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May 10, 2019, 6:25 PM
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| Lauren Feiner / CNBC: |
Uber closes down 7.6% on its first day of trading after raising $8.1B in its IPO, which valued the company at about $82.4B — - Uber debuted Friday on the New York Stock Exchange at $42 per share, trading under the symbol “UBER.” — Uber dropped 7.6% on its first day of trading on the New York Stock Exchange Friday.
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Tweets: @mikeisaac, @stevejang, @ryangraves, @dkhos, @cnbc, @kevinroose, @eladgil, @qhardy, @jamessurowiecki, @rolfewinkler, @msquinn, @shiraovide, @joshk, @tferriss, @pkedrosky, @eliotwb, @obrien, @lexnfx, @lam_barrett, @danprimack, @pkedrosky, @reuters, @amir, @business, @susanthesquark, @emilychangtv, @danprimack, @neilcybart, @scottmaustin, @neilcybart, @emilychangtv, @tonyromm, @stevekovach, @stevekovach, @lexnfx, and @pt
| Eric Newcomer / Bloomberg: |
Profile of Garrett Camp, the Uber co-founder who envisioned the idea of private cars for hire with an app and whose stake in Uber is now worth ~$3.7B — Garrett Camp envisioned cities full of private cars for hire with an app. Travis Kalanick took it from there, and they both became wealthy beyond imagination.
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Tweets: @daveleebbc, @madhavchanchani, @markmilian, @mattrosoff, @dee_bosa, @seth_kaplan, @arashmassoudi, and @seldo
| Casey Newton / The Interface: |
Chris Hughes' op-ed reflects a consensus among early Facebook executives that the company is too large, too powerful, and too deleterious to society's health — Thanks to everyone who wrote with warm wishes about jury duty. Sadly, I was not called upon to serve my democracy.
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The Verge, Slate, Business Insider, CNET, CNBC, and PYMNTS.com
Tweets: @ezraklein, @kevinroose, and @caseynewton
| Chris Hughes / New York Times: |
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Tweets: @ewarren, @benedictevans, @oliviasolon, @chrishughes, @zephyrteachout, @sensanders, @alexstamos, @pinboard, @daphnehk, @anandwrites, @kevin2kelly, @mmasnick, @ezraklein, @karaswisher, @jonrussell, @tomgara, @cwarzel, @charliebeckett, @antoniogm, @antoniogm, @antoniogm, @sunraysunray, @ow, @caseynewton, @cwarzel, @kurtwagner8, @mjb_sf, @marietjeschaake, @carnage4life, @davidklion, @edmundlee, @kimmaicutler, @towcenter, @caseynewton, @alexeheath, @carnage4life, @carnage4life, @mims, @elyssemorgan, @dougsaunders, @cnn, @karaswisher, @zephyrteachout, @donie, @ow, @elipariser, @kelseymsutton, @mscott, @nycjim, @elipariser, and @justinhendrix
| Chris Velazco / Engadget: |
Lyft is testing longer-term car rentals with a small group of customers in San Francisco — Between offering on-demand rides and peppering cities with electric scooters, Lyft has been pushing hard to minimize the need to actually own a car. Now, the company is exploring yet another … | Stewart Clarke / Variety: |
Netflix publishes its first top-10 lists of most-watched content on its platform in the UK, says it will start posting the lists every week in the country — Netflix took a step toward greater transparency Thursday, at least in the U.K., by publishing its first top-10 lists of most-watched content …
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Gizmodo, BGR, Observer, Digital Spy, IndieWire, Slate, and iPhone in Canada Blog
| Steven J. Vaughan-Nichols / ZDNet: |
Google says that all Chromebooks launched this year will be Linux-ready right out of the box — Google has announced that all new Chromebook devices will be Linux ready. — At Google I/O in Mountain View, Google quietly let slip that “all devices [Chromebook] launched this year will be Linux-ready right out of the box.”| Kyle Wiggers / VentureBeat: |
Google says it will create a dedicated placement beneath the search bar for AMP Stories in mobile search results, starting with the travel category — At Google's annual I/O developer conference in San Francisco, the company gave an update on AMP Stories, an open source library … | U.S. Department of Justice: |
US DoJ announces a China-based hacking group has been indicted for a series of computer intrusions including the 2015 Anthem hack which affected ~78.8M people — A federal grand jury returned an indictment unsealed today in Indianapolis, Indiana, charging a Chinese national as part … | Daniel Frankel / Multichannel News: |
TiVo announces plans to split its IP licensing and video products businesses to increase odds of finding a buyer — Company says separating units will help odds of finding a buyer — As expected, TiVo has announced plans to split its IP licensing and video products businesses as the company looks to sell its assets.| Binance: |
Binance says it is significantly increasing its security, revamping its API, 2FA, and withdrawal validation, hopes to resume withdrawals and deposits next week — I would like to share some updates on the security incident. We understand the situation is tough for our community.
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Tweets: @thecryptolark, @binance, and @icodrops
| Christina Farr / CNBC: |
Inside Amazon's acquisition of PillPack as it prepares to take on CVS, Walgreens, and others in the $500B-a-year prescription drug market — It was May 2018, and PillPack CEO TJ Parker was in Seattle to meet with a small contingent from Amazon. — Suitors had been swarming around his online pharmacy …
Tweets: @eugenekim222, @drugchannels, @chrissyfarr, @chrissyfarr, @libertyrpf, @chrissyfarr, @mattrosoff, and @jordannovet. Thanks:@mattrosoff
| Zack Whittaker / TechCrunch: |
Researchers say flaws in a popular GPS tracker, used with elderly or kids, can reveal real-time location and remotely activate its microphone, suggest recall — A popular GPS tracker — used as a panic alarm for elderly patients, to monitor kids, and track vehicles — contains security flaws …
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Fidus Information Security and PYMNTS.com
Tweets: @zackwhittaker, @zackwhittaker, @thekenmunroshow, and @ainsleyoc
| Aditya Kalra / Reuters: |
Sources: India's antitrust watchdog has preliminarily found that Google abused the dominant position of Android and has ordered a full probe in April — NEW DELHI (Reuters) - India's antitrust watchdog has ordered an investigation into Alphabet Inc's unit Google for allegedly abusing …
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Android Authority, SiliconANGLE, The Verge, PYMNTS.com, TechCrunch, Engadget, and Inc42 Media
| Rob Stott / Dealerscope: |
SnapAV, a manufacturer of home networking equipment for integrators, to acquire Control4, a home automation platform, for $680M — Two of the biggest players in the custom integration and home automation space announced an agreement to merge. SnapAV, a leading manufacturer of A/V … Sponsor Posts
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