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August 1, 2016, 1:40 PM
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Mediagazer
memeorandum
WeSmirchTop 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.
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Uber Global, Wall Street Journal, CNET, New York Times, Reuters, Wall Street Journal, Recode, Recode, TechCrunch, TechCrunch, International Business Times, Business Insider, Forbes, AppleInsider, Associated Press, TIME, Wired, Upstart Business Journal, Mashable, The Daily Caller, PC Magazine, iDownloadBlog.com, Vanity Fair, Socialnomics, New York Magazine, TechSpot, Fortune, Tech Times, Patently Apple, GeekTime, The Register, iLounge, ITworld.com, The Verge, Guardian, 9to5Mac, Ubergizmo, TechCrunch, Fusion, Engadget, Digital Trends, MediaNama, livemint.com, GeekWire, TechNode, Haystack, Los Angeles Times, Cult of Mac, MacRumors, VentureBeat, The Next Web, The Information, silicontap.com, Peter O'Kelly's Reality Check and The Loop
Tweets: @china, @btaylor, @danprimack, @paulmozur, @jonrussell, @paulmozur, @jasonabbruzzese, @spennyli, @chamath, @spencerchen, @tanayj, @niubi, @dshankar, @karaswisher, @jonrussell, @mikeisaac, @warikoo, @devindra, @_kaelo_, @ericnewcomer, @mikeisaac, @mariakar, @joshelman, @m_delamerced, @marcuswohlsen and @mdudas
Thanks:@davemcclure| 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.
| Ingrid Lunden / TechCrunch: |
Verizon buys Fleetmatics, provider of SaaS GPS and logistics products, for $2.4B in cash — Hot off the heels of its acquisition of Yahoo last week for $4.8 billion, today Verizon announced another huge purchase: it's buying Fleetmatics, a telematics company based out of Dublin, Ireland …
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PR Newswire, TheStreet.com, PCWorld, SiliconANGLE, Fortune, ZDNet, Tech Trader Daily, Fortune, Bloomberg and Tech Times. Tweets: @stevesi
| Peter Sterne / Politico: |
Gawker Media founder Nick Denton to file for Chapter 11 personal bankruptcy protection; he tweets his colleagues will be “freed” from Thiel's “vendetta” — Denton's bankruptcy comes as a result of Hulk Hogan's lawsuit against Gawker
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Reuters, Business Insider, New York Daily News, Law360, Variety and Mashable
Tweets: @nicknotned, @nicknotned, @pandaonwheels, @nicknotned, @dangillmor and @anildash
See also Mediagazer| Reuters: |
Judge voids VirnetX's $625.6M patent infringement verdict in case against Apple, says it was unfair that two lawsuits were combined in one trial; new trials set — A federal judge has thrown out a verdict requiring Apple Inc (AAPL.O) to pay VirnetX Holding Corp (VHC.A) …
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9to5Mac, AppleInsider, MacRumors, iPhone Hacks, iDownloadBlog.com, Patently Apple and iLounge
| Adi Robertson / The Verge: |
New York's correctional dept., at Gov. Cuomo's behest, makes playing online games a parole violation for sex offenders, spurred by report on Pokémon Go usage — At the direction of Governor Andrew Cuomo, New York's correctional department has made playing online games a violation …
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Governor Andrew M. Cuomo, CNNMoney, New York Times, New York Daily News and Syracuse Post-Standard
Tweets: @nygovcuomo and @nygovcuomo
| 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 …
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Bitcoin News, CNET and TechCrunch
| 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 … | Ben Schoon / 9to5Google: |
Google has shipped 30M Chromecasts since launch in 2013, 5M in the past two months — On an earnings call earlier this week where Alphabet announced $21.6 billion of revenue in Q2 2016, Google CEO Sundar Pichai responded to questions regarding Google's own strategies, including hardware.
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SlashGear, Recode, Droidmen, Ausdroid, AndroidHeadlines.com, Android Central and TalkAndroid.com
| 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.| Paul Sawers / VentureBeat: |
Cybersecurity startup PhishMe, which helps employees spot phishing attacks, raises $42.5M Series C from Paladin Capital Group and Bessemer Venture Partners — PhishMe, a cybersecurity startup that helps companies thwart phishing attacks among other targeted malware, has closed …
More:
Business Wire, CIO Dive, Washington …, DC Inno and ZDNet
| Yancey Strickler / The Kickstarter Blog: |
Study: Kickstarter has created 8.8K companies, 29.6K full-time jobs, and $5.3B for project owners and their communities — A new study by the University of Pennsylvania provides the first comprehensive look at how the Kickstarter community impacts the creative economy. The study finds that Kickstarter projects have:Sponsor Posts
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