| Nate Lanxon / Bloomberg: |
Minecraft is adding a new marketplace with its own currency this spring, where creators can monetize their original content — Microsoft Corp. is adding a new marketplace — and a brand new currency — within the video-game Minecraft, opening up the opportunity for businesses to sell … | The Economic Times: |
Flipkart raises $1.4B from Tencent, eBay, and Microsoft at $11.6B post-money valuation, down from its $15.2B valuation in May 2015, and acquires eBay India — India's largest e-commerce marketplace Flipkart has announced a $1.4 billion fundraise from new investors Tencent … | Chris Welch / The Verge: |
LeEco calls off its $2B purchase of TV maker Vizio, instead forming “partnership” that brings Le app to some Vizio devices and Vizio products to China — LeEco is no longer buying Vizio. Today the companies jointly announced that “the merger agreement to acquire Vizio will not proceed due to regulatory headwinds.”| Aaron Pressman / Fortune: |
AT&T to acquire wireless carrier Straight Path in $1.6B deal for its spectrum, ahead of 5G push, paying almost 3x Straight Path's stock price — AT&T just settled the Wall Street debate over the value of high bandwidth airwave rights suitable for super-fast next generation wireless networks.| Andrew E. Kramer / New York Times: |
| Mary Jo Foley / ZDNet: |
Microsoft to buy Kubernetes container-orchestration vendor Deis — Containers, containers, containers: Microsoft is buying Deis, a San Francisco-based Kubernetes orchestration specialist for an undisclosed amount. — Microsoft is buying Kubernetes container-orchestration specialist Deis for an undisclosed amount.| Jing Cao / Bloomberg: |
Source: Blue Apron had revenue of between $750M and $1B last year and was profitable in Q3 — The company has built an impressive high-tech operation but is spending heavily to lure customers who are always a bad experience away from bailing. — by — Jing Cao| Sarah Perez / TechCrunch: |
Twitter now lets brands make “custom hearts” for Periscope live videos, declines to disclose pricing — Those little hearts you tap to signal to a live video's creator that you're enjoying the content might look a little different on Twitter in the future.| Hilary Osborne / The Guardian: |
UK payday lender Wonga says personal data of up to 270K customers may have been stolen in a data breach — Personal details from hundreds of thousands of accounts may have been illegally accessed, admits payday lender — More than a quarter of a million customers of payday loan firm Wonga … | Bloomberg: |
Sources: Foxconn indicates a preliminary bid for Toshiba's chip business of about $27B; SK Hynix Inc. and chipmaker Broadcom also make bids — Toshiba Corp. and the Japanese government want to sell the company's semiconductor business to a domestic buyer, but foreign bidders are proving … | Economist: |
Shenzhen, home to companies like Huawei and DJI, challenges the “copycat China” myth as it becomes a global hub of innovation in hardware and manufacturing — ON A RECENT weekend several hundred academics and lawyers gathered in a hotel ballroom in Shenzhen for a discussion on … | Jamie Feltham / UploadVR: |
AMD buys Nitero for low latency wireless streaming tech to make desktop VR headset cables unnecessary — Nitero, a company working in the increasingly prevalent wireless desktop VR sector, has just been acquired by AMD. — AMD is best known for its CPUs that power VR-ready PCs …
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