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 …

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