Techmeme: TPG-Led Group Closes $450 Million Investment in Airbnb (Wall Street Journal)

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April 18, 2014, 5:15 PM

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Wall Street Journal:

TPG-Led Group Closes $450 Million Investment in Airbnb — Funding Values Home-Rental Site at $10 Billion — A group led by private-equity firm TPG has finalized an agreement to invest $450 million in Airbnb Inc., valuing the home-rental site at $10 billion, according to people familiar with the situation.

More: TechCrunch, Re/code, PandoDaily, VentureBeat, Business Insider, Mashable and Skift

Deep Nishar / Official LinkedIn Blog:

LinkedIn hits 300M members, 100M in US, says mobile traffic will overtake desktop later this year — The Next Three Billion [INFOGRAPHIC] — We are excited to announce that we reached a big milestone today: there are now more than 300 million LinkedIn members in the world!

More: PC Magazine, Marketing Pilgrim, TechCrunch, Gigaom, Re/code, ZDNet, VatorNews, Techie Buzz, Marketing Land, VentureBeat, Softpedia News, The Next Web, The Tell and WebProNews

Vodafone Social:

HTC hints at DSLR-like optical zoom in the next 18-24 months, “wants to own the selfie market” — HTC talks camera tech: DSLR-destroying optical zooming ‘18 months’ away — The HTC One (M8) is here, and even though we're only in April, it's already a strong contender for phone of the year.

Emil Protalinski / The Next Web:

Facebook's Paper for iOS updated with birthdays, events, photo comments, group updates, and more — Facebook today released the first major update to its Paper for iOS app, adding a slew of new features just 10 weeks after the initial launch. You can download the new version now directly from Apple's App Store.

More: Facebook, SlashGear, PC Magazine, Wall Street Journal, VentureBeat, AllFacebook, Engadget, TechCrunch, 9to5Mac, The Verge, Redmond Pie, iPhone Hacks, VentureBreak and CNET. See also Mediagazer

Sarah Perez / TechCrunch:

Google Trends Debuts Email Notifications For Search Topics, Hot Searches And More — Google Trends, the informative resource that shows you what's currently popular around the web right now in and in the recent past, now offers email subscriptions, Google announced this morning.

More: Inside Search, PC Magazine, The Next Web, BetaNews, Marketing Pilgrim, 9to5Google, Search Engine Land, VentureBreak and WebProNews

Jason Del Rey / Re/code:

Webvan founder Louis Borders is working on a new grocery delivery business — Webvan's Founder Is Back and He's Building Another Grocery Delivery Business — Two years after his high-flying online grocery business collapsed into bankruptcy, Webvan founder Louis Borders was quoted as saying …

More: Valleywag and Business Insider

Ryan Lawler / TechCrunch:

Instacart Could Raise A Big New Round Of Funding Valuing It At $400 Million

Tweets: @danprimack. Thanks:@loyalelectron

Kim Zetter / Wired:

Certificate Revocations Lists increase sharply in the wake of Heartbleed, hogging bandwidth — Heartbleed Bug Sends Bandwidth Costs Skyrocketing — The exposure of the Heartbleed vulnerability last week had a number of repercussions, one of which was to set off a mad scramble by companies …

More: CloudFlare Blog. Tweets: @xor

Joe Mullin / Ars Technica:

Court rules Apple-backed Rockstar must fight case against Google in California, not Texas — Google wins a game of “Escape from East Texas,” linking Rockstar to Apple — A federal judge issued an order today decreeing that Google's court battle against a “patent troll” …

More: Computerworld, Reuters, Electronista, Softpedia News, AppleInsider and Reuters

Dan Goodin / Ars Technica:

Heartbleed exploits expand to VPN devices: attackers hijack user sessions, bypassing multifactor authentication — Heartbleed maliciously exploited to hack network with multifactor authentication — Demonstrating yet another way the catastrophic Heartbleed vulnerability threatens users …

More: M-unition, Wall Street Journal, New York Times, SecurityWeek, IEEE Spectrum Recent …, ReadWrite and Computerworld

Tweets: @pierre and @dangillmor

Parmy Olson / Forbes:

Connected device companies like Nest And Fitbit start side businesses selling data to utilities and health insurers — The Quantified Other: Nest And Fitbit Chase A Lucrative Side Business — The real value in smart gadgets may be not in what they tell you but in what they say to your doctor, insurance company and utilities.

More: Computerworld, Business Insider and TechCrunch

Tweets: @jeffbercovici, @bupbin, @forbestech and @fitbit

Thanks:@parmy

Eric Johnson / Re/code:

King Resolves Trademark Disputes With Two Independent Developers — Candy Crush Saga maker King has resolved its trademark disputes with the developers of two independent games, The Banner Saga and CandySwipe. — The mobile gaming giant had initially opposed Stoic's attempt to trademark …

More: Engadget, Joystiq, Polygon, Pocket Gamer.biz, VG247, GamePolitics blogs, GamesIndustry International, Gamasutra and Eurogamer.net

Ed Christman / Billboard:

Record Labels Sue Pandora Over Pre-1972 Recordings — As expected, the three major labels, ABKCO, and the RIAA filed a copyright infringement lawsuit in New York state court against Pandora for playing pre-Feb. 15, 1972 recordings without making any royalty payments.

More: New York Times, Slyck, VentureBeat, Bloomberg, TheCelebrityCafe.com, Techie News, Wall St. Cheat Sheet, CIO.com, Reuters, Ubergizmo, Spokesman.com, CNET, Associated Press and hypebot. See also Mediagazer

Eva Dou / Wall Street Journal:

HTC hires former Samsung marketing chief Paul Golden, who helped create the Galaxy brand — HTC Hires Former Samsung Marketing Chief — Paul Golden Helped Create Galaxy Brand at South Korean Company — HTC Corp. is hoping to nab a bit of that Samsung shine, as it has hired …

More: Bloomberg, Android Central, Phandroid, MobileBurn.com, CNET, BGR, VentureBeat, Digital Trends, Businessweek and The Verge

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