Techmeme
October 20, 2017, 2:55 AM

Top News

Lyft Blog:
Lyft says it has raised $1B, led by Alphabet's CapitalG, at an $11B post-money valuation; CapitalG partner David Lawee joins Lyft board  —  Today we're happy to announce CapitalG — Alphabet's growth investment fund — is leading a $1 billion financing round in Lyft.  This brings Lyft's post-money valuation to $11 billion.
Peter Kafka / Recode:
Sources: Facebook's news subscription tool is delayed on iOS over Apple's 30% App Store cut; the tool will roll out on Android phones over coming weeks  —  The problem: Apple's 30 percent tax.  —  Facebook's effort to help media companies sell subscriptions has hit a snag: Apple.
Dan Primack / Axios:
Online personal shopping startup Stitch Fix files for IPO, says it lost just under $1M on $977M in revenue for the year ending July 29, will trade on Nasdaq  —  Stitch Fix, a personal shopping subscription service founded by Katrina Lake, has filed for an initial public offering.
Reuters:
Founders of company that owns Tezos code seek to oust head of the Swiss foundation set up to manage its $232M ICO, putting project at risk  —  Anna Irrera, Steve Stecklow, Brenna Hughes Neghaiwi  —  ZUG, Switzerland/NEW YORK (Reuters) - Just three months ago, a tech project called Tezos …
Duncan Riley / SiliconANGLE:
Intel and Amazon partner to release a new development kit enabling Alexa voice-control capabilities in third-party smart home devices  —  Intel Corp. and Amazon.com Inc. said Thursday they're teaming up to deliver a new development kit that allows developers to embed Amazon's Alexa voice-control capabilities …
Sarah Perez / TechCrunch:
Google Play rolls out “Try It Now” button for Android Instant Apps, updates Editor's Choice section and Play Console  —  Google today is announcing a number of changes to its Google Play app store, the most notable being a new way to try apps immediately without having to first install them on your mobile device.
Laura Hazard Owen / Nieman Lab:
Pew survey of 1,116 technologists and other experts: most say political and social divide feeds misinfo online; 51% say things won't improve over next decade  —  It can be nice to hear from experts (even the so-called experts) how things are going to shake out.
Tony Romm / Recode:
Senate bill on political ads, called the Honest Ads Act, would regulate web firms with 50M+ annual visitors, require copies of ads and info on $500+/year buyers  —  An early look at the Honest Ads Act by Sens. Mark Warner, Amy Klobuchar and John McCain  —  A trio of top Senate lawmakers …
Wall Street Journal:
How Amazon uses an in-house team of specialists to gain incentives from local and state governments for building projects, including its second headquarters  —  Cities and states woo e-commerce giant to house its second headquarters; request for proposals closes Thursday
Katie Roof / TechCrunch:
MongoDB closes up 34% on its first day of trading on the Nasdaq, at a market cap of around $1.6B, after raising $192M in its IPO  —  New York-based MongoDB went public on the Nasdaq on Thursday, finishing the day at $32.07, up 34 percent above its IPO price of $24.
More: ZDNet and GeekWire

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up  —  Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:55 AM ET, October 20, 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

Earlier Picks

Megha Rajagopalan / BuzzFeed:
Wall Street Journal:
John Koblin / New York Times: