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May 11, 2019, 4:40 AM
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| Lauren Feiner / CNBC: |
Uber closes down 7.6% on its first day of trading after raising $8.1B in its IPO, which valued the company at about $82.4B — - Uber debuted Friday on the New York Stock Exchange at $42 per share, trading under the symbol “UBER.” — Uber dropped 7.6% on its first day of trading on the New York Stock Exchange Friday.
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| Alison Griswold / Quartz: |
Benchmark made billions on an early-stage Uber investment, but it isn't clear if late-stage investors like SoftBank or Saudi Arabia's PIF made serious profit — We've known practically since Uber started dispatching rides that one day it would make a lot of people very rich.| Eric Newcomer / Bloomberg: |
Profile of Garrett Camp, the Uber co-founder who envisioned the idea of private cars for hire with an app and whose stake in Uber is now worth ~$3.7B — Garrett Camp envisioned cities full of private cars for hire with an app. Travis Kalanick took it from there, and they both became wealthy beyond imagination.
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Tweets: @daveleebbc, @madhavchanchani, @markmilian, @mattrosoff, and @arashmassoudi
| Heather Somerville / Reuters: |
SEC approves the creation of the Long-Term Stock Exchange, or LTSE, a Silicon Valley-based national securities exchange proposed by Eric Ries — SAN FRANCISCO (Reuters) - U.S. regulators on Friday approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur …
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Tweets: @alexisohanian, @garrytan, @anthonyjz17, @bznotes, @sferik, @rrhoover, @martinsfp, @ltse, @christophera, @jespow, @moorehn, and @katemilani
| Josh Constine / TechCrunch: |
In its lawsuit against Rankwave, Facebook alleges Rankwave misused Facebook data outside of the apps where it was collected and refused to comply with an audit — Facebook might have another Cambridge Analytica on its hands. In a late Friday news dump, — TechCrunch has attained a copy …
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Telegraph. Tweets: @lfdodds, @gcluley, @joshconstine, @lfdodds, @lfdodds, @lfdodds, @joshconstine, @lfdodds, @joshconstine, @lfdodds, @lfdodds, @joshconstine, @lfdodds, @lfdodds, and @lfdodds. Thanks:@joshconstine
| Jessica Romero / Facebook: |
Facebook sues Rankwave, a South Korean data analytics company with apps on Facebook, says Rankwave didn't cooperate with efforts to verify policy compliance — Today Facebook filed a lawsuit in California state court against Rankwave, a South Korean data analytics company that ran apps on the Facebook platform.
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| Simina Pasat / The GitHub Blog: |
GitHub unveils GitHub Package Registry, a package management service that supports npm, Maven, RubyGems, NuGet, and Docker, available today in limited beta — Today, we're excited to introduce GitHub Package Registry, a package management service that makes it easy to publish public or private packages next to your source code.
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| Stewart Clarke / Variety: |
Netflix publishes its first top-10 lists of most-watched content on its platform in the UK, says it will start posting the lists every week in the country — Netflix took a step toward greater transparency Thursday, at least in the U.K., by publishing its first top-10 lists of most-watched content …
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iPhone in Canada Blog, Digital Spy, Observer, BGR, Gizmodo, IndieWire, and Slate
| Christina Farr / CNBC: |
Inside Amazon's acquisition of PillPack as it prepares to take on CVS, Walgreens, and others in the $500B-a-year prescription drug market — It was May 2018, and PillPack CEO TJ Parker was in Seattle to meet with a small contingent from Amazon. — Suitors had been swarming around his online pharmacy …
Tweets: @eugenekim222, @chrissyfarr, @mattrosoff, @drugchannels, @chrissyfarr, @chrissyfarr, @kellan, @libertyrpf, and @jordannovet. Thanks:@mattrosoff
| Recorded Future: |
The dark web is tiny and unreliable: analysis of 55K onion domains on the Tor network finds only 8,400 had a live site, with many having poor up times — Click here to download the complete analysis as a PDF. — Key Findings — The collection of onion sites that is sometimes called …
Tweets: @webbreacher
| Paul Thurrott / Thurrott: |
Internal docs show Windows 10 is now active on 825M+ devices, SwiftKey has 159M+ MAUs, and that the mobile versions of Edge have been downloaded 4.5M times — According to internal documentation viewed by Thurrott.com, Windows 10 is now active on over 825 million devices worldwide.| Chris Velazco / Engadget: |
Lyft is testing longer-term car rentals with a small group of customers in San Francisco — Between offering on-demand rides and peppering cities with electric scooters, Lyft has been pushing hard to minimize the need to actually own a car. Now, the company is exploring yet another … | Chris Hughes / New York Times: |
Facebook co-founder Chris Hughes says Mark Zuckerberg's influence is staggering and that it is time to break up Facebook — The last time I saw Mark Zuckerberg — was in the summer of 2017, several months before the Cambridge Analytica scandal broke. We met at Facebook's Menlo Park …
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Tweets: @ewarren, @benedictevans, @ezraklein, @oliviasolon, @zephyrteachout, @sensanders, @chrishughes, @bgurley, @ezraklein, @alexstamos, @daphnehk, @pinboard, @anandwrites, @kevin2kelly, @mmasnick, @karaswisher, @jonrussell, @tomgara, @cwarzel, @charliebeckett, @antoniogm, @antoniogm, @antoniogm, @sunraysunray, @ow, @caseynewton, @cwarzel, @kurtwagner8, @mjb_sf, @marietjeschaake, @carnage4life, @davidklion, @edmundlee, @kimmaicutler, @towcenter, @caseynewton, @alexeheath, @carnage4life, @carnage4life, @mims, and @elyssemorgan
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