Techmeme
July 24, 2017, 12:45 PM

Top News

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.
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 …
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 …
Samuel Gibbs / The Guardian:
Microsoft Paint, first released with Windows 1.0 in 1985, to be “removed or deprecated” in the Windows 10 Fall Creators Update; Paint 3D to remain  —  Long-standing basic graphics editing program, used throughout childhoods since the 1980s, has been marked for death
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 …
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.
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.
Tom Hancock / Financial Times:
BingoBox already has more than a dozen Amazon Go-like unmanned shops open in China, plans to have almost 200 more by the end of August  —  Wide use of mobile payments propels country's vendors past the likes of Amazon Go  —  Read next … Like other convenience stores across China …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up  —  Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
The Social Radars:
Jessica & Carolynn Announce Season 5!
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:45 PM ET, July 24, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Zoe Kleinman / BBC: