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September 15, 2019, 8:00 PM
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memeorandum
WeSmirchTop News
| David Coats / VC by the Numbers: |
Analysis: ~51% of capital invested into US VC-funded companies exiting over the last decade lost money, while less than 4% generated a 10x or greater return — In fact, we are highly skewed. — Most of us know intuitively that venture investing is a hits driven business.
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AVC and Howard Lindzon
Tweets: @modestproposal1, @federicoantoni, @semil, @merket, @trace_cohen, @trengriffin, and @skupor
| Financial Times: |
Sources: Libra representatives to meet officials from 26 central banks, including the Federal Reserve and the Bank of England, in Basel, Switzerland on Monday — Facebook will be quizzed by global regulators on its planned Libra coin project amid concerns from EU governments over the threat …
More:
Engadget, PYMNTS.com, Reuters, and Cointelegraph
Tweets: @mehreenkhn, @pauvilagarcia, and @kiffmeister
| Rob Walker / New York Times: |
Despite what media and politicians say, there is no tangible tech backlash from consumers, who shrug off warnings of a dystopian future and embrace new tech — Worse, we think there is one. — Mr. Walker is the author of “The Art of Noticing.” — It's fun, and increasingly fashionable, to complain about technology.
Tweets: @evanselinger, @caseynewton, @marcgunther, @wiczipedia, @wiczipedia, @antoniogm, @pakman, @antoniogm, @antoniogm, @stevelohr, and @felixsalmon
| Christoph Rauwald / Bloomberg: |
Volkswagen is unifying its fragmented IT efforts under a new Car.Software unit, which will develop “vw.os”, with first cars with new software shipping next year — - Combined operations to pool about 10,000 software workers — Move will boost efficiency across 12 automotive brands| Wall Street Journal: |
As AT&T's CEO plans to retire, AT&T's TV business keeps declining, the Time Warner integration looks shaky, and now an activist shareholder pushes for changes — Plans by CEO Randall Stephenson to leave the helm to a longtime ally triggered the threat of a proxy fight by an aggressive Wall Street activist investor| Jeremy Horwitz / VentureBeat: |
An overview of Qualcomm's various R&D projects aimed at making 5G technology ubiquitous over the next few years — It was easy to call 5G inevitable. Whatever it was, some next-generation cellular technology was certain to follow 2G, 3G, and 4G into the mainstream of global life.
Tweets: @natetibbits, @bassilelkadi, and @horwitz
| Connie Loizos / TechCrunch: |
Interview with Cloudflare co-founder Michelle Zatlyn on its IPO, its dual-class stock structure giving employees 10x the voting rights over public shares, more — Shares of Cloudflare rose 20% today in its first day of trading on the public market, opening trading at $18 after it priced … | Andy Greenberg / Wired: |
Researchers: flaws in the Crash Override malware, which took down the Ukrainian power grid for an hour in 2016, kept it from causing lasting damage — A fresh look at the 2016 blackout in Ukraine suggests that the cyberattack behind it was intended to cause far more damage.| Renee Dudley / ProPublica: |
Ransomware hackers are targeting managed service providers, causing chaos for the city governments, medical clinics, and smaller businesses who use them for IT — On July 3, employees at Arbor Dental in Longview, Washington, noticed glitches in their computers and couldn't view X-rays.
Tweets: @sesmith, @propublicail, @propublica, @guptamnka, @propublica, @danlgolden, and @propublica
| Srividya Kalyanaraman / AmericanInno: |
CIMCON Lighting, whose smart city platform simplifies the deployment of sensors, cameras, and other devices, such as Wi-Fi access points, raises $33M Series C — Burlington-based smart city solutions maker CIMCON raised $33 million in a Series C round led by Digital Alpha.
More:
PR Newswire, Smart Cities World, and Biometric Update
| Jeff Abramowitz / Wired: |
Launched 20 years ago, Wi-Fi nearly lost out to the rival HomeRF, which was developed and promoted by a group including Compaq, HP, IBM, Intel, and Microsoft — Opinion: Launched 20 years ago this week, Wi-Fi nearly hit a dead spot. — We all love Wi-Fi, except when we can't connect.
Tweets: @davwrigh, @mgsiegler, @joshelman, @wired, @wired, and @oliakanevskaia
| Cyrus Lee / ZDNet: |
China Unicom and China Telecom, the two smaller mobile carriers among China's big three operators, are teaming up to build 5G networks across 15 Chinese cities — China Unicom has struck a deal with its rival China Telecom to build their 5G networks together to cut costs.Sponsor Posts
TELUS Digital:
See how your customer experience priorities compare — TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing. Get the results. No form fill required!
See how your customer experience priorities compare — TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing. Get the results. No form fill required!
Intel:
Intel Delivers powerful CPUs for AI and Networking — With the onset of AI, businesses demand powerful and efficient CPUs. Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Intel Delivers powerful CPUs for AI and Networking — With the onset of AI, businesses demand powerful and efficient CPUs. Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
The rise of AI in recruitment — Note: This is a guest post by our integration partner Ringover.AI has already begun transforming recruitment, but in the coming years, it will reach new heights.
The rise of AI in recruitment — Note: This is a guest post by our integration partner Ringover.AI has already begun transforming recruitment, but in the coming years, it will reach new heights.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Lenny's Podcast:
Become a better communicator: Specific frameworks to improve your clarity, influence, and impact | Wes Kao (coach, entrepreneur, advisor)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
(BNS) The Legality Of The AI Stuff
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Hard Fork:
Tech Stock Shock + Solving the Mystery of OpenAI's "Blip" + Tinder's Flirt-Off
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
BG2 Pod:
Liberation Day, Tariffs, US v China Open Source, OpenAI Fundraise, $CRWV, TikTok
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner and Bill Gurley.
Subscribe to BG2 Pod.
Decoder with Nilay Patel:
What AI anime memes tell us about the future of art and humanity
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Great Chat:
Battle of the startup cities
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
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| Catalin Cimpanu / ZDNet: |