Techmeme
March 3, 2017, 2:25 PM

Top News

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.
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 …

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Earlier Picks

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