The News Lens takes a big step for Asian indie media with its first acquisition

 Founded four years ago to reach millennials disenchanted with Taiwan’s scandal-obsessed media, The News Lens is growing up fast. The Taipei-based company announced it has agreed to buy Inside, one of Taiwan’s best-known technology news sites. Not only is this The News Lens’ (known as TNL) first acquisition, but founder and chief executive officer Joey Chung says it also makes… Read More

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Crunch Report | MoneyGram’s Sale to Alibaba Blocked by U.S. Government

Spotify files to go public, BloomThat gets acquired and MoneyGram’s sale to Alibaba got blocked by the U.S. government. All this on Crunch Report. Read More

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Crunch Report | Telegram and Instagram Are Being Restricted in Iran

Amazon Prime shipped 5 billion Items in 2017, SuperMeat gets $3 million in funding and Telegram and Instagram are being restricted in Iran. All this on Crunch Report. Read More

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The first scientific fake news study is here to confirm your worst fears about America

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A new study confirms your worst fears about fake news in the U.S. — it’s widespread, skews pro-Trump, and is mostly consumed by your conservative uncle.

Oh, and fact checking hasn’t worked at all.

A group of academic researchers have published what they are calling the first scientific, data-based study of Americans’ exposure to fake news in the month surrounding the 2016 U.S. election. 

Combining survey responses and browsing histories of a representative sample of 2,525 Americans, the researchers found that one in four news consumers visited a fake news between Oct. 7 and Nov. 14, 2017. 

The report also studied the content itself. Fake news skewed almost entirely pro-Trump, and was consumed most voraciously by the most politically conservative Americans, according to the researchers. Read more…

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Crunch Report | Apple Apologizes for Slowing Down iPhones

Apple apologizes for slowing down iPhones, humans spent $200 million on apps this Christmas and Google retires the Pixel C tablet. All this on Crunch Report. Read More

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Obama is attempting to restore our faith in humanity before 2018. Bless.

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Despite all the bad that has happened in 2017, Barack Obama is going into the New Year with a positive attitude, and he wants everyone else to do the same.

On Friday morning in an attempt to restore America’s faith in humanity, the former President of the United States shared an inspiring and much-needed mini-thread of good news stories on Twitter.

“As we count down to the new year, we get to reflect and prepare for what’s ahead,” Obama wrote, reminding everyone that despite the overwhelming amount of bad news this year America did have a lot to be proud of. Read more…

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Crunch Report | South Korea Announces New Cryptocurrency Regulations

South Korea announces new cryptocurrency regulations coinciding with the drop in bitcoin prices, YouTube gets pulled from Fire TV and SoftBank will now own about 15 percent of Uber. All this on Crunch Report. Read More

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HQ Trivia Is Coming to Android | Crunch Report

HQ Trivia is coming to Android, Amazon Echo is the No. 1 best seller on the site and the founder of LeEco is ordered to return to China. All this on Crunch Report. Read More

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CNN is killing its Snapchat news show only four months after its debut

 CNN is giving up on its Snapchat news show, which launch only four months ago. “The Update,” as the program was called, had been designed for Snapchat’s vertical video format, but didn’t feature video produced only for Snapchat, nor did it have dedicated anchors. Instead, the news featured on “The Update” was a curated selection of CNN’s reporting from… Read More

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Crunch Report | Sequoia Capital’s Next Fund Could Be $5 Billion

Daimler acquires a majority stake in an Uber competitor in France, Sequoia Capital’s next fund could be a $5 billion one and an iced tea company changes its name to Long Blockchain and its value skyrockets. All this on Crunch Report. Read More

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Crunch Report | Magic Leap Finally Unveils Its Headset

Magic Leap headset is finally unveiled to the public, Bitcoin Cash comes to Coinbase and Litecoin founder sells all of his Coins. All this on Crunch Report. Read More

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Crunch Report | U.S. Government Blames North Korea for WannaCry

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