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Techmeme
March 20, 2014, 2:30 PM
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Top News

Wall Street Journal:
Airbnb In Advanced Talks to Raise Funding at a $10 Billion Valuation  —  Private-Equity Firm TPG Likely to Lead Funding Round for the Online Home-Rental Marketplace  —  Airbnb Inc. is in advanced talks to raise funds that would value the online home-rental marketplace at more than $10 billion …
Lorraine Luk / Wall Street Journal:
China Mobile Added About 1 Million New iPhone Users in February  —  HONG KONG— China Mobile Ltd added about one million new iPhone users last month after it started offering the popular smartphone in mid-January, Chief Executive Li Yue said Thursday.  —  The comment came hours …
Mike Isaac / Re/code:
As Messaging Wars Escalate, Social App Tango Raises $280 Million  —  Social startup Tango announced Thursday that it had raised a massive $280 million Series D round of venture funding, the latest significant move among a handful of high-profile apps all vying to own the mobile messaging space.
Katherine Rosman / Wall Street Journal:
Fitbit Now Faces a Class-Action Suit in Rash Fallout  —  A month after Fitbit issued a recall of its fitness-tracking bracelet following complaints of blisters and rashes, the startup now faces its first lawsuit.  —  The suit, filed on Monday in the Superior Court of California in the County of San Diego …
Cade Metz / Wired:
Facebook migrates to, open-sources Hack, a language resembling PHP with gradual typing  —  Facebook Introduces ‘Hack,’ the Programming Language Of the Future  —  Facebook engineers Bryan O'Sullivan, Julien Verlaguet, and Alok Menghrajani spent the last few years building a programming language unlike any other.
More: Facebook Code, Gigaom and Engadget.  Tweets: @bobmcmillan
eMarketer:
Driven by Facebook and Google, Mobile Ad Market Soars 105% in 2013  —  Mobile ad spending on pace to reach $31.45 billion this year  —  Last year, global mobile ad spending increased 105.0% to total $17.96 billion, according to new figures from eMarketer.  In 2014, mobile is on pace …
Leena Rao / TechCrunch:
Google-Backed Lending Club Brings Peer-To-Peer Lending To Business Loans  —  Peer-to-peer lending marketplace Lending Club is announcing a major expansion today into business loans.  —  Lending Club brings together lenders and borrowers who want to cut out banks in the process of investing among peers …
Tom Cheredar / VentureBeat:
Ad platform Rubicon Project sets $108M IPO  —  Advertising platform Rubicon Project has announced terms for an initial public offering today that will have the company seeking to raise $108 million.  —  Rubicon Project operates an automated digital ad exchange that allows you to both buy and sell ads.
Leena Rao / TechCrunch:
Mobile Workforce Startup Gigwalk Pivots, Raises $10M From Nokia And Others  —  Exclusive: Gigwalk, a mobile app that allows consumer packaged goods (CPG) companies to enable a mobile workforce, has raised $10 million from Nokia Growth Partners (NGP), new investor Randstad Holding NV …
Deborah Gage / Wall Street Journal:
Coupa Raises $40M For Cloud Procurement Software, Takes On SAP  —  Coupa Inc., which helps companies track spending on items like travel and office supplies that can quickly eat into corporate budgets, raised another $40 million, bringing total funding to $87 million.
David Pierce / The Verge:
The story of Motorola's smartwatch from the man who designed it  —  The Moto 360 is a breathtaking design — here's how it came to be  —  Eventually they just made a watch.  —  Motorola design chief Jim Wicks and his team had spent a year and a half designing the device that would ultimately become …

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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.

From Mediagazer

Amy Graff / SFGATE:
KQED, a Bay Area NPR and PBS affiliate, is initiating buyouts, and may have layoffs or a hiring freeze; in 2023, revenue hit $90.4M and expenses $100.9M

Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors

Sara Fischer / Axios:
Puck hires veteran journalist and TV commentator John Heilemann as its chief political columnist and partner, as the outlet expands its presence in Washington

More News

Earlier Picks

Nathan Kirsch / Legit Reviews:
Intel Desktop Roadmap Update - Devil's Canyon, Broadwell, Haswell-E
Stephanie M. Lee / The Technology Chronicles:
Augmedix raises $3.2 million to bring Google Glass into doctor's office
Ellen Nakashima / Washington Post:
Official: Court's sign-off for queries on Americans' data would be impractical
Levi Pulkkinen / Seattle PI:
Ex-Microsoft employee charged with passing journalist trade secrets
Martin Beck / Marketing Land:
Google Search Can Now Take Photos, Videos, On Your Android Phone
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