Techmeme
July 11, 2016, 11:55 AM

Top News

Joseph Schwartz / SimilarWeb Blog:
On July 7, one day after its release, Pokémon Go had more Android installations than Tinder in US, and by July 8 it was on 5.16% of US Android devices  —  Unless you're been living under a rock or hiding in some tall grass you've probably heard of Pokémon GO, the app that has taken America by storm.
Reuters:
Nintendo's stock rises over 24% in Tokyo trading, extending last week's gains after the release of Pokémon Go  —  Shares of Japan's Nintendo Co soared more than 20 percent in early Tokyo trading on Monday, extending last week's gains, on hopes that the popularity of its new Pokemon GO smartphone game will boost its results.
Darrell Etherington / TechCrunch:
Although Pokémon Go's sudden success is driven by nostalgia, Pokémon's mechanics are uniquely suited for augmented reality  —  Basically everyone is Pokémon Go-ing according to Twitter, and I'm sure basic resources like power and water will soon start to shut down because key staff are out chasing Pikachu.
Russell Brandom / The Verge:
Judge finds “reasonable basis” for fraud in Uber's outsourced investigation of plaintiffs and lawyers who sued CEO Kalanick over surge pricing anti-trust issues  —  When a young labor lawyer named Andrew Schmidt first filed suit against Uber in December of last year, he couldn't have predicted it would make him a target.
Tweets: @sarahcudaThanks:@cauchon
Jacob Donnelly / CoinDesk:
Experts ponder possible effects of Bitcoin “halving”, which cut miner rewards by 50% on Saturday, on Bitcoin price and the mining industry  —  It's an event that brings equal parts predictability and uncertainty.  —  For close to a year, bitcoin miners and investors have been preparing …
Bloomberg:
Line prices IPO at the top of its range at $32.84 per share, to raise up to $1.3B at $6.9B valuation; trading starts July 14 in NY and July 15 in Tokyo  —  Yuji Nakamura , Takashi Amano , Pavel Alpeyev  —  Messaging app to fully exercise greenshoe to sell more stock
Jennifer Baker / Ars Technica:
BT, Vodafone, and other European telcos publish “5G Manifesto” seeking lighter net neutrality regulation to encourage next generation network investment  —  BT, Vodafone, and chums all flex muscles, press for lighter regulation.  —  BRUSSELS—A coalition of nearly 20 telcos including BT …
John Biggs / TechCrunch:
Deleted Tweet archive PostGhost shut down after Twitter cease and desist  —  PostGhost was a nascent website that archived the tweets of the famous, rich, and important.  The site got popular for finding and storing the deleted Tweets of politicians and even Lindsay Lohan who plead with the English PM to #remain.

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Earlier Picks

James Vincent / The Verge: