Techmeme
April 10, 2017, 3:20 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 …
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

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TechCrunch Disrupt SF:
Catch the founder & CEO of Revolut at Disrupt SF  —  Nikolay Storonsky took his company from a $350 million valuation to a $1.7 billion valuation in under six months.  Hear how he did it at Disrupt SF this September.

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