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March 26, 2018, 10:52 AM
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| Bloomberg: |
Grab to acquire all of Uber's operations in Southeast Asia, including UberEats; Uber gets 27.5% stake in Grab, and Uber CEO will join Grab's board — Grab to buy ride-sharing, food delivery businesses in region — Uber gets 27.5% stake in rival, CEO to join Grab's board
More:
Grab SG, Ars Technica, TechCrunch, Reuters, Digital Trends, MediaNama, Forbes, Mashable, and Seeking Alpha
Tweets: @samzabbel, @noahpinion, @jonrussell, @teddyschleifer, @tjmanotoc, @gwendolynregina, @r0h1n, and @dattadeguru
| Johana Bhuiyan / Recode: |
Uber CEO says they spent $700M in Southeast Asia before deal with Grab; source: Uber feels confident enough in India and Middle East to not retreat from there — As part of the deal, Uber will get a 27.5 percent stake in the company and CEO Dara Khosrowshahi will join the Grab board.
More:
Uber Newsroom, VentureBeat, TechCrunch, TechCrunch, South China Morning Post, Financial Times, Fortune, Reuters, SiliconANGLE, and Axios
Tweets: @shiraovide and @bbcleisha
| Ian Bogost / The Atlantic: |
How every Facebook app in 2010 collected users' personal data, what devs could do with it, and why Facebook can't close the Pandora's box it opened a decade ago — For a spell during 2010 and 2011, I was a virtual rancher of clickable cattle on Facebook. — It feels like a long time ago.
More:
Business Insider, FactorDaily, Associated Press, Stratechery, CNET, and Memex 1.1
Tweets: @max_read, @ibogost, and @catherinecronin
| Josh Constine / TechCrunch: |
New complicated privacy and transparency regulations might be a mere speed bump for Facebook but an insurmountable burden for startups — You know what tech startups hate? Complicated legal compliance. The problem is, Facebook isn't a startup any more, but its competitors are.
More:
Axios, The Verge, South China Morning Post, Beyond Search, CNET, The Hill, and NBC Bay Area
Tweets: @randfish, @profcarroll, @binarybits, @joshconstine, @blehnert, and @joshconstine
| Jean-Louis Gassée / Monday Note: |
More:
Reuters, Bloomberg, PYMNTS.com, 500ish Words, Reuters, Enrique Dans, The Outline, TheStreet, Fortune, Business Insider, and BBC
Tweets: @fmbutt, @charlieangusndp, @oliviasolon, @theatlantic, @edbott, @tdreier, @noahchestnut, @andykroll, @pt, and @jessicahuseman
| Lauren Goode / The Verge: |
Fitbit Versa review: 4 day battery life in a flat, lightweight design with hints of Apple Watch but with poor notification support, and swapping the bands sucks — The Versa is better than Fitbit's earlier smartwatches, but it still has issues — Fitbit needs a win.
More:
TechCrunch, Engadget, Ars Technica, MacRumors, Gizmodo, iMore, Macworld, PC Magazine, Tom's Guide, AndroidHeadlines.com, and CNET
Tweets: @laurengoode and @laurengoode
| David Meyer / Fortune: |
Leader of hacker gang known as Carbanak, who used malware attacks to steal €1B from banks and ATMs, caught in Spain — For the past five years, a gang of hackers known as Carbanak has been targeting banks around the world, stealing well over $1 billion in total.
More:
Europol, ZDNet, Bloomberg, BBC, Silicon Republic, and Reuters
Tweets: @troelsoerting, @europol, and @mikko
| Peter Kafka / Recode: |
Spotify issues guidance for 2018: subs 96M, up 36% YoY, revenue $6.9B, up 30% YoY, gross margins 25%, up from 21%, operating losses $409M, down from $500M — Ahead of its IPO, the streaming service is offering its first-ever guidance: Revenue, subs and margins will be up, operating losses will go down.
More:
Business Wire, 9to5Mac, Reuters, Music Ally, Cult of Mac, and Seeking Alpha
| John Koblin / New York Times: |
Since October, Apple has signed 12 TV projects, nine of them “straight-to-series”; sources say the company aims to roll them out between March and summer 2019 — Known for its bold designs and its big marketing campaigns, Apple relishes its status as a dominant force in the corporate world.| Brian Heater / TechCrunch: |
Wikimedia says Google has contributed $1M+ this year with Apple, Facebook, Microsoft donating ~$50K in matching gifts; corporations account for ~4% of donations — YouTube's plan to combat conspiracy videos with information sourced from Wikipedia got push back from a number of different quarters …
| Sara Salinas / CNBC: |
Facebook stock plunges 5%+ after FTC confirms it has an open non-public probe into the company's privacy practices — The FTC confirmed Monday it's investigating Facebook and its data practices in the wake of the Cambridge Analytica data scandal. — Shares of Facebook fell following the report.
More:
Bloomberg and MarketWatch
| Tara Lachapelle / Bloomberg: |
Video streaming promised cheap, tailored viewing, but customers still pay for content they don't watch as more services launch with exclusive content — 98.54 USD — Like to binge-watch TV? There's an app for that. And another. And another. And another.| Facebook: |
Facebook is rolling out its feature showing more stories from local news sources in News Feed, available in US since January, globally to all countries — By Alex Hardiman, Head of News Product, and Campbell Brown, Head of News Partnerships — Local news helps people connect to their communities …
More:
TechCrunch, Engadget, The Verge, VentureBeat, and Reuters
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