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April 24, 2017, 11:35 AM
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| Mike Isaac / New York Times: |
A look at Travis Kalanick's risk taking, from his early startups to Uber, which once led Tim Cook to threaten Kalanick with app removal for breaking store rules — Travis Kalanick's drive to win in life has led to a pattern of risk-taking that has put his ride-hailing company on the brink of implosion.
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| Sarah Perez / TechCrunch: |
Twitch launching an invite-only affiliate program allowing non-partnered channels to earn revenue, starting with chat-based “Cheering with Bits” tipping feature — On the heels of yesterday's news about expanded subscription options for partners, video streaming site Twitch today …
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Twitch Blog, Gotta Be Mobile, Forbes, PYMNTS.com, Engadget, VentureBeat, Kotaku, SlashGear, The Verge, The Verge, Ubergizmo, and Tom's Hardware. Tweets: @professorbroman
| Paul Sawers / VentureBeat: |
Netflix to raise $1B through debt offering to fund new content and other “strategic transactions” — Netflix has announced that it intends to raise €1 billion — a smidgen more than $1 billion (USD) when converted at today's rate — via a senior note debt offering for … | Ingrid Lunden / TechCrunch: |
LinkedIn says it now has 500M members in 200 countries, up from 467M in October 2016; it has 9M+ companies and 10M+ jobs listed — Now that LinkedIn is a part of Microsoft (after closing its $26.2 billion acquisition in December), the social networking site for the working world no longer reports earnings …
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Official LinkedIn Blog, BetaNews, VentureBeat, LinkedIn Marketing …, Fortune, On MSFT, and MSPoweruser
| Ruth Reader / Fast Company: |
Profile of PayPal subsidiary Venmo, which has grown to an estimated 7M MAUs and processed $18B in payments in 2016 after struggling early with compliance, fraud — Under parent company PayPal, the millennial-focused payments app is finally ready to make some money. — [Illustrations: Danilo Agutoli]| Ainsley Harris / Fast Company: |
Inside the demise of Tilt, which raised a total of $67M+, was valued at $375M in 2015, but was recently bought by Airbnb, reportedly for $12M — In 2015, social payments company Tilt was worth $375 million. Less than two years later, it had lost over 95% of its value and was sold for a pittance.
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Longreads
| Wall Street Journal: |
Sources: Amazon has created a team for self-driving tech, which focuses not on building vehicles, but on how to leverage them — Group could help retailer deliver packages quickly as it builds out its supply chain and logistics network — Amazon.com Inc. AMZN -.39% has created a team focused … | Sheera Frenkel / BuzzFeed: |
How Russian hacking evolved: simple credit card schemes in the '90s, takeover by organized crime in the '00s, and now joint criminal and government hacker teams — SAN FRANCISCO — Just past 8 a.m. on March 14, police trod quietly through the snow to the double-fronted doors of Karim Baratov's lavish home in Ancaster, Ontario.| Davey Alba / Wired: |
Inside Google's ads quality rater program, where contractors rush to flag and label inappropriate YouTube content for $15 per hour, while training Google's AI — Every day across the nation, people doing work for Google log in to their computers and start watching YouTube. They look for violence in videos.| Economist: |
How Alibaba, Tencent, and Baidu fight for dominance in China while trying to expand abroad — Tencent is leading the acquisition spree, with Alibaba a close second — THERE was a time, not that long ago, when China's big internet companies were dismissed by investors in Silicon Valley …
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Fortune
| Kyle Orland / Ars Technica: |
Revised NPD report for 2016 shows digital revenue accounted for 74% of US game spending, reaching $18.13B versus $6.37B from physical sales — NPD “restatement” shows consistent spending growth as digital sales dominate. — Last year, the Entertainment Software Association's annual … | Nicole Perlroth / New York Times: |
Russian hacker Roman Seleznev sentenced to 27 years for theft, sale of 2M+ CC numbers resulting in $170M+ in losses, the longest hacking-related sentence in US — Federal prosecutors have yet to capture or convict the foreign computer criminals believed to be behind the hackings of big retailers like Target and Neiman Marcus.Sponsor Posts
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