#ICYMI: Popular Stories in Tech This Week (Week Ending October 14, 2016)

Jessica Elsey / October 15, 2016

A visitor tries out a Samsung Electronics' Galaxy Note 7 at company's headquarters in Seoul, South Korea, October 5, 2016. Picture taken on October 5, 2016. REUTERS/Kim Hong-Ji

A visitor tries out a Samsung Electronics’ Galaxy Note 7 at company’s headquarters in Seoul, South Korea, October 5, 2016. REUTERS/Kim Hong-Ji

Samsung faced the latest twist in their Galaxy Note 7 saga this week as they confirmed they were stopping production of the device and predicted a $3.1 billion loss in revenue. U.K. Prime Minister Theresa May banned the Apple Watch from official meetings following U.S. hacking leaks and Pinterest announced they have passed 150 million monthly active users.

Read more about these stories, as well as the other top stories of the week, from the Flipboard Technology section.

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1. Samsung Ends Galaxy Note 7 Production as Problems Mount—The New York Times, Brian X. Chen and Choe Sang-Hun

Top line: “The drastic move is highly unusual in the technology industry, where companies tend to keep trying to improve a product rather than pull it altogether. And it caps a nearly two-month fall for Samsung, which has taken a beating from investors, safety regulators and consumers over its trustworthiness.”

Topic to follow: Phones

2. Samsung estimates Note7 fallout at about $3.1 billion—Mashable, Stan Schroeder

Top line: “Samsung released an estimate saying the it expects a “mid-3 trillion won” impact in operating profit for the fourth quarter of 2016 and the first quarter of 2017.”

Topic to follow: Samsung

3. Apple Watch banned from UK cabinet meetings over Russian hacking fears—The Verge, James Vincent

Top line: “The government is worried that the Apple Watch’s microphone could be used to listen in on high-level policy discussions, especially by Russian spies.”

Topic to follow: Apple Watch

4. Pinterest passes 150 million monthly active users, up from 100 million a year ago—VentureBeat, Ken Yeung

Top line: “For some, 150 million MAU may not seem like a lot, especially when compared to Facebook and Twitter. But Silbermann views it differently: ‘Pinterest is more of a personal tool, not a social one. People don’t really come here to see what their friends are doing…Instead, they come to Pinterest to find ideas to try, figure out which ones they love, and learn a little bit about themselves in the process.’”

Topic to follow: Pinterest

5. YouTube buys Famebit, a startup that connects YouTube stars with advertisers—Recode, Peter Kafka

Top line: “Google, YouTube’s parent company, says FameBit will remain a standalone company “for now,” and that it won’t require YouTube uploaders to use FameBit if they want to work with advertisers within their videos.”

Topic to follow: YouTube

6. Internet dumpster fire 4chan is going broke—Engadget, David Lumb

Top line: “Last Sunday, the site’s owner Hiroyuki Nishimura broke the news to his congregation in a post that it can’t afford all the infrastructure, network and server expenses needed to keep it running. Whether or not they take action, 4chan as we know it may be done.”

Topic to follow: Internet

7. Tesla to unveil “unexpected” new product October 17—TechCrunch, Darrell Etherington

Top line: “Tesla will unveil something on Monday October 17, according CEO and founder Elon Musk. It’ll be a new product, he said in a Tweet on Sunday, which will be “unexpected by most,” and which will be separate from a Tesla/SolarCity product unveiling on the 28th.”

Topic to follow: Tesla

8. Facebook opens up Workplace in bid to replace work emails—BBC

Top line: “The app looks similar to Facebook, with features such as live video streaming and messaging, but is kept completely separate from users’ personal profiles. It is designed to replace other business tools such as email.”

Topic to follow: Facebook

9. Amazon reportedly planning to build a series of physical stores selling groceries—The Guardian, Rupert Neate

Top line: “The company, founded by multi billionaire Jeff Bezos in 1994, is said to be preparing to build a chain of convenience stores as well as drive-through locations where customers can pick up groceries ordered online that day as they commute home.”

Topic to follow: Amazon

10. Comcast hit with ‘largest civil penalty’ ever issued over shady billing practices—The Next Web, Bryan Clark

Top line: “The fine centers around a practice known as ‘negative option billing.’ When signing up for a new cable subscription, for example, a new customer might get three months of premium channels — like HBO or Showtime. If the customer forgets to cancel within the period, they’re on the hook for the amount of each channel, even if it wasn’t properly communicated that the channels were included in the first place.”

Topic to follow: Comcast

~JessE is reading The Art & Hobby of Collecting