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May 26, 2017, 2:55 PM
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Mediagazer
memeorandum
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| Biz Carson / Business Insider: |
San Francisco-based food delivery startup Sprig, which raised over $56M, says it is shutting down today — The San Francisco food-delivery startup Sprig will be shutting down Friday, Business Insider has learned. — The company had raised over $56 million from Silicon Valley's top investors for its new spin on food delivery.
More:
The Information, TechCrunch, and Axios
| Leena Rao / Fortune: |
Change.org raises $30M led by LinkedIn's Reid Hoffman; Sam Altman and Bill Gates invest too — In 2006, newly minted Stanford grad Ben Rattray sat at a Starbucks in Silicon Valley, pitching LinkedIn founder and early Facebook investor Reid Hoffman to fund his idea for a political website.
More:
GeekWire, LinkedIn, and Yahoo! Finance
| Marc Schneider / Billboard: |
Tidal confirms the departure of CEO Jeff Toig; source says he exited in March — A replacement for Toig, who was the company's third CEO since its launch, will be announced soon. — Jay Z's music streaming service Tidal has confirmed the departure of Jeff Toig, its third chief executive in two years.
More:
Variety, CNET, The Verge, Cult of Mac, and hypebot
Tweets: @pkafka, @billboardhiphop, and @mgsiegler
| Biz Carson / Business Insider: |
Lyft officially launches a dedicated app for its drivers, allows drivers to schedule pickups in advance, offers extra bonuses for pickups in high-demand areas — Uber and Lyft drivers are often at the whims of the app that dictates what rides are coming in.| Darrell Etherington / TechCrunch: |
More:
SiliconBeat, Slate, Bloomberg, PYMNTS.com, Digital Trends, Ubergizmo, SiliconANGLE, Tech Times, Android Police, Business Insider, Consumerist, SlashGear, Mashable, TechSpot, and Recode. Tweets: @alex
| Matt Brian / Engadget: |
Raspberry Pi Foundation merges with Dublin-based CoderDojo Foundation, which has over 1,250 coding clubs in 69 countries — Raspberry Pi's credit card-sized computers have helped kickstart a coding revolution. Thanks to their low cost, major companies like Google and VMWare …
More:
Raspberry Pi, GeekWire, ZDNet, VentureBeat, BetaNews, bit-tech.net, The Next Web, TechCrunch, TechSpot, Silicon Republic, The Tech Portal, and Inquirer
Tweets: @coderdojo and @raspberry_pi
| Natalie Gagliordi / ZDNet: |
Qualcomm agrees to pay BlackBerry $940M for royalty fees smartphone maker overpaid between 2010 and 2015 — Qualcomm has agreed to pay the full amount on or before May 31. — BlackBerry revealed Friday that it has reached a final settlement agreement with Qualcomm for $940 million.
More:
Digital Trends, Marketwire, Seeking Alpha, MarketWatch, Fortune, The Tech Portal, and Seeking Alpha
| David McCabe / Axios: |
As Section 702 of FISA comes up for renewal, 30+ tech companies including Google, Snap, Uber, Facebook, Microsoft, and Amazon push for surveillance reform — Major tech companies including Facebook, Google and Snap are asking for reforms to a key government surveillance program, according to a letter obtained by Axios.| Ben Lovejoy / 9to5Google: |
857 missing/abducted children have been rescued as a result of the AMBER alert program, which sends descriptions, suspect vehicle details to phones in the area — The National Center for Missing & Exploited Children says that a total of 857 children who were reported missing or abducted …
More:
Engadget
| Sarah Perez / TechCrunch: |
Circle Media, maker of Circle with Disney device that pairs with a Wi-Fi network to give parents control over kids' web access, announces $10M Series A — Circle Media, the company behind Circle with Disney - a device that helps parents enforce their home's internet rules and restrictions …
More:
Building Circle, Portland Business Journal, socalTECH.com, and PYMNTS.com
| Lulu Yilun Chen / Bloomberg: |
Sources: Alibaba to invest $1B+ in Chinese food-delivery service Ele.me, valuing the company at $5.5B to $6B — Ele.me said to be valued at $5.5 billion to $6 billion — The Chinese food delivery service competes with Meituan — Alibaba Group Holding Ltd. and its financial services affiliate plan …
More:
Business Insider, Retail Dive, TheStreet, The Tech Portal, and Tech in Asia. Tweets: @luluyilun
| The Local: |
A court in Rome lifts a ban issued in April that blocked the Uber Black service across Italy — The Local — A court in Rome has lifted a ban blocking the Uber Black service across Italy, which had been in place since April 7th. — The initial ban upheld a complaint filed by taxi unions …
More:
Reuters
| Paul Sawers / VentureBeat: |
Stripe debuts Express accounts for Connect, allowing sellers to sign up to marketplaces in under “two minutes”, and rolls out new payment routing infrastructure — Stripe, the fast-growing fintech startup that's now worth around $9 billion, has announced that it's making it easier … Sponsor Posts
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Sources:
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Big Technology Podcast:
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Channels with Peter Kafka:
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Invest Like the Best:
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