Techmeme
April 24, 2017, 11:00 AM

Top News

Mike Isaac / New York Times:
A look at Travis Kalanick's risk taking, from his early startups to Uber, which once led Tim Cook to threaten Kalanick with app removal for breaking store rules  —  Travis Kalanick's drive to win in life has led to a pattern of risk-taking that has put his ride-hailing company on the brink of implosion.
Sarah Perez / TechCrunch:
Twitch launching an invite-only affiliate program allowing non-partnered channels to earn revenue, starting with chat-based “Cheering with Bits” tipping feature  —  On the heels of yesterday's news about expanded subscription options for partners, video streaming site Twitch today …
Ruth Reader / Fast Company:
Profile of PayPal subsidiary Venmo, which has grown to an estimated 7M MAUs and processed $18B in payments in 2016 after struggling early with compliance, fraud  —  Under parent company PayPal, the millennial-focused payments app is finally ready to make some money.  —  [Illustrations: Danilo Agutoli]
Ainsley Harris / Fast Company:
Inside the demise of Tilt, which raised a total of $67M+, was valued at $375M in 2015, but was recently bought by Airbnb, reportedly for $12M  —  In 2015, social payments company Tilt was worth $375 million.  Less than two years later, it had lost over 95% of its value and was sold for a pittance.
More: Longreads
Economist:
How Alibaba, Tencent, and Baidu fight for dominance in China while trying to expand abroad  —  Tencent is leading the acquisition spree, with Alibaba a close second  —  THERE was a time, not that long ago, when China's big internet companies were dismissed by investors in Silicon Valley …
More: Fortune
Nicole Perlroth / New York Times:
Russian hacker Roman Seleznev sentenced to 27 years for theft, sale of 2M+ CC numbers resulting in $170M+ in losses, the longest hacking-related sentence in US  —  Federal prosecutors have yet to capture or convict the foreign computer criminals believed to be behind the hackings of big retailers like Target and Neiman Marcus.

Sponsor Posts

Microsoft:
Sports science helps football players get back on the field  —  See how the Seattle Seahawks use data to help players work as hard at recovery as they do on game day.
eero:
New security features from eero Plus  —  Protect all your connected devices with VPN, 1Password, Malwarebytes, and Ad blocking.
Smartsheet:
How to Automate Repetitive, Manual Tasks  —  Nearly half of information workers spend 25% of their work week on low-level tasks.  Automation can offer a competitive edge; read the free report.
Zoho:
23 and Counting: Localize Recruitment with Zoho Recruit  —  Isn't it very comforting to be able to work with a software that speaks your native tongue?  Switch to Zoho Recruit, that now supports hiring in 23 languages.
Worldpay:
2017 Global Payments Report  —  Your ultimate guide to the world of payments in 36 markets.  Visit the microsite and download a free copy of the report.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:00 AM ET, April 24, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks