posted 3 days ago on techmeme
Nick Wingfield / New York Times: To avoid the mistakes of the past, Microsoft CEO Satya Nadella has asked LinkedIn CEO Jeff Weiner to continue running the company, which brings 10K new staff  —  SEATTLE — Microsoft announced on Thursday that it had completed its $26.2 billion acquisition of LinkedIn, the social network for professionals.

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Satya Nadella / LinkedIn: Microsoft closes LinkedIn acquisition, will pursue specific integration scenarios like LinkedIn identity in Office, notifications within Windows, and more  —  Today is an exciting day, one I've been looking forward to since June.  It marks the close of the agreement for Microsoft …

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Steve McClellan / MediaPost: WPP CEO Martin Sorell says the ad firm will spend $70M on Snapchat this year, versus $5.5B on Google, up from $4B a year ago, and $1.75B on Facebook  —  Facebook may have issues with measurement, but they don't appear to be hampering the social media giant's advertising growth.

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Mark Scott / New York Times: European Commission report: IT companies, including Facebook, Google, Twitter, and Microsoft only review 40% of material flagged as hate speech within 24 hours  —  European officials pushed on Tuesday for American technology giants to do more to tackle online hate speech across the region …

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Bloomberg: Sources: Samsung to release Galaxy S8 next year with bezel-less wraparound OLED display and a virtual home button that will be buried under the display  —  March release said to face potential delay on testing  —  Company needs a hit product after exploding Note 7 debacle

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Ingrid Lunden / TechCrunch: Used-car marketplace Beepi shutting down operations outside of California, laying off 180 staff, merging with Fair.com  —  After going through nearly $150 million in funding, peer-to-peer used-car marketplace Beepi.comis shifting gears.  TechCrunch has learned and confirmed that the startup …

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Paul Thurrott / Thurrott.com: Microsoft, Intel announce plans to bring advanced security features, mixed reality, and new gaming capabilities to PCs through Project Evo  —  At its WinHEC 2016 opening keynote in Shenzhen, China Thursday morning, Microsoft announced a new collaboration with longtime partner Intel aimed …

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Mehedi Hassan / MSPoweruser: Microsoft teams up with Intel for Project Evo, plans to create Amazon Echo like devices  —  Microsoft today announced a major new feature coming to Windows 10: Project EVO.  Project EVO will be Microsoft's take on Amazon Echo like devices, which bring Cortana to your house and integrate Windows 10 around …

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Todd Bishop / GeekWire: Microsoft partners with Qualcomm, will use emulation tech to allow Windows 10 on ARM to run x86 Win32 apps  —  Microsoft will again seek to expand the reach of its Windows PC operating system to devices running mobile-oriented ARM processors, through a partnership with Qualcomm announced tonight …

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Ingrid Lunden / TechCrunch: Brazil-based Nubank, makers of a “no-fee” credit card managed via a mobile app, raises $80M Series D led by DST Global; sources say valuation is under $1B  —  As Brazil continues to reel as a result of its economic turmoil and its worst recession in 80 years …

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Tom Warren / The Verge: Microsoft details minimum PC specs for Windows 10 VR headsets: Intel Core i5 CPU with hyperthreading, Intel HD Graphics 620 chipset, 8GB RAM, 100GB+ SSD/HDD  —  Microsoft accidentally revealed some of its minimum PC specs for Windows 10 VR headsets last month, but the company is fully detailing its plans today.

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Leena Rao / Fortune: Sherpa Capital's Tina Sharkey and entrepreneur Ido Leffler launch consumer goods startup Brandless and announce $16M in funding, led by Redpoint  —  Consumer packaged goods like diapers, shampoo, non-perishable foods and more represent a massive $770 billion industry (excluding tobacco) in the United States.

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Lucas Matney / TechCrunch: Google, HTC, Oculus, Samsung, Sony, and Acer create the Global Virtual Reality Association, aimed at promoting best practices in VR; Valve is not a member  —  After a couple years of being driven primarily by the startups, the virtual reality industry is growing to be one increasingly dominated by the big dogs.

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Jon Fingas / Engadget: Bluetooth SIG adpots Bluetooth 5 spec with 2x speed, 4x range, and 8x broadcast message capacity; should arrive in devices within 2-6 months  —  Bluetooth is about to become a lot less hassle-prone.  The wireless standard's Special Interest Group has officially adopted the Bluetooth 5 spec …

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Gabrielle Coppola / Bloomberg: Moshe Hogeg, Israeli master of startup hype and founder of Yo and Mobli, has raised $18M from Alibaba and Japan's Sun Corp for his AR glasses startup  —  Israel's most prolific startup hype man is a scruffy 35-year-old named Moshe Hogeg.  Among his various endeavors, he convinced Leonardo DiCaprio …

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Steve O'Hear / TechCrunch: Facebook secures an e-money license from Irish government, which can be used in all EU countries, potentially allowing Messenger-based payments in Europe  —  Paving the way for friend-to-friend payments to come to Facebook Messenger in Europe (and after the functionality debuted in the U.S …

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Stephen Hall / 9to5Google: Google debuts version 5 of Duo, with major video quality improvements, simpler signup, bug fixes, and more  —  Google today began pushing out the latest release of its new Duo video calling app, version 5.0.  While Google has become notorious as of late for giving its apps huge version bumps …

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Andrea Wong / Bloomberg: Sources: Apple parks much of its foreign earnings tax-free in US via US bond purchases; filings show Treasury Dept. paid Apple $600M+ in interest over 5 years  —  Over the years, Apple Inc. has become the poster child for U.S. multinationals accused of sheltering overseas profits to avoid the IRS.

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Paul Sawers / VentureBeat: Wing Venture Capital, run by Peter Wagner and Gaurav Garg, announces Wing Two, a new $250M fund for investing in early-stage tech startups  —  Wing Venture Capital ("Wing“) has announced Wing Two, a new $250 million fund to invest in early-stage business technology startups.

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Ryan Mac / Forbes: Wish CEO confirms $500M fundraise, says the firm's strength comes with focus on rural users, which some VCs had trouble relating to during fundraising process  —  Despite Donald Trump's winning campaign, it'd be safe to say few Silicon Valley CEOs would publicly suggest comparing their companies with the President-elect.

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Mary Jo Foley / ZDNet: Microsoft announces Build 2017 will be held on May 10-12 in Seattle  —  Microsoft is combining some of its previously separate large-format conferences for 2017, and is pushing back its Build developers confab to May next year.  —  Microsoft is bringing its Build developers conference …

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Bloomberg: Sources: Apple is in talks with movie studios to get earlier access to releases for iTunes, possibly as soon as two weeks after debut  —  Movie companies said discussing rentals 2 weeks after debut  —  Encryption technology said to be one concern in negotiations

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Alex Hern / The Guardian: Twitter CEO Jack Dorsey says he has “complicated” feelings over Donald Trump's use of the service, especially as it puts a spotlight on the company  —  Jack Dorsey says he has mixed feelings about the president-elect's use of the social media service

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The Intercept: Snowden doc from 2012 reveals NSA, GCHQ intercepted data from GSM mobile phones on flights, in regions covered by UK telco Inmarsat: Africa, Middle East, Europe  —  In the trove of documents provided by former National Security Agency contractor Edward Snowden is a treasure.

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Dave Gershgorn / Quartz: Leaked slides from an invitation-only event on December 6 reveal Apple's LiDAR and AI research efforts, including more efficient neural networks, more  —  Apple has long been secretive about the research done within its Cupertino, California, labs.  It's easy to understand why.

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