Techmeme
August 1, 2016, 8:05 AM

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.
Didi Chuxing:
Didi Chuxing to acquire UberChina  —  Combined resources to promote healthy development of the rideshare industry  —  Didi Chuxing today announced a strategic agreement with Uber under which Didi Chuxing will acquire all assets of UberChina—including its brand,business operations and data—for operation within mainland China.
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 …
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
Reuters:
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.
Michael Andronico / Tom's Guide:
Axon 7 review: ZTE's best phone to date with good build quality, fast performance, and a useful and clean MiFavor 4.0 UI, but OnePlus 3 offers more for $399  —  The term “affordable flagship” is inescapable these days, thanks to a crop of low-cost unlocked devices that can hold their own among the iPhones and Galaxies of the world.
Sean Michael Kerner / eWeek:
Google has issued patches for 115 Android Stagefright-related flaws since vulnerability was made public a year ago  —  On July 27, 2015, news broke about Stagefright, a vulnerability in Android.  A year later, it's clear that Stagefright has had a major impact on the mobile security world …
Paul Ziobro / Wall Street Journal:
Walgreens to shutter Drugstore.com and Beauty.com, which were a part of a $429M acquisition in 2011, to focus on its own website  —  Retailer also to shutter Beauty.com as part of a broader plan to cut costs  —  Walgreens Boots Alliance Inc. on Thursday said it is shutting down two websites …
More: SEO Book

Sponsor Posts

Microsoft:
AI for Earth can be a game-changer  —  Microsoft commits $50 million to put artificial intelligence to work to protect our planet.
eero:
New security features from eero Plus  —  Protect all your connected devices with VPN, 1Password, Malwarebytes, and Ad blocking.
Smartsheet:
Automate Three Processes to Free Up Time for High-Value Work  —  Information workers spend as much as a quarter of their work week on manual, repetitive tasks.  Take three actions now to get started with business automation.
Zoho:
23 and Counting: Localize Recruitment with Zoho Recruit  —  Isn't it very comforting to be able to work with a software that speaks your native tongue?  Switch to Zoho Recruit, that now supports hiring in 23 languages.
Worldpay:
2017 Global Payments Report  —  Your ultimate guide to the world of payments in 36 markets.  Visit the microsite and download a free copy of the report.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:05 AM 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.

More News

Earlier Picks

Stephen Hall / 9to5Google: