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June 4, 2018, 4:05 AM
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Mediagazer
memeorandum
WeSmirchTop 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. …
More:
The Verge, GitLab, XDA Developers, Quartz, GeekWire, TechCrunch, Business Insider, Softpedia News, Gizmodo, Engadget, Neowin, Axios, Recode, ZDNet, SludgeFeed, Ubergizmo, The Next Web, SlashGear, Android Police, CNET, and Mashable
Tweets: @tomwarren, @ow, @semil, @thomasjeans, @videolan, @theromit, @techcrunch, @semil, @nbougalis, @bodil, @mikedorsey, @mcclure111, @jstrauss, @nick_craver, @thomasnigro, @carnage4life, @meadbadger, @thogge, @olivier_flt, @bahmutov, @markrendle, @brianmcc, @maryjofoley, @lapcatsoftware, @rrhoover, @paulobrien, @ummjackson, @ow, @ow, @zkahn, and @stroughtonsmith
| New York Times: |
Facebook's data-sharing deals with 60+ device makers, including Apple, Amazon, and Samsung, allowed deeper access to users' personal info than previously known — The company formed data-sharing partnerships with Apple, Samsung and dozens of other device makers, raising new concerns about its privacy protections.
More:
Facebook Newsroom, Business Insider, TechCrunch, CNNMoney, CNET, Financial Times, Mashable, and Seeking Alpha
Tweets: @nickconfessore, @superwuster, @facebook, @facebook, @facebook, @facebook, @mixblendr, @aaschapiro, @nitashatiku, @christinawilkie, @yonatanzunger, @reckless, @philippereines, @facebook, @reckless, @iansherr, @reckless, @sarahfrier, @kylegriffin1, @aaschapiro, @nickconfessore, @kevinroose, and @reckless
| 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%.
Tweets: @wilbanks, @deaneckles, @kennwhite, and @fredbenenson
| Steven Sinofsky / Learning By Shipping: |
Overview of insights from Code Conference 2018 interviewees, many of whom treated the opportunity as a platform to apologize — A collection of quotes, one-liners (and apologies) that were interesting, insightful, thought-provoking from #CODECON. — The annual Code Conference continues …
Tweets: @riskreversal and @stevesi
| Stuart Leavenworth / McClatchy Washington Bureau: |
As DNA testing sites like Ancestry.com amass the most sensitive data of millions of people, fears abound about data breaches and changing Terms of Service — DNA for Sale — LEHI, UTAH — It markets its DNA kits with promises that tug at the heartstrings: Discover ancestors. Strengthen family ties.
Tweets: @mcclatchydc and @sleavenworth
| Sarah Perez / TechCrunch: |
No-fees mobile bank Chime raises $70M Series C led by Menlo Ventures, valuing its business at ~$500M, says it adds over 100,000 new bank accounts per month — Chime, the San Francisco-based challenger bank known for its consumer-friendly features and lack of fees, has raised $70 million in Series C financing, led by Menlo Ventures.| Francesco Guarascio / Reuters: |
Finance ministers of Sweden, Denmark, and Finland oppose the tax on the EU revenues of big tech companies proposed by European Commission — BRUSSELS (Reuters) - Finance ministers of the European Union's three Nordic countries have urged their partners to shelve a plan to tax large corporations …
| Zen Soo / South China Morning Post: |
Profile of Alex Zhou, who built his US-based e-commerce site Yamibuy into a $100M business by serving the untapped Chinese migrant community — Alex Zhou, chief executive of US-based e-commerce site Yamibuy, has built a business out of selling hard-to-find items for the Asian immigrant communities
Tweets: @scmp_news, @shanghaiist, and @jrichlive
| Max Willens / Digiday: |
Delivering exclusive or early-access podcasts is expensive, labor-intensive, or leaky as dominant platforms by Apple and Google don't support paywalling content — In theory, premium podcasts should be a great tool for publishers that want to retain and grow their subscriber bases.
Tweets: @sarahrheawerner and @digiday
| Khari Johnson / VentureBeat: |
Beijing-based ForwardX Robotics, maker of a fully autonomous suitcase that follows its owner, raises a $10M Series A — Autonomous luggage maker ForwardX Robotics today announced it has raised $10 million to bring its suitcase Ovis to market. At $399, the luggage can move a maximum 6.2 miles per hour …
More:
SmarterTravel, Maxim, KSWO-TV, and Condé Nast Traveler. Tweets: @ruskin147. Thanks:@francisybea
| Akash Senapaty / FactorDaily: |
A look at the mechanics of Bigo Live, a live streaming app from China, which is popular in South East Asia and claims 40M+ downloads in India, 200M+ worldwide — - Bigo sits comfortably in the top-10 grossing lists in India and other countries. In March 2018 alone Bigo was downloaded over 4 million times and grossed $8m worldwide.| Ingrid Lunden / TechCrunch: |
Nokia completes the sale of its digital health unit to Withings co-founder Eric Carreel, who plans to relaunch it as a Paris-based startup by the year's end — Nokia has closed the books on its unlucky foray into digital health devices and services, and with it, a business is marking its return to the world of startups.
More:
TechRadar.com, VentureBeat, BBC, and Engadget
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From Mediagazer
New York Times:Ankush Khardori / Politico:
Jessica Toonkel / Wall Street Journal: