Techmeme
April 10, 2017, 4:30 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.
Bart Jansen / USA Today:
FCC Chairman Ajit Pai seeks to keep voice-call ban on planes, taking off the table a 2013 proposal to reverse it  —  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.
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
Tweets: @sarahcuda

Sponsor Posts

Microsoft:
Helping a groundswell of citizen scientists aid the environment  —  See how Microsoft's AI for Earth program is partnering with iNaturalist to help amateur and expert scientists share data.
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