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September 10, 2018, 10:05 AM
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WeSmirchTop News
| Saheli Roy Choudhury / CNBC: |
Alibaba announces Jack Ma will remain executive chairman for a year, and CEO Daniel Zhang will take over as chairman on September 10, 2019 — - Alibaba said on Monday that CEO Daniel Zhang will take over as chairman of the board in a year, succeeding current executive chairman Jack Ma.
More:
Bloomberg, New York Times, TechCrunch, Alizila.com, Cheddar, South China Morning Post, Bloomberg, Fortune, Silicon Republic, TechNode, CNET, The Hill, Firstpost, CNNMoney, Reuters, iAfrikan, Engadget, Firstpost, Tech in Asia, Reuters, and South China Morning Post
Tweets: @alibabagroup, @alibabagroup, @alibabagroup, @alibabagroup, @alibabagroup, @michaelrpayne1, @melgohcna, @peter_tl, and @joshconstine
| Zen Soo / South China Morning Post: |
Profile of Alibaba CEO Daniel Zhang, who will succeed Jack Ma as Alibaba's chairman, and is best known for his roles as CEO of Taobao and president of Tmall.com — Among the 86,000 employees who work at Alibaba Group Holding, chief executive Daniel Zhang is not known as Daniel, or Mr. Zhang, or even boss.
More:
Axios, China Money Network, Quartz, Bloomberg, SiliconANGLE, CNBC, and VentureBeat
| Guilherme Rambo / 9to5Mac: |
Trend Micro apps including Dr. Unarchiver, the 12th most popular free app in Mac App Store, found to steal and upload sensitive info including browsing history — When you give an app access to your home directory on macOS, even if it's an app from the Mac App Store, you should think twice about doing it.
More:
Cult of Mac, Inquirer, The Eclectic Light Company, Boing Boing, SiliconANGLE, The Next Web, iPhone Hacks, and SlashGear. Tweets: @privacyis1st
| INSIDER: |
Sources: Citigroup developed Digital Asset Receipts or DARs, similar to regulated ADRs, but for crypto, where bank holds asset and issues receipt for investor — - Citigroup has created what it's calling a Digital Asset Receipt or DAR, thought to be the most direct way to invest … | Michael Grothaus / Fast Company: |
In an SEC filing, Snap says its Chief Strategy Officer, Imran Khan, will be stepping down — In an SEC filing, the company said its chief strategy officer, Imran Khan, will be stepping down. On the Form 8-K, Snap revealed: … As the filing states, Khan is apparently not leaving Snap over any disagreements with the company.
More:
TechCrunch, Bloomberg, SEC-Show, Wall Street Journal, and Reuters
Tweets: @sarahfrier, @sarahfrier, @sarahfrier, and @danprimack
| Chris O'Brien / VentureBeat: |
Evaneos, which connects tourists with a list of local travel agencies to book personalized trips, raises $81M Series D led by Partech and Level Equity — Online travel marketplace Evaneos announced it has raised $81 million in venture capital as the Paris-based company seeks to push outside Europe.
More:
Tech.eu and PE Hub Blog
| BuzzFeed News: |
How WhatsApp's popularity in India has fundamentally changed communication norms, exacerbating misinformation sharing, as many only get news through the app — In July, residents of a rural Indian town saw rumors of child kidnappers on WhatsApp. Then they beat five strangers to death.
Tweets: @arunikashyap, @buzzfeedben, @sub8u, @rmac18, @riptari, @pranavdixit, @jasonleopold, and @buzzfeednews
| HBR.org: |
Google Fiber looks like a failure, but it changed the nature of competition in internet infrastructure and accelerated incumbent broadband investments by years — In 2010, Google rocked the $60 billion broadband industry by announcing plans to deploy fiber-based home internet service …
More:
Axios
| CNBC: |
Survey of 1,000+ C-level execs finds the majority view lack of access to software developers as a bigger threat to success than lack of access to capital — - A majority of companies say lack of access to software developers is a bigger threat to success than lack of access to capital.| Conor Witt / TechCrunch: |
Profile of LendingTree, which has avoided the pitfalls plaguing the fintech industry through acquisitions and a focus on cash flow — Through acquisitions and a focus on cash flow, LendingTree has avoided the pitfalls plaguing the industry today — For all of the excitement centered around fintech … | Anasuya Menon / The Hindu: |
India-based startup Nayasale Retail opens a cashier-free retail store called Watasale in the South Indian city of Kochi, the first Amazon Go-like store in India — The Watasale store in Kochi is an experiment in cashier-less shopping — There are no long-winding queues or slow cashiers at Watasale.| Erin Griffith / New York Times: |
Pinterest now has 250M MAU and saw user growth of 27%, revenue growth of 50% YoY, but sources say its reserved approach has frustrated some investors, employees — SAN FRANCISCO — Ben Silbermann does not enjoy being interviewed. He isn't a fan of speaking at tech industry conferences.
Tweets: @kerrymflynn
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