Bloomberg
Verizon Communications is reportedly renegotiating its acquisition of Yahoo from $4.8 billion agreement by about $250 million. The new terms come “after the revelation of security breaches at the web company,” Bloomberg reports. “In addition to the discount, Verizon and the entity that remains of Yahoo after the deal, to be renamed Altaba Inc., are expected to share any ongoing legal responsibilities related to the breaches.”
Reuters
Microsoft president Brad Smith want governments around the world to form an international body to protect civilians from state-sponsored hacking. “Countries need to develop and abide by global rules for cyber attacks similar to those established for armed conflict at the 1949 Geneva Convention that followed World War Two,” Reuters reports, citing Smith’s comments. “Technology companies, he added, need to preserve trust and stability online by pledging neutrality in cyber conflict.”
9to5Mac
Apple this week showed off a clip from its upcoming reality TV series “Planet of the Apps.” Ben Silverman -- former co-chairman of NBC Entertainment and Universal Media Studios -- co-created the premise for the show along with
Will.i.am. “The clip shows developers having 60 seconds to give an ‘escalator pitch’ of the app,” 9To5Mac reports. “If the celebrity advisors are interested in the app, the developer will then have more time to pitch their app.” In the clip, narrated by Apple Music’s Zane Lowe, we see our first look at the set of Planet of the …
Android Authority
Huawei’s consumer business group made just $2 billion in profit, last year -- $2.2 billion in 2015 -- Android Authority writes, citing a report in The Information. “Not only is this well bellow the $2.5 billion the company was shooting for, but it also begs the question: how do you sell more phones but make less money?” AA asks of the Chinese smartphone giant. “In 2016, the Huawei consumer business unit’s revenue increased by 42 percent to $26 billion, indicating that while revenue increased dramatically, expenses increased even more so.”
TechCrunch
GOAT -- a mobile-only marketplace for “sneakerheads” -- just raised another $25 million in funding led by Accel Partners. “Unlike some older, less reputable marketplaces, GOAT does the hard work of verifying that the shoes its customers buy are the real deal and not cheap knockoffs,” TechCrunch notes. “The company decided to take cash from Accel in part because of the firm’s experience taking e-commerce businesses to the next level.”
Mac Rumors
All new iPhones that Apple releases this year will feature wireless charging, MacRumors reports, citing research note from KGI Securities analyst Ming-Chi Kuo. “Kuo said wireless charging increases the internal temperature of smartphones, so he expects the rumored iPhone 8 with an OLED display and glass casing to have a new 3D Touch module with ‘additional graphite sheet lamination,’” it writes.
Wired
In one recent study, researchers found significant privacy and security limitations in a majority of Virtual private networks. VPNs, so-called, are supposed to secure users’ digital activity. Yet, “While some are genuinely looking to offer security and privacy services, plenty do more harm than good,” Wired reports, citing fresh analysis of 283 mobile VPNs on the Google Play Store from Australia’s Commonwealth Scientific and Industrial Research Organization.
The Verge
What do reviewers think of Android Wear 2.0? For one, “Wear 2.0 has a simplified design, new features, and, perhaps most importantly, more ways it can work independently of your phone,” The Verge writes. “It’ll even let you do nearly as much with an iPhone as you can when the watch is paired to an Android device.” Yet, whether or not the update will convince consumers to buy smartwatches from Google remains to be seen.
Fortune
Networking startup SnapRoute just raised $25 million in Series A funding. “Norwest Venture Partners led the round with contributions by Lightspeed, as well as AT&T and Microsoft Ventures,” Fortune reports. Fortune describes SnapRoute as a “new-age networking startup founded by former Apple engineers.” To that end, “The company's goal is to use freely-available open-source software and its own know-how to make data center networking more flexible.”
Apple Insider
Due to poorly implemented TLS protection, some popular iOS apps are vulnerable to a so-called “man-in-the-middle” attack, Apple Insider writes, citing a new report from Sudo researcher Will Strafach. “A bulk scan of the App Store … discovered some apps are ‘vulnerable to silent interception’ of data usually protected by Transport Layer Security (TLS), which can then be read or manipulated before being forwarded to the company's servers,” it reports.