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Techmeme
March 1, 2017, 11:40 PM
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Wall Street Journal:
Snap prices its initial public offering at $17 a share, above the $14 to $16 range targeted, raising $3.4B at a valuation of nearly $24B  —  Shares set to price at $17 each, valuing firm at $24 billion in biggest U.S. tech debut since Alibaba  —  Snap Inc. is set to price its initial public offering …
Katie Benner / New York Times:
Sources: Snap has worked on a drone, but it is unclear if or when the product would be available to consumers  —  Snap has long been known as the maker of Snapchat, an app that sends disappearing messages, photographs and videos.  But over the past few years, the company has repositioned itself as a modern-day camera company.
Kara Swisher / Recode:
Yahoo's head lawyer Ron Bell was fired over 2014 breach; CEO Marissa Mayer lost cash bonuses from 2016 and stock awards from 2017  —  The blame for the massive breach falls on Ron Bell and not where it belongs — at the top.  —  Yahoo's CEO Marissa Mayer has gotten her pay docked …
Blair Hanley Frank / PCWorld:
Microsoft says the Acer Mixed Reality Development Edition tethered headset will ship to devs this month; retail version slated to cost $299  —  The first Windows Mixed Reality headsets will start shipping to developers later this month, as Microsoft works to distribute the Acer Mixed Reality …
Dan Frommer / Recode:
Twitter ramps up proactive measures against abusive accounts and now lets users mute specific words from their timelines and mute accounts without profile pics  —  Most importantly, Twitter is speeding up its pace of taking action against harassment.  —  Twitter is announcing a few new anti-harassment features today:
Micah Singleton / The Verge:
Sources: Spotify is preparing to launch a lossless version of its streaming service called Spotify Hi-Fi; screenshots show it could be $5 to $10 extra per month  —  The company is A/B testing its pricing strategy on some users  —  Spotify is preparing to launch a lossless audio version …
David Pierce / Wired:
Medium debuts Series feature for its mobile app, similar to Snapchat Stories, but Series don't expire and users can subscribe to updates  —  At some point in every technology's evolution, the world settles on its Right Way To Do Stuff.  Having one broadly adopted system just makes life easier …
Leo Kelion / BBC:
Facebook brings suicide prevention tools to Live video and Messenger, begins using AI to spot suicidal users  —  Facebook has begun using artificial intelligence to identify members that may be at risk of killing themselves.  —  The social network has developed algorithms that spot warning signs …
Kyle Orland / Ars Technica:
Nintendo Switch review: amazing portable experience with a great display but lacks big-name games and has weak software support, lingering hardware issues  —  Hybrid system merges an amazing portable experience with a middling TV console.  —  Since the release of the Game Boy in 1989 …
Dan Primack / Axios:
Sources: Instacart in advanced talks to raise $400M in new funding at $3B valuation with Sequoia Capital leading the deal  —  Instacart is in advanced talks to raise around $400 million in new venture capital funding at a $3 billion valuation, Axios has learned from multiple sources.

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From Mediagazer

Bloomberg:
Paramount reaches a settlement with the US states suing to block its WBD acquisition, after four states that opposed a deal conceded over the weekend

Kaitlan Collins / @kaitlancollins:
Email: TV pool chair Bryan Boughton says the pool is suspending pooled coverage of President Trump's events; ABC, CBS, CNN, Fox, and NBC are the pool members

Casey Loving / The Wrap:
The White House launches Trump TV, a 24/7 YouTube livestream of the administration's “top past moments”, after press pool ban; critics call it “state-run media”

More News

Earlier Picks

Mark Scott / New York Times:
Berlin-based ResearchGate, a social network for scientists with 12M users, raises $52.6M from Goldman Sachs, Bill Gates, Benchmark Capital, and others
Peter Kafka / Recode:
YouTube debuts YouTube TV, a $35/month service including broadcast networks, about 30 cable channels, cloud DVR with unlimited storage, personal recommendations
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