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July 24, 2017, 9:50 AM
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| Terri Cullen / CNBC: |
KKR's Internet Brands to acquire WebMD in $2.8B deal, for $66.50 per share, which is a 20% premium to Friday's closing price — - Prior to the acquisition WebMD ran a five-month auction and solicited bids from more than 100 companies and private-equity firms.
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Reuters, PR Newswire, VentureBeat, ZDNet, TechCrunch, Business Wire, Bloomberg, MarketWatch, and PE Hub Blog
| Bloomberg: |
Microsoft designs new AI chip for next version of HoloLens, which will let mixed reality goggles recognize speech and images on device instead of the cloud — New HoloLens processor will let mixed reality goggles recognize speech and images — Tech companies are keen …
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Microsoft Research, The Verge, TechCrunch, bit-tech.net, The Register, Inquirer, On MSFT, Neowin, SlashGear, and MSPoweruser
Tweets: @msftresearch, @lucas_matney, @business, @dinabass, @arkitanalysis, @matthiasroder, and @dinabass
| Jon Russell / TechCrunch: |
Grab raises $2B from SoftBank and Didi Chuxing, which says the round could expand by $500M, to help defeat Uber in SE Asia; source: Grab valuation now over $6B — Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing … | Alyssa Hertig / CoinDesk: |
As BIP 91 activates, paving the way for scaling of Bitcoin, Jeff Garzik, lead developer of the SegWit2x network upgrade, talks about what's next for Bitcoin — Jeff Garzik has been accused of a lot of things of late. — Since taking the lead on turning the Segwit2x scaling agreement into code … | Yi Shu Ng / Mashable: |
China forces citizens in Xinjiang, a Muslim-majority region, to put spyware on their phones; locals who don't install the Android app could face 10 days in jail — China has ramped up surveillance measures in Xinjiang, home to much of its Muslim minority population, according to reports from Radio Free Asia.| Costas Paris / Wall Street Journal: |
Norwegian companies plan to deploy an electric autonomous container ship by 2020, with testing starting in 2018 — The Yara Birkeland, slated for launch late in 2018, will make short trips delivering fertilizer — OSLO—Two Norwegian companies are taking the lead in the race to build …
More:
The Verge, Neowin, Fortune, International Business Times, SiliconANGLE, and Axios
Tweets: @martinsfp and @wsj
| Paula Dwyer / Bloomberg: |
Some economists say US tech giants are becoming harmful monopolies, need to be broken up; regulators need to consider alternatives to classic antitrust theory — Apple, Amazon, Google, and Facebook may be contributing to the U.S. economy's most persistent ailments.
More:
TechSpot, Weekly Standard, Newsweek, and Breitbart
Tweets: @johnwilson, @jason_kint, @reckless, @katestarbird, @ameellio, @dtunkelang, and @catinthefurnace
| Zoe Kleinman / BBC: |
UK government plans to require drones weighing 250g or more be registered; drone owners will need to take a drone safety awareness test — The UK government has announced plans to introduce drone registration and safety awareness courses for owners of the small unmanned aircraft.| Casey Newton / The Verge: |
Instagram is pushing restaurants to be kitschy, colorful, and irresistible to photographers — When it came time to design their first restaurant, Media Noche, San Francisco entrepreneurs Madelyn Markoe and Jessie Barker found themselves lacking inspiration.
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512tech. Tweets: @fromedome, @hels, @daveambrose, @caseynewton, @joshconstine, and @caseynewton
| Amy Feldman / Forbes: |
Recruiting software provider Lever raises $30M Series C, bringing the total raised to $62M — Sarah Nahm cofounded Lever five years ago to rethink recruiting for the digital age. The San Francisco-based recruiting software company helps its customers not only track resumes …
More:
HR Technologist, ABC Newspapers, GlobeNewswire News Room, PE Hub Blog, and Business Insider
Tweets: @womenatforbes and @onthedotwoman
| Ingrid Lunden / TechCrunch: |
LinkedIn Lite launches as an Android app in India, coming to 60+ countries soon — LinkedIn, the social network for the working world with more than 500 million members that is now owned by Microsoft, is today taking its next step in its bid to court more users in emerging markets.
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BetaNews, Livemint, Android Authority, The Economic Times, The Financial Express, Adweek, MediaNama, and VCCircle
| Lara O'Reilly / Wall Street Journal: |
Sizmek to acquire fellow ad tech company Rocket Fuel, whose market valuation peaked at around $2B, for $125M — The deal takes Rocket Fuel private and values the company at $2.60 per share — Sizmek, an advertising technology company owned by private-equity firm Vector Capital … Sponsor Posts
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