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November 19, 2015, 5:10 PM
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Leena Rao / Fortune:
Square Closes At $13.07 Per Share, Up 45% From IPO Price  —  Square's shares pop in first day of trading.  Shares of Square, the payment technology company founded and led by Twitter TWTR 1.60% CEO Jack Dorsey, closed at $13.07 per share, up 45% from its initial pricing of $9 per share Square …
Wall Street Journal:
Square pays $93M penalty to investors like Rizvi Traverse, J.P. Morgan, and others, thanks to ratchet clause in its 2014 round  —  Square Pays $93 Million Penalty to Some Investors in IPO  —  Square Inc. will have to give some investors additional shares valued at $93 million …
Matt Levine / Bloomberg View:
Lessons from Square's IPO: all investors made at least a 20% return, the ratchet worked perfectly, and valuing companies is hard  —  Square Turns the IPO Corner  —  The initial public offering of Square was supposed to be a sign of doom for unicorns, a proof that you can't make money investing in pre-IPO tech companies any more.
Kelly Winters / Facebook:
Facebook tests tools that offer to hide ex-partners from you and limit the content they can see after breakup  —  Improving the Experience When Relationships End  —  Community Support FYI is a new series of blog posts about how we work to keep the Facebook community safe, supported and connected.
Ben Sisario / New York Times:
Sources: Adele's new album, 25, won't be available on streaming services when it's released on Friday; Adele involved in decision  —  Adele Is Said to Reject Streaming for ‘25’  —  For weeks, the music industry has been awaiting the release of Adele's new album, “25,” with a mixture of excitement and anxiety.
Jon Russell / TechCrunch:
LG partners with local banks to launch its own mobile payment service in South Korea, no word on international plans yet  —  LG Is Developing Its Own Mobile Payment Service  —  Apple Pay, Android Pay, Samsung Pay... there'll one more to add to the list soon.
Patrick Wynn / Official Google for Work Blog:
Google Hangouts rolls out ability to add users without a Google account to video calls by sending an invitation link  —  Meetings made simple with guest access  —  Joining a meeting should be as easy as walking into a room.  That should be the case whether you're meeting in person, or face-to-face over video.
Wall Street Journal:
Activist investor Starboard asks Yahoo to sell core business instead of Alibaba stake because of concerns over large shareholder tax bill  —  Starboard Urges Yahoo to Drop Alibaba Spinoff Plan  —  Firm says risk of tax hit from spinoff too high, pushes company to sell core business
Ben Lovejoy / 9to5Mac:
iFixit Apple Pencil teardown reveals twin emitters to measure angle & orientation, logic board folded in half  —  No new Apple tech survives long without being taken apart by iFixit, and the Apple Pencil is no exception.  Apple didn't make it easy, however, with iFixit having to resort …
Cecilia Kang / New York Times:
YouTube to pay legal fees for a few video creators who are targets of unfair DMCA takedown demands  —  YouTube to Pay Fees for Some Video Makers to Fight Takedowns  —  WASHINGTON — Since its inception, YouTube has been embroiled in long and bitter battles over copyright infringement.
Richard Lawler / Engadget:
Amazon quietly turned on two-factor authentication a few weeks ago after private beta  —  It's time to secure your Amazon account with two-factor authentication  —  Relying solely on passwords to secure important accounts may be outdated, but until they're gone for good your best alternative …

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This is a Techmeme archive page. It shows how the site appeared at 5:10 PM ET, November 19, 2015.

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

Rick Edmonds / Poynter:
Gannett fires an experienced editor overseeing 26 community newspapers for “sharing proprietary information” with a “competing media company”, which was Poynter

CNBC:
Sources: Sinclair is looking to sell 60+ of its 185 TV stations, in markets including Minneapolis and Austin, and is exploring options for the Tennis Channel

Dade Hayes / Deadline:
Nexstar Q1: revenue up 2.1% YoY to $1.28B, net income up 89.8% YoY to $167M, losses for The CW were cut by $50M, or about half 2024's projected loss reductions

More News

Cleve R. Wootson Jr / The Charlotte Observer:
Operator of two sites specializing in pirated music, RockDizMusic.com and RockDizFile.com, gets three years in prison and must pay $48K restitution

Earlier Picks

Adnan F. / SamMobile:
Samsung unveils BRITECELL camera sensor technology with enhanced sensitivity in low light, likely to ship with Galaxy S7 next year
Jimmy Westenberg / Android Authority:
Google Play Store to display “ad-supported” label for all apps containing ads starting in early 2016
Jon Russell / TechCrunch:
India's ride-sharing company Ola raises $500M at $5B valuation to maintain its lead over Uber in the country
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