Techmeme
June 3, 2018, 7:45 PM

Top News

Bloomberg:
Sources: Microsoft has agreed to acquire GitHub; the deal could be announced as soon as Monday  —  - Companies are said to plan announcement as soon as Monday  — San Francisco-based startup was valued at $2 billion in 2015  —  Microsoft Corp. has agreed to acquire GitHub Inc. …
Benjamin Mayo / 9to5Mac:
Leaked 30-second video of macOS 10.14 shows Apple News app for Mac, a dark mode, and Xcode 10 ahead of WWDC  —  Developer Steve Troughton Smith today tweeted photos of macOS 10.14 with some very juicy details about Apple's upcoming operating system.  The OS is very clearly sporting a fresh new dark theme …
James McLeod / Financial Post:
CEO of Kik, which had an $100M ICO, talks about the limits of blockchain tech and why Kik is building own blockchain, a hybrid of Ethereum and Stellar, for Kin  —  'What does blockchain do at the end of the day?  It allows you to have a database that's trustless.
Federal Reserve Bank of San Francisco:
How optimistic investors bid up Bitcoin ahead of futures' debut last year, but new derivatives enabled pessimists to bet against Bitcoin, crashing the price  —  Galina Hale, Arvind Krishnamurthy, Marianna Kudlyak, and Patrick Shultz From Bitcoin's inception in 2009 through mid-2017, its price remained under $4,000.
Charlie Osborne / ZDNet:
Gartner: 384M smartphones sold to end users in Q1, up 1.3% YoY, as market returns to growth; Xiaomi, up 124% YoY, sees the most growth among the top 5 vendors  —  The sale of mobile devices has strengthened after declining in Q4 2017 for the first time since 2004.
Adrianne Jeffries / New York Magazine:
How Right Media, a New York-based adtech company, built the first internet ad exchange in 2005 and gave birth to programmatic advertising  —  In celebration of New York Magazine's 50th anniversary, this series, which will continue through October 2018, tells the stories behind key moments that shaped the city's culture.
Nathan Vardi / Forbes:
Some funds founded by Nathan Myhrvold, which raised ~$3B to invest mostly in patents, had negative IRR of 15% to 24% in last decade; many key people have left  —  Forbes Staff Following the money trail  —  The other fund, Invention Development Fund, has posted an IRR of -24.7%.
CoinDesk:
CEO of Ground X, Kakao's blockchain subsidiary, talks about dapps, ICOs, and how he plans to bring decentralization to Korea's dominant mobile messaging service  —  Both proponents and opponents of new technology tend to come up with extreme (or overly romantic) theories about it.

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