Mercedes-Benz owner Daimler …

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Kunal Dua / NDTV Gadgets360.com: Amazon Prime Delivery launches in India, Prime Video coming later  —  Amazon has finally launched its Prime subscription service in India.  Users can sign up for Amazon Prime via the Amazon website, starting with a 60-day free trial.  If you sign up now, Amazon Prime will cost Rs.

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posted 2 days ago on techmeme
Google Lat Long: Google Maps gets a cleaner look, highlights busy areas of interest with orange shading, changes color scheme to differentiate between natural/man-made objects  —  The real world is changing every second and Google Maps is changing with it.  Most often these changes happen behind the scenes …

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posted 2 days ago on techmeme
Cecilia Kang / New York Times: Amazon partners with British govt. to test drones beyond the line of sight and to determine whether a single operator can command multiple drones simultaneously  —  WASHINGTON — Amazon has partnered with the British government to significantly expand drone testing, a move that could allow …

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posted 3 days ago on techmeme
Ben Schoon / 9to5Google: Updated Google phone app warns about incoming spam calls on Nexus and Android One devices when caller ID is enabled  —  No one enjoys getting random, unwanted phone calls, especially on their mobile phone.  Thankfully Google is doing something about it, at least for Nexus and Android One users.

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Steve Kondik / CyanogenMod: Cyanogen founder says CyanogenMod will not be shelved, dismisses rumors of “pivot” to apps, will provide more information soon  —  I wanted to quickly address the circus of misinformation which has sprung up recently, particularly for everyone who uses CM or has been involved with the project.

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posted 3 days ago on techmeme
Sarah Perez / TechCrunch: Twitter tries to explain itself as a breaking news site in new marketing campaign  —  Do you have to tweet to use Twitter?  Is Twitter a social network?  Many people still think so because the company has failed to properly position itself - and its broader use cases - to the general public throughout the years.

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posted 3 days ago on techmeme
William Alden / BuzzFeed: Zenefits settles for $62,500 with Tennessee over insurance violations, will keep operating in state, creates precedent for talks with other regulators  —  The deal, which will allow Zenefits to continue operating in Tennessee, gives the startup a precedent to use in negotiations with regulators in other states.

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posted 3 days ago on techmeme
Matt Hamblen / Computerworld: With Yahoo buy, Verizon hopes to stay competitive in digital ad market  —  After months of rumors, Verizon announced Monday that it is buying Yahoo's core business for $4.83 billion in a deal designed to make Verizon competitive as a global mobile media and digital advertising company.

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posted 3 days ago on techmeme
Tom Warren / The Verge: Windows 10 Anniversary Update brings minor tweaks like improved Windows Ink support, Edge extensions, dark theme and other UI refinements, new Skype app, more  —  In just a few short days, Microsoft will be celebrating Windows 10's first birthday.  It has been a busy year that has seen …

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Ainsley O'Connell / Fast Company: Verizon EVP Walden on reasons for Yahoo deal: need for ad inventory and quick audience growth to fuel media empire ambitions, 600M monthly mobile users, more  —  Verizon EVP Marni Walden explains why Verizon just paid $4.8 billion for Yahoo.  One big reason?  Yahoo's 600 million monthly mobile users.

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Kara Swisher / Recode: Interview with AOL's Tim Armstrong on why he pushed Verizon to buy Yahoo, integration between the companies, and Mayer's probable departure  —  The new majordomo of the combined unit says there's new structure to come  —  Today, in an interview after the deal that everyone knew was coming …

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posted 3 days ago on techmeme
CBS News: FBI is investigating suspected Russian hack of DNC, which led to an email trove on Wikileaks  —  WASHINGTON — The FBI confirmed Monday that it's investigating the hack involving Democratic National Committee (DNC) emails.  —  “The FBI is investigating a cyber intrusion involving the DNC …

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Ingrid Lunden / TechCrunch: Security-as-a-service startup StackPath nabs $180M, 4 acquisitions including MaxCDN  —  A mass migration of IT services to the cloud, coupled with a huge growth of connected devices, has created a perfect storm for security breaches with some 400 million malware attacks identified last year alone according to IDC.

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Matthias Verbergt / Wall Street Journal: Ericsson CEO Hans Vestberg ousted after profit plunge, following layoffs of 8,000 at the firm this year, with plans for more; CFO to take reins as interim CEO  —  Move comes as the Swedish telecom-equipment maker struggles with slowing demand and fierce competition

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Ingrid Lunden / TechCrunch: Remaining Yahoo to rebrand after sale of assets to Verizon in 2017  —  One asset that Verizon will be getting as part of its $4.83 billion acquisition of Yahoo's core assets, which it did not specifically mention in its big announcement today, is Yahoo's (in)famous brand — main name, purple color and exclamation mark all included.

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posted 3 days ago on techmeme
Daisuke Wakabayashi / Wall Street Journal: Sources: Apple taps highly regarded hardware executive Bob Mansfield to oversee car project  —  Highly regarded executive helped bring to market many of Apple's signature products  —  Apple Inc. has tapped a highly-regarded senior executive who helped bring to market many of Apple's signature products …

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posted 3 days ago on techmeme
Susan Decker / Bloomberg: ITC judge invalidates Fitbit's patents in Jawbone lawsuit, cancels the trial set for August  —  Fitbit Inc.'s three patents used in its case against Jawbone Inc. are invalid, a U.S. trade judge said as he canceled an August trial between the rival makers of fitness devices.

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John Cook / GeekWire: Redbox and Coinstar maker Outerwall agrees to $1.6B buyout from private equity firm  —  Outerwall, the Bellevue-based operator of Redbox movie rental kiosks and Coinstar coin counting machines, today announced that it has entered into a deal to be acquired by Apollo Global Management for $52 per share in cash.

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Aaron Back / Wall Street Journal: After announcing deal with Visa, PayPal stock had its biggest single day drop since splitting from eBay, as investors fear increased transaction costs  —  PayPal has gained access to Visa's mobile-payments system but given up a lot in return  —  PayPal has buried the hatchet with Visa, but the peace has come at a great cost.

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Yahoo: Marissa Mayer says she plans to stay at Yahoo, in email to worldwide employees  —  Today is a big day for Yahoo! This is the email that I sent to Yahoos around the world today.  Given the interest around our journey to this point, I wanted to share more about today's announcement.  -Marissa

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Verizon Communications Inc.: Verizon confirms plans to acquire Yahoo's Internet business for $4.83B in cash; deal excludes some IP, stakes in Alibaba and Yahoo Japan  —  Transaction will create a new rival in mobile media technology reaching over 1B users* with an unrivaled roster of the world's most beloved brands

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