Techmeme
November 13, 2017, 12:25 AM

Top News

Eric Newcomer / Bloomberg:
Sources: Uber-SoftBank deal to see investors buying $1B of Uber shares at current valuation, proceed with $9B tender offer for secondary shares in coming weeks  —  Uber moves closer to selling up to $10 billion in shares  —  Benchmark agrees to put suit against Uber co-founder on hold
Katie Roof / TechCrunch:
Uber says it's entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment  —  The paperwork's done!  The long-anticipated SoftBank Group investment into Uber has been agreed upon, a spokesperson confirms to TechCrunch.  —  We've been provided the following statement.
David Z. Morris / Fortune:
Bitcoin Cash's market cap is up +130% in 2 days to about $26B, briefly overtaking Ethereum's, and Bitcoin Cash's hashrate has surpassed Bitcoin's  —  The cryptocurrency market is experiencing a complex shakeup this weekend, with a recently created digital token called Bitcoin Cash (BCH) …
New York Times:
Inside NSA's Tailored Access Operations group and the investigation into Shadow Brokers, a hack of NSA now considered much more damaging than Snowden leak  —  A serial leak of the agency's cyberweapons has damaged morale, slowed intelligence operations and resulted in hacking attacks on businesses and civilians worldwide.
Google Online Security Blog:
Google and UCB study: from March 2016 to March 2017, 788K credentials were stolen via keyloggers, 12M credentials via phishing, and 3.3B via 3rd-party breaches  —  Posted by Kurt Thomas, Anti-Abuse Research; Angelika Moscicki, Account Security  —  Account takeover, or ‘hijacking’ …
Jon Russell / TechCrunch:
Alibaba smashes its Singles Day record once again as sales hit $25.4B, a 39% increase over last year's sales total  —  Alibaba has set another Single's Day record after the e-commerce giant sold over $25 billion of product on the Chinese biggest online shopping date.
Aliya Ram / Financial Times:
UK-based Graphcore, maker of machine learning chips, has raised $50M from Sequoia Capital  —  UK chipmaker Graphcore has raised $50m from Sequoia Capital, one of Silicon Valley's top venture capital firms, as the start-up angles to become Britain's biggest maker of artificial intelligence hardware.
Greg Bensinger / Wall Street Journal:
Study: increases and decreases in Uber's base fare have little effect on long-term driver earnings  —  Study co-authored by company finds drivers inevitably take home about the same earnings whether fares go up or down  —  Hours before Uber Technologies Inc.'s chief executive resigned in June …
Tweets: @scottmaustin

Sponsor Posts

Microsoft:
Testing a datacenter under the sea  —  Envisioned to be resilient and self-sustainable, Project Natick enters a new research phase off the Scottish coast.
IBM:
IBM will give $200,000 to a team that can come up with a solution for natural disaster preparedness  —  Call for Code, The initiative for developers to use their mastery of the latest technologies, to build solutions that can change the world.
eero:
Another day, another cyber security threat. eero keeps your network protected.  —  VPNFilter is the latest router-based malware and is estimated to affect over 500,000 consumer routers.
Zoho:
It's go time for Go Zoho!  —  It's not often that you hear of a tech company taking a vintage Airstream trailer on the road to help users in their own neighborhood.  Then again, Zoho's no ordinary tech company.

Listen to Techmeme's Podcast:

Techmeme Ride Home for Monday, June 18 Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:25 AM ET, November 13, 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

Ron Amadeo / Ars Technica:

Earlier Picks