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April 27, 2017, 4:05 AM
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Top News

Jon Brodkin / Ars Technica:
FCC Chairman Ajit Pai outlines plan to roll back Title II net neutrality rules, plans to release full proposal on April 27 for FCC vote on May 18  —  Vote to begin net neutrality rollback scheduled for May 18.  —  The Federal Communications Commission will vote next month to start the process …
Steven Levy / Backchannel:
Interview with Jack Dorsey on Twitter's harassment problems, its focus on live video, Donald Trump, and the company's future  —  Twitter's CEO on the president, the future of the product, and the harassment problem.  —  It was only 11 years ago that Jack Dorsey first sent a message via …
Julia Boorstin / CNBC:
Twitter beats Q1 estimates with $548M revenue and 328M MAUs, up 9M QoQ and 7M more than expected, and says DAUs are up 14% YoY; stock up 7%+
Brian Heater / TechCrunch:
Amazon launches Echo Look, a $200 “style assistant” camera for taking selfies that works via Alexa commands and is compatible with Amazon's Style Check app  —  With the addition of a camera, Amazon's new Echo Look device can now see and hear all.
Kurt Wagner / Recode:
Instagram says it now has 700M monthly active users, adding 100M new users in just over four months  —  It took the company just four months to add 100 million new accounts.  —  Instagram is growing faster than it ever has before.  —  The photo and video app, which is owned by Facebook …
Farhad Manjoo / New York Times:
Interview with Instagram CEO Kevin Systrom on how the service reached 700M MAUs by shipping and updating products faster, future growth prospects, more
Ingrid Lunden / TechCrunch:
On-demand ride service Gett acquires rival Juno for $200M; Gett CEO Dave Waiser says company will be looking to raise more capital this year  —  The competitive landscape for transportation apps has become a little smaller today.  Gett has announced that it has acquired Juno, a rival in the New York market.
CB Insights:Gett
Andrew J. Hawkins / The Verge:
Uber updates app to make ratings of riders more visible, encouraging “better” behavior, changes UberPool so riders say why they rated drivers below five stars  —  Are you a 4.9?  —  It used to be that if you wanted to see how many stars you've racked up as an Uber rider …
Dan Primack / Axios:
Chris Sacca retires from startup investing and will stop appearing on Shark Tank; Lowercase Capital will not raise another fund  —  Chris Sacca, one of the earliest investors in companies like Uber and Twitter, today announced that he has decided to stop making investments in technology startups.
CB Insights:Lowercase Capital
Paul Sawers / VentureBeat:
Spotify acquires blockchain startup Mediachain to identify and track creative works across the internet  —  Spotify has acquired Mediachain, the New York-based startup behind an open source peer-to-peer database and protocol for registering, identifying, and tracking creative works across the internet.
George Slefo / Ad Age:
IAB: digital ad revenue grew 22% YoY to $72.5B in 2016, surpassing TV for the first time; idea that Google/Facebook ‘duopoly’ is driving ad growth is incorrect  —  Digital advertising saw $72.5 billion revenue in 2016, a 22% upswing from the previous year.

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From Mediagazer

Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals

Murray Stassen / Music Business Worldwide:
Warner Music Group sells Uproxx, HipHopDX, and other assets to a new company, Uproxx Studios, formed by Jarret Myer, Rich Antoniello, and will.i.am

Alex Weprin / The Hollywood Reporter:
Proxy filing for TKO Group Holdings: Endeavor's Ari Emanuel received a pay package of nearly $65M in 2023, the year that Endeavor merged UFC and WWE

More News

Earlier Picks

Paul Sawers / VentureBeat:
Google Maps updates its iOS and Android apps with Save Your Parking feature
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