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October 9, 2015, 6:30 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
| 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 …
More:
Business Insider, TechCrunch, BetaNews, ValueWalk, Fortune, Seeking Alpha, Datamation.com and The VAR Guy
| 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: @miriamgottfried, @sameer_singh17, @tomgara, @kamilstanuch, @danprimack and @hunterwalk
| 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 … | 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| 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 … | 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
| 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:
The Register, US News, Gizmodo, The Verge and The Diplomat
| 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 … | Reuters: |
Education software firm Instructure files for IPO — Education software company Instructure Inc filed with U.S. regulators for an initial public offering of common stock on Friday. — Reuters reported in August Instructure was planning an initial public offering that could value the company at $500 million to $800 million.
| Andrew Chung / Reuters: |
US ITC: Samsung does not infringe Nvidia graphics chip patents, another Nvidia patent is invalid — Samsung did not infringe Nvidia graphics chip patents: U.S. ITC — Samsung Electronics Co Ltd has been cleared on its use of graphics chip technology owned by Nvidia Corp without permission … | Joe Mullin / Ars Technica: |
Patent lawsuit filings down 33% year-over-year in Q3 2015, driven by drop in East Texas troll cases — New patent lawsuits down, driven by drop in East Texas “troll” cases — At this point, filing numbers are tied to just a few “non-practicing entities.”Sponsor Posts
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