Techmeme
March 3, 2017, 11:10 AM

Top News

Andrew Ross Sorkin / CNBC:
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.
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 …
Alex Kantrowitz / BuzzFeed:
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 …
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.
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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Emil Protalinski / VentureBeat:
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