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June 16, 2017, 6:25 PM
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Amazon.com:
Amazon to buy Whole Foods Market for $13.7B in all-cash deal; John Mackey will remain CEO of Whole Foods Market, which will continue to operate stores  —  Whole Foods Market ranked #28 and Amazon ranked #2 on Fortune's 2017 list of World's Most Admired Companies
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Sarah Perez / TechCrunch:
Amazon wants to become Walmart before Walmart can become Amazon  —  The future of retail will be a combination of both online e-commerce and a brick-and-mortar retail presence - as recent moves from both Walmart and Amazon have shown, including today's back-to-back announcements from the two rivals …
Paul Sawers / VentureBeat:
Before Whole Foods the biggest Amazon acquisitions were Zappos for $1.2B (2009), Twitch for $970M (2014), Kiva Systems for $775M (2012), Souq for $650M (2017)
Robert Frank / New York Times:
A look at Jeff Bezos' charitable donations after he asks for ideas on philanthropy focused on “the right now”, for causes with “urgent need and lasting impact”  —  Jeff Bezos, the founder and chief executive of Amazon, is well on his way to becoming the richest person in the world …
Dean Takahashi / VentureBeat:
After teasing Ataribox, Atari CEO confirms company is working on a game console  —  EXCLUSIVE:  —  Atari CEO Fred Chesnais told GamesBeat in an exclusive interview that his fabled video game company is working on a new game console.  —  In doing so, the New York company might be cashing …
Olivia Solon / The Guardian:
Last year a Facebook bug exposed the personal profiles of 1,000+ content moderators to administrators of the groups with removed terrorist content  —  A security lapse that affected more than 1,000 workers forced one moderator into hiding - and he still lives in constant fear for his safety
Michael J. de la Merced / New York Times:
Walmart to buy menswear company Bonobos for $310M; Bonobos' CEO Andy Dunn will oversee Walmart's digital brands  —  Walmart has agreed to acquire the men's clothing company Bonobos for $310 million.  —  The purchase is part of a sweeping effort by the world's largest retailer to revamp …
Andy Greenberg / Wired:
North Korea's cyberattack strategy may seem erratic, but experts warn it can be effective at raising funds, creating chaos, and extending military aggression  —  NORTH KOREA IS arguably the least-understood nation on the planet.  And that also applies to its state-sponsored hackers whose global cyberattacks …
Wall Street Journal:
Apple hires Sony TV execs Jamie Erlicht and Zack Van Amburg as heads of video programming worldwide reporting to Eddy Cue, to lead push into original content  —  Jamie Ehrlicht and Zack Van Amburg will join Apple as co-heads of video programming world-wide  —  Apple Inc. has poached …
Steve Dent / Engadget:
Microsoft unveils Modern Keyboard with a fingerprint sensor, which works either wired or via Bluetooth 4.0, compatible with Windows 8-10, Android, and macOS  —  Microsoft has quietly unveiled the Modern Mouse and Modern Keyboard, its next generation of Windows 10 input devices that match the latest Surface models in design and finish.
Rochelle Toplensky / Financial Times:
Sources: EU to fine Google for abusing its search market dominance in the coming weeks; fine could top the €1B EU fined Intel in 2009  —  Search giant is braced for a fine that could top €1bn with decision expected shortly  —  Read next … Google is braced for a fine of potentially …
Yuliya Chernova / Wall Street Journal:
Gym membership startup ClassPass raises $70M Series C led by Temasek, at what the CEO says is a $470M post-money valuation  —  Startup has raised funding at a lower share price than its previous financing round, according to estimates from PitchBook Data Inc.
Tweets: @stevekovach

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From Mediagazer

Joe Flint / Wall Street Journal:
Sources: David Ellison has asked CNN CEO Mark Thompson to stay on after the WBD acquisition closes; Thompson's current deal extends into 2027

Wall Street Journal:
Sources: Disney plans a TV restructuring that is expected to result in more layoffs and consolidation of divisions as it pivots from linear TV toward streaming

Charlotte Tobitt / Press Gazette:
A US judge dismisses Penske Media's lawsuit against Google over traffic and revenue loss due to AI Overviews since Google never promised any traffic to Penske

More News

Ernesto / TorrentFreak:
Top EU court rules that ISPs can be ordered to block The Pirate Bay and other torrent sites

Earlier Picks

Emily Jackson / Financial Post:
Canada's telecom regulator CRTC orders all new devices be unlocked, bans unlocking fees, effective Dec. 1
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