Techmeme
March 2, 2016, 7:40 PM

Top News

Casey Newton / The Verge:
Inside indie photo app developer Pixite's struggle as US app market reaches saturation  —  Life and death in the App Store  —  As last year began, the app developer Pixite held its company retreat at a converted Old West movie set outside of Palm Springs.
Andrea Shalal / Reuters:
Eric Schmidt, executive chairman of Alphabet, to head new Pentagon innovation board  —  Former Google CEO Schmidt to head new Pentagon innovation board  —  Eric Schmidt, the former chief executive officer of Google, has agreed to head a new Pentagon advisory board aimed …
Eric Newcomer / Bloomberg Business:
Sources: Slack is seeking between $150M and $300M in new financing at up to a $4B valuation  —  Messaging Startup Slack Seeks Up to $4 Billion Valuation in Funding Round  —  The company is said to be in talks to raise $150 million to $300 million in financing.
Toby Sterling / Reuters:
The international business of Uber lost $237M during 2014 expansion, says company filing  —  Uber racked up big international losses during 2014 expansion  —  The international business of Uber, the U.S.-based ride-hailing service, lost $237 million in 2014, a big increase on a deficit …
Tweets: @robinwauters
Andrea Shalal / Reuters:
Pentagon invites vetted experts to hack some DOD websites in a pilot program later this month; the rules and compensation have not been finalized  —  U.S. military invites vetted experts to ‘Hack the Pentagon’  —  The Pentagon said on Wednesday it would invite vetted outside hackers to test …
Catherine Shu / TechCrunch:
Mercari, a peer-to-peer shopping app, has raised $75M Series D at a valuation of over $1B, becomes Japan's first pre-IPO startup unicorn  —  Marketplace app Mercari nabs $75M to become Japan's first startup unicorn  —  Mercari, a peer-to-peer marketplace app, has claimed the title of Japan's …

Sponsor Posts

Microsoft:
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Zoho:
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Brookings Institution:
Why Pokemon Go's technology is no fad  —  Pokemon Go has ignited the digital world.  Every news organization has reported on why Pokemon Go, the smartphone app based on the Japanese cartoon game from the 1990s, is extraordinarily popular.
 

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