Techmeme
October 19, 2017, 4:50 PM

Top News

Elyse McAvoy / Lyft Blog:
Lyft says it has raised $1B, led by Alphabet's CapitalG, at an $11B post-money valuation  —  Today we're happy to announce CapitalG — Alphabet's growth investment fund — is leading a $1 billion financing round in Lyft.  This brings Lyft's post-money valuation to $11 billion.
Peter Kafka / Recode:
Sources: Facebook's news subscription tool is delayed on iOS over Apple's 30% App Store cut; the tool will rollout on Android phones over coming weeks  —  The problem: Apple's 30 percent tax.  —  Facebook's effort to help media companies sell subscriptions has hit a snag: Apple.
Wall Street Journal:
Apple Watch customers in China no longer able to sign up for cellular service; analysts say change is likely due to government concerns over tracking users  —  BEIJING— Apple Inc. AAPL -0.44% has another headache in China: this time with its latest watch.  —  For the first time …
Tony Romm / Recode:
Senate bill on political ads, called the Honest Ads Act, would regulate web firms with 50M+ annual visitors, require copies of ads and info on $500+/year buyers  —  An early look at the Honest Ads Act by Sens. Mark Warner, Amy Klobuchar and John McCain  —  A trio of top Senate lawmakers …
Kia Kokalitcheva / Axios:
Tony Fadell, co-founder and ex-CEO of Nest, launches Future Shape, an investment and advisory firm for startups in agriculture, robotics, transportation, more  —  Tony Fadell, a co-creator of Apple's iPod and the co-founder and ex-CEO of Nest, has revealed his next project …
Wall Street Journal:
How Amazon uses an in-house team of specialists to gain incentives from local and state governments for building projects, including its second headquarters  —  Cities and states woo e-commerce giant to house its second headquarters; request for proposals closes Thursday
Nathan Ingraham / Engadget:
Sonos One review: the Alexa-enabled speaker has better sound than Google Home or original Echo, works with most music services, but setup process is complicated  —  When Sonos released the Play:5 speaker in late 2015, the Amazon Echo was still an unproven tech curiosity.

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Earlier Picks

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