posted 3 days ago on techmeme
Kurt Wagner / Recode: Former Facebook and Snap ad exec Sriram Krishnan announces he is joining Twitter as senior director of product  —  Krishnan, who previously worked on ad tech, is trying something new.  —  Twitter has hired Sriram Krishnan, a former ad tech executive from Facebook and Snap, but he won't be working on ads.

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posted 3 days ago on techmeme
Bloomberg: Equifax discovered major breach in March but says it's unrelated to recently disclosed hack affecting 143M people; source says both involve the same intruders  —  New timeline could have implications for executive stock sales  —  The company is the subject of multiple investigations

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posted 3 days ago on techmeme
Robert Hackett / Fortune: Keybase launches alpha version of Teams, an open source and end-to-end encrypted Slack-like tool for collaboration amongst groups  —  Chris Coyne and Max Krohn are going for the hat trick.  —  The two entrepreneurs, who are co-founders of the literature summary site SparkNotes and dating service OkCupid …

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posted 4 days ago on techmeme
Madhumita Murgia / Financial Times: London transportation regulator introduces private hire licenses based on fleet size, making Uber's licensing costs rise from £3K to £3M for a five-year license  —  Uber's licensing costs in London will rise from £3,000 to £3m during the next five years …

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Daniel Eran Dilger / AppleInsider: Geekbench benchmarks: Apple's A11 Bionic is 25% faster in single core and 80% faster in multicore than A10 Fusion, beats i5 MacBook Pro and all other phones  —  Official benchmarks posted by Geekbench show that Apple's A11 Bionic delivers a huge jump in performance over last year's A10 Fusion used …

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posted 4 days ago on techmeme
Jordan Novet / CNBC: AWS says that beginning October 2, it will start charging EC2 customers by the second, not hour; competitors Azure and Google Cloud charge by the minute  —  Public cloud market leader Amazon Web Services on Monday said that on October 2 it will start charging its customers by the second …

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Peter Bright / Ars Technica: W3C votes to make the contentious Encrypted Media Extensions specification, a system for HTML5 DRM, an official W3C Recommendation  —  30.8% of W3C members disapproved of the decision.  —  The World Wide Web Consortium (W3C), the industry body that oversees development of HTML and related Web standards …

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posted 4 days ago on techmeme
Cory Doctorow / Electronic Frontier Foundation: EFF says it's resigning from W3C after the standards org approved browser DRM despite lack of consensus, a move hostile to archiving, security research, more  —  In 2013, EFF was disappointed to learn that the W3C had taken on the project of standardizing “Encrypted Media Extensions,” …

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posted 4 days ago on techmeme
Yukako Ono / Nikkei: JD.com and Thai retail giant Central Group sign $500M deal to set up e-commerce and fintech joint ventures in Thailand  —  E-commerce, fintech companies to be set up to tap into SE Asia's expected online retail boom  —  BANGKOK — Thailand's retail giant Central Group and China's second …

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posted 4 days ago on techmeme
Bloomberg: Sources: DoJ has opened a criminal investigation into three Equifax executives' stock sales that occurred days after the historic data breach was discovered  —  U.S. attorney in Atlanta said to lead probe alongside SEC  —  Managers unaware of breach when they sold stock, company said

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posted 4 days ago on techmeme
Natalia Drozdiak / Wall Street Journal: Sources: Google has offered to auction off shopping ad spaces to rivals, to comply with EU's antitrust order; Google would set price cap for its own bids  —  Tech giant would bid against its competitors to display products for sale in the space above its general search results

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posted 4 days ago on techmeme
Cromwell Schubarth / Silicon Valley Business Journal: SEC filing: Roku more than doubles its IPO target, hopes to raise up to $252M  —  Roku Inc. set a price range for its upcoming IPO that more than doubles the amount it hopes to raise in the offering and could increase its valuation by about a third.  —  The leading maker of streaming media players …

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Molly Schuetz / Bloomberg: Cisco Executive Chairman John Chambers will not stand for re-election in December; CEO Chuck Robbins will assume the role  —  Chuck Robbins has been the company's leader since July 2015  —  Move cements Robbins's position as he tries to remake company  —  Cisco Systems Inc. Chief Executive …

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John Mannes / TechCrunch: Matroid, which makes tech to monitor video streams for recognizable objects, raises $10M Series A from New Enterprise Associates and Intel Capital  —  As computer vision and object recognition technology continue to mature, we're edging closer to automating away the exceedingly boring task of monitoring closed circuit TV cameras.

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Joe Rossignol / MacRumors: Apple Pay Cash is coming in a future update to iOS 11 and watchOS 4 in the fall, not in the iOS 11 launch tomorrow  —  Apple today confirmed that Apple Pay Cash will be released as part of a future update to iOS 11 and watchOS 4. … Apple added a “Coming This Fall” label to Apple Pay Cash …

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Frederic Lardinois / TechCrunch: Videoblocks, the marketplace that pays 100% commission to content creators, rebrands as Storyblocks, debuts stock photo service to expand beyond video and audio  —  Stock imagery service Videoblocks made its name thanks to its flat-rate, unlimited video library and a marketplace that paid photographers a 100 percent commission.

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posted 4 days ago on techmeme
Harry McCracken / Fast Company: A profile of Satya Nadella, who has stopped infighting, restored morale, and under whom Microsoft's market value increased $250B+ in three and a half years  —  Microsoft's CEO has stopped infighting, restored morale, and created more than $250 billion in market value.  All it took was focusing on what matters most.

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Cade Metz / New York Times: How a slowdown in Moore's Law led to the rise of specialized chips like FPGAs and GPUs for AI and other applications in computing  —  New technologies are testing the limits of computer semiconductors.  To deal with that, researchers have gone looking for ideas from nature.

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Pan Yue / China Money Network: Autonomous driving startup JingChi, founded by former head of Baidu's Autonomous Driving Unit, has raised a $30M angel round and is raising a $100M Series A  —  JingChi Corp., a Chinese autonomous driving start-up founded by Wang Jing, former head of Baidu Inc's Autonomous Driving Unit …

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Thomas Fox-Brewster / Forbes: Hackers hid backdoor in Avast-owned system cleanup tool CCleaner for Windows from August 15 to September 12; affected software was run by 2.7M users  —  Users of Avast-owned security application CCleaner for Windows have been advised to update their software immediately …

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posted 4 days ago on techmeme
Andy Greenberg / Wired: New study says Apple may be overselling its differential privacy protections in macOS and iOS; Apple disputes study's findings  —  FOR THE LAST year, Apple has touted a mathematical tool that it describes as a solution to a paradoxical problem: mining user data, while simultaneously protecting user privacy.

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New York Times: Facebook and other tech giants are increasingly coming in conflict with governments around the world exerting greater control over the internet  —  On a muggy, late spring evening, Tuan Pham awoke to the police storming his house in Hanoi, Vietnam.  —  They marched him to a police station …

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Adrien Henni / East-West Digital News: Russian firm Blackmoon raises $30M in an ICO for its platform for asset managers to create and manage legally compliant tokenized funds  —  The Blackmoon Crypto Platform, which presents itself as “a one-stop solution for asset managers to create and manage legally compliant tokenized funds …

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Ingrid Lunden / TechCrunch: Fast-charging battery startup StoreDot raises $60M led by Daimler's trucking unit with Samsung Ventures among investors, plans phone battery cases for next year  —  As we continue to see a proliferation of wireless connected devices make their way into the mainstream consumer electronics market …

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Richard Waters / Financial Times: Slack raises $250M, largely from Softbank's Vision Fund, valuing the firm at $5.1B, up from $3.8B at the time of its April 2016 round  —  Workplace messaging app Slack has been valued at $5.1bn in its latest fundraising, which drew $250m from investors as the weight of cash in private markets continues …

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