Techmeme
August 1, 2016, 12:10 PM

Top News

Eric Newcomer / Bloomberg:
Didi Chuxing acquires Uber China; Uber China investors get a 20% stake of the combined business, which sources say has a $35B valuation  —  Uber Technologies Inc. will merge its China business with Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter.
Leslie Hook / Financial Times:
Source: Uber to invest $500M into its own global mapping project  —  Uber is preparing to pour $500m into an ambitious global mapping project as it seeks to wean itself off dependence on Google Maps and pave the way for driverless cars.  —  The San Francisco-based transportation company …
Jonathan Shieber / TechCrunch:
Alabama-based Shipt raises $20M Series A to challenge Instacart, Amazon, and Google in fresh food delivery, after becoming profitable in most of its markets  —  Nestled in a valley between the two tailing ends of the Appalachian foothills, the southern city of Birmingham …
Sam Byford / The Verge:
How LeEco differentiates itself from other Chinese manufacturers like Xiaomi through its focus on entertainment media, drawing from its streaming video origins  —  Chinese tech firm LeEco made its biggest splash on American soil yet yesterday with the announcement that it's acquiring Vizio, the biggest US maker of TVs, for $2 billion.
Jack Marshall / Wall Street Journal:
Brave Raises $4.5 Million to Fuel Growth of Ad-Blocking Browser  —  The company has raised $7 million in the last year  —  Brave Software announced Monday that it has raised $4.5 million to help grow its ad-blocking, privacy-centric web browser, which aims to nullify many of the ad targeting …
More: CNET and TechCrunch
Jeffrey Rodman / Backchannel:
Polycom's co-founder Jeffrey Rodman recounts the early days of his $2B company  —  Polycom's co-founder on the best investment he ever made, and why thinking small is a big idea … was March of 1991 and Polycom co-founder Brian Hinman and I were on yet another urgent trip to buy components.
Tweets: @backchnnl
Fred Wilson / AVC:
Blockchain technology and crypto-tokens enable new business models for creating open protocols, financed by the tokens protocol creators retain at launch  —  Protocols are a geeky topic.  It's way more interesting to talk about applications.  People will go on and on about why they like gmail or some other email application.

Sponsor Posts

Smartsheet:
Six soft skills you need to drive digital transformation  —  Technical skills are easy to focus on when building a team.  But a new study found that 57 percent of business leaders say soft skills are even more important.
Copper:
The Impact of CRM in the Relationship Era  —  Get the infographic to discover the diverse ways in which CRMs are improving collaboration, productivity, forecasting, and more!
Zoho:
The Guide to 360-Degree Performance Appraisals that Work for You, and Your Employees  —  360-degree appraisals can change lives, says an essay in the Harvard Business Review.  With as many as 90% …
Google Chrome:
Chrome's turning 10, here's what's new  —  Every time you open your browser, you have a mission to accomplish.  We built Chrome to help you do that as quickly and safely as possible.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Mon. 10/15 - Palm is Back! Sort of... Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:10 PM ET, August 1, 2016.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

Earlier Picks