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May 11, 2019, 10:15 AM
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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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| Alison Griswold / Quartz: |
Benchmark made billions on an early-stage Uber investment, but it isn't clear if late-stage investors like SoftBank or Saudi Arabia's PIF made serious profit — We've known practically since Uber started dispatching rides that one day it would make a lot of people very rich.| Eric Newcomer / Bloomberg: |
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Tweets: @daveleebbc, @madhavchanchani, @markmilian, @mattrosoff, and @arashmassoudi
| Heather Somerville / Reuters: |
SEC approves the creation of the Long-Term Stock Exchange, or LTSE, a Silicon Valley-based national securities exchange proposed by Eric Ries — SAN FRANCISCO (Reuters) - U.S. regulators on Friday approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur …
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CNBC, Quartz, Wall Street Journal, SEC, TechCrunch, Business Insider, longtermstockexchange.com, and Seeking Alpha
Tweets: @alexisohanian, @garrytan, @anthonyjz17, @bznotes, @sferik, @rrhoover, @martinsfp, @ltse, @christophera, @jespow, @moorehn, and @katemilani
| Josh Constine / TechCrunch: |
In its lawsuit against Rankwave, Facebook alleges Rankwave misused Facebook data outside of the apps where it was collected and refused to comply with an audit — Facebook might have another Cambridge Analytica on its hands. In a late Friday news dump, — TechCrunch has attained a copy …
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Telegraph. Tweets: @lfdodds, @gcluley, @joshconstine, @lfdodds, @lfdodds, @lfdodds, @joshconstine, @lfdodds, @joshconstine, @gcluley, @lfdodds, @lfdodds, @joshconstine, @lfdodds, @lfdodds, and @lfdodds. Thanks:@joshconstine
| Jessica Romero / Facebook: |
Facebook sues Rankwave, a South Korean data analytics company with apps on Facebook, says Rankwave didn't cooperate with efforts to verify policy compliance — Today Facebook filed a lawsuit in California state court against Rankwave, a South Korean data analytics company that ran apps on the Facebook platform.
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CNET, Superior Court …, Gizmodo, Coinspeaker, Forbes, Financial Times, Washington Post, and Seeking Alpha
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| Simina Pasat / The GitHub Blog: |
GitHub unveils GitHub Package Registry, a package management service that supports npm, Maven, RubyGems, NuGet, and Docker, available today in limited beta — Today, we're excited to introduce GitHub Package Registry, a package management service that makes it easy to publish public or private packages next to your source code.
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| Manish Singh / TechCrunch: |
A look at the super app trend in India, where companies like Paytm, Ola, and Amazon are increasingly bundling a range of new services into their apps — Companies like Paytm and Amazon bundle other services to give users an all-in-one experience — Truecaller, an app that helps users screen strangers …
Tweets: @alanmamedi
| Paul Thurrott / Thurrott: |
Internal docs show Windows 10 is now active on 825M+ devices, SwiftKey has 159M+ MAUs, and that the mobile versions of Edge have been downloaded 4.5M times — According to internal documentation viewed by Thurrott.com, Windows 10 is now active on over 825 million devices worldwide.| Bernhard Warner / The Atlantic: |
Algorithms used to take down “terrorist” videos are deleting evidence of war crimes and could hinder efforts to bring human-rights abusers to justice — Algorithms that take down “terrorist” videos could hamstring efforts to bring human-rights abusers to justice. — Journalist based in Rome| Recorded Future: |
The dark web is tiny and unreliable: analysis of 55K onion domains on the Tor network finds only 8,400 had a live site, with many having poor up times — Click here to download the complete analysis as a PDF. — Key Findings — The collection of onion sites that is sometimes called …
Tweets: @webbreacher
| Emily Dreyfuss / Wired: |
Q&A with Melinda Gates on why the tech industry must embrace women's empowerment, how we can get more women and people of color to enter tech, and more — FOR ALMOST 20 years, Melinda Gates has been on a mission to make the world better. When she and her husband launched the Bill …
Tweets: @emilydreyfuss, @caitlin__kelly, @wired, and @wired
| 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, @kellan, @chrissyfarr, @libertyrpf, @mattrosoff, @jordannovet, and @chrissyfarr. Thanks:@mattrosoff
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