Techmeme
May 24, 2017, 3:20 PM

Top News

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
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.
Natalie Gagliordi / ZDNet:
Google, IBM, and Lyft debut Istio, an open source tool for managing microservices from different vendors on cloud platforms  —  Istio gives developers a vendor-neutral way to connect, secure, manage, and monitor networks of different microservices on cloud platforms.
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 …
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 …
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 …
Frederic Lardinois / TechCrunch:
Rackspace appoints Joe Eazor, former EarthLink CEO, as its CEO, replacing interim CEO Jeff Cotten  —  Rackspace today announced that its board has appointed Joe Eazor as its new CEO, effective June 12.  Eazor will replace Rackspace president Jeff Cotten, who stepped in as the company's interim CEO …

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More News

Paul Sawers / VentureBeat:

Earlier Picks

Michael del Castillo / CoinDesk:
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