Techmeme
April 10, 2017, 3:35 PM

Top News

Nate Lanxon / Bloomberg:
Minecraft is adding a new marketplace with its own currency this spring, where creators can monetize their original content  —  Microsoft Corp. is adding a new marketplace — and a brand new currency — within the video-game Minecraft, opening up the opportunity for businesses to sell …
Chris Welch / The Verge:
LeEco calls off its $2B purchase of TV maker Vizio, instead forming “partnership” that brings Le app to some Vizio devices and Vizio products to China  —  LeEco is no longer buying Vizio.  Today the companies jointly announced that “the merger agreement to acquire Vizio will not proceed due to regulatory headwinds.”
The Economic Times:
Flipkart raises $1.4B from Tencent, eBay, and Microsoft at $11.6B post-money valuation, down from its $15.2B valuation in May 2015, and acquires eBay India  —  India's largest e-commerce marketplace Flipkart has announced a $1.4 billion fundraise from new investors Tencent …
Aaron Pressman / Fortune:
AT&T to acquire wireless carrier Straight Path in $1.6B deal for its spectrum, ahead of 5G push, paying almost 3x Straight Path's stock price  —  AT&T just settled the Wall Street debate over the value of high bandwidth airwave rights suitable for super-fast next generation wireless networks.
Mary Jo Foley / ZDNet:
Microsoft to buy Kubernetes container-orchestration vendor Deis  —  Containers, containers, containers: Microsoft is buying Deis, a San Francisco-based Kubernetes orchestration specialist for an undisclosed amount.  —  Microsoft is buying Kubernetes container-orchestration specialist Deis for an undisclosed amount.
Jing Cao / Bloomberg:
Source: Blue Apron had revenue of between $750M and $1B last year and was profitable in Q3  —  The company has built an impressive high-tech operation but is spending heavily to lure customers who are always a bad experience away from bailing.  —  by  —  Jing Cao
Bart Jansen / USA Today:
FCC Chairman Ajit Pai seeks to keep voice-call ban on planes, taking 2013 proposal to reverse it off the table  —  WASHINGTON - Cell-phone calls will continue to be banned during airline flights, under an order the head of the Federal Communications Commission proposed Monday to stop considering whether to lift the ban.

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More News

Pan Yue / China Money Network:

Earlier Picks

New York Times: