Techmeme
April 24, 2017, 1:40 PM

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.
Shona Ghosh / Business Insider:
Unroll.me CEO says it's “heartbreaking” that users are upset Unroll.me sold their anonymized email data to Uber  —  Sorry not sorry.  —  That's the tone of the apology posted by Unroll.me, an email decluttering service which takes a look at the subscriptions clogging up your inbox …
Ingrid Lunden / TechCrunch:
LinkedIn says it now has 500M members in 200 countries, up from 467M in October 2016; it has 9M+ companies and 10M+ jobs listed  —  Now that LinkedIn is a part of Microsoft (after closing its $26.2 billion acquisition in December), the social networking site for the working world no longer reports earnings …
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
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]
Kyle Orland / Ars Technica:
Revised NPD report for 2016 shows digital revenue accounted for 74% of US game spending, reaching $18.13B versus $6.37B from physical sales  —  NPD “restatement” shows consistent spending growth as digital sales dominate.  —  Last year, the Entertainment Software Association's annual …
Tweets: @paulbz
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

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