| Bloomberg: |
Cisco to buy telecommunications software company BroadSoft for ~$1.9B to expand further into software and cloud services — Cisco Systems Inc. agreed to buy BroadSoft Inc. for about $1.9 billion to expand further into software and cloud services. — Cisco will pay $55 a share in cash … | Dieter Bohn / The Verge: |
Google ‘actively investigating’ reports of Pixel 2 XL screen burn-in — Bad to worse — Over the weekend, people with review units of the Pixel 2 XL began noticing a problem. No, not the already-known issues of muddy color and grainy textures when viewed in low-light, but one that's potentially more worrisome: screen burn-in.| Saqib Shah / Engadget: |
Google rolls out “Pay With Google”, which lets Android users shop faster by using a debit or credit card setup previously on a Google service, like YouTube — As promised, Google is streamlining online purchases made through Android devices by rolling out Pay with Google.| Tom Dotan / The Information: |
Sources: Snap badly overestimated demand for Spectacles, has hundreds of thousands of unsold units in warehouses, either fully assembled or in parts — Snap badly overestimated demand for its Spectacles and now has hundreds of thousands of unsold units sitting in warehouses … | Darrell Etherington / TechCrunch: |
Essential Phone price drops $200 to $499, a few months after its debut; current US customers get online credit toward other Essential purchases — Essential has an offer that's honestly very hard to refuse: The price of the Essential Phone (PH-1, going by technical model number), is now $200 cheaper, so $499 off-contract and unlocked.| Ben Thompson / Stratechery: |
FTC failed in allowing Facebook to acquire Instagram, WhatsApp; it should intervene on tbh, regardless of whether the purchase price is enough to mandate review — There was one line in TechCrunch's report about Facebook's purchase of social app tbh [sic] that made me raise my eyebrows (emphasis mine):| Kim Zetter / The Intercept: |
Kaspersky offers source code and business operations for review by independent third parties after Russian spying claims — Responding to U.S. government suggestions that its antivirus software has been used for surveillance of customers, Moscow-based Kaspersky Lab is launching what it's calling … | Roger Cheng / CNET: |
T-Mobile reports Q3 profit of $550M, adds 595K postpaid phone subs, meets expectations with $10B in revenue; earnings call skipped amid Sprint merger rumors — The “Un-carrier” boasted another strong quarter, but everyone's just wondering when its deal with Sprint will go down.| Michael del Castillo / CoinDesk: |
LedgerX starts trading first regulator-approved cryptocurrency derivatives in US, clears $1M+ worth of bitcoin swaps and options in the first week — The first regulated cryptocurrency derivative trades have taken place on a U.S. exchange. — In a statement to the press today … | Ingrid Lunden / TechCrunch: |
Marketing activation platform ActionIQ raises $30M Series B led by Andreessen Horowitz, to give marketers better audience insights for more effective campaigns — The trend of using big data analytics to glean more targeted insights for your business continues to be democratized … | Sarah Perez / TechCrunch: |
Google says 64% of Chrome traffic on Android is now protected with HTTPS, 75% on Mac, 66% on Windows; 71 of the top 100 websites now use HTTPS by default — Google's push to make the web more secure by flagging sites using insecure HTTP connections appears to be working.| Heather Somerville / Reuters: |
Large VC rounds from SoftBank, others contributed to slowdown in tech IPOs; just 12 VC-backed tech firms have IPOed in US in 2017 vs. 27 in same period in 2014 — LAGUNA BEACH, Calif. (Reuters) - Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp … | Marc Hochstein / CoinDesk: |
Abra raises $16M Series B led by Foxconn for its multi-currency digital wallet app — Bitcoin startup Abra has completed a $16 million Series B led by manufacturing giant Foxconn. — Announced today at the Money2020 conference in Las Vegas, the new capital brings Abra's total funding to more than $30 million.
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