Techmeme
June 17, 2017, 2:30 PM

Top News

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
Brad Stone / Bloomberg:
Amazon has been laying groundwork to acquire a grocery chain, and Whole Foods has a strong brand and high-income demographic that lines up with its own  —  Amazon has been laying groundwork to take over a grocery chain  —  Whole Foods has a strong brand and high-income demographic
Sarah Perez / TechCrunch:
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 …
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 …
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
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 …
Lizette Chapman / Bloomberg:
Sources: Reddit is raising funding at a valuation of around $1.7B  —  The link-sharing website bulks up with venture capital  —  Snoop Dogg, Marc Andreessen, Peter Thiel among earlier backers  —  Reddit is one of the few relics of the mid-2000s internet that has not only survived but thrived in recent years.
Pan Yue / China Money Network:
Chinese online used car trading platform Guazi.com raises $400M Series B led by Sequoia China; Guazi was valued at $1B during $250M Series A in September 2016  —  Sequoia Capital China has led a US$400 million series B round in Guazi.com Inc., a Chinese online used car trading platform headed …

Sponsor Posts

eero:
eero plans to add WPA3 support in a future update.  —  We built eero hardware and software together to ensure that we can control and improve digital security.  We're excited about the security benefits WPA3 provides …
Wavefront by VMware:
Metrics and Analytics by Wavefont by VMware: Enter to Win $500  —  Discover Wavefront's out-of-the-box monitoring suite for Containers, AWS, Windows, Linux & more.  Try Free for 30 days, enter to win $500
Zoho:
Understand your leads better with customizable webinar registration forms.  —  Good market players know too well who they serve.  It's a knowledge built on relationships, with an instinct to understand users' needs and expectations.
TechCrunch Disrupt SF:
Catch the founder & CEO of Revolut at Disrupt SF  —  Nikolay Storonsky took his company from a $350 million valuation to a $1.7 billion valuation in under six months.  Hear how he did it at Disrupt SF this September.

Listen to Techmeme's Podcast:

Techmeme Ride Home: Friday, 7/20 - New Tesla is a "Rainbow-Farting Space Ship" Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:30 PM ET, June 17, 2017.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Ernesto / TorrentFreak:

Earlier Picks

Michael J. de la Merced / New York Times:
Steve Dent / Engadget:
Wall Street Journal: