Techmeme
October 31, 2016, 5:55 PM

Top News

Eric Newcomer / Bloomberg:
Study co-authored by MIT professor finds racial and gender discrimination by Uber, Lyft drivers, leading to longer wait times  —  Drivers for Uber Technologies Inc. in Boston canceled rides for men with black-sounding names more than twice as often as for other men.
Kurt Wagner / Recode:
Thiel defends Trump donation: says lewd tape was poor taste, doesn't back policies like Muslim ban with religion test, and his business relationships are intact  —  It was a lot.  —  Billionaire tech investor Peter Thiel is a vocal and financial supporter of Donald Trump; he is also the man who helped bankrupt Gawker media.
Jordan Crook / TechCrunch:
GIF search engine Giphy raises $72M in new funding, now has a valuation of about $600M according to the WSJ, bringing total raised to just short of $151M  —  Giphy, the NY-based search engine and platform for GIFs, has raised $72 million in funding led by Draper Fisher Jurvetson, Institutional Venture Partners and China Media Capital.
Milen Dzhumerov / milen.me:
Apple's apparent disinterest in supporting users with compute-intensive and memory-intensive applications risks alienating developers across all its platforms  —  It has taken me some time to collect my thoughts on the state of the Mac platform.  My feelings have been developing over several years …
IDC:
IDC: Q3 tablet shipments down 14.7% YoY to 43M, as low-cost detachables, tablets reach record sales; iPad Air, Mini make up over two thirds of Apple's shipments  —  The worldwide tablet market continued its slump as vendors shipped 43 million units in the third quarter of 2016 (3Q16) …
Alex Sherman / Bloomberg:
CenturyLink to buy Level 3 Communications for $34B in cash, stock deal, which values Level 3 at 42% above its stock price before reports of acquisition surfaced  —  CenturyLink Inc. agreed to buy Level 3 Communications Inc. for about $34 billion cash and stock in a deal that will create …
Eric Newcomer / Bloomberg:
Postmates raises $141M in a round led by Founders Fund, at share price same as last round; the company is now valued at about $600M  —  Bastian Lehmann spent most of this year becoming acquainted with the feeling of rejection.  The co-founder and chief executive officer of Postmates Inc …

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