| Andrew Ross Sorkin / CNBC: |
NBCUniversal invested $500M in Snap IPO as part of a strategic investment and partnership, making it the only US media company with a stake — NBCUniversal, a unit of Comcast and parent of CNBC, invested $500 million in Snap during its IPO as part of a strategic investment and partnership, according to sources.| Peter Kafka / Recode: |
NBCUniversal CEO Steve Burke's note to employees: Snap investment “builds on our strategy to drive digital growth for our business” — Here's a note from CEO Steve Burke. — Comcast's NBCUniversal invested $500 million in Snap when it went public this week.| Wall Street Journal: |
Snap closed 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 … | Natasha Singer / New York Times: |
Apple's share of mobile devices shipped to schools has been surpassed by Microsoft and Google in recent years, as cheap Chromebooks and Windows laptops take off — Apple is losing its grip on American classrooms, which technology companies have long used to hook students on their brands for life.| Jason Del Rey / Recode: |
Sources: Amazon is testing Alexa-powered devices that can make phone calls and act as intercoms, may launch new devices this year — Alexa is popular, but daily usage is key. — Amazon plans to unveil one or more new Alexa-powered devices this year that will allow people to initiate phone calls by voice … | Ken Yeung / VentureBeat: |
GM's Maven car-sharing service launches monthly car rentals, with a Chevrolet Tahoe for $1.5K or Chevrolet Volt for $1.1K, including parking and insurance — Over a little more than a year, General Motors (GM) has seen growing interest in Maven, its on-demand ride-sharing service.| 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.| 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 … | Eva Xiao / Tech in Asia: |
Report: WeChat's “mini-programs” are off to a shaky start just one month after launch, with disappointing user traction and unfavorable developer sentiment — Well, that was fast. Just two months after launching, WeChat's mini programs - embedded apps that don't need to be installed … | Todd C. Frankel / Washington Post: |
Apple temporarily stopped buying cobalt mined by hand in Congo after Sky News news found continuing problems with child labor and harsh work conditions — Apple said it has temporarily stopped buying cobalt mined by hand in Congo following a recent investigation by British broadcaster Sky News … | 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 … | Ben Lang / Road to VR: |
Hands-on with LG's SteamVR compatible headset prototype, which seems like a strong competitor to HTC Vive — LG is the first company after HTC to follow the path laid out by Valve for headset makers to bring their wares to SteamVR. That path involves using SteamVR Tracking technology …
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