Businesses

Bill Gates and Richard Branson Back Startup That Grows 'Clean Meat' (bloomberg.com) 243

A large global agricultural company has joined Bill Gates and Richard Branson to invest in a nascent technology to make meat from self-producing animal cells. "Memphis Meats, which produces beef, chicken and duck directly from animal cells without raising and slaughtering livestock or poultry, raised $17 million from investors including Cargill, Gates and billionaire Richard Branson, according to a statement Tuesday on the San Francisco-based startup's website," reports Bloomberg. From the report: This is the latest move by an agricultural giant to respond to consumers, especially Millennials, who are rapidly leaving their mark on the U.S. food world. That's happening through surging demand for organic products, increasing focus on food that's considered sustainable and greater attention on animal treatment. Big poultry and livestock processors have started to take up alternatives to traditional meat. To date, Memphis Meats has raised $22 million, signaling a commitment to the "clean-meat movement," the company said.
United States

Roku Is the Top Streaming Device In the US and Still Growing, Report Finds (techcrunch.com) 96

Roku is the top streaming media player device in the U.S., and its growth is only increasing. According to the latest industry report from market intelligence firm Parks Associates, 37 percent of streaming devices in U.S. households are Roku devices, as of the first quarter of this year. That's up from 30 percent in the same quarter last year, the report notes. TechCrunch reports: The growth is coming at the expense of Roku's top competitors, like Apple and Google, with only Amazon's Fire TV able to increase its install base during the same timeframe. Fire TV devices are in 24 percent of U.S. households, as of Q1 2017, up from 16 percent last year. That climb allowed Amazon to snag the second position from Google's Chromecast, which has an 18 percent share. Lagging behind, Apple TV's market share fell to 15 percent -- a drop that Parks Associates Senior Analyst Glenn Hower attributes to Apple TV's price point. Roku last fall overhauled its line of streaming players with the intention of plugging every hole in the market. That strategy is seemingly paying off. There's now a Roku device to meet any consumer's needs -- whether that's an entry-level, portable and affordable "stick," to rival the Fire TV Stick or the Chromecast dongle, or a high-end player with 4K and HDR support, lots of ports, voice search remote, and other premium bells and whistles.
Facebook

Mark Zuckerberg Says Facebook Will Add Subscriptions For News Stories (mashable.com) 57

An anonymous reader quotes a report from Mashable: After years of simply forcing news organizations to heel to the almighty algorithm and craft their content for the News Feed, Facebook has added several features in the hopes of winning back the love of publishers. One of the biggest changes to come is subscriptions via Facebook. Here's how it works: Publishers using Instant Articles, Facebook's fast-loading article pages, will be able to have a paywall (certain number of articles per month) or have locked articles (freemium model). For either case, Facebook users will be prompted to subscribe to read more. All payments will be processed directly via publishers' websites, and Facebook will not take a cut -- at least not now. "If people subscribe after seeing news stories on Facebook, the money will go directly publishers who work hard to uncover the truth, and Facebook won't take a cut. We plan to start with a small group of U.S. and European publishers later this year and we'll listen to their feedback," Zuckerberg wrote in a Facebook post.
Government

FTC Approves Amazon's Acquisition of Whole Foods (cnbc.com) 54

An anonymous reader quotes a report from CNBC: The Federal Trade Commission will allow Amazon to continue its $13.7 billion deal to acquire Whole Foods. The FTC conducted an investigation to gauge whether the merger would decrease competition under federal regulations, Bruce Hoffman, acting director of the Federal Trade Commission's Bureau of Competition, said in a statement Wednesday. It ultimately decided not to pursue the matter further. Whole Foods shareholders approved Amazon's acquisition deal hours before the FTC's announcement.The two companies expect to finalize the agreement during the second half of the year. However, source familiar with the matter told CNBC the deal could happen sooner rather than later.
Bitcoin

Here's Why People Don't Buy Things With Bitcoin (vice.com) 376

An anonymous reader shares a report: One reason for this, if you live in Toronto like me (or anywhere else for that matter), is that there's basically nowhere to spend digital coins in the real world. Coinmap, a service that maps bitcoin-accepting locations all over the world, shows a few places that accept bitcoin in Toronto, but it's clearly out of date -- I called several businesses listed on the site and they had no idea what bitcoin even is. A bigger problem is perfectly illustrated in a Reddit post from Wednesday morning complaining that a bitcoin transaction worth just $9 still hasn't gone through the network after two days of waiting. Two. Days. The likely reason is that the fee attached to the transaction in order to incentivize faster confirmation -- 50 cents, which is about as much of a premium as I'd pay for a $9 transaction -- simply wasn't enough. "Should I have paid $3 on a $9 transfer to get it processed?" the person wrote.
Google

Google Unveils a New, Cheaper Networking Option For Cloud Customers: the Public Internet (geekwire.com) 20

Google Cloud Platform customers will have a new option when selecting the type of network used to deliver their traffic to their users: they can keep using Google's network, or they can save some money with the new option of using public transit networks. An anonymous reader shares a report: Google has long argued that one of the best reasons to use its public cloud service is the strength of its fiber network, developed and enhanced for more than a decade to support the global data centers powering its search engine. But there are some applications that don't require that level of performance, and so Google is now offering a cheaper networking service -- costing between 24 percent to 33 percent less -- that uses the transit networks that deliver the bulk of traffic to internet service providers, said Prajakta Joshi, product manager for cloud networking at Google. The new "Standard Tier" should offer performance comparable to what customers would experience through "other cloud providers," Joshi said, although both Amazon Web Services and Microsoft Azure operate fiber networks outside of the public internet.
News

We Can't Stop Checking the News Either. Welcome to the New FOMO (wired.com) 111

An anonymous reader shares an article: Countless studies have shown that social-driven FOMO (fear of missing out) stems from a person's primitive desire to belong to a group, with each snap, tweet, or post a reminder of what separates you from them. This other type of FOMO, the all-news, all-the-time kind, is new enough that nobody has really studied it much, yet of the half-dozen experts in sociology, anthropology, economics, and neurology I spoke to, all quickly recognized what I was describing, and some even admitted to feeling it themselves. "We scroll through our Twitter feeds, not seeking anything specific, just monitoring them so we don't miss out on anything important," says Shyam Sundar, a communications researcher at Pennsylvania State University. This impulse could stem from the chemical hits our brains receive with each news hit, but it could also derive from a primitive behavioral instinct -- surveillance gratification-seeking, or the urge that drove our cave-dwelling ancestors to poke their heads out and check for predators. In times of perceived crisis, our brains cry out for information to help us survive. Maybe this alarm stems from steady hits of @realDonaldTrump. Maybe it's triggered by left-wing Resistance types. Or could it be #FakeNews, ISIS, guns, police violence, or street crime, all propagated through our social media bubbles with headlines that are written specifically to grab our attention? This feels like a processing problem. "One thing we learn about human beings: We're meaning-making machines," Kross says. And social mania may be ideal for mainlining breaking news, but it's not great at providing meaning and context.
Firefox

Mozilla Testing an Opt-Out System For Firefox Telemetry Collection (bleepingcomputer.com) 227

An anonymous reader writes: "Mozilla engineers are discussing plans to change the way Firefox collects usage data (telemetry), and the organization is currently preparing to test an opt-out clause so they could collect more data relevant to the browser's usage," reports Bleeping Computer. "In a Google Groups discussion that's been taking place since Monday, Mozilla engineers cite the lack of usable data the Foundation is currently receiving via its data collection program. The problem is that Firefox collects data from a very small fraction of its userbase, and this data may not be representative of the browser's real usage." Mozilla would like to fix this by flipping everyone's telemetry setting to enabled and adding an opt-out clause. Engineers also plan to embed Google's RAPPAR project [1, 2] for anonymous data collection.

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