Techmeme
October 10, 2015, 12:35 AM

Top News

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 …
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 …
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.
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 …
Wall Street Journal:
Yahoo, NHL Ban Employees from Paid Fantasy-Sports Sites  —  Fantasy-site purveyors have faced scrutiny over how much internal data employees can access  —  Yahoo Inc. and the National Hockey League have barred employees from playing in paid fantasy-sports contests, moves that come amid questions …

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Featured Podcasts

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The Upstarts Podcast:
Basis's Matt Harpe: Why AI Won't Replace Accountants — It'll Make Them Richer
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Channels with Peter Kafka:
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