Techmeme: Box opens at over $20 per share, 44% above IPO price, giving it a valuation of around $2.5B (Alex Wilhelm/TechCrunch)

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January 23, 2015, 2:20 PM

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Alex Wilhelm / TechCrunch:

Box opens at over $20 per share, 44% above IPO price, giving it a valuation of around $2.5B — Box Skyrockets 50% To More Than $21 Per Share In First Minutes As A Public Company — Bam. — Today Box opened at around $20.50, far above its $14 IPO price, giving the company a valuation of around $2.5 billion.

More: Fortune, PandoDaily, ZDNet, GeekWire, Wired, Bloomberg, Gigaom, CNNMoney.com, CNBC, Forbes, Forbes, VentureBeat, Forbes, Zacks Investment Research, Fox Business, New York Times, Reuters, The Next Web, Financial Post, Wall Street Journal, Gigaom Research and Business Insider

Tweets: @tim_cook, @satyanadella, @mims, @levie, @nyse, @monkbent and @hunterwalk

Mark Gurman / 9to5Mac:

Apple targets Watch battery life of 2.5 hours heavy use and 3.5 hours standard use; pure standby battery life likely to be 2-3 days; CPU said to be A5-caliber — Apple targets for Apple Watch battery life revealed, A5-caliber CPU inside — Although Apple has said that the Apple Watch …

Jordan Kahn / 9to5Mac:

Apple HomeKit incompatible with home automation accessories not licensed as MFi products that connect over WiFi, like Nest Thermostat — Apple details HomeKit compatibility with competing home automation platforms, rules out rival Wi-Fi gear — Apple will allow its upcoming Siri-controlled …

More: MacRumors, Re/code, Macworld, iPhone in Canada Blog, Electronista, SlashGear and iLounge. Thanks:@justinkahnmusic

New York Times:

Winklevoss Twins Aim to Take Bitcoin Mainstream With a Regulated Exchange — Bitcoin, the virtual currency that was once the talk of the financial world, has been taking a beating over the last year with the price tumbling downward. — Now two of the biggest boosters of the virtual currency …

More: Gemini, The Verge, SiliconBeat, PandoDaily, TechSpot, SiliconANGLE, BBC, The Next Web, NEWSBTC, Coin Fire, CoinDesk, CoinTelegraph.Com News, PYMNTS.com and Reuters. Tweets: @tylerwinklevoss

Andreessen Horowitz:

Andreessen Horowitz explains 16 tech trends of interest including VR and machine learning — 16 Things — We don't invest in themes; we invest in special founders with breakthrough ideas. Which means we don't make investments based on a pre-existing thesis about a category.

More: VentureBeat and Business Insider. Tweets: @cdixon and @valaafshar

Marco della Cava / USA Today:

Ford opens new Silicon Valley research lab to attract tech talent, work on autonomous cars — Ford's new Silicon Valley outpost seeks tech talent — PALO ALTO, Calif. — The earth-toned office building looks like any other here in Silicon Valley, an airy low-rise designed …

More: New York Times, Gigaom, 9to5Mac, Forbes, Gigaom, CNBC, Wall Street Journal, Reuters, Los Angeles Times, CNNMoney.com, Bloomberg, Jalopnik and The Detroit News

Ingrid Lunden / TechCrunch:

Google Joins Apple, Others Cutting Off Crimea, Blocks AdWords, AdSense, Google Play — Yet more developments around how U.S. sanctions on Crimea, in retaliation against Russia's annexation by Russia, are being adopted by tech companies: Google is the latest to start complying with the orders …

More: TASS, Android Police, 9to5Mac, Gigaom, 9to5Google, Xinhua News Agency, VentureBeat, Electronista and iMore

Dennis Schaal / Skift:

Expedia Acquires Travelocity for $280 Million — The Roaming Gnome, Travelocity's mascot, takes part in the company's 16th birthday festivities at its Southlake, Texas headquarters. Max Faulkner / Fort Worth Star-Telegram/MCT) — Skift Take: Expedia is expected to retain the Travelocity brand.

More: Wall Street Journal, GeekWire, bizjournals, Tnooz and StreetInsider.com

Tweets: @denschaal, @rafat and @skift

Frederic Lardinois / TechCrunch:

Microsoft Acquires Revolution Analytics To Bolster Its Analytics Services — Microsoft today announced that it has acquired Revolution Analytics, an open-source analytics company with a strong focus on the highly popular R programming language for statistical computing.

More: The Official Microsoft Blog, VentureBeat, PC World, VatorNews, Gigaom, SiliconANGLE, GeekWire, ZDNet, Bloomberg and StreetInsider.com

Fortune:

Cover story on the rise of unicorns: 80+ private companies achieve valuations of at least $1B — The Age of Unicorns — Stewart Butterfield had one objective when he set out to raise money for his startup last fall: a billion dollars or nothing. If he couldn't reach a $1 billion valuation for Slack …

More: SiliconBeat, Fortune, Gawker, Business Insider, bizjournals and Sramana Mitra

Tweets: @sifter, @danprimack, @trengriffin, @davewiner and @shaig

Andy Greenberg / Wired:

Ulbricht Confessed to Running Silk Road, His College Friend Testifies — In this courtroom sketch, defendant Ross Ulbricht listens to proceedings from the defense table during opening arguments in his criminal trial in New York, Tuesday, Jan. 13, 2015. Elizabeth Wlliams/AP

More: Forbes, Wall Street Journal, CNET and Ars Technica

Roger Cheng / CNET:

Verizon: Don't expect us to offer a data rollover plan — Verizon CFO Fran Shammo says the carrier won't be following AT&T and T-Mobile's lead. — Don't hold your breath for Verizon Wireless to counter AT&T and T-Mobile with a data rollover program. — That's according to Verizon Chief …

More: PC World, Politico, Ars Technica, Verizon, BGR, Electronista, Mercury News, Ubergizmo, TechnoBuffalo, Droid Life, SlashGear, Digital Trends, PhoneDog.com and The Verge. Tweets: @dannysullivan

Reuters:

Obama quietly abandoned proposal to put phone metadata collected by NSA under non-governmental control — Obama abandons telephone data spying reform proposal: U.S. officials — (Reuters) - President Barack Obama's administration has quietly abandoned a proposal it had been considering …

More: Techdirt

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