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March 3, 2017, 8:55 AM
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| Wall Street Journal: |
Snap closes first day of trading at $24.51 per share, 44% above original price of $17, valuing the company at around $34B — Stock begins at $24, above the IPO price of $17, in biggest U.S. tech debut since Alibaba — Snap Inc. shares traded higher in their market debut Thursday …
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Tweets: @scottmaustin, @bonatsos, @scottmaustin, @williamalden, @jonerlichman, @stevekopack, @adrianweckler, @mims, @alexeheath, @joshconstine, @neilcybart, @jasonlk, @modestproposal1, @eskokilpi, @samuelcnn, @reutersbiz, @carlquintanilla, @blakeir, @danprimack, @danprimack, @anildash, and @scottmaustin
See also Mediagazer| Alex Kantrowitz / BuzzFeed: |
Snap's hands-off approach to high profile Snapchat users has alienated some of them, increasing the appeal of Instagram and YouTube — During a November 2014 trip to Los Angeles, Boston-based Snapchat “creator” Mike Platco stopped by Snap's Venice, California, offices to say hello.
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| Tony Cook / Indianapolis Star: |
Mike Pence used an AOL account for sensitive emails when he was governor of Indiana, raising security and transparency concerns; the account was hacked in 2016 — Vice President Mike Pence reportedly used a private email account to conduct public business, including homeland security matters, while he was governor of Indiana.
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Tweets: @cwarzel, @nxthompson, @sambeal, @emptywheel, @sarahlerner, @llsethj, and @mccisnauseous
| Chaim Gartenberg / The Verge: |
Spotify says it has 50M paying subscribers, up from 30M in March 2016 — Spotify continues to cement its place as the leader in music streaming, and today the company announced that it just hit another milestone of 50 million paid subscribers. … It's impressive growth for the company …
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Tweets: @spotify and @katyperry
See also Mediagazer| April Glaser / Recode: |
Virginia becomes first state to legalize autonomous delivery robots on sidewalks, starting July 1; bots must not exceed 10 mph or weigh over 50 pounds — Idaho and Florida may be next. — Virginia has made robotics history. The commonwealth is the first state to pass legislation allowing delivery robots … | Darrell Etherington / TechCrunch: |
After initially refusing, Uber says it will apply for a California DMV self-driving car testing permit — Uber is now in the process of getting a permit from the California DMV to resume testing its self-driving vehicles on public state roads. Uber started testing its self-driving Volvo XC90 SUVs …
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Tweets: @jaycuthrell and @seldo
| Joe Rossignol / MacRumors: |
KGI: 2017 iPhone will retain Lightning port and will add fast charging via USB-C Power Delivery — All three iPhones rumored to be launched in 2017 will retain Lightning connectors with the addition of USB-C Power Delivery for faster charging, including an all-new OLED model …
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Inquirer, O'Grady's PowerPage, Softpedia News, Tech Times, 9to5Mac, PhoneDog.com, CNET, iMore, Mashable, Daring Fireball, ZDNet, Computerworld, Cult of Mac, iPhone in Canada Blog, AppAdvice.com Latest, iPhone Hacks, Ubergizmo, International Business Times, BGR, iDownloadBlog.com, Business Insider, 9to5Mac, AppleInsider, iLounge, and The Verge
| Nat Levy / GeekWire: |
Amazon says AWS outage was caused by human error during routine server maintenance, will make changes to prevent future problems — Amazon has released an explanation of the events that caused the big outage of its Simple Storage Service Tuesday, also known as S3, crippling significant portions of the web for several hours.
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Tweets: @cwarzel, @paullomax, @chrisblizzard, @rmogull, @dberkholz, @spacerog, @hacks4pancakes, @chrisalbon, and @zackwhittaker
Thanks:@toddbishop| Steven Millward / Tech in Asia: |
Messaging app Line unveils AI assistant Clova and Echo-like smart speaker Wave, and says it has acquired a controlling stake in holographic AI firm Vinclu — Messaging app Line is set to make a big push into AI, later this year rolling out a Siri-esque voice assistant and an Amazon Alexa-style smart speaker … | Ron Miller / TechCrunch: |
Contact management service Nimble raises $9M Series A led by Imagen Capital Partners — Nimble CEO Jon Ferrara has been around the contacts block a few times. He was the guy who founded Goldmine, the grandaddy of contact databases. For the last several years he has been working at Nimble …
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Business Wire, SiliconANGLE, and nimble.com
| Cromwell Schubarth / Silicon Valley Business Journal: |
Online lending startup Upstart, founded by ex-Googlers, raises $32.5M Series D and hires ex-Google VP Sanjay Datta as CFO — Upstart, the startup applying machine learning to lending founded by ex-Googlers, has new funding, a new platform and hired a chief financial officer.
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TechCrunch and PE Hub Blog
| Karl Bode / DSLreports: |
Chevrolet offers customers with OnStar Wi-Fi an unlimited 4G LTE data plan via AT&T for $20 per month — GM has announced it will be the first automaker to offer users an unlimited data options for owners of the company's LTE-connected automobiles. If you've tracked in-car connectivity … Sponsor Posts
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