|
August 1, 2016, 12:05 PM
|
Mediagazer
memeorandum
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.
More:
Wall Street Journal, Recode, New York Times, Reuters, TechCrunch, Business Insider, Uber Global, TechCrunch, TIME, AppleInsider, Associated Press, CNET, Upstart Business Journal, Mashable, The Daily Caller, The Verge, Wired, iDownloadBlog.com, Tech Times, Vanity Fair, New York Magazine, TechCrunch, 9to5Mac, iLounge, VentureBeat, MacRumors, Fusion, ITworld.com, Fortune, Guardian, The Next Web, Los Angeles Times, MediaNama, Forbes, livemint.com, TechSpot, Haystack, The Register, Patently Apple, Ubergizmo, GeekWire, Engadget, GeekTime, Digital Trends, TechNode, Cult of Mac, The Information, silicontap.com and Peter O'Kelly's Reality Check
Tweets: @jonrussell, @jonrussell, @danprimack, @ericnewcomer, @tanayj, @niubi, @karaswisher, @chamath, @paulmozur, @mikeisaac, @_kaelo_, @mdudas, @paulmozur, @jasonabbruzzese, @marcuswohlsen, @m_delamerced, @btaylor, @joshelman, @mariakar, @warikoo, @devindra, @mikeisaac, @spencerchen, @dshankar and @spennyli
Thanks:@davemcclure| 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.
| 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 …
More:
Uber Global, International Business Times, Network World, Neowin, SlashGear, PC Magazine, The Verge, Computerworld, Fortune, Gizmodo, SiliconANGLE, Tech Times, Ubergizmo, Business Cloud News, Digital Trends, Business Insider, Engadget, CNET, ZDNet, Reuters and Silicon Valley Business …
Tweets: @agaleszczynski and @stevesi
Thanks:@ravichandrans25| Ingrid Lunden / TechCrunch: |
Verizon buys Fleetmatics, provider of SaaS GPS and logistics products, for $2.4B in cash — Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it's buying Fleetmatics, a telematics company based out of Dublin, Ireland …
More:
Fortune, ZDNet, Tech Trader Daily, Verizon FiOS & Custom TV, Fortune, Bloomberg and Tech Times
| 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.
More:
Recode, Droidmen, Ausdroid, AndroidHeadlines.com, Android Central and TalkAndroid.com
| Jonathan Shieber / TechCrunch: |
Alabama-based Shipt raises $20M Series A to challenge Instacart, Amazon, and Google in fresh food delivery, after becoming profitable in most of its markets — Nestled in a valley between the two tailing ends of the Appalachian foothills, the southern city of Birmingham … | 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:
Wall Street Journal and Wired
| Jack Marshall / Wall Street Journal: |
Brave Raises $4.5 Million to Fuel Growth of Ad-Blocking Browser — The company has raised $7 million in the last year — Brave Software announced Monday that it has raised $4.5 million to help grow its ad-blocking, privacy-centric web browser, which aims to nullify many of the ad targeting …
More:
CNET and TechCrunch
| 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:| 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, Washington …, CIO Dive, DC Inno and ZDNet
| 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
| 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, @naveen_mandava, @tech_ika, @philmorle, @romainrouphael, @gautamseshadri, @braxton and @louishatzis
Sponsor Posts
Tribe AI:
Build AI that works — Tribe builds tech for top AI companies. Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Build AI that works — Tribe builds tech for top AI companies. Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner — Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Hire Kulkan as your penetration testing partner — Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Cultivating creativity and innovation in the modern workspace — In the realm of modern business, success depends on more than just delivering products or services—it requires an environment where creativity thrives and new ideas are welcomed.
Cultivating creativity and innovation in the modern workspace — In the realm of modern business, success depends on more than just delivering products or services—it requires an environment where creativity thrives and new ideas are welcomed.
Mastodon:
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.Who's Hiring In Tech?
The Kevin Rose Show:
How to Cultivate Everyday Dharma, Suneel Gupta (#54)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Subscribe to the Kevin Rose Show!
Techmeme Ride Home:
Tue. 04/23 - Microsoft's Own LLMs and Perplexity's Big Raise
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via
Apple Podcasts,
Spotify, or
RSS.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 12:05 PM ET, August 1, 2016.
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
Winston Cho / The Hollywood Reporter:Rolling Stone:
Daniel Thomas / Financial Times: