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November 12, 2018, 11:50 AM
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WeSmirchTop News
| Dan Primack / Axios: |
SAP announces it will buy user experience management platform Qualtrics, which had planned to go public later this month, for $8B — SAP on Sunday night announced that it will purchase Qualtrics, a U.S.-based maker of survey software that had been expected to go public this week, for $8 billion in cash,
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SAP News Center, TechCrunch, Stratechery, VentureBeat, The Register, PE Hub Blog, Haystack.vc, CNBC, Sequoia Capital, SiliconANGLE, Enterprise Times, Telegraph, CNBC, Business Insider, Silicon Valley Business …, ZDNet, and Business Insider
Tweets: @villi, @eladgil, @qualtrics, @profcarroll, @adamsinger, @mdudas, @robertgehrke, @casey__allen, @annbordetsky, @sequoia, and @schreier
| Bloomberg: |
Profile of Qualtrics CEO Ryan Smith, who resisted taking VC money for over a decade before finally agreeing to deals with Accel and Sequoia Capital — - SAP is paying $8 billion in cash for Ryan Smith's Qualtrics — Utah-based software company had been planning to go public
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Fortune. Tweets: @trengriffin, @carnage4life, @alexrkonrad, @paulg, and @paulg. Thanks:@pelstrom
| Alex Konrad / Forbes: |
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Xconomy, VentureBeat, Bloomberg, and GeekWire
| Yonhap News Agency: |
Sources: Samsung to launch the flagship Galaxy S10 in February, while Galaxy S10 with 5G support and its foldable phone called Galaxy F will launch in March — Samsung Electronics Co. plans to launch its first foldable smartphone in March, along with a fifth-generation (5G) network-powered Galaxy S10, industry sources said Monday.| Wall Street Journal: |
A look at the tug of war between the data driven tech team and the relationship-oriented Hollywood team at Netflix — As the company plunges deeper into originals, its L.A. wing is doing the once-unthinkable: overriding the metrics — Netflix Inc.'s executives were torn.
Tweets: @ledgerstatus, @memles, @wsj, @asharma, @sub8u, @memles, @memles, @wsj, @memles, @trevornoren, and @filmmakermag
| Lucas Shaw / Bloomberg: |
Netflix execs talk about plans to boost international growth, want to experiment with lower-priced subscriptions in countries with lower per-capita income — - Streaming service wants to experiment with prices, CEO says — Service has announced 17 new shows from five Asian countries| Kurt Wagner / Recode: |
Sources: Imran Khan, formerly second-in-command at Snap, is working on a new e-commerce startup due to launch next year — Khan plans to launch a new shopping platform in 2019. — Imran Khan, who spent the past four years as the top business executive at Snapchat's parent company, Snap …
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Fortune
| Ingrid Lunden / TechCrunch: |
Kofax to acquire Nuance's imaging division for $400M as it continues building up its AI-based tools for automating repetitive or mundane back-office tasks — Some consolidation and subsequent divestment are in play in the worlds of imaging and voice recognition.
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ZDNet, VentureBeat, Reuters, GlobeNewswire News Room, NASDAQ.com, PE Hub Blog, and Enterprise Times
| Rani Molla / Recode: |
Smart speakers changed audio consumption habits and boosted sales of smart home devices, but hopes for adoption in areas like shopping have not panned out yet — Until we invent something that wouldn't be possible without voice, we're just repurposing online content for our ears.| Josh Constine / TechCrunch: |
Clearbanc, which provides $5K to $10M loans to startups for online marketing in exchange for revenue share, says it has raised $70M in seed and Series A rounds — Selling equity to buy Facebook and Google ads is a bad deal for startups. Clearbanc offers a fundraising alternative.| Paul Sawers / VentureBeat: |
Framer, an Amsterdam-based UI prototyping platform, raises $24M Series B led by Atomico, with Accel and AngelList participating — Dutch design prototyping startup Framer has raised $24 million in a series B round of funding led by Atomico, with participation from Accel and AngelList.
More:
TechCrunch and Tech.eu
| Reuters: |
Regulatory filing shows SoftBank Group seeks to raise ~$21B in an IPO for its Japanese mobile telecom unit on December 19 on the Tokyo Stock Exchange — TOKYO (Reuters) - SoftBank Group Corp's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange …
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Bloomberg, Financial Times, Wall Street Journal, Business Insider, and Axios
| Sarah E. Needleman / Wall Street Journal: |
A look at nascent efforts to stream video games, as latency seems set to drop even lower with the proliferation of data centers and 5G rolling out — By making game consoles unnecessary, streaming could dramatically broaden the videogame market — Technology giants are trying to bring …
Tweets: @saraheneedleman
| Romain Dillet / TechCrunch: |
Facebook agrees to cooperate with France in an informal examination of its content moderation practices and give government access to its internal processes — Facebook and the French government are going to cooperate to look at Facebook's efforts when it comes to moderation.
Tweets: @romaindillet
| Vibhuti Sharma / Reuters: |
Apple's main supplier for Face ID tech, Lumentum, has slashed its revenue forecasts by about 17%; Apple's stock drops ~5% amid concerns of weak iPhone sales — (Reuters) - Apple Inc (AAPL.O) shares fell to their lowest in more than three months on Monday as the main supplier for its Face ID technology … | David Manners / Electronics Weekly: |
Infineon to acquire Dresden-based Siltectra for €124M, will use startup's Cold Split technology to split wafers, thus doubling the number of chips on them — Infineon has bought Siltectra of Dresden, a start-up with an innovative technology (Cold Split) to process crystal material efficiently and with minimal loss of material.
More:
Tech.eu and Compound Semiconductor
| Eliot Brown / Wall Street Journal: |
Report: 1,594 US startups received initial VC funding in the first 9 months of 2018, down 40% from 2015, while median seed round was $2M, ~4X the 2013 average — The result is a big increase in the size of some early-stage investments and valuations — It has been a fast ride … | CoinDesk: |
A look at the heated debate raging in the Bitcoin Cash community ahead of the contentious hard fork that may split the cryptocurrency's blockchain on Nov. 15 — “Do not come crying when you are bankrupt.” — Lobbed at those bitcoin cash enthusiasts supporting Bitcoin ABC …
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Bitfinex blog, Circle, CCN, The Block, CryptoGlobe, poloniex.freshdesk.com, Bitcoinist.com, Bitsonline, Trustnodes, CCN, Financial Times, CCN, CryptoGlobe, CCN, Trustnodes, CoinDesk, Bitsonline, SludgeFeed, BitcoinExchangeGuide, The Block, Bitsonline, ETHNews, NewsBTC, CryptoGlobe, CoinSpeaker, Coingeek, CoinSpeaker, Trustnodes, Trustnodes, Decrypt Media, NewsBTC, Bitcoinist.com, SludgeFeed, Trustnodes, and Coinjournal
Tweets: @poloniex, @proffaustus, @pt, @whalepanda, @zooko, @ljxie, @alistairmilne, and @el33th4xor
| Ismail Shakil / Reuters: |
Cloud-based IT management startup Apptio says it has agreed to be bought by private equity firm Vista Equity Partners for about $1.94B in cash — (Reuters) - Software company Apptio Inc (APTI.O) said on Sunday it had agreed to be bought by private equity firm Vista Equity Partners for about $1.94 billion in cash.
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GeekWire, Apptio Emerge, SiliconANGLE, and Wall Street Journal
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