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March 3, 2017, 9:25 AM
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| Wall Street Journal: |
Snap closed first day of trading at $24.51 per share, 44% above original price of $17, valuing the company at around $34B — Stock begins at $24, above the IPO price of $17, in biggest U.S. tech debut since Alibaba — Snap Inc. shares traded higher in their market debut Thursday …
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CNBC, CNBC, TechCrunch, Tech Times, Business Insider, New York Times, USA Today, Bloomberg, MediaNama, ExchangeWire.com, Fortune, Mediakix, BuzzFeed, Reuters, Quartz, Digital Trends, CNBC, Softpedia News, Quartz, Bloomberg, Recode, The Guardian, Telegraph, Mashable, Bloomberg, Business Insider, The Next Web, VentureBeat, Daring Fireball, Android Police, Cult of Mac, Los Angeles Times, Sky News, Financial Times, Consumerist, Adweek, Engadget, Washington Post, Silicon Valley Business …, and USA Today
Tweets: @scottmaustin, @bonatsos, @scottmaustin, @williamalden, @jonerlichman, @stevekopack, @adrianweckler, @mims, @danprimack, @modestproposal1, @danprimack, @neilcybart, @anildash, @jasonlk, @alexeheath, @samuelcnn, @joshconstine, @eskokilpi, @carlquintanilla, @reutersbiz, @blakeir, and @scottmaustin
See also Mediagazer| Andrew Ross Sorkin / CNBC: |
Sources: NBCUniversal invested $500M in Snap IPO as part of a strategic investment and partnership, making it the only US media company with a stake — NBCUniversal, a unit of Comcast and parent of CNBC, invested $500 million in Snap during its IPO as part of a strategic investment and partnership, according to sources.
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TechCrunch, Recode, Seeking Alpha, NBC Bay Area, Wall Street Journal, and BuzzFeed. Tweets: @ow. See also Mediagazer
| Alex Kantrowitz / BuzzFeed: |
Snap's hands-off approach to high profile Snapchat users has alienated some of them, increasing the appeal of Instagram and YouTube — During a November 2014 trip to Los Angeles, Boston-based Snapchat “creator” Mike Platco stopped by Snap's Venice, California, offices to say hello.
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Wall Street Journal, TechCrunch, Gizmodo, Social Media Today, Los Angeles Times, Recode, Reuters, Recode, VentureBeat, SiliconANGLE, Washington Post, Tubefilter, MarketWatch, Adweek, The Information, Investor's Business Daily, Wall Street Journal, Variety, Wired, Digital Trends, Bloomberg, TechCrunch, AOL, The Guardian, PE Hub Blog, New York Times, Mashable, Newser, The Daily Caller, Reuters, and Wall Street Journal
| Tony Cook / Indianapolis Star: |
Mike Pence used an AOL account for sensitive emails when he was governor of Indiana, raising security and transparency concerns; the account was hacked in 2016 — Vice President Mike Pence reportedly used a private email account to conduct public business, including homeland security matters, while he was governor of Indiana.
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BuzzFeed, The Verge, InfoWorld, Jerusalem Post, The Week, Fox 59, Business Insider, New York Daily News, Engadget, Esquire, Sunlight Foundation, Forbes, The Guardian, New York Times, Ars Technica, TechCrunch, BGR, Tech Times, Ars Technica UK, CNET, BetaNews, The Republic, Fox News Insider, NPR, Mashable, The FADER, The Daily Caller, and AOL
Tweets: @cwarzel, @nxthompson, @sambeal, @emptywheel, @sarahlerner, @llsethj, and @mccisnauseous
| Chaim Gartenberg / The Verge: |
Spotify says it has 50M paying subscribers, up from 30M in March 2016 — Spotify continues to cement its place as the leader in music streaming, and today the company announced that it just hit another milestone of 50 million paid subscribers. … It's impressive growth for the company …
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VentureBeat, Inquirer, Ubergizmo, Digital Trends, Silicon Republic, CNET, Android Authority, Android Central, Tech Times, TechCrunch, TechSpot, Reuters, Softpedia News, AppleInsider, iPhone in Canada Blog, The FADER, Cult of Mac, Engadget, Axios, iPhone Hacks, Seeking Alpha, Mashable, 9to5Mac, MacRumors, and hypebot
Tweets: @spotify and @katyperry
See also Mediagazer| April Glaser / Recode: |
Virginia becomes first state to legalize autonomous delivery robots on sidewalks, starting July 1; bots must not exceed 10 mph or weigh over 50 pounds — Idaho and Florida may be next. — Virginia has made robotics history. The commonwealth is the first state to pass legislation allowing delivery robots … | Darrell Etherington / TechCrunch: |
After initially refusing, Uber says it will apply for a California DMV self-driving car testing permit — Uber is now in the process of getting a permit from the California DMV to resume testing its self-driving vehicles on public state roads. Uber started testing its self-driving Volvo XC90 SUVs …
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Mercury News, Gizmodo, Forbes, Digital Trends, International Business Times, SlashGear, The Hill, SiliconANGLE, Bloomberg, Engadget, Axios, Business Insider, and The Verge
Tweets: @jaycuthrell and @seldo
| Joe Rossignol / MacRumors: |
KGI: 2017 iPhone will retain Lightning port and will add fast charging via USB-C Power Delivery — All three iPhones rumored to be launched in 2017 will retain Lightning connectors with the addition of USB-C Power Delivery for faster charging, including an all-new OLED model …
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Inquirer, O'Grady's PowerPage, Softpedia News, Tech Times, 9to5Mac, PhoneDog.com, CNET, iMore, Mashable, Daring Fireball, ZDNet, Computerworld, Cult of Mac, iPhone in Canada Blog, iPhone Hacks, Ubergizmo, AppAdvice.com Latest, International Business Times, BGR, iDownloadBlog.com, 9to5Mac, Business Insider, AppleInsider, iLounge, and The Verge
| Nat Levy / GeekWire: |
Amazon says AWS outage was caused by human error during routine server maintenance, will make changes to prevent future problems — Amazon has released an explanation of the events that caused the big outage of its Simple Storage Service Tuesday, also known as S3, crippling significant portions of the web for several hours.
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ZDNet, Wall Street Journal, AWS, Engadget, The Guardian, USA Today, ARC, Ubergizmo, cloudcomputing-news.net, Light Reading, InfoWorld, eWeek, Computerworld, The Hacker News, Digital Trends, CNNMoney, Neowin, Axios, Ars Technica, International Business Times, The Tech Report, Daring Fireball, Softpedia News, Forrester Blogs, Mashable, The Verge, The Next Web, AppleInsider, The Register, Data Center Knowledge, Network World, Fortune, ZDNet, internetretailer.com, Reuters, VentureBeat, Boing Boing, Consumerist, Recode, TechCrunch, Business Insider, and Government Technology News
Tweets: @cwarzel, @paullomax, @chrisblizzard, @rmogull, @dberkholz, @spacerog, @hacks4pancakes, @chrisalbon, and @zackwhittaker
Thanks:@toddbishop| Steven Millward / Tech in Asia: |
Messaging app Line unveils AI assistant Clova and Echo-like smart speaker Wave, and says it has acquired a controlling stake in holographic AI firm Vinclu — Messaging app Line is set to make a big push into AI, later this year rolling out a Siri-esque voice assistant and an Amazon Alexa-style smart speaker … | Ron Miller / TechCrunch: |
Contact management service Nimble raises $9M Series A led by Imagen Capital Partners — Nimble CEO Jon Ferrara has been around the contacts block a few times. He was the guy who founded Goldmine, the grandaddy of contact databases. For the last several years he has been working at Nimble …
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Business Wire, SiliconANGLE, and nimble.com
| Cromwell Schubarth / Silicon Valley Business Journal: |
Online lending startup Upstart, founded by ex-Googlers, raises $32.5M Series D and hires ex-Google VP Sanjay Datta as CFO — Upstart, the startup applying machine learning to lending founded by ex-Googlers, has new funding, a new platform and hired a chief financial officer.
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TechCrunch and PE Hub Blog
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