May 24, 2017, 4:35 PM

Top News

Brian Barrett / Wired:
Intel to offer Thunderbolt 3 protocol specification to chipmakers royalty free next year and integrate Thunderbolt into its CPUs  —  Nearly two years ago, Intel gave a major boost to Thunderbolt, its zippy hardware interface, by embracing USB-C, the do-it-all port that will eventually eat the world.
Ian King / Bloomberg:
Sources: SoftBank has taken a $4B stake in Nvidia, representing an equity holding of 4.9%, which is just under the amount requiring a regulatory disclosure  —  Stake represents 4.9 percent of total outstanding shares  —  Holding seen moving into SoftBank's $93 Billion Vision Fund
Kia Kokalitcheva / Axios:
Imzy, a “nicer Reddit” founded in 2016 by former Reddit employees, to shut down on June 23, having raised $11M  —  Imzy, a Utah-based startup that wanted to create a friendlier online community—a “nice Reddit”—said on Wednesday that it's shutting down just two years after its founding …
Benjamin Mayo / 9to5Mac:
Apple launches free Swift app development curriculum on iBooks, which will be taught by six community colleges this fall as well as “select” high schools  —  Apple has today announced that is launching a new app development curriculum designed to teach students how to start using Swift …
Andrew Webster / The Verge:
Microsoft says its Xbox Game Pass streaming service will launch on June 1 for $9.99/month, offering 100+ Xbox One and Xbox 360 games  —  Today Microsoft revealed that its new Xbox One game subscription service will be available on June 1st.  Called Game Pass, the service was first announced …
Rolfe Winkler / Wall Street Journal:
Unity has raised $400M at ~$2.6B valuation, led by Silver Lake; revenue expected to be up 40% YoY to $300M this year, with gross-profit margin of ~90%  —  Unity Technologies is putting the finishing touches on a $400 million funding round of financing that values the videogame technology company …

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