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October 9, 2015, 9:05 PM
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| Kurt Wagner / Re/code: |
Twitter Is Planning Company-Wide Layoffs for Next Week — Jack Dorsey was named permanent CEO of Twitter on Monday, and a big reason he got the job was that as a co-founder, Dorsey isn't afraid to make the tough, necessary decisions. He isn't wasting much time.| Dan Primack / Fortune: |
“Last call!” — Valuations for later-stage tech companies are finally receding, say Silicon Valley dealmakers — Fear and sadness in Silicon Valley — Every couple of months I leave my small Massachusetts town — where most people still shop for their own groceries …
More:
Mattermark and Business Insider. Tweets: @noahpinion, @ajs, @mattrosoff, @peterjthomson, @halletecco, @bfeld, @davemcclure, @mikeisaac, @hchawlah, @puiwingtam and @randfish
| Nitasha Tiku / BuzzFeed: |
A breakdown of October 2014 fundraising documents from WeWork, which raised $400M in June 2015 at a $10B valuation — How WeWork Convinced Investors It's Worth Billions — Startups don't turn into unicorns — the buzzword for companies valued at a billion dollars or more — without a good story attached.
More:
Business Insider and The Awl. Tweets: @sameer_singh17, @tomgara, @kamilstanuch, @danprimack, @miriamgottfried and @hunterwalk
| Wall Street Journal: |
Dell files confidentially for IPO of cybersecurity unit SecureWorks, may be worth up to $2B — Dell Files Confidentially for IPO of Cybersecurity Unit SecureWorks — SecureWorks could begin trading by year-end and may be worth as much as $2 billion — Dell Inc. has filed confidentially …
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Business Insider, TechCrunch, Seeking Alpha, BetaNews, Fortune, ValueWalk, Datamation.com and The VAR Guy
| Matt Hamblen / Computerworld: |
Display Dock for Windows 10 mobile devices to cost $99, will launch alongside the Lumia 950 and Lumia 950XL — Display Dock for new Lumias will cost $99 — Microsoft will charge $99 for an upcoming Display Dock device to connect next-generation Lumia 950 and Lumia 950XL smartphones …
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Macworld, Windows Central, WinBeta, Pocketnow, WMPoweruser, TechnoBuffalo and eWeek
| Sarah Perez / TechCrunch: |
LogMeIn acquires LastPass for $110M in cash and another $15M in cash contingent on LastPass meeting certain milestone and retention targets — LogMeIn Acquires Password Management Software LastPass For $110 Million — With an increasing number of data breaches putting users' personal information at risk … | Mark Bergen / Re/code: |
Google promotes Neal Mohan to SVP for ads and Hiroshi Lockheimer to SVP for Android, Chrome OS and Chromecast — New Google CEO Sundar Pichai Makes First Major Executive Picks — Sundar Pichai, Google's new CEO under the company's Alphabet restructuring, has made his first major wave …
More:
Business Insider and Seeking Alpha
| Emil Protalinski / VentureBeat: |
Google Search app now indexes iOS 9 apps with deep links to open content surfaced from apps, Safari to also show app content by end of month — Google Search now indexes iOS 9 apps with deep links, Safari will show app content by end of the month — In May, Google began allowing iOS developers … | Arik Hesseldahl / Re/code: |
Dell is offering EMC $27.25 a share in cash plus tracking stock in VMware, boosting the value per share to more than $30, representing a $50B+ takeover attempt — Dell Is Offering EMC $27.25 a Share in Cash Plus Special VMware Stock — David Paul Morris, Slaven Vlasic / Getty| Kara Swisher / Re/code: |
DocuSign Chairman and CEO Keith Krach says he will step down as CEO and company will start search for new CEO; will remain chairman 3 years after new CEO starts — DocuSign CEO to Step Down After New CEO Search Is Complete — Chairman and CEO Keith Krach told the staff of DocuSign …
More:
GeekWire and Business Insider
| Washington Post: |
The Chinese government arrested hackers accused of state-sponsored economic espionage at the request of the US before President Xi Jinping's US visit last month — In a first, Chinese hackers are arrested at the behest of the U.S. government — The Chinese government has quietly arrested …
More:
TechCrunch, The Register, Gizmodo, US News, The Diplomat, SC Magazine and The Verge
| Sarah Perez / TechCrunch: |
YC-backed Segment, which allows businesses to use a single API for event tracking, raises $27M Series B led by Thrive Capital — Segment Raises $27 Million For Its “One API To Rule Them All” — Segment, a Y Combinator-backed startup that allows businesses to use a single API for event tracking …
More:
PE Hub Blog, VatorNews, VentureBeat, SiliconANGLE and silicontap.com
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