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Techmeme
March 2, 2017, 12:50 AM
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Top News

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 …
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 …
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 …
Reuters:
White House official: the administration doesn't want to reform FISA surveillance law, supports its “clean reauthorization”  —  The Trump administration supports renewing without reforms a key surveillance law governing how the U.S. government collects electronic communications …
More: CSO and Axios
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 …

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From Mediagazer

Rohan Goswami / Semafor:
Sources: some WBD investors warm to David Ellison and his top team, after they were reassured that Paramount's Middle Eastern financing is secure

Nick Vivarelli / Variety:
The UK's Channel 4 names Priya Dogra as CEO, starting March 2026, replacing Alex Mahon, who stepped down after eight years; Dogra currently works for Sky

Wall Street Journal:
Chernin Group agrees to take a minority stake in Entangled Publishing, a publisher of romance-fantasy books; sources say the deal values Entangled at ~$400M

More News

Earlier Picks

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
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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