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July 24, 2017, 12:45 PM
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| Terri Cullen / CNBC: |
KKR's Internet Brands to acquire WebMD in $2.8B deal, for $66.50 per share, which is a 20% premium to Friday's closing price — - Prior to the acquisition WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms.
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Reuters, PR Newswire, VentureBeat, CNET, ZDNet, Business Wire, Bloomberg, TechCrunch, New York Times, MarketWatch, and PE Hub Blog. Tweets: @chasedave
| Jon Russell / TechCrunch: |
Grab raises $2B from SoftBank and Didi Chuxing, which says the round could expand by $500M, to help defeat Uber in SE Asia; source: Grab valuation now over $6B — Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing … | Bloomberg: |
Microsoft designs new AI chip for next version of HoloLens, which will let mixed reality goggles recognize speech and images on device instead of the cloud — New HoloLens processor will let mixed reality goggles recognize speech and images — Tech companies are keen …
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Microsoft Research, The Verge, TechCrunch, Computerworld, BetaNews, Windows Central, The Register, Engadget, Business Insider, The Fire Hose, ZDNet, Pocket-lint, VRFocus, Road to VR, Fortune, On MSFT, bit-tech.net, SlashGear, MSPoweruser, Neowin, and Inquirer
Tweets: @msftresearch, @business, @dinabass, @arkitanalysis, @lucas_matney, @matthiasroder, and @dinabass
| Samuel Gibbs / The Guardian: |
Microsoft Paint, first released with Windows 1.0 in 1985, to be “removed or deprecated” in the Windows 10 Fall Creators Update; Paint 3D to remain — Long-standing basic graphics editing program, used throughout childhoods since the 1980s, has been marked for death
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Digital Trends, The Verge, CNNMoney, Gizmodo, ZDNet, Ars Technica, USA Today, SlashGear, The Next Web, BetaNews, BBC, CNET, ValueWalk, Mashable, Tech Times, InvestorPlace, Tech2, Newser, Fortune, TechSpot, Ubergizmo, Tim Anderson's ITWriting, Inquirer, The Register, Liliputing, Business Insider, Windows Central, Softpedia News, and gHacks Technology News. Tweets: @guardian
| Alyssa Hertig / CoinDesk: |
As BIP 91 activates, paving the way for scaling of Bitcoin, Jeff Garzik, lead developer of the SegWit2x network upgrade, talks about what's next for Bitcoin — Jeff Garzik has been accused of a lot of things of late. — Since taking the lead on turning the Segwit2x scaling agreement into code … | Wall Street Journal: |
Sources: Foxconn close to investing in a TV display manufacturing plant in Wisconsin and possibly another factory in the Detroit area — In addition to Wisconsin, the company is looking in the Detroit area for a possible plant — Taiwan's Foxconn Technology 2354 0.22% Group … | Paula Dwyer / Bloomberg: |
Some economists say US tech giants are becoming harmful monopolies, need to be broken up; regulators need to consider alternatives to classic antitrust theory — Apple, Amazon, Google, and Facebook may be contributing to the U.S. economy's most persistent ailments.
More:
TechSpot, Newsweek, Weekly Standard, and Breitbart
Tweets: @reckless, @ameellio, @jason_kint, @catinthefurnace, @johnwilson, @dtunkelang, and @katestarbird
| Casey Newton / The Verge: |
Instagram is pushing restaurants to be kitschy, colorful, and irresistible to photographers — When it came time to design their first restaurant, Media Noche, San Francisco entrepreneurs Madelyn Markoe and Jessie Barker found themselves lacking inspiration.
More:
512tech. Tweets: @daveambrose, @hels, @fromedome, @caseynewton, @joshconstine, and @caseynewton
| Yi Shu Ng / Mashable: |
China forces citizens in Xinjiang, a Muslim-majority region, to put spyware on their phones; locals who don't install the Android app could face 10 days in jail — China has ramped up surveillance measures in Xinjiang, home to much of its Muslim minority population, according to reports from Radio Free Asia.| Tom Hancock / Financial Times: |
BingoBox already has more than a dozen Amazon Go-like unmanned shops open in China, plans to have almost 200 more by the end of August — Wide use of mobile payments propels country's vendors past the likes of Amazon Go — Read next … Like other convenience stores across China …
More:
China Money Network
| Amy Feldman / Forbes: |
Recruiting software provider Lever raises $30M Series C, bringing the total raised to $62M — Sarah Nahm cofounded Lever five years ago to rethink recruiting for the digital age. The San Francisco-based recruiting software company helps its customers not only track resumes …
More:
GlobeNewswire News Room, HR Technologist, ABC Newspapers, PE Hub Blog, and Business Insider
Tweets: @womenatforbes and @onthedotwoman
| Costas Paris / Wall Street Journal: |
Norwegian companies plan to deploy an electric autonomous container ship by 2020, with testing starting in 2018 — The Yara Birkeland, slated for launch late in 2018, will make short trips delivering fertilizer — OSLO—Two Norwegian companies are taking the lead in the race to build …
More:
The Verge, Neowin, SiliconANGLE, International Business Times, Fortune, and Axios
Tweets: @wsj and @martinsfp
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