posted 4 days ago on techmeme
Ian King / Bloomberg: Qualcomm's stock closes down 4% amid US antitrust suit against the company, following multi-year investigation into its licensing methods  —  Qualcomm Inc., the biggest maker of mobile phone chips, forced Apple Inc. to exclusively use its baseband processors in return to lowering the rate …

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posted 4 days ago on techmeme
Jon Russell / TechCrunch: Indian healthcare platform Practo raises $55M Series D led by Tencent to expand into more markets; other investors included Sequoia, CapitalG, Thrive Capital  —  India-based Practo, a startup that helps consumers locate doctors and healthcare information, has closed a $55 million Series D funding round …

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posted 4 days ago on techmeme
Charlie Savage / New York Times: Chelsea Manning to be freed on May 17 rather than in 2045 after Obama commutes bulk of 35-year sentence  —  WASHINGTON — President Obama on Tuesday largely commuted the remaining prison sentence of Chelsea Manning, the army intelligence analyst convicted of an enormous 2010 leak …

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posted 4 days ago on techmeme
Federal Trade Commission: FTC Charges Qualcomm With Monopolizing Key Semiconductor Device Used in Cell Phones  —  Company's sales and licensing practices hamper Qualcomm's competitors and threaten innovation in mobile communications, according to FTC  —  The Federal Trade Commission filed a complaint …

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posted 4 days ago on techmeme
Bloomberg: Sources: US antitrust officials poised to sue Qualcomm over unfair practices, following a multi-year investigation into its licensing methods; stock down 4%+  —  FTC has been investigating chipmaker's practices since 2014  —  Suit would follow South Korea fine, as EU investigates

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posted 4 days ago on techmeme
New York Times: Mark Zuckerberg testifies in Oculus-ZeniMax trial, says “Oculus products are built on Oculus technology” and that'd never heard of ZeniMax  —  DALLAS — Mark Zuckerberg, the chief executive of Facebook, has said virtual reality could be the next big thing in technology.

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Polina Marinova / Fortune: Facebook's first official startup incubator “Startup Garage” to open at Paris' Station F startup campus, will host 10-15 data driven startups every six months  —  As if you needed another reason to move to Paris.  —  Today, Facebook chief operating officer Sheryl Sandberg announced …

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posted 4 days ago on techmeme
Mary Jo Foley / ZDNet: Microsoft acquires 3D data-optimization vendor Simplygon to help realize its “3D for Everyone” strategy  —  Microsoft's latest acquisition, 3D data-optimization vendor Simplygon, is part of Redmond's strategy to make 3D part of future users' experiences.

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posted 4 days ago on techmeme
Selina Wang / Bloomberg: Used goods marketplace Letgo raises $175M Series C from Accel and others, has raised $325M since '15 launch, still doesn't charge for Craigslist-like service  —  Letgo, an online marketplace for buying and selling used goods, said it raised $175 million to invest in growth plans and grab market share from EBay Inc. and Craigslist.

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Pamela Rosen / Evernote Blog: Evernote launches updated iOS app with streamlined UI for creating notes, finding notes, more  —  Getting organized and staying organized should consume as little time and effort as possible.  That's why we redesigned Evernote for iPhone, iPad, and iPod touch with speed and simplicity in mind …

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posted 4 days ago on techmeme
Paul Sawers / VentureBeat: Deep learning startup Neurala raises $14M Series A led by Pelion Ventures, to build AI for drones, autonomous cars, more  —  Neurala, a software and services company that helps bring artificial intelligence (AI) to drones, robots, cars, and consumer electronics, has announced a $14 million series …

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posted 4 days ago on techmeme
Sarah Perez / TechCrunch: App Annie report: number of app downloads rose 15% in 2016, time spent in apps rose 25%, and revenue paid to developers rose 40%  —  The app industry is continuing to grow, according to a new year-end analysis from app intelligence firm App Annie, out today, which found that app downloads …

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posted 4 days ago on techmeme
Bloomberg: Snap Inc.'s culture of secrecy, led by CEO Evan Spiegel, could be problematic as the company prepares to IPO in March  —  Snap Inc. CEO Evan Spiegel's values will be tested as he convinces investors of the company's potential.  —  by  —  Last September, Snapchat employees read a report …

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Lora Kolodny / TechCrunch: Measure raises $15M Series B led by IT services firm Cognizant, to fly drones as a service for other companies  —  Measure may not be building the ultimate flying camera, or drones that drop burritos at your door.  But the Washington D.C.-based startup has raised $15 million in a Series B round …

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posted 4 days ago on techmeme
Kurt Wagner / Recode: Sources: publishers think it's unlikely Facebook will renew paid livestreaming deals, as it has been pushing them to focus on creating longer content  —  Publishers don't expect Facebook to renew the deals it was pushing last spring; now Facebook wants something else.

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Gerrit De Vynck / Bloomberg: Priceline co-founder Jay Walker launches Upside.com, a business travel startup, with $50M funding at a $200M+ valuation  —  Jay Walker raised money for Upside.com at $200M valuation  —  Startup is aimed at helping business travelers find deals  —  One of the pioneers of online travel booking …

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posted 5 days ago on techmeme
Eric Auchard / Reuters: Airbus CEO Tom Enders says company hopes to fly prototype of single-person, self-piloting flying car by the end of 2017  —  Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive said on Monday.

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Mike Wheatley / SiliconANGLE: Video conferencing startup Zoom raises $100M Series D round led by Sequoia Capital at a $1B+ valuation, plans to invest in VR and AR  —  Zoom Video Communications, Inc., the Santa Clara-based startup that's bidding to disrupt the online video communications industry, has just landed …

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posted 5 days ago on techmeme
BBC: Apple to raise prices of apps and in-app purchases by about 25% in three regions; lowest app prices now 99p in UK, 80 rupees in India, and 3.49 lira in Turkey  —  UK costs will numerically match those of the US, meaning that a program that costs $0.99 will now be 99p.

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posted 5 days ago on techmeme
Simon Sharwood / The Register: Google publishes paper detailing its cloud security strategy, including the deployment of custom chips on servers and peripherals  —  Even the servers it colocates (!) says new docu revealing Alphabet sub's security secrets  —  Google has published a Infrastructure Security Design Overview …

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Bloomberg: Baidu Inc. hires AI specialist and former Microsoft EVP Qi Lu as group president and chief operating officer to oversee and develop AI technologies  —  AI specialist Qi Lu becomes Baidu's COO and president  —  Lu will oversee Baidu's efforts to develop AI technologies

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Jon Brodkin / Ars Technica: Raspberry Pi upgrades its $30 Compute Module for embedded computing with 10x the CPU performance at 1.2GHz and twice the RAM at 1GB  —  Compute Module for embedded computing gets first big upgrade since 2014.  —  The Raspberry Pi Compute Module is getting a big upgrade …

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Maya Kosoff / Vanity Fair: WSJ: new investors in Snap IPO won't get any voting power, while founders Spiegel and Murphy will retain 70%+ voting power despite owning 45% of the stock  —  Spiegel and Snapchat co-founder Bobby Murphy want to retain management control of their company.  —  Before Facebook went public …

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Natalie Gagliordi / ZDNet: Intel launches new IoT retail platform called Responsive Retail Platform and announces plan to invest $100M over next five years in the retail tech sector  —  The platform works to bring together retail hardware, software, APIs and sensors in a standardized way.

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Chaim Gartenberg / The Verge: Bragi's $150 The Headphone wireless earbuds are finally shipping  —  Bragi announced today that the company's latest Headphone earbuds are finally available for immediate shipping.  The news comes after a series of delays in shipping the Headphones, including a mid-December announcement …

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