Techmeme
November 13, 2017, 7:40 AM

Top News

David Z. Morris / Fortune:
Bitcoin Cash's market cap is up 130%+ in 2 days to about $26B, briefly overtaking Ethereum's, and Bitcoin Cash's hashrate has surpassed Bitcoin's  —  The cryptocurrency market is experiencing a complex shakeup this weekend, with a recently created digital token called Bitcoin Cash (BCH) …
Stan Higgins / CoinDesk:
Mining begins of Bitcoin Gold, a fork of Bitcoin that aims to thwart specialized mining chips  —  The newest fork of the bitcoin blockchain is officially live after a rocky start.  —  Developers for the project, dubbed bitcoin gold, published software for the breakaway cryptocurrency today, releasing the code on GitHub as well.
Eric Newcomer / Bloomberg:
Sources: Uber-SoftBank deal to see investors buying $1B of Uber shares at current valuation, proceed with $9B tender offer for secondary shares in coming weeks  —  Uber moves closer to selling up to $10 billion in shares  —  Benchmark agrees to put suit against Uber co-founder on hold
Katie Roof / TechCrunch:
Uber says it's entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment  —  The paperwork's done!  The long-anticipated SoftBank Group investment into Uber has been agreed upon, a spokesperson confirms to TechCrunch.  —  We've been provided the following statement.
Kara Swisher / Recode:
Sources: even with truce between Benchmark and Kalanick, the deal hinged on the success of SoftBank's tender offer for Uber's secondary shares  —  Employees will be able to sell half their stock  —  A “Peace Deal” to settle an ugly boardroom war at Uber is expected to be signed today or tomorrow.
More: Axios and Tech in AsiaTweets: @jason
New York Times:
Inside NSA's Tailored Access Operations group and the investigation into Shadow Brokers, a hack of NSA now considered much more damaging than Snowden leak  —  A serial leak of the agency's cyberweapons has damaged morale, slowed intelligence operations and resulted in hacking attacks on businesses and civilians worldwide.
Aliya Ram / Financial Times:
UK-based Graphcore, maker of machine learning chips, has raised $50M from Sequoia Capital  —  UK chipmaker Graphcore has raised $50m from Sequoia Capital, one of Silicon Valley's top venture capital firms, as the start-up angles to become Britain's biggest maker of artificial intelligence hardware.
Jon Russell / TechCrunch:
Alibaba smashes its Singles Day record once again as sales hit $25.4B, a 39% increase over last year's sales total  —  Alibaba has set another Single's Day record after the e-commerce giant sold over $25 billion of product on the Chinese biggest online shopping date.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, November 13, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Google Online Security Blog: