Techmeme
May 4, 2018, 5:05 PM

Top News

Sankalp Phartiyal / Reuters:
Sources: Flipkart board approved in-principle to engaging Walmart on ~$15B bid with Alphabet investing too; Amazon bid unlikely to win due to competitive issues  —  MUMBAI/BENGALURU/NEW DELHI (Reuters) - Indian e-commerce firm Flipkart's board is yet to finalize a deal to sell a controlling stake …
Sarah Frier / Bloomberg:
Sources: Facebook has been conducting market research to determine whether an ad-free subscription-based version would spur more people to join the network  —  - Internal debate whether users will pay to avoid advertisments  — Data-privacy crisis forces company to seek to regain trust
David McCabe / Axios:
Starting July 10, Google will require people buying ads related to candidates in US federal elections to be US citizens or lawful permanent residents  —  People buying Google ads related to candidates in U.S. federal elections will have to prove they are U.S. citizens or lawful permanent residents beginning July 10, the company says.
Nick Statt / The Verge:
Vine co-founder Dom Hofmann postpones Vine successor v2 indefinitely, citing need for funding, logistical issues conflicting with early-stage startup he runs  —  Citing funding and logistical issues  —  Vine co-founder Dom Hofmann announced today that his planned sequel to the popular …
Sherri L. Smith / Tom's Guide:
Lenovo Mirage Solo review: a great wireless, standalone VR experience with Daydream WorldSense tech and 110° FoV but less content and 2x as pricey as Oculus Go  —  For a while now, there have been limitations on what you could do in virtual reality.  You could walk around the room, but you were tethered to a PC.
Becky Quick / CNBC:
Ahead of annual shareholders meeting, Berkshire Hathaway reveals it bought 75M shares of Apple, adding to the 165.3M shares it already owned at the end of 2017  —  - In the first quarter, Buffett's Berkshire Hathaway bought an astounding 75 million shares of Apple.
Josh Constine / TechCrunch:
Instagram confirms it has added a native payments feature to its app with a limited set of partners, letting users purchase items without leaving Instagram  —  Get ready to shop the 'Gram.  Instagram just stealthily added a native payments feature to its app for some users.

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