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Techmeme
March 3, 2017, 8:55 AM
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Top News

Wall Street Journal:
Snap closes 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 …
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.
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.
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 …
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 …
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 …
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.
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 …
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.
Karl Bode / DSLreports:
Chevrolet offers customers with OnStar Wi-Fi an unlimited 4G LTE data plan via AT&T for $20 per month  —  GM has announced it will be the first automaker to offer users an unlimited data options for owners of the company's LTE-connected automobiles.  If you've tracked in-car connectivity …

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From Mediagazer

Rebecca Rubin / Variety:
The North American box office records its biggest weekend ever with ~$430M in total, driven by Spider-Man: Brand New Day and The Odyssey

Terrence O'Brien / The Verge:
A bootleg of Sony's Spider-Man: Brand New Day remained on X for over seven hours, reaching 5.9M+ accounts and receiving 143K+ likes before being removed

Justin Fox / Bloomberg:
US federal statistics show that Manhattan had 8.3% of newspaper jobs in 2025, despite accounting for just 0.5% of the US population

More News

Emil Protalinski / VentureBeat:
IDC: global wearable shipments reached 33.9M in Q4 2016, up 16.9% YoY, as Fitbit sales declined 22.7% YoY to 6.5M
Larry Dignan / ZDNet:
Docker debuts Enterprise Edition, which includes a container runtime, orchestration tools, and security and management features

Earlier Picks

Nick Statt / The Verge:
Microsoft unveils Xbox Live Creators Program in preview for indie developers to self-publish games to Xbox marketplace
Mark Walton / Ars Technica:
AMD Ryzen 7 1800X review: excellent eight-core workstation performance at half the price of Intel, but weak gaming performance especially in modern titles
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