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

Smartsheet:
Roche Transforms Processes That Help Millions of Patients  —  “We're actually managing 30% more projects with the same number of project managers as we were before.”  Watch the video here.
TWiT.tv:
Tech Podcasts from Every Angle  —  TWiT.tv covers the latest in news, privacy, hacking, security, plus reviews of smartphones, laptops, tablets, and wearables.  If it has a chip, Leo Laporte and friends have a podcast on it.
Zoho:
3 things to know before hosting a Twitter chat  —  We are in a world of infinite scrolling and relentless trolling, putting brands under constant pressure to try something novel in order to succeed.
Google Cloud:
What does the future of cloud computing hold  —  and what does this mean for businesses?  We looked at the data, talked to luminaries, and listened to customers across the world.  Here's what they said.
Techmeme Leaderboards:
Find out who the top reporters are in 40 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.

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More News

Ernesto / TorrentFreak:

Earlier Picks

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