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August 1, 2016, 10:25 AM
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Mediagazer
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WeSmirchTop News
| Eric Newcomer / Bloomberg: |
Didi Chuxing acquires Uber China; Uber China investors get a 20% stake of the combined business, which sources say has a $35B valuation — Uber Technologies Inc. will merge its China business with Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter.
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Wall Street Journal, Recode, New York Times, Business Insider, AppleInsider, Uber Global, Associated Press, TechCrunch, TIME, Recode, Reuters, 9to5Mac, The Register, TechCrunch, Vanity Fair, CNET, New York Magazine, The Verge, Wired, Patently Apple, GeekTime, TechCrunch, TechSpot, Cult of Mac, VentureBeat, MacRumors, Fusion, ITworld.com, Fortune, Guardian, The Next Web, Los Angeles Times, MediaNama, Forbes, livemint.com, Mashable, Haystack, Ubergizmo, GeekWire, Engadget, Digital Trends, TechNode, The Information and Peter O'Kelly's Reality Check
Tweets: @danprimack, @paulmozur, @jonrussell, @jonrussell, @ericnewcomer, @tanayj, @niubi, @karaswisher, @chamath, @paulmozur, @mikeisaac, @_kaelo_, @mdudas, @jasonabbruzzese, @marcuswohlsen, @m_delamerced, @btaylor, @joshelman, @mariakar, @warikoo, @devindra, @mikeisaac, @spencerchen, @dshankar and @spennyli
Thanks:@davemcclure. See also Mediagazer| Didi Chuxing: |
Didi Chuxing to acquire UberChina — Combined resources to promote healthy development of the rideshare industry — Didi Chuxing today announced a strategic agreement with Uber under which Didi Chuxing will acquire all assets of UberChina—including its brand,business operations and data—for operation within mainland China.
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Travis Kalanick, Washington Post, Bloomberg, Business Insider, Fortune and Computerworld
| Leslie Hook / Financial Times: |
Source: Uber to invest $500M into its own global mapping project — Uber is preparing to pour $500m into an ambitious global mapping project as it seeks to wean itself off dependence on Google Maps and pave the way for driverless cars. — The San Francisco-based transportation company …
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Uber Global, International Business Times, Computerworld, Network World, Neowin, SlashGear, Tech Times, The Verge, Business Cloud News, PC Magazine, Fortune, Engadget, Gizmodo, SiliconANGLE, Ubergizmo, CNET, Digital Trends, Business Insider, Reuters, Silicon Valley Business … and ZDNet
Tweets: @agaleszczynski and @stevesi
Thanks:@ravichandrans25| Ben Schoon / 9to5Google: |
Google has shipped 30M Chromecasts since launch in 2013, 5M in the past two months — On an earnings call earlier this week where Alphabet announced $21.6 billion of revenue in Q2 2016, Google CEO Sundar Pichai responded to questions regarding Google's own strategies, including hardware.
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Recode, Droidmen, Ausdroid, AndroidHeadlines.com, Android Central and TalkAndroid.com
| Dean Takahashi / VentureBeat: |
Chinese consortium led by Giant to buy Playtika, a virtual goods social casino game company, for $4.4B — Niantic Labs' John Hanke will be delivering a fireside chat for AR/VR day (augmented reality/virtual reality) at GamesBeat 2016. Get a ticket here! — A consortium of Chinese companies led … | Yancey Strickler / The Kickstarter Blog: |
Study: Kickstarter has created 8.8K companies, 29.6K full-time jobs, and $5.3B for project owners and their communities — A new study by the University of Pennsylvania provides the first comprehensive look at how the Kickstarter community impacts the creative economy. The study finds that Kickstarter projects have:| Sam Byford / The Verge: |
How LeEco differentiates itself from other Chinese manufacturers like Xiaomi through its focus on entertainment media, drawing from its streaming video origins — Chinese tech firm LeEco made its biggest splash on American soil yet yesterday with the announcement that it's acquiring Vizio, the biggest US maker of TVs, for $2 billion.
More:
Wired and Wall Street Journal
| Jeffrey Rodman / Backchannel: |
Polycom's co-founder Jeffrey Rodman recounts the early days of his $2B company — Polycom's co-founder on the best investment he ever made, and why thinking small is a big idea … was March of 1991 and Polycom co-founder Brian Hinman and I were on yet another urgent trip to buy components.
Tweets: @backchnnl
| Paul Sawers / VentureBeat: |
Cybersecurity startup PhishMe, which helps employees spot phishing attacks, raises $42.5M Series C from Paladin Capital Group and Bessemer Venture Partners — PhishMe, a cybersecurity startup that helps companies thwart phishing attacks among other targeted malware, has closed …
More:
Business Wire, CIO Dive, Washington …, DC Inno and ZDNet
| Fred Wilson / AVC: |
Blockchain technology and crypto-tokens enable new business models for creating open protocols, financed by the tokens protocol creators retain at launch — Protocols are a geeky topic. It's way more interesting to talk about applications. People will go on and on about why they like gmail or some other email application.
Tweets: @arnaudcapdupuy, @romainrouphael, @gautamseshadri, @naveen_mandava, @braxton, @tech_ika, @philmorle and @louishatzis
| Michael Andronico / Tom's Guide: |
Axon 7 review: ZTE's best phone to date with good build quality, fast performance, and a useful and clean MiFavor 4.0 UI, but OnePlus 3 offers more for $399 — The term “affordable flagship” is inescapable these days, thanks to a crop of low-cost unlocked devices that can hold their own among the iPhones and Galaxies of the world.
More:
CNET, Android Authority and Engadget
| Sean Michael Kerner / eWeek: |
Google has issued patches for 115 Android Stagefright-related flaws since vulnerability was made public a year ago — On July 27, 2015, news broke about Stagefright, a vulnerability in Android. A year later, it's clear that Stagefright has had a major impact on the mobile security world …
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Android Beat
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