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June 26, 2017, 11:33 AM
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| Mark Bergen / Bloomberg: |
Alphabet's Waymo partners with Avis to manage its self-driving cars; Avis will maintain Waymo's minivans in Phoenix; Waymo CEO: Zipcar was part of Avis' appeal — Rental car firm will service Waymo vehicles in Phoenix — Zipcar owner could give Waymo much needed access to network| Dan Primack / Axios: |
Sources: Matt Mazzeo, formerly of Lowercase Capital, quits Binary Capital weeks after quietly joining as its third partner; Justin Caldbeck formally resigns — We have some updates on the situation at Binary Capital, the San Francisco-based venture capital firm whose co-founding partner …
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Bloomberg, TechCrunch, Silicon Valley Business …, SiliconANGLE, Business Insider, and PE Hub Blog
Tweets: @danprimack, @micah, and @seldo
| Dan Primack / Axios: |
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CNNMoney, The Information, Pando, TechCrunch, Forbes, Om Malik, and USA Today
Tweets: @pandodaily, @danprimack, and @sarahcuda
| Wall Street Journal: |
Walmart tells some tech providers not to use Amazon Web Services if they want Walmart's business — Wal-Mart is telling some technology companies that if they want its business, they can't run applications for the retailer on Amazon's leading cloud-computing service, Amazon Web Services.| Peter Kafka / Recode: |
Sources: Pandora founder and CEO Tim Westergren plans to step down, will likely stay until a replacement is found — The streaming music giant doesn't have a replacement for its founder lined up. — Pandora co-founder and CEO Tim Westergren plans to step down as the streaming music company's leader …
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CNET, TechCrunch, Axios, Seeking Alpha, hypebot, Fortune, Deadline, and Business Insider. Tweets: @mdudas
| Kia Kokalitcheva / Axios: |
Sources: Pearl Automation, self-driving kit startup founded by ex-Apple engineers that raised $50M, shuts down after poor sales of its wireless rear-view camera — Pearl Automation, an automotive startup founded by former Apple engineers, has decided to shut down, Axios has learned from multiple sources.| Wall Street Journal: |
Sources: Facebook courts talent agencies as it prepares to debut TV-quality shows by late summer with budgets of up to $3M/episode, as well as short-form videos — Facebook is talking to Hollywood studios and agencies about producing TV-quality shows with an eye toward launching original programming …
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The Verge, Business Insider, BGR, Silicon Valley Business …, Fortune, iPhone in Canada Blog, Neowin, Silicon Republic, Tech2, Seeking Alpha, and Engadget
Tweets: @luxalptraum and @kerrymflynn
| Vidhi Doshi / Washington Post: |
Over the past few months, an estimated 60K IT workers have lost their job in India, where employers often cite poor ratings to pressure employees into resigning — NEW DELHI — They were going to be India's gilded generation. — When P.R. Sujoy became a software engineer, he thought his life was made.
Tweets: @raju
| Bloomberg: |
Profile of Starsky Robotics, which hires truckers to train and eventually remotely control semi-autonomous trucks — Just before Stefan Seltz-Axmacher offers a job to an engineer at Starsky Robotics Inc., a driverless trucking startup in San Francisco, he gives them the talk.
Tweets: @aexm, @meganmurp, @chafkin, @planetmoney, @aaronrutkoff, @josheidelson, and @wooglooskr
| Kyle Orland / Ars Technica: |
ZeniMax vs Oculus lawsuit continues as ZeniMax asks for $500M more in damages and lawyer fees, while Oculus argues that the jury verdict should be thrown out — After trial victory, company also ups damage demand from $500 million to $1 billion — Earlier this year, ZeniMax won …
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UploadVR, AusGamers, KitGuru, Gamasutra, Shacknews, UploadVR, Pocket Gamer.biz, and VentureBeat. Tweets: @arstechnica
| Sarah Perez / TechCrunch: |
Google Earth launches Voyager feature with lesson plans and educational tours for classrooms, put together by scientists, nonprofits, and other storytellers — In April, Google introduced a revamped, reimagined version of Google Earth, which included a number of new features that go beyond visualizing … | Christopher Mims / Wall Street Journal: |
With rising competition and no real moat, Uber may find it hard to live up to its $68B valuation, even if it can overhaul its corporate culture — The hard truth for Uber's next CEO is that it might be more taxi company than tech giant — Memo to Uber Technologies' next chief executive … | Matthew Lynley / TechCrunch: |
Samsara, maker of sensors and GPS units for fleet vehicle management, raises $40M Series C at $530M+ valuation led by General Catalyst with return investor a16z — Rapid changes in the shipping industry has caught the attention of investors who are starting to pour large sums of money into the industry.
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PE Hub Blog and Samsara
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