Techmeme
May 11, 2017, 11:30 AM

Top News

Adi Robertson / The Verge:
Google acquires Owlchemy Labs, the VR-focused game studio behind Job Simulator and Rick and Morty: Virtual Rick-ality, for an undisclosed sum  —  Google announced today that it's acquiring Owlchemy Labs, the VR-focused studio that created Job Simulator and Rick and Morty: Virtual Rick-ality.
Rishika Sadam / Reuters:
Verizon to buy 5G spectrum holder Straight Path Communications for $3.1B  —  Verizon Communications Inc (VZ.N), the No.1 U.S. wireless carrier, is buying wireless spectrum holder Straight Path Communications Inc (STRP.A) for an enterprise value of about $3.1 billion, ending a bidding war with rival AT&T (T.N).
Snap Inc.:
Snap reports Q1 results with DAUs up 36% YoY to 166M, or 5% QoQ, revenue of $149.6M, up 286% YoY; stock opens down 17%+  —  VENICE, Calif.— Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2017.  First Quarter 2017 Financial Highlights:
Mark Scott / New York Times:
EU's top court advised to treat Uber as a transport service; a final ruling is expected by late summer  —  Uber suffered a setback to its expansion plans on Thursday when a senior adviser to Europe's highest court recommended that the ride-hailing company comply with the region's tough transportation rules …
Jon Fingas / Engadget:
Uber introduces Saved Places so users can bookmark frequent destinations, available now to US riders on Android and iOS  —  Unless you're traveling home, it can be a pain to pick out a favorite destination in Uber's app.  It's often easier to dig through your history than to punch in the address …
Chance Miller / 9to5Mac:
Apple says it will invest $1B to expand data center and build new shipping warehouse in Reno  —  Earlier this week, it was reported that Apple was planning an expansion of its Reno data center, with the company awaiting city approval.  Today, the Reno City Council officially approved Apple's proposal for a $1 billion expansion...
Zack Whittaker / ZDNet:
FCC's website has been flooded with 128K+ identical fake anti-net neutrality comments via its public comment system API  —  Several people we spoke to denied they had posted comments to the Federal Communication Commission's (FCC) feedback pages.  —  A bot is thought to be behind the posting …
Tom Warren / The Verge:
Microsoft says 500M devices are now running Windows 10, up from 400M in September 2016  —  Microsoft is announcing today that 500 million active machines are now running Windows 10.  The latest statistic comes almost 8 months after the company revealed 400 million devices were running Windows 10.
Frederic Lardinois / TechCrunch:

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Zoho:
Introducing Zoho Academy  —  Today, Zoho is launching a brand new resource.  We're calling it Zoho Academy: an online, self-service archive of educational content designed to help people do business better.  Our intention?
TechCrunch Disrupt SF:
The Disrupt SF agenda is now live  —  TechCrunch is excited to announce one of our best lineups of startups, investors and industry experts at Disrupt SF (Sept 5-7).  Find out who you'll be able to see on stage!

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