Techmeme
April 24, 2017, 4:30 PM

Top News

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 …
Mike Isaac / New York Times:
Sean O'Kane / The Verge:
Xiaomi-backed Yi Technology debuts Yi Halo, a $17K 17-camera VR rig made in partnership with Google that can shoot stereoscopic video in 8K resolution at 30FPS  —  Plus a promising new 360-degree consumer camera from Yi Technology  —  Chinese company Yi Technology has made a name for itself …
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 …
Fitz Tepper / TechCrunch:
DJI's new FPV headset, called DJI Goggles, lets you control your drone with head movements, shipping after May 20 for $499  —  When DJI announced the Mavic Pro last year they also teased a pair of FPV goggles that could be used to see first-person video from DJI's drones.
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]
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 …

Sponsor Posts

Microsoft:
Winning hackathon project now helping millions read and write  —  Teacher Merlyne Graves used to spend hours recording for her students who struggled with reading.  Not any more.
IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
Planned maintenance of our US Data Center: July 7th, 2018 - 7:30 PM to 10:30 PM PST  —  We have planned a network infrastructure upgrade on our primary data center in the USA on July 7th, 2018 from 7:30 PM to 10:30 PM PST.

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